John Fredriksen is now a member of the Euronav board

John Fredriksen seeks seat on Euronav board

In the latest plot twist in the ongoing drama following the collapse of the planned tanker mega merger of Euronav and Frontline, Famatown Finance Limited today announced that it intends to propose

New Maersk CEO Vincent Clerc

Maersk’s record breaking year ends on a muted note

In line with its earlier guidance, A.P. Moller – Maersk (Maersk) delivered a full-year 2022 revenue that was increased by 32% to $81.5 billion, while EBIT increased by 57% to $30.9 billion

CEOs talk 2M Alliance

MSC and Maersk will end 2M alliance

In a move that will cause few tears to be shed by those who think the liner shipping industry is far too cosy, anyway, container shipping giants Mediterranean Shipping Company (MSC) and

NorthStandard leaders

VIDEO: NorthStandard P&I merger set to trigger

The merger of two major players in the marine mutual insurance market — North P&I and Standard Club — is set to come into effect on February 20, establishing NorthStandard as one

Euronav stack insiginia

Euronav seeks arbitration on Frontline merger walk away

The drama following the collapse of the planned tanker mega merger of Euronav and John Fredriksen’s Frontline continues. On Monday, the Saverys family demanded that Euronav call a special general meeting with

AJ Rahman, CEO and founder Norvic Shipping and Jiro Nishikawa, company president, Fujimaru Kaiun

Norvic Shipping charters in newbuild ultramax

Dry bulk operator Norvic Shipping has entered a long-term period-charter for a newbuild 64,000 dwt ultramax. The charter deal was signed in Norvic’s New York City office with Japanese shipowner Fujimaru Kaiun,

Saverys family wants to boot Euronav board

Frontline pulls out of Euronav acquisition

The wedding is off. John Fredriksen controlled tanker giant Frontline plc is no longer to pursue the tanker mega merger with Antwerp-headquartered Euronav NV first announced back in April last year. The

FMC Chairman Maffei comments on FMC civil penalties

Shipping interests and FMC in ding dong over proposed rulemaking

On October 14, 2022, the Federal Maritime Commission (FMC) issued a notice of proposed rulemaking (NPR) on detention and demurrage billing requirements. Industry interests didn’t like it, saying that it had aspects

Clarksons CEO Andi Case

Clarksons 2022 profit set to beat expectations

In a brief regulatory filing today, London-based shipbroking giant Clarksons announced that, following strong trading throughout the final quarter, particularly from its broking division, results for the year ending December 31, 2022,

LNG carrier

Dynagas LNG Partners ice class LNG carrier awarded new Equinor time charter

Athens headquartered Dynagas LNG Partners LP (NYSE: DLNG) reports that it has entered into a new time charter party agreement with Equinor ASA for the employment of the 2013 built ice class

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