The planned merger between tanker giants Euronav and Frontline might not go quite as easily as its architects might wish. Euronav’s largest shareholder, the Saverys family’s Compagnie Maritime Belge (CMB) is opposed
Chevron (NYSE: CVX) is to join the Singapore-based Global Center for Maritime Decarbonization (GCMD). Chevron says it aims to help support GCMD’s efforts to develop potentially scalable lower carbon technologies – including
Maritime medical services provider Vikand Solutions LLC and a number of other maritime stakeholders have launched the Seafarers’ Human Sustainability Declaration. The declaration aims to recognize and improve how the global maritime
A tanker mega merger is in the works. Frontline Ltd, (NYSE: FRO) and Euronav (NYSE: EURN) have signed a term sheet agreeing a potential stock-for-stock combination of the two companies. Based on
Marine Log (ML): Can you begin by describing what sustainability means to Foreship, both broadly and in the context of the maritime industry? Jan-Erik Räsänen (JER): There is a direct correlation between
A large part of the world’s ship chartering and sale & purchase business is negotiated at some stage by members of the London-based Baltic Exchange, the world’s oldest shipping market. Today, the
Fort Lauderdale, Fla., headquartered salvage and response specialist Resolve Marine has appointed Joseph Farrell III as deputy CEO, a transition role to CEO, from his current position as director, business development. “I
In another example of an engine problem resulting in a big bill, the National Transportation Safety Board (NTSB) has issued its report on a March 15, 2021 incident in which the 115,406
Holland America Line’s cruise ship Volendam will be used to accommodate Ukrainian refugees as part of an agreement announced by Netherlands and city of Rotterdam government officials. The ship will dock in
Caterpillar Marine is investing in methanol-fueled engine technologies. It says the commitment supports the development of decarbonization efforts in the marine industry by offering cost effective methanol-powered solutions without sacrificing the value