The dust surrounding the failed Euronav mega merger with John Fredriksen’s Frontline shows no sign of settling. In the most recent development, CMB (Compagnie Maritime Belge) yesterday wrote Euronav’s supervisory board requesting
Within days of John Fredriksen’s Frontline plc announcing that it was pulling out of its planned tanker mega merger deal with Euronav, Fredriksen-associated Famatown Finance Ltd filed a notice with the SEC
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
Rebecca Galanopoulos Jones, senior content analyst at online ship valuation and data provider VesselsValue, has analyzed the top 10 global ship owning nations, looking into the total fleet values, S&P activity, and
CMB Group’s offshore personnel transfer subsidiary Windcat has placed an order for the construction of a series of hydrogen-powered Commissioning Service Operation Vessels (CSOVs), with Damen Shipyards. The “Elevation Series” CSOVs have
Windcat Workboats and CMB Tech, both part of the CMB, have announced plan to order an additional six hydrogen-fueled crew transfer vessels (CTVs) by 2024. This follows the delivery of the Hydrocat
Ever since the age of sail, cargo ships have followed the same operational practice: “sail fast, then wait” (SFTW). Ships sail to their destination at their service speed, without regard for the
MAN Engines reports that it has put its first two dual fuel hydrogen-powered engines for work boats into serial operation. The two twelve-cylinder MAN D2862 LE448, diesel engine each have an output
Demonstrating that fuel cells are not the only way to use hydrogen is a marine fuel, the world’s first hydrogen-powered tugboat, the Hydrotug, was launched at the Navia, Spain, shipyard of Astilleros
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
