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CMB Nv Launches Its Mandatory Public Takeover Bid On Euronav NV

CMB Nv Launches Its Mandatory Public Takeover Bid On Euronav NV

CMB NV (“CMB”) announces that on February 13, 2024 the Belgian Financial Services and Markets Authority (the “FSMA”) approved the...
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MOL Teams up with Australian Energy Company Woodside, South Korean Shipbuilder HD KSOE and Shipping Firm Hyundai Glovis to Study Transport of Liquefied Hydrogen

MOL Teams up with Australian Energy Company Woodside, South Korean Shipbuilder HD KSOE and Shipping Firm Hyundai Glovis to Study Transport of Liquefied Hydrogen

Mitsui O.S.K. Lines, Ltd. announced the signing of a non-binding memorandum of understanding (MoU) with Woodside Energy Ltd (Woodside), a...
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Republic of the Marshall Islands Maritime Administrator awards Approval in Principle for Anemoi Rotor Sails

Republic of the Marshall Islands Maritime Administrator awards Approval in Principle for Anemoi Rotor Sails

The Republic of the Marshall Islands (RMI) Maritime Administrator has awarded an Approval in Principle (AiP) to Anemoi Marine Technologies...
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Baltic index dips on falling capesize rates

Baltic index dips on falling capesize rates

The Baltic Exchange’s dry bulk sea freight index edged down on Wednesday, snapping a three-session winning streak, as falling rates...
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Special risks of BESS (Battery Energy Storage System) for cargo insurers

Special risks of BESS (Battery Energy Storage System) for cargo insurers

To achieve the Paris Agreement goals, the adoption of renewable-energy sources has increased significantly in recent years and BESS (Battery...
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Iraq committed to OPEC, will not produce more than 4 mln bpd -minister

Iraq committed to OPEC, will not produce more than 4 mln bpd -minister

Iraq is committed to OPEC decisions and after its second voluntary cut announced in December it is also committed to...
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Euploia Drydocks & Services Ltd has established an exclusive partnership with C.C.JENSEN to elevate vessel operations through the integration of CJC® Engine Lube Oil Filters

Euploia Drydocks & Services Ltd has established an exclusive partnership with C.C.JENSEN to elevate vessel operations through the integration of CJC® Engine Lube Oil Filters

We are delighted to announce a new exclusive representation in the field of engine lube oil filtration systems with one...
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General notice of cancellation in respect of certain war risks

General notice of cancellation in respect of certain war risks

Skuld (Gjensidig) (“The Association”) has received a Notice of Cancellation from reinsurers in respect of certain war risks that are...
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The hardest job in the world’: Siberian shipyard workers brave freezing cold

The hardest job in the world’: Siberian shipyard workers brave freezing cold

A drone flies low over a snow-covered shipyard in Russia’s Far East, where workers toil in subzero temperatures to maintain...
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Best’s Market Segment Report: P&I Clubs Improve Underwriting Results but Further General Increases Needed to Keep Up With Inflation

Best’s Market Segment Report: P&I Clubs Improve Underwriting Results but Further General Increases Needed to Keep Up With Inflation

Despite a relatively benign year for pool claims in 2023, Protection and Indemnity (P&I) clubs will seek further price improvements...
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UN shipping agency working ‘tirelessly’ to solve Red Sea crisis

UN shipping agency working ‘tirelessly’ to solve Red Sea crisis

The United Nations shipping agency is working “tirelessly” to solve the Red Sea crisis, which is severely disrupting the global...
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Greece: Four dead in shooting at shipping company

Greece: Four dead in shooting at shipping company

Four people were killed — including the suspected perpetrator — in a shooting that happened at the offices of a...
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BIMCO starts work on contract for growing wind turbine market

BIMCO starts work on contract for growing wind turbine market

BIMCO has established a subcommittee to work on a global standard contract for the transport and installation of offshore wind...
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Baltic index scales 1-month high on firm rates for larger vessels

Baltic index scales 1-month high on firm rates for larger vessels

The Baltic Exchange’s dry bulk sea freight index rose to a one-month high on Monday, buoyed by firm capesize and...
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Panama Canal does not plan transit restrictions at least until April

Panama Canal does not plan transit restrictions at least until April

The Panama Canal sees no need for further vessel transit restrictions until at least April, when its authority will evaluate...
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Asia spot LNG prices dip on tepid demand, healthy stocks

Asia spot LNG prices dip on tepid demand, healthy stocks

Asian spot liquefied natural gas (LNG) prices dipped this week, remaining below $10 per million British thermal units (mmBtu) for...
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Maersk pilots Shanghai as new global gateway for LCL Shipments

Maersk pilots Shanghai as new global gateway for LCL Shipments

Maersk, the world’s leading shipping and logistics company, announces today that Maersk pilots Shanghai as its new global gateway of...
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APM Terminals calls on OEMs to support them in raising asset management standards

APM Terminals calls on OEMs to support them in raising asset management standards

APM Terminals’ journey to towards becoming a world class asset management organisation started some years ago. In this next step...
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Shipyard working conditions and the Norwegian Transparency Act

Shipyard working conditions and the Norwegian Transparency Act

Recent media reports have focused on allegedly poor working conditions at Turkish shipyards. The law firm Wikborg Rein reminds Norwegian...
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Asian LNG re-export trend continues to surpass Europe so far in 2024

Asian LNG re-export trend continues to surpass Europe so far in 2024

Asian LNG re-exports have continued to outmatch reexports from Europe so far in 2024, maintaining Asia’s stronger reexport trend that...
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