Fredriksen Ups Stake in Euronav to 22.6%
Norwegian billionaire John Fredriksen has once again increased his stake in Belgian tanker company Euronav in wake of Frontline’s termination of its
gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.
Norwegian billionaire John Fredriksen has once again increased his stake in Belgian tanker company Euronav in wake of Frontline’s termination of its
The Greek-based shipowner and operator of a Marshall Islands-registered bulk carrier have been ordered to pay a combined $2 million criminal fine for tampering
by Ben Sharples (Bloomberg) Iran’s oil exports are surging, offering solace to both Tehran and a global market fretting over the prospect of sanctions
by John Konrad (gCaptain) Vladimir Putin’s attempts to destroy Ukraine have been met with powerful resistance, and his energy war against the West has
By Joe Deaux (Bloomberg) Alcoa’s aluminum shipments will be weaker than anticipated this year amid ongoing uncertainties caused by global inflation,
LONDON, Jan 20 (Reuters) – Shipping companies are still waiting for “real green” fuel solutions as part of decarbonisation
By Mike Wackett (The Loadstar) – Transpacific container carryings from Asia to the US west coast fell sharply in last year’s fourth quarter reflecting
Cargo volumes at the Port of Long Beach fell just shy of 2021’s record last year as trade slowed in the second half of the year. The Port of
Port Houston has closed out its best year on record in 2022 with 3.9 million TEUs handled. As the port reports, the figure is nearly double the volume posted
Belgian tanker company Euronav (NYSE: EURN & Euronext: EURN) has informed shareholders that is has filed for an application request for emergency
The federal agency responsible for managing energy resources on the U.S. Outer Continental Shelf is proposing new regulations to streamline offshore wind
By Bloomberg News (Bloomberg) — One of the world’s biggest ports is working to fully automate all dock operations in a bid to cope with Covid-induced
By Mike Wackett (The Loadstar) – Ocean carriers are busy cascading bigger ships on to secondary trades in order to absorb some of their surplus tonnage
by Jason Neely (Reuters) Europe’s ban on seaborne Russian oil imports from Dec. 5 has prompted Moscow to divert its crude flows to Asia and failed to
Norwegian billionaire John Fredriksen has increased his stake in Belgian tanker company Euronav in wake of Frontline terminating its combination agreement with
By Julian Lee (Bloomberg) Russia’s seaborne crude exports soared last week to the highest level since April, suggesting that the country has —
Classification society DNV is confirming that a recent ransomware cyber attack on its fleet management software has impacted around 1,000 ships. The cyber
By Jeslyn Lerh (Reuters) Equatorial Marine Fuel Management Services rose one spot to become the top marine fuel supplier at world’s largest bunkering hub
By Alex Lawler, Bozorgmehr Sharafedin and Chen Aizhu LONDON, Jan 15 (Reuters) – Iranian oil exports hit new highs in the last two months of 2022 and
By Lucia Kassai (Bloomberg) –Chevron Corp. sold a cargo of Venezuelan oil to another US refiner in the first such transaction
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