Maersk launches $5bn share buyback as profit hits record $2.7bn
Danish boxship giant ploughing soaring earnings back into second major stock repurchase drive
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May 2021
Shipowners rank LNG as top fuel in energy transition
Despite concerns over methane slip from the maritime industry’s use of LNG, by emissions profile, the gas still outperforms methanol…
Related StoriesCongress pursues hearings on US maritime funding needsPaul Ioannidis, …
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Industry starts $1M target emergency relief fund to tackle COVID-19 seafarer crisis
Seafarer welfare charities and shipping industry players have launched an emergency relief fund in order to support seafarers and their families devastated by the rampant COVID-19 pandemic in India…
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Altera silent on restructuring as Brookfield provides $100m of financing
Shuttle tanker owner returns to profit in first quarter but has no update on strategic review of operations
Altera silent on restructuring as Brookfield provides $100m of financing Read More »
Lebanon Wants No Preconditions for Maritime Border Talks with Israel
Lebanese President Michel Aoun said on Tuesday there should be no preconditions for talks with Israel over their Mediterranean border dispute, key to Lebanon’s hopes to find gas reserves amid its worst economic crisis since its 1975-1990 civil…
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