Upstream oil and gas sector-focused investor pays $200m for unit ordered in 2013 at more than $500m
Frederik Mohn and private equity firm snap up ex-Fredriksen DSME drillship Read More »
It seems that each calendar year since 2020 has each own “winner”, when it comes to the part of the shipping industry which reaps the most benefits from the course of the global economy and trade. If 2021 was the year for containers and 2022 is the one…
Tankers Expected to Emerge as the “Winners” of 2023 Read More »
The total climate footprint from production to combustion should be considered in the EU ETS for maritime. The World Shipping Council joins with Danish Shipping and renewable energy producers, shipowners and other organisations in an open letter to EU’…
The EU ETS maritime regulation must be truly green Read More »
To date, the European Union (EU) has announced concurrent sanctions packages covering individuals, entities and traded goods, with the most recent 8th package released in October. The forthcoming oil price cap defined by the U.S. takes effect on 5th De…
Impact of Russia’s Invasion of Ukraine: A Trade Finance Compliance Perspective Read More »
Egyptian authorities seized more than 18 million narcotic tabs hidden in three containers in the Mediterranean seaport of Alexandria, the interior ministry said on Monday.The 34-tonne cargo was on board a ship that docked at the northern port in transi…
Egypt Seizes 18 Million Narcotic Tabs in Alexandria Port Read More »