The European Commission (EC) proposal for the Multi Annual Financial Framework 2021-2027 adopted on Wednesday 2 May reserves a similar budget for the Connecting Europe Facility (CEF), the financial instrument for Transport, in the current financial per…
European Sea Ports Organisation Seeks Support for Connecting Europe Facility Read More »
On Friday (4 May), United Nations Secretary-General António Guterres visited the Headquarters of the International Maritime Organization (IMO), the United Nations specialized agency with responsibility for ship safety, maritime security and prevention …
UN Secretary-General Visits IMO Read More »
Technical matter related to covenant violation forces owner to reclassify as “going concern,” but no threat to Euronav takeover.
Gener8 forced to restate finances Read More »
The United States Navy is re-establishing its Second Fleet, responsible for the northern Atlantic Ocean, nearly seven years after it was disbanded as the Pentagon puts countering Russia at the heart of its military strategy.“Our National Defense…
With Eye on Russia, US Navy Reestablishing Its Second Fleet Read More »
Despite short-term lackluster performance, the existing fundamentals seem to indicate a brighter long-term future ahead for the product tanker market. According to the market outlook released this week by shipowner Capital Product Partners, “product ta…
Low orderbook bodes well for Product Tanker Long-Term Prospects Read More »