An investor challenging CMB’s takeover bid for Euronav in New York has also filed a request with regulators in Belgium to adjust the offer price.

Frontline recorded a profit of $656.4 million in 2023, a year marked by its purchase of much of the Euronav fleet after a tense stand-off.

Voyage optimisation and sustainability specialist, ZeroNorth, has set up a partnership with global energy firm, Vitol, so that its customers will be able to buy European Union Allowances (EUA) to cover EU Emissions Trading System (EU ETS)...

In 2023 the Panama Canal’s revenues increased by 14.9% to $4.97 billion despite handling less cargo due to draught and transits restrictions caused by drought.

Hong Kong headquartered Cetus Maritime is extending its strategy of consolidation in the handysize dry bulk sector through a deal with South American based Nachipa.

Singapore yard group Seatrium has agreed to a BRL671 million ($134.3 million) settlement over corruption allegations in Brazil related to Operation Car Wash.

The newly merged NorthStandard is one of several P&I Clubs reporting strong renewal results, with a rise in premium income and a positive response to its post-merger scale and corporate structure.

Diversions from transiting the Red Sea to avoid Houthi attacks have significantly strengthened ton mile demand to the benefit of investors listed product tanker owners.

AD Ports Group has reported a doubling of revenue in 2023 to AED11.7bn ($3.19bn), boosted by mergers and acquisitions.

CMB has launched its mandatory takeover bid for Euronav, a test of shareholder appetite for its vision of a sustainability-focussed future for the company.