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.

CMA CGM and Shanghai International Port Group (SIPG) have signed a strategic terminal stevedoring agreement extending cooperation between the two groups in Shanghai.

Catch up on the top 10 stories that appeared on Seatrade Maritime News over the last week.

While legislators work to get the Magna Carta of Filipino Seafarers back on track the country’s maritime academies continue to oppose the inclusion of education.

International Container Terminal Services Inc (ICTSI) handled consolidated volume of 12.75 million teu in 2023, 4% more compared to the 12.21 million teu handled in 2022.

Kotug International has concluded its acquisition of Kotug Seabulk Maritime (KSM), taking full ownership of the Caribbean marine towage business.

The handysize bulk carrier, Rubymar, flagged in Belize, eventually foundered early on Saturday morning two weeks after being struck by a Houthi-fired anti-ship ballistic missile on February 18.

Container rate negotiations on the Transpacific are about to begin in earnest, but Xeneta believes shippers and carriers both have strong hands and that will make discussions long and complex.

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.

MAN Energy Solutions has opened its largest service hub outside Europe in Singapore and it will a have strong emphasis on training for alternative fuels.