After facing exceeding resistance, John Fredriksen’s Frontline has now called off its acquisition of Euronav representing something of a victory for Saverys family interests who had sought to block the deal.
Shipbroker Clarkson's ClarkSea index covering about 80% of shipping capacity soared by almost a third to record levels in 2022.
Indonesia’s PT Pertamina International Shipping (PIS) and BGN International DMCC in Dubai have inked an agreement to set up a very large gas carrier (VLGC) joint venture.