Industry concerns have been raised that pirates in West Africa, who have seen shipping trade shifting from the Al-Mandeb strait to around the Cape, could also refocus their operations into the Gulf of Guinea.
Greece is seeking a leading role including taking command of the forthcoming EU naval mission in the Red Sea aimed at safeguarding ships from attacks by Yemen’s Iran-backed Houthi militia.
Okapi Supply Trading Advisory has acquired Oslo-headquartered Yara Marine Technologies (YMT) as it expands its maritime solutions portfolio.
Euronav’s fourth quarter results for 2024 show the first of two cash injections from its $2.35bn fleet sale to Frontline.