Following the conclusion of the International Chamber of Shipping (ICS) Annual General Meeting and Board Meeting in Athens, which was opened by The Honorable Vassilis Kikilias, Minister of Maritime Affairs and Insular Policy, Hellenic Republic of Greece, the organization announced several major developments, marking a pivotal moment for global maritime leadership.
Shell shareholders on Tuesday re-elected Chair Andrew Mackenzie and CEO Wael Sawan, who said when asked about a potential deal for rival BP that the bar for mergers and acquisitions was very high.Media reports earlier this month suggested Shell was working with advisers to evaluate a potential acquisition of BP
Maersk on Tuesday denied shipping arms or ammunition to Israel during its war in Gaza in response to a shareholder proposal at its annual general meeting (AGM) but acknowledged shipping military-related cargo."Maersk has a strict policy of not shipping weapons or ammunitions into any active conflict zone," CEO Vincent Clerc told shareholders.
The Nautical Institute has welcomed Captain Trevor Bailey MNM FNI as its new President. He takes over the presidency from Captain André LeGoubin MNM MA FNI. The election took place at the Institute’s recent AGM held in Manila, Philippines.As President, Captain Bailey will be representing the interests of the members of The Nautical Institute