Belgian oil tanker and storage company Euronav said on Wednesday it disputed Frontline's right to end a merger agreement between the two firms and was considering options, including arbitration and legal action. Oslo-listed oil transporter Frontline said on Monday it was canceling the $4.2 billion merger deal.
Canadian headquartered shipowner Seapeak on Thursday announced it has completed its previously announced acquisition of Danish shipping company Evergas from France-based Jaccar Holdings.Evergas, previously comprising Greenship Gas Trust and Greenship Gas Manager, is one of the world’s leading seaborne transporters of petrochemical gases and natural gas liquids (NGL).
Five people were injured and hundreds more evacuated after a fire broke out aboard a ferry traveling from Manhattan to Staten Island on Thursday evening, officials said.The Sandy Ground, one of the Staten Island Ferry's newly commissioned Ollis-class vessels, was carrying 868 passengers and 16 crew members when the engine room fire started shortly after 5 p.m.
U.S. shipbuilding group Conrad Shipyard recently launched Galveston Island, the first of two newbuild hopper dredges being built for Great Lakes Dredge & Dock Corporation, the United States' largest provider of dredging services. The new 6,500-cubic-yard-capacity trailing suction hopper dredge is in the water and is scheduled to be in operation the first half of 2023 as planned
Three migrants rescued in Spain's Canary Islands, after apparently enduring an 11-day journey from Nigeria crouched on the rudder of a fuel tanker, should now be returned home under stowaway laws, a police spokesman told Reuters on Tuesday. In a photograph distributed on Twitter by the Spanish coast guard on Monday, the three stowaways are shown crouching on the rudder under the hull
Greece rescued nine migrants and was searching for dozens of others believed to be missing after their boat sank off the island of Evia early on Tuesday, the coast guard said. Nine people have been rescued from the boat, which sank off the southern tip of Evia, Greek coast guard spokesman Nikos Kokkalas told state broadcaster ERT.
China's threat of force is undiminished, Taiwan President Tsai Ing-wen said on Thursday, even though Beijing's largest ever military drills around the island seemed to be scaling down.Furious about a visit to Chinese-claimed Taiwan last week by U.S. House of Representatives Speaker Nancy Pelosi
China's military exercises in the waters around Taiwan have prompted some ships to navigate around the Taiwan Strait and give the island a wide berth, disrupting key trading routes for cargo and commodities sailing around the world, analysts said.Angered by U.S. House of Representatives Speaker Nancy Pelosi's visit to Taiwan
Seven people have died after a high-speed Philippine ferry carrying 134 people caught fire on Monday, with seven passengers still missing, the coast guard said.The ship caught fire just before reaching the port of Real in Quezon province, about 60 km (37.28 miles) east of the capital Manila. It had left Polilio Island at 5:00 a.m. local time (2100 GMT Sunday) and made a distress call at 6:30 a.m.
Copenhagen Infrastructure Partners (CIP) has proposed to construct an artificial island dedicated to large-scale production of green hydrogen from offshore wind – called "BrintØ" - in the Danish part of the North Sea. According to CIP, one of the world’s largest dedicated fund managers within greenfield renewable energy investments
Taiwan has recovered two bodies after a ship carrying six South Koreans went missing in the Taiwan Strait, and search and rescue operations are underway, the Taiwanese and South Korean governments said on Friday.Taiwan authorities have said they received distress signals from the Kyoto 1 at around 9:50 a.m.
Finland's Wärtsilä, a leading ship engine maker, has suspended business with Russia including equipment training while German counterpart MAN Energy Solutions is reviewing contracts, adding further trade pressure on Moscow.Russia's maritime sector is already grappling with the winding down of other services including ship certification by leading foreign providers - vital for accessing ports and