Tuvalu issues warning of ‘fraudulent’ registry operation
The IMO has warned of the dangers to safe and legal shipping posed by fake ship registries
Tankers
‘Stop pussyfooting with Iran’: US senators demand tougher oil sanctions stance
Bipartisan group push for $150m fund for tougher enforcement of US sanctions on Iran after exports hit five-year high
Stena Bulk, Proman and ABN Amro join forces to fuel shipping’s methanol revolution with financial firepower
Low Emission Methanol Shipping Company brings together production, shipowning and financing expertise for the first time
Chevron set to ship crude out of Guyana as it buys Hess for $53bn
US oil major puts big bet on fossil fuel production in South America
India calls for release of three seafarers who escaped sinking tanker
Trio say they have been held on the Indonesian island of Nias for eight months without being charged
UK’s James Fisher orders up to four tankers in China as part of fleet renewal drive
Two firm orders are thought to have been placed with an option for another pair
Overseas Shipholding Group saving $1.7m in refinancing of Jones Act product fleet
New owner Maritime Partners cooperated in negotiations with Tampa-based operator
Overseas Shipholding Group saving $1.7m through Jones Act fleet refinancing
New owner Maritime Partners cooperated in negotiations with Tampa-based operator
Angeliki Frangou pays extra to secure take-private deal for Navios Holdings
Company controlled by CEO now paying 43% premium to share price before transaction was announced
CM Lemos tanker identified as Herbjorn Hansson NAT’s latest suezmax buy in $72m deal
Transaction comes as Greek company accelerates its entry into LR2 product tankers