Hanwha buyout set to bring ‘cultural revolution’ to shipbuilder DSME
Top management changes, a review of overseas offices and questions over its future direction preoccupy at South Korean yard
Tankers
Trafigura’s Rasmus Bach Nielsen takes helm of Sea Cargo Charter to ‘push green transition forward’
Trafigura executive replaces Jan Dieleman as Cargill’s Eman Abdalla becomes vice chair
Green Seas: A (partly) averted oil spill disaster highlights risk of ‘shadow’ tanker fleet
Our environment newsletter looks at how the casualty of the Pablo confirmed fears of a spill from the dark fleet, and the risk that the next one could be much worse
Another MR tanker purchase option saves d’Amico $16m in open market
Italian shipowner continues to hoover up bargain tonnage through clauses in bareboat charters
Watsa’s Seven Islands more than doubles money in 22-year-old suezmax sale
Indian owner cashes in on veteran vessel acquired a little over two years ago from Ridgebury Tankers
ADNOC Logistics & Services set for June stocklisting
Parent to offer 15% of shares in shipowning and maritime business unit on Abu Dhabi exchange
Galtung Dosvig’s EGD Holding rides tanker wave to record profit
Ship sales and the value of its investment in Klaveness Combination Carriers also boosted the bottom line
EU plots crackdown on Russia oil sanctions evaders
Envoys started talks on Wednesday on the 11th package of measures, including addressing the flouting of oil price caps
Ardmore Shipping steady as she goes with another profitable quarter
Numbers fall slightly from robust fourth quarter while bookings are in line for current three months
Minister concerned at trade ‘triangle’ that recycles Russian oil into Denmark
Imports of Indian jet fuel refined from Russian crude have soared, lobby group says