The maritime industry must take immediate collective decarbonisation action on an unprecedented scale in order to align with the Paris 1.5°C trajectory, argues the latest study from the Maersk Mc-Kinney Moller Center for Zero Carbon Shipping

John Fredriksen will ask Frontline shareholders to approve a $100m share capital increase and the planned move from Bermuda to Cyprus on December 20. Assuming he gets the green light, that just leaves the likely very expensive solution of Saverys opposition to a full merger to deal with

As governments prepare for the first of two pivotal climate meetings inside the International Maritime Organization, a progressive alliance of industry influencers are pushing the industry to align with the scientifically backed 1.5°C targets of the Intergovernmental Panel on Climate, not the politically variable decisions of the IMO

Having built up a near 24% stake in Euronav, the Saverys’ shareholding continues to present a problem for Euronav’s plan to complete a full merger, which would require 75% of shareholders to agree

P&I Clubs argue that meeting Turkish requirements on insurance cover would land them in breach of sanction regulations

COP27 may have tipped the balance inside the IMO courtesy of its ‘loss and damage’ agreement, but the question of funding poorer countries for the energy transition is only part of the policy problem that still needs to be unlocked by the IMO’s forthcoming revision of its climate strategy