Business News
Creditors Force DOF in Bankruptcy Whipping Out Shareholders
Creditors for the financially troubled offshore company DOF ASA requested that the Norwegian courts begin a bankruptcy proceeding...
Read More >>DOF Seeks to Avoid Bankruptcy as Shareholders Call to Oust Board
Norwegian offshore services provide DOF is facing a court-ordered bankruptcy after it appears the board failed to win support from...
Read More >>Carriers Report Strong Results Despite Fourth Quarter Declines
The first financial reports are emerging for the end of 2022 providing a sense of the depth of the impact the declines in volumes...
Read More >>CBS's Blue Board Leadership Programme Equips Boards for New Challenges
The maritime industry has always been the industry most impacted by global challenges such as geopolitical unrest, wars,...
Read More >>Euronav Files Second Merger Arbitration While Expecting First Decision
The back and forth in the dispute over the failed proposal for the combination of Euronav and Frontline continues to create uncert...
Read More >>DOF Puts Forward New Debt Plan Warning of Insolvency and Bankruptcy
The new board of directors of Norwegian offshore operator DOF is back with a new proposal to refinance the company and lower its d...
Read More >>Euronav Standoff as Fredriksen Increases Shareholding to Equal Saverys
The battle lines continue to be drawn over the future of tanker company Euronav with Norwegian investor John Fredriksen and the Be...
Read More >>MSC and Maersk Agree to Terminate 2M Alliance in 2025
MSC Mediterranean Shipping Company (MSC) and Maersk have agreed to terminate their eight-year alliance known as 2M when it comes u...
Read More >>In The Know Podcast 47: Paul Sells, President and CEO, ABS Wavesight
In the latest edition of the In The Know podcast series, The Maritime Executive spoke with Paul Sells, President and CEO of ABS Wa...
Read More >>Matson Predicts a Slowdown in Transpacific Trade Through Mid-2023
Confirming the downward trend in the container freight market, Jones Act ocean carrier Matson announced Wednesday that it is seein...
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