Creditors Force DOF in Bankruptcy Whipping Out Shareholders

Published Feb 2, 2023 12:13 PM by The Maritime Executive

Creditors for the financially troubled offshore company DOF ASA requested that the Norwegian courts begin a bankruptcy proceeding...

DOF Seeks to Avoid Bankruptcy as Shareholders Call to Oust Board

Published Feb 1, 2023 2:09 PM by The Maritime Executive

Norwegian offshore services provide DOF is facing a court-ordered bankruptcy after it appears the board failed to win support from...

Published Jan 31, 2023 2:02 PM by The Maritime Executive

The first financial reports are emerging for the end of 2022 providing a sense of the depth of the impact the declines in volumes...

Published Jan 31, 2023 12:25 PM by CBS Executive Fonden

The maritime industry has always been the industry most impacted by global challenges such as geopolitical unrest, wars,...

Published Jan 30, 2023 6:29 PM by The Maritime Executive

The back and forth in the dispute over the failed proposal for the combination of Euronav and Frontline continues to create uncert...

Published Jan 30, 2023 1:18 PM by The Maritime Executive

The new board of directors of Norwegian offshore operator DOF is back with a new proposal to refinance the company and lower its d...

Published Jan 27, 2023 1:56 PM by The Maritime Executive

The battle lines continue to be drawn over the future of tanker company Euronav with Norwegian investor John Fredriksen and the Be...

Published Jan 25, 2023 1:00 PM by The Maritime Executive

MSC Mediterranean Shipping Company (MSC) and Maersk have agreed to terminate their eight-year alliance known as 2M when it comes u...

Published Jan 19, 2023 7:10 PM by The Maritime Executive

In the latest edition of the In The Know podcast series, The Maritime Executive spoke with Paul Sells, President and CEO of ABS Wa...

Published Jan 19, 2023 6:39 PM by The Maritime Executive

Confirming the downward trend in the container freight market, Jones Act ocean carrier Matson announced Wednesday that it is seein...