Business News

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...

Read More >>

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...

Read More >>

Carriers Report Strong Results Despite Fourth Quarter Declines

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...

Read More >>

CBS's Blue Board Leadership Programme Equips Boards for New Challenges

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,...

Read More >>

Euronav Files Second Merger Arbitration While Expecting First Decision

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...

Read More >>

DOF Puts Forward New Debt Plan Warning of Insolvency and Bankruptcy

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...

Read More >>

Euronav Standoff as Fredriksen Increases Shareholding to Equal Saverys

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...

Read More >>

MSC and Maersk Agree to Terminate 2M Alliance in 2025

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...

Read More >>

In The Know Podcast 47: Paul Sells, President and CEO, ABS Wavesight

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...

Read More >>

Matson Predicts a Slowdown in Transpacific Trade Through Mid-2023

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...

Read More >>
More News Stories