Tor Olav Trøim has enjoyed a stellar career in shipping. Now chairman of Golar LNG, a role he has held for more than five years, Mr Trøim has served as a director of th ..
The post COLUMN | Tor Olav Trøim, Golar LNG, diversity and carbon emissions equity [Offshore Accounts] appeared first on Baird...
In a surprising turn of events, the Supervisory Board of Belgian tanker major Euronav […]
The post Euronav CEO Hugo De Stoop steps down appeared first on Offshore Energy.
https://www.offshore-energy.biz/euronav-ceo-hugo-de-stoop-steps-down/
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Look at virtually any stock chart in any ocean shipping sector and you’ll see a similar pattern....
Famatown Finance Limited, a company indirectly controlled by shipping billionaire John Fredriksen, has acquired an […]
The post Fredriksen takes lion’s share in Euronav appeared first on Offshore Energy.
https://www.offshore-energy.biz/fredriksen-takes-lions-share-in-euronav/
“In classic Murphy’s Law fashion, shipping seems prone to misfortune,” lamented Stifel analyst Ben Nolan in the wake of Sunday’s surprise OPEC+ production cuts. “Things could not have been going more right for the tanker market” until OPEC+ gave tanker owners and investors a “poke in the eye.”
“OPEC+ blindsided oil and tanker markets,” said ship brokerage BRS.
OPEC+ countries, led by Saudi Arabia, agreed to cut production by 1.6 million barrels per day (b/d) starting in May. Analysts say actual...
https://www.freightwaves.com/news/opec-throws-tanker-shipping-a-curveball-shaking-confidence
By Sharon Cho (Bloomberg) — OPEC+’s shock decision to cut oil production isn’t just redrawing the outlook for crude prices, it’s also hit the prospects of tanker companies that transport the…
https://gcaptain.com/surprise-opec-output-cuts-pummel-tanker-stocks/
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There have been two historic shipping booms since the turn of the century. Could a third be around...
https://www.freightwaves.com/news/in-search-of-shippings-next-supercycle-are-tankers-next
Belgian tanker shipping major Euronav has announced the results of its long-awaited special meeting of […]
The post Euronav reshuffles the board at special shareholders meeting appeared first on Offshore Energy.
https://www.offshore-energy.biz/euronav-reshuffles-the-board-at-special-shareholders-meeting/
Norwegian tanker owner and operator Frontline revealed its highest quarterly net income since the second […]
The post Frontline posts strongest quarterly results in 14 years, remains bullish on tanker market outlook appeared first on Offshore Energy.
Belgian tanker shipping major Euronav has proposed to expand the membership of its Supervisory […]
The post Euronav comes out with its own proposal for Supervisory Board changes appeared first on Offshore Energy.