Frontline may have to rely on other reasons to avoid potential legal action from Euronav
tankers
Indian-managed tanker switches P&I club during first Russian price cap voyage
Standard Club says “compliance with legal and regulatory obligations” is a key part of running its business
Ifchor and Galbraiths ink their planned merger to form new 300-person brokerage
Integration of two companies should be completed by end of first quarter
Tsakos flips container ship newbuildings to large tankers
The Greek shipping company dropped two feeder boxships booked at Hyundai shipyard for suezmax tanker newbuildings worth $170m
Alex Saverys keen to change management and strategy at Euronav
Alex Saverys-led Compagnie Maritime Belge (CMB) has said it would like to change composition of the board and strategy at tanker firm Euronav in the wake of John Fredriksen’s Frontline deciding this week to ditch merger plans. CMB said in a release it intends to “constructively engage” in a...
https://splash247.com/alex-saverys-keen-to-change-management-and-strategy-at-euronav/
Tsakos negotiates contract switch from boxships to tankers with Korean yard
Illustrative of where pundits think the markets will go in 2023, Alphaliner is reporting Greece’s Tsakos Shipping and Trading is negotiating the conversion of orders for two 2,782 teu container vessels into contracts for suexmax tankers, citing numerous broking reports. Tsakos has eight 2,782 teu...
https://splash247.com/tsakos-negotiates-contract-switch-from-boxships-to-tankers-with-korean-yard/
Lila Global places chemical tankers in the GSB J19 Pool
Lila Global additions see stainless steel chemical tanker pool grows to nine ships
G7 Nations Designing Price Caps on Russian Refined Oil Products
By Kevin Whitelaw (Bloomberg) — Group of Seven nations are aiming to design two price caps for Russian refined petroleum products to account for those that trade at higher prices than…
https://gcaptain.com/g7-nations-designing-price-caps-on-russian-refined-oil-products/
Euronav shares plunge while Frontline and International Seaways strengthen
Investors sell off Euronav following Frontline’s announcement that it was backing off merger plans with the Belgian tanker owner
Saverys’ CMB wants to talk Euronav future and leadership after abandoned Frontline merger
Family company wants to talk about tanker owner’s strategy and supervisory board make-up after combination falls through