The company behind South Australia’s LNG terminal project, Venice Energy, has agreed to sell its project to LNG terminals and downstream infrastructure company, AG&P LNG, a subsidiary of US-owned Nebula Energy.
Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with Oldendorff Carriers GmbH & Co. KG for one of its post-panamax dry bulk vessels, the Polymnia.
Denmark’s Navigare Capital Partners A/S hired the former chief executive of Christiania Gas A/S, Andrew Christian McPhail, as a new partner, boosting the team of the alternative investment fund manager.
The New York Stock Exchange-listed drybulk shipowner Safe Bulkers has entered into an agreement for the sale of Pedhoulas Merchant, a 2006 Japanese-built, kamsarmax class, dry-bulk vessel.
Euroholdings, an owner and operator of container carrier vessels, is making a strategic shift toward modern medium range (MR) product tankers, following the acquisition of 51.04% of the company’s shares by a company associated with the Greek Latsis family.
Sanctions on Russia could either be tightened or loosened, depending on how president Donald Trump’s meeting with Russian president Vladimir Putin on Friday goes, US Treasury Secretary Scott Bessent said on “Bloomberg Surveillance.”
The United States has formally rejected the International Maritime Organization’s (IMO) proposed carbon tax aimed at reducing global greenhouse gas emissions from the international shipping sector.
“Criminal networks are exploiting every gap between jurisdictions and every weakness in our cooperation,”
Transworld Shipping Lines, formerly known as Shreyas Shipping and Logistics, has formed a joint venture agreement with 60% partnership with BainBridge Navigation to establish a handysize bulker pool based in Dubai.
The United States has formally rejected the International Maritime Organization’s (IMO) proposed carbon levy, branding it a “global carbon tax on Americans” and vowing to rally opposition ahead of a key vote in October.
