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CMA CGM Closer to Buying All of NOL Shares

French container shipping company CMA CGM S.A. has crossed the 90 percent ownership threshold in Neptune Orient Lines Limited (NOL) following its all-cash voluntary conditional general offer for NOL which was...

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Keeping Pace With Environmental Regulations

Over the past decade, shipping has seen a surge of environmental regulations. Political pressure and an increasing focus from society at large have driven the International Maritime Organization (IMO), various...

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Chemical Tanker Runs Aground off Alaska

Norway-flagged chemical tanker Champion Ebony, carrying around 14.2 million gallons of fuel, ran aground near Nunivak Island, Alaska, on June 24, the US Coast Guard said. The tanker’s crew managed to...

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