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Scorpio Tankers Inc. Announces Update on Financing Activities
Scorpio Tankers Inc. announced yesterday that it has received a commitment to sell and leaseback three MR product tankers (STI…
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Awilco LNG ASA - Contract update
Awilco LNG ASA is pleased to announce that the 2013-built 156,000 cbm TFDE WilPride today has been committed on an…
Wallem Group: Chief Executive Frank Coles has resigned
The board of Wallem Group announce that Chief Executive Frank Coles has resigned and will be leaving the Wallem Group…
The Poseidon Principles Disclosure Report is good, but the disclosure could have been better
In December 2020, the signatories of the Poseidon Principles—currently twenty large banks—released their first Annual Disclosure Report. As the first…
Cyber risks
Cyber security is also a risk to the maritime industry. There are several examples over the past few years where…
Fixed premium P&I covers reinsured outside the International Group’s Pooling Agreement – special extension of cover for Covid-19 risks
We refer to Member Circular No. 15/2020 regarding the amendments to the Rules for 2021. To harmonize standard terms of…
Diana Shipping Inc. Announces Increase in Tender Offer Price for its Shares of Common Stock and Extension of Expiration Date
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that it is amending…