Offshore service operator Esvagt is banking heavily on the offshore wind market with its service vessels. But at the same time, the company eyes several challenges ahead for the green transition efforts.
A combination of new Turkish regulation and Western sanctions on Russian crude has led to congestion of oil tankers in Türkiye’s waters. Diplomats are working to prevent unnecessary control of tankers to and from the Black Sea.
Belgian shipping family Saverys acquires additional shares in Euronav and now only needs a small increase of its equity position to block a full merger between the tanker operator and rivaling company Frontline.