As part of sanctions targeting Russian oil, the European Union is apparently contemplating restrictions on shipping activities, potentially prohibiting EU ships from carrying Russian oil sold above an agreed limit.
Privately owned dry cargo operator Clipper Group has had two financially strong years in dry bulk market. An influx of cargoes from customers in the overheated container market has contributed, tells Clipper Group’s CEO in an interview with ShippingWatch.
In the drama surrounding the merger between tanker majors Euronav and Frontline, one of the arguments from Euronav’s biggest shareholder, the Saverys family, is that the merger will pull Euronav in the wrong direction on the green agenda. Euronav tells ShippingWatch that the company rejects this criticism.
The climate ambitions of the Sea Cargo Charter initiative have been criticized by several members, but it seems they still don’t stand to be raised, Chair Jan Dieleman tells ShippingWatch. For over a year, the initiative has considered raising the bar.
The timing proved unfortunate when DFDS took over Turkish carrier U.N. Ro-Ro in 2018. An economic crisis in Türkiye made for a difficult start, but bottlenecks and supply chain chaos following the pandemic have boosted DFDS’ investment in the company.