Frontline fires another salvo in DHT takeover battle; ICS to IMO: Set hefty CO2 reduction targets

Frontline fires another salvo in DHT takeover battle
Frontline fires another salvo in DHT takeover battle
May 15, 2017 — Frontline Ltd is persisting with its efforts to gain control of DHT Holdings, Inc. Those who have been following the back and forth between the two may recall that on May 7 the DHT Board wrote Frontline Principal Executive Officer Robert Hvide Macleod telling him, among other things,”We did not build this company simply to hand it over to you on the cheap.” Well, today, Frontline released the text of the letter that it sent in response.

ICS to IMO: Set hefty CO2 reduction targets
At its Annual General Meeting, the International Chamber of Shipping agreed to urge the International Maritime Organization to adopt some dramatic CO2 reduction objectives — on behalf of the international shipping sector as a whole — in order to match the ambition of the Paris Agreement on climate change.
Legislators seek offshore wind tax credits

Senators Edward J. Markey (D-Mass.), Sheldon Whitehouse (D-R.I.) and Congressman Jim Langevin (RI-02) have reintroduced legislation intended to spur the growth of offshore wind energy in the U.S. by extending tax credits for the industry.
Modular L-ion battery system gets DNV GL type approval

The 50 m ferry will be able to carry up to 25 cars and 147 passengers, and is scheduled for launch by Danish shipbuilder Søby Shipyard Ltd later this year.
Costa Concordia: Schettino starts serving prison term

Former Costa Concordia captain Francesco Schettino began serving a 16-year prison term Friday after Italy’s Supreme Court upheld his sentence and lower court convictions for manslaughter, causing a shipwreck and abandoning ship.
Norwegian Coastal Admin newbuild to have Rolls-Royce hybrid system

A new multipurpose vessel on order at Norwegian shipbuilder Fitjar Mekaniske Verksted will be the second Norwegian Coastal Administration vessel to combine traditional diesel power with battery-driven operation.
VIDEO: CVN 72 redelivered following RCOH

The redelivery took place following successful sea trials that tested the ship’s systems following its refueling and complex overhaul (RCOH) at the company’s Newport News Shipbuilding division.
Canada to implement northern BC tanker moratorium

The legislation will prohibit oil tankers carrying crude and persistent oils as cargo from stopping, loading or unloading at ports or marine installations in northern British Columbia.