Subscribe to our Mailing Lists (It's free!)
Wednesday, June 11, 2025
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    ReCAAP ISC

    ReCAAP ISC: Eight incidents of armed robbery 4-9 June

    ILO MLC seafarers

    ILO adopts new set of amendments to the MLC

    lessons learned

    Lessons learned: Ensure that equipment is fully cooled

    BSEE safety alert

    BSEE: Conduct thorough job safety analysis for all lifting operations

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    balanced life

    Balanced life improves mental health

    Too important to be routine: Enhancing Master and Chief Engineer performance appraisals

    Too important to be routine: Enhancing Master and Chief Engineer performance appraisals

    culture of respect

    Addressing crew shortage: Establish clear expectations for respectful and professional behaviour

    Book Review: Building leaders the MMMA way

    Book Review: How to avoid a climate disaster

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    Brazilian ports

    ICCT: Brazilian ports as renewable marine fuel bunkering hubs

    hull performance 38 vessels

    Companies sign for improved hull performance across 38 vessels

    marine pollution

    New e-learning course focuses on stopping marine pollution

    Paris agreement

    NGOs urge the inclusion of shipping in national Paris climate plans

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    Korean Registry MAPSEA

    New tripartite agreement aims to enhance data-driven operations

    digitalization

    NYK and MPA Singapore join forces for autonomous shipping

    ABS cybersecurity

    ABS: 8 key steps for cybersecurity and operational readiness

    nuclear data centres

    New study explores floating nuclear data centers to support AI

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    Paris MoU: 2024 Concentrated Inspection Campaign (CIC) on Crew Wages and SEAs

    Paris MoU: 2024 Concentrated Inspection Campaign (CIC) on Crew Wages and SEAs

    libya

    UN extends mandate on vessel inspections off Libya’s coast

    NCL Salten

    Inspection onboard NCL Salten reveals deficiencies

    India monsoon

    India: Mooring and anchoring during the Monsoon season

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    SHIPS for America Act

    US issues legislation to boost maritime operations

    tariffs

    USTR softens fee proposals for LNG and car carriers

    eu ocean

    EU adopts European Ocean Pact to protect its seas

    bv mpa singapore mou

    Renewed MoU looks at advancing maritime operations and talent

  • Columns
    seafarers

    Future ready seafarers: Beyond technical skills

    ethanol

    Ethanol makes its case in maritime decarbonisation

    crew welfare

    Proactive measures can transform crew wellbeing

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    ReCAAP ISC

    ReCAAP ISC: Eight incidents of armed robbery 4-9 June

    ILO MLC seafarers

    ILO adopts new set of amendments to the MLC

    lessons learned

    Lessons learned: Ensure that equipment is fully cooled

    BSEE safety alert

    BSEE: Conduct thorough job safety analysis for all lifting operations

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    balanced life

    Balanced life improves mental health

    Too important to be routine: Enhancing Master and Chief Engineer performance appraisals

    Too important to be routine: Enhancing Master and Chief Engineer performance appraisals

    culture of respect

    Addressing crew shortage: Establish clear expectations for respectful and professional behaviour

    Book Review: Building leaders the MMMA way

    Book Review: How to avoid a climate disaster

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    Brazilian ports

    ICCT: Brazilian ports as renewable marine fuel bunkering hubs

    hull performance 38 vessels

    Companies sign for improved hull performance across 38 vessels

    marine pollution

    New e-learning course focuses on stopping marine pollution

    Paris agreement

    NGOs urge the inclusion of shipping in national Paris climate plans

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    Korean Registry MAPSEA

    New tripartite agreement aims to enhance data-driven operations

    digitalization

    NYK and MPA Singapore join forces for autonomous shipping

    ABS cybersecurity

    ABS: 8 key steps for cybersecurity and operational readiness

    nuclear data centres

    New study explores floating nuclear data centers to support AI

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    Paris MoU: 2024 Concentrated Inspection Campaign (CIC) on Crew Wages and SEAs

    Paris MoU: 2024 Concentrated Inspection Campaign (CIC) on Crew Wages and SEAs

    libya

    UN extends mandate on vessel inspections off Libya’s coast

    NCL Salten

    Inspection onboard NCL Salten reveals deficiencies

    India monsoon

    India: Mooring and anchoring during the Monsoon season

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    SHIPS for America Act

    US issues legislation to boost maritime operations

    tariffs

    USTR softens fee proposals for LNG and car carriers

    eu ocean

    EU adopts European Ocean Pact to protect its seas

    bv mpa singapore mou

    Renewed MoU looks at advancing maritime operations and talent

  • Columns
    seafarers

    Future ready seafarers: Beyond technical skills

    ethanol

    Ethanol makes its case in maritime decarbonisation

    crew welfare

    Proactive measures can transform crew wellbeing

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

Shell proposes simplified structure and move to UK

by The Editorial Team
November 15, 2021
in Offshore
Shell

Credit: Shell

FacebookTwitterEmailLinkedin

The Board of Royal Dutch Shell announced a proposal to simplify the company’s share structure to increase the speed and flexibility of capital and portfolio actions.

Namely, the simplification is designed to strengthen Shell’s competitiveness and accelerate both shareholder distributions and the delivery of its strategy to become a net-zero emissions business.

What is more, under the proposal, Shell intends to change its share structure to establish a single line of shares, which is simpler for investors to understand and value. The company will also align its tax residence with its country of incorporation in the UK.

RelatedNews

South Africa revives plans to establish a national shipping line

Third fatality confirmed after fire on oil platform off Angola

As informed, a conventional single share structure will allow Shell to compete more effectively. It will:

  • Allow for an acceleration in distributions by way of share buybacks, as there will be a larger single pool of ordinary shares that can be bought back. Following the start of a $2 billion buyback programme in July, Shell announced in September that it will return an additional $7 billion to shareholders following completion of the sale of its Permian assets in the United States.
  • Strengthen Shell’s ability to rise to the challenges posed by the energy transition, by managing its portfolio with greater agility.
  • Reduce risk for shareholders by simplifying and normalising Shell’s share structure in line with its competitors and most other global companies. The current complex share structure is subject to constraints and may not be sustainable in the long term.

Following the simplification, shareholders will continue to hold the same legal, ownership, voting and capital distribution rights in Shell. Shares will continue to be listed in Amsterdam, London and New York (through the American Depository Shares programme), with FTSE UK index inclusion. It is fully expected AEX index inclusion will be maintained. Shell’s corporate governance structure will remain unchanged.

Carrying the Royal designation has been a source of immense pride and honour for Shell for more than 130 years. However, the company anticipates it will no longer meet the conditions for using the designation following the proposed change.

Therefore, subject to shareholder approval of the resolution, the Board expects to change the company’s name from Royal Dutch Shell plc to Shell plc.

The simplification will normalise our share structure under the tax and legal jurisdictions of a single country and make us more competitive. As a result, Shell will be better positioned to seize opportunities and play a leading role in the energy transition. Shell’s Board unanimously recommends shareholders vote in favour of the proposed resolution.

…Sir Andrew Mackenzie concluded.

Shell proposes simplified structure and move to UKShell proposes simplified structure and move to UK
Shell proposes simplified structure and move to UKShell proposes simplified structure and move to UK
Tags: oil and gas industryShellshipping industry
Previous Post

India opens new remote operations centre

Next Post

The outcome of COP 26: What does shipping have to expect?

Related News

ocean economy
Sustainability

Sustainable ocean economy could create 51 million jobs by 2050

May 23, 2025
oil tanker
Fuels

IEA: Global oil demand growth is slowing

May 19, 2025
Szczecin Declaration
Shipping

EU ministers sign the Szczecin Declaration on maritime industrial strategy

May 19, 2025
FuelEU
Emissions

Oceanscore: Shipping industry could profit €250M from FuelEU

May 16, 2025
Paul Pathy BIMCO
Shipping

BIMCO elects Paul Pathy as President

May 15, 2025
decarbonization
Videos

Watch: Reducing shipping’s emissions remains a challenge

May 13, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Explore more

No Result
View All Result
MARITIME EVENTS

Explore

  • Safety
  • SEAFiT
  • Green
  • Smart
  • Risk
  • Others
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Content Marketing
  • Contact

© 2025 SAFETY4SEA

No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA

Manage your privacy
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Manage options
{title} {title} {title}
No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA