Business News
Why 81% of Maritime Companies Are Piloting AI, Only 11% Are Ready to Scale
AI is now a boardroom priority in maritime, but ambition hasn’t yet turned into readiness. New industry research reveals a s...
Read More >>Report: New Zealand Insurer Linked to Iranian Dark Fleet Tankers
A New Zealand insurer is under investigation for providing insurance for Iranian dark fleet tankers Reuters reveals in a...
Read More >>MSC Required to Divest of Ferry Operator Moby by Antitrust Regulators
In a rare setback for the Mediterranean Shipping group and the Aponte family, the company is being forced to divest its investme...
Read More >>Harvey Gulf Sells MPSV Fleet to Otto Candies to Focus on PSVs
Otto Candies, a Louisiana-based maritime transport and support services company, announced that it has acquired the MPSC fleet f...
Read More >>Op-Ed: It's Time for American Maritime to Tell Its Story With Conviction
The following is an excerpt from longtime PR executive Ben Pinnington's new book, "Making Waves: PR Strategies...
Read More >>Maersk Offshore Wind Invokes Arbitration in WTIV Dispute with Seatrium
The dispute over the nearly completed construction of an innovative wind turbine installation vessel is heading to arbit...
Read More >>Companies Change Stockholding and Board Members to Avoid China’s Port Fees
There had been reports that companies were considering restructuring steps in the face of the uncertainties created by the speci...
Read More >>Sanctions Scuttle Lucrative Drilling Contract
Dubai-based offshore drilling contractor Vantage Drilling is reporting that changes in the sanction programs have forced the can...
Read More >>Famed Investment Firm KKR Makes $500M Bet on Container Leasing
The well-known and respected investment firm KKR announced it is committing $500 million to the launch of a new global m...
Read More >>HMM Splashes $2.8B on Containership and VLCC Order in Growth Strategy
South Korea’s largest shipping company, HMM, is pushing forward with its growth strategy, reporting today, October 16, tha...
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