Business News

Maersk Highlights Strength in Volumes and Rates in Volatile Markets

Published Oct 31, 2024 5:07 PM by The Maritime Executive

  Maersk reported third quarter results today emphasizing strong business performance across all its operations while high...

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LR Awards First-of-a-Kind Antifouling Type Approval to GIT Coatings

Published Oct 31, 2024 5:06 PM by The Maritime Executive

  [By Lloyd's Register] Lloyd’s Register (LR) has awarded the maritime industry’s first Enhanced Antifo...

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Broker Hit With $380,000 Penalty for Missed Email

Published Oct 30, 2024 11:49 PM by The Maritime Executive

A shipbroker recently had to settle a negligence claim for $380,000 after failing to tell a charterer about a navigation restricti...

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Real Time Monitoring Unlocks Immediate Savings for Shipowners

Published Oct 29, 2024 8:15 PM by Cyanergy

  The pressure to meet decarbonization targets has never been higher for the shipping industry, which accounts for about 3...

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Navigating the Next Storm: How Maritime Could Respond to the Next Pandemic

Published Oct 29, 2024 12:08 PM by Dr. Arthur L. Diskin

  The COVID-19 pandemic revealed just how vulnerable the global maritime industry can be in the face of a contagious outbr...

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Mitsubishi Develops AI System to Track "Dark Fleet" From Space

Published Oct 28, 2024 9:57 PM by The Maritime Executive

  Maritime security analysts have plenty of work keeping up with ships that attempt to evade detection - enough work that...

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Hapag and Maersk Raise Outlook for 2024 as Volatile Market Fuels Profits

Published Oct 25, 2024 9:12 AM by The Maritime Executive

  Despite increases in operating costs due to the Red Sea diversions, disruptions due to port strikes in the U.S., Canada,...

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Digital Valve Management Can Save on Drydocking Costs

Published Oct 24, 2024 12:19 PM by Ben Scheffer

  W&O Supply, the global leader in marine valve supply, outlines how using digital technology hand-in-hand with techni...

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Navigating Complexity: How Maritime Leaders Gain a Decision Advantage

Published Oct 24, 2024 12:18 PM by Kevin Baxter, Veson Nautical

  In this interview, Kevin Baxter, Veson Nautical’s new communications lead, speaks to President and COO Sean Riley...

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As Boxship Owners Hunt for Yard Slots, One Sues to Get Out of 10-Ship Deal

Published Oct 23, 2024 7:40 PM by The Maritime Executive

Shipowners have been scrambling to place orders for new boxships in China, but one owner wants compensation after exiting a billio...

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