Business News
Maersk Highlights Strength in Volumes and Rates in Volatile Markets
Maersk reported third quarter results today emphasizing strong business performance across all its operations while high...
Read More >>LR Awards First-of-a-Kind Antifouling Type Approval to GIT Coatings
[By Lloyd's Register] Lloyd’s Register (LR) has awarded the maritime industry’s first Enhanced Antifo...
Read More >>Broker Hit With $380,000 Penalty for Missed Email
A shipbroker recently had to settle a negligence claim for $380,000 after failing to tell a charterer about a navigation restricti...
Read More >>Real Time Monitoring Unlocks Immediate Savings for Shipowners
The pressure to meet decarbonization targets has never been higher for the shipping industry, which accounts for about 3...
Read More >>Navigating the Next Storm: How Maritime Could Respond to the Next Pandemic
The COVID-19 pandemic revealed just how vulnerable the global maritime industry can be in the face of a contagious outbr...
Read More >>Mitsubishi Develops AI System to Track "Dark Fleet" From Space
Maritime security analysts have plenty of work keeping up with ships that attempt to evade detection - enough work that...
Read More >>Hapag and Maersk Raise Outlook for 2024 as Volatile Market Fuels Profits
Despite increases in operating costs due to the Red Sea diversions, disruptions due to port strikes in the U.S., Canada,...
Read More >>Digital Valve Management Can Save on Drydocking Costs
W&O Supply, the global leader in marine valve supply, outlines how using digital technology hand-in-hand with techni...
Read More >>Navigating Complexity: How Maritime Leaders Gain a Decision Advantage
In this interview, Kevin Baxter, Veson Nautical’s new communications lead, speaks to President and COO Sean Riley...
Read More >>As Boxship Owners Hunt for Yard Slots, One Sues to Get Out of 10-Ship Deal
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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