Business News

JPMorganChase Provides $24M to Strengthen Philadelphia’s Naval Shipbuilding

Published Jul 16, 2026 4:33 PM by The Maritime Executive

Leading U.S. investment firm JPMorganChase will provide $24 million to help strengthen Philadelphia’s shipbuilding and maritime ma...

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Diana Gives Genco Shareholders Two More Weeks on the Tender Offer

Published Jul 13, 2026 6:28 PM by The Maritime Executive

Diana Shipping is continuing its battle to acquire Genco despite having been rebuffed by Genco’s board and losing in its attempt t...

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Kongsberg Maritime Acquires Berg Propulsion

Published Jul 13, 2026 5:47 PM by The Maritime Executive

Kongsberg Maritime is moving to strengthen its offering in marine propulsion through the acquisition of Berg Propulsion. The acqui...

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EU Parliament Votes to Block Irish Alumina Plant's Sales to Russia

Published Jul 9, 2026 6:02 PM by The Maritime Executive

The European Parliament has expressed its displeasure with an ongoing, militarily-relevant trade route between Ireland and Russia....

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U.S. Imports Expected to Set New Record Ahead of Tariffs and Cost Increases

Published Jul 8, 2026 6:00 PM by The Maritime Executive

Import levels into the United States are running at record levels as U.S. retailers and manufacturers rush to get goods into the p...

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Delfin LNG Clears Legal Hurdle as Court Dismisses Environmental Claims

Published Jul 8, 2026 4:43 PM by The Maritime Executive

The U.S. Court of Appeals for the Fifth Circuit yesterday denied a petition for review in a legal challenge to the Maritime Admini...

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Fincantieri Bets Big on Subsea Services With Four Acquisitions

Published Jul 7, 2026 9:07 PM by The Maritime Executive

Fincantieri is branching out from shipbuilding with a big bet on subsea services and technology. It has announced the acquisition...

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Evergreen's Offices Raided in Investigation into Directors' Stock Trades

Published Jul 7, 2026 3:55 PM by The Maritime Executive

The offices of Evergreen Marine and related companies, as well as the homes of several directors and their families, were searched...

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Israeli Defense Ministry Comes Out Against Sale of Zim to Hapag-Lloyd

Published Jul 6, 2026 12:02 PM by The Maritime Executive

Opposition continues to mount in Israel to the agreed sale of Zim to Hapag-Lloyd and the formation of a smaller domestic shipping...

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Investment Firm KKR Sells Ocean Yield to A.P. Moller Holding

Published Jul 2, 2026 5:38 PM by The Maritime Executive

The investment arm of the Maersk family, A.P. Moller Holding, is expanding its large portfolio of maritime investments, reporting...

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