Business News

ClassNK to Evaluate Vessel Emissions for New Impact Investment Fund

Published May 14, 2021 9:05 PM by The Maritime Executive

ClassNK is working on a new form of vessel classification for an eco-friendly investment fund operated by Anchor Ship Partner...

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China's Investments Switch From Big Infrastructure to Local Business

Published May 12, 2021 6:40 PM by The Lowy Interpreter

In a virtual meeting with a group of African students in late April, US Secretary of State Antony Blinken asked a questi...

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Alfa Laval to Acquire StormGeo

Published May 10, 2021 10:21 PM by The Maritime Executive

The weather software and decision support company StormGeo announced Monday that it will be acquired by Alfa Laval, a leading supp...

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Genting Hong Kong Reaches Terms for $2.6 Billion Recapitalization

Published May 10, 2021 5:59 PM by The Maritime Executive

Genting Hong Kong, the owners of three cruise lines, German shipyards, and entertainment/leisure businesses, announced that it has...

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China's Climate Policy Has Major Implications for Trade

Published May 2, 2021 6:21 PM by The Lowy Interpreter

[By Stephen Minas] Diplomacy is not always diplomatic. This fact of international life was on full display during the rece...

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Strong Market Leads Maersk to Double Earnings Forecast

Published Apr 27, 2021 7:00 PM by The Maritime Executive

The boom in the shipping industry and the expectations for strong demand to continue through 2021 are driving the major carriers&r...

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How 100 Giant Companies Dominate the Ocean Economy

Published Apr 25, 2021 9:46 PM by China Dialogue Ocean

[By Jean-Baptiste Jouffray] Humanity has depended on the ocean for millennia. But the extent and diversity of today’s oce...

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Wilhelmsen Plans to Invest $500 Million into Renewable Energy Sector

Published Mar 25, 2021 6:31 PM by The Maritime Executive

One of Norway’s oldest maritime companies, Wilhelmsen announced that is evolving the company’s focus and corporate str...

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Nor-Shipping Launches Ocean Now

Published Mar 25, 2021 12:20 PM by The Maritime Executive

Nor-Shipping may have postponed its summer 2021 event until January 2022, but Your Arena for Ocean Solutions is still taking...

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TECO 2030 Selects Site in Narvik for Fuel Cell Gigafactory

Published Mar 11, 2021 12:53 PM by The Maritime Executive

TECO 2030 ASA (OSE-Ticker: TECO) plans to establish Norway's first large-scale production of hydrogen-based fuel cells in Narv...

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