Business News

HD Hyundai to Buy Goltens to Expand Aftermarket Maintenance Market

Published Oct 8, 2026 7:55 PM by The Maritime Executive

Goltens Worldwide, long recognized as a leader in planning and performance maintenance and repair work, has agreed to be acquired...

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Germany Blocks COSCO’s Acquisition of Domestic Freight Company

Published Oct 7, 2026 5:10 PM by The Maritime Executive

Germany’s federal government made official the decision to block the acquisition of a domestic freight forwarder and logistics com...

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FMC Threatens COSCO with Large Civil Penalty for Delayed Payment

Published Oct 6, 2026 7:01 PM by The Maritime Executive

The Federal Maritime Commission filed a Show Cause order at the end of last week against the Chinese-flagged carrier COSCO, which...

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Op-Ed: Europe's Shipping Future Depends on Stronger Ship Management

Published Oct 4, 2026 9:43 PM by Andreas Hadjipetrou

The role of the ship manager is expanding at a time when owners are applying increased pressure on management fees. That tension s...

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Poten: Sky-High Tanker Rates are Driving Refiners' Oil Buying Decisions

Published Oct 4, 2026 2:38 PM by Erik Broekhuizen / Poten & Partners

A review of Poten's Daily Market Report, which monitors spot freight rates on many of the key tanker trade routes, shows eyewateri...

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Op-Ed: People Are the Powerbase of the Shipping Business

Published Oct 1, 2026 9:55 PM by Elpi Petraki

Decarbonisation, digitalisation, shifting patterns of global trade and an increasing level of influence from Asia are continuing t...

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Pakistan Explores Buying or Chartering Boxship Due to Shipping Challenges

Published Oct 1, 2026 9:22 PM by The Maritime Executive

The government of Pakistan has agreed to work with the country’s manufacturers and shippers to explore obtaining a dedicated conta...

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Go Ahead Given for Canada LNG to Double Capacity

Published Sep 30, 2026 7:17 PM by The Maritime Executive

Canada LNG, the country’s first LNG export operation, reports that, along with its investment partners, the decision has been made...

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Carnival Outperforms in Q3 While Providing a Strong Outlook for Cruising

Published Sep 29, 2026 9:34 PM by The Maritime Executive

Demonstrating the strength in the cruise industry and its ability to navigate global challenges, Carnival Corporation reported qua...

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Report: Israel Ends Zim Deal Review Telling Hapag-Lloyd to Restart Process

Published Sep 29, 2026 3:56 PM by The Maritime Executive

After growing speculation that opposition was mounting in Israel to Hapag-Lloyd’s proposed acquisition of Zim along with the inves...

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