Business News
Geopolitical Turmoil Drives Improved Results and Higher Costs for Boxships
Maersk and Hapag-Lloyd both reported quarterly earnings on Thursday, August 13, and while they highlighted the turmoil in global m...
Read More >>Star Bulk Walks Away from Deal to Buy Genco Bulkers from Diana
Another piece of the proposed deal for Diana Shipping to acquire Genco Shipping & Trading has ended with Star Bulk Carriers Corp....
Read More >>Podcast: Wärtsilä's Jan Othman on Smart Planning for a Green Future
In this episode of The Maritime Executive's podcast series, In the Know, TME spoke with Jan Othman, Vice President of Project Serv...
Read More >>A Mediterranean Residence Worth Pursuing for American Families
For American families with business interests on both sides of the Atlantic, Malta can offer more than a change of address. It pro...
Read More >>War Risk Insurance Pays $11M for Loss of Mayuree Naree
The Thai shipping company Precious Shipping reports it has received a payment of $10.98 million on the war risk insurance related...
Read More >>Rhine's Record-Low Water Level Exposes WWII-Era Bomb in Cologne
As summertime drought and heat eat away at water levels on Northern Europe's rivers, industries dependent upon river transport are...
Read More >>US Treasury Deals Iranian Sanctions Buster SeaLead an Exemplary Blow
In late July, Singapore and Dubai-based SeaLead Shipping filed for voluntary liquidation. The company had long been a target of th...
Read More >>US Court Says Dali Lawsuit Against Hyundai Should Be Heard Elsewhere
Shipbuilder Hyundai Heavy Industries won a court decision on August 3 in a suit brought against it by the owners and operators of...
Read More >>Fortunes Buoyed by Hormuz Crisis, Clarksons Posts a Record First Half
Its fortunes buoyed by conflict in the Mideast, world-leading shipbroking firm Clarksons is having a spectacular year, posting its...
Read More >>UAE Resumes Cross-Gulf Trade with Iran
A little-appreciated consequence of the all-out war that broke out in the Gulf on February 28 has been the disruption to the Unite...
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