Business News
Gianluigi Aponte Transfers World's Largest Container Line to His Children
Gianluigi Aponte, the founder and chairman of number-one container line MSC, has transferred the ownership of his company over to...
Read More >>Net Zero by 2050? This Decade's Fuel Choices Will Decide
Green-hydrogen based synthetic fuels are stalled by a coordination problem across industries. Pooling demand and investment across...
Read More >>Maryland Reaches Settlement in Principle with Owner/Operator of Dali
The State of Maryland announced that it has reached a settlement in principle with the owners and operators of the containership D...
Read More >>Largest Ship Repair Yard in East Africa Inaugurated in Djibouti
Officials in Djibouti officially inaugurated the Djibouti Ship Repair Yard on April 4, marking what they called a milestone in the...
Read More >>On-Demand Manufacturing: A New Direction for Marine & Energy Parts Sourcing
For decades, global supply chains operated with predictable lead times and stable delivery expectations. End users ordered parts f...
Read More >>Insurer Pays Out $350M to Dali’s Owner/Operator Before Trial Starts
The insurance company that underwrote the coverage for Maryland on the Francis Scott Key Bridge in Baltimore reported to the court...
Read More >>MARAD Increases Funding for Grants for Small Shipyards
The Maritime Administration (MARAD) reported that it is increasing the funding pool available for the 2026 grants in the Small Shi...
Read More >>MOL and Hitachi to Study Converting Old Ships to Floating Data Centers
Japan’s Mitsui O.S.K. Lines and Hitachi plan to explore the use of old ships as a means of meeting the strong demand and technical...
Read More >>Cyber Risk in Shipping: From Technical Threat to Business Reality
Cybersecurity in shipping is still too often framed as a technical issue, something for IT teams to manage in the background. From...
Read More >>Norwegian Cruise Line Holdings and Activist Investor Agree to Board Change
Norwegian Cruise Line Holdings, the public parent company of the cruise lines, has reached a “cooperation agreement” with activist...
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