Business News

Swan Hellenic and Havila Make Progress Against Russian Sanctions 

Published Jun 27, 2022 3:36 PM by The Maritime Executive

Two start-up cruise lines are reporting that they have been able to work around challenges created by the Russian sanctions. Both...

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Tanker Cover Ban May Benefit Russian Insurers - And Raise Premiums

Published Jun 26, 2022 7:02 PM by The Conversation

[By Sam Beatson, Ahmed Barakat and Elham Vosughi-Kia] An EU/UK plan to ban their insurers from providi...

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Emanuele Grimaldi Takes Up the Mantle as ICS Chairman

Published Jun 23, 2022 9:49 PM by The Maritime Executive

The board of the International Chamber of Shipping (ICS), the world's largest shipowners' association, has appointed Emanu...

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Havila Wins Norwegian Court Ruling for Forced Use of Cruise Ship

Published Jun 22, 2022 5:13 PM by The Maritime Executive

Norway’s Havila Kystruten won a key decision in a Norwegian court reporting yesterday that it has taken the first steps to e...

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Relentless Export Machine: China Doubles its Trade Surplus

Published Jun 22, 2022 2:51 PM by The Strategist

[By David Uren] China’s trade surplus hit an extraordinary $292 billion in the first five months of the year—more t...

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The Cost of Shanghai’s Lockdowns for European Companies

Published Jun 22, 2022 12:23 PM by The Maritime Executive

With the rest of the world returning to the pre-pandemic levels of normality, China has maintained a strict zero-COVID policy. Loc...

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LR Adds to Digital Portfolio With Acquisition of OneOcean

Published Jun 20, 2022 11:19 PM by The Maritime Executive

Lloyd's Register has reached an agreement to acquire OneOcean, a leading maker of software for shipboard operations and shipma...

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ABS Secures Contract to Evaluate SpaceX's Unmanned Droneships

Published Jun 19, 2022 10:59 PM by The Maritime Executive

Serial entrepreneur Elon Musk is known for deploying technological developments early, rapidly and independently. His carmaker Tes...

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Havila Files Legal Actions to Free Cruise Ship from Russian Sanctions

Published Jun 16, 2022 3:01 PM by The Maritime Executive

Norway’s Havila Kystruten has begun legal actions to free its cruise ship caught under the sanctions against Russia and also...

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Reinsurers Could Face $2B in Claims Over the Ever Given Grounding

Published Jun 15, 2022 11:53 PM by The Maritime Executive

Claims related to the infamous grounding of the boxship Ever Given last year could amount to a staggering $2 billion, according to...

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