Business News
Louisiana Supply Boat Entrepreneur Abraham Ton Passes at 93
Abraham Ton, a beloved husband, father, and businessman, passed away peacefully on September 30, 2024 at the age of 93....
Read More >>American Retailers: Tariff Hikes Would Raise Prices, Reduce Import Volume
The tariffs that President-elect Donald Trump has proposed to enact on imports could raise retail costs on basics like a...
Read More >>Terminal Trouble: Is the EU Building Too Many Regasification Terminals?
When was the last time you made a great decision in the middle of a panic? In February 2022, Russia invaded Ukraine....
Read More >>Trump's Win Boosts Oil Stocks, But Offshore Wind and Ocean Freight Tumble
The decisive electoral victory of future President Donald Trump has sent energy stocks soaring, while the initial invest...
Read More >>Former Siem Offshore Sees Growth Ordering New Vessels From COSCO
The former Siem Offshore reformulated as Sea1 Offshore after the departure of founder and former chairman Kristian Siem...
Read More >>DFDS and Ekol Trade Barbs as Acquisition Unravels
DFDS' plans to acquire Turkish freight company Ekol Logistics have fallen apart in a public and acrimonious feud, wi...
Read More >>Hydrofoiling Electric Ferry Enters Service in Stockholm
Last week, Swedish startup Candela announced that its hydrofoil electric ferry Nova has begun operations. The...
Read More >>LR Awards First-of-a-Kind Antifouling Type Approval to GIT Coatings
[By Lloyd's Register] Lloyd’s Register (LR) has awarded the maritime industry’s first Enhanced Antifo...
Read More >>Maersk Highlights Strength in Volumes and Rates in Volatile Markets
Maersk reported third quarter results today emphasizing strong business performance across all its operations while high...
Read More >>Broker Hit With $380,000 Penalty for Missed Email
A shipbroker recently had to settle a negligence claim for $380,000 after failing to tell a charterer about a navigation restricti...
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