Business News

US Investors Top Hanwha’s Bid for Austal USA

Published Sep 9, 2026 2:14 PM by The Maritime Executive

The stage is being set for a potential bidding war for the U.S. operations of Austal as an American investment firm stepped out of...

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Russia’s Arctic LNG 2 Files $1B Arbitration Claim for Canceled DSME Tankers

Published Sep 8, 2026 7:10 PM by The Maritime Executive

Disputes continue to mount related to the project for South Korean shipbuilders to build Russian LNG tankers supporting Russia’s A...

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HMM Continues Diversification with $3.5B Ore Deal with Vale

Published Sep 8, 2026 6:54 PM by The Maritime Executive

HMM is continuing its efforts to diversify its shipping operations, with a focus on growing its bulk shipping segment to provide m...

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Samsung Files $186M Claim Against CMA CGM Over "Unlawful" Charges

Published Sep 7, 2026 9:14 PM by The Maritime Executive

Consumer goods giant Samsung Electronics has filed a $186 million claim against CMA CGM over allegedly excessive charges during th...

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Potential U.S. Bidder Emerges to Challenge Hanwha for Austal USA

Published Sep 7, 2026 2:42 PM by The Maritime Executive

Australia-based Austal confirmed in a brief stock exchange statement on Monday, September 7, that it has had initial, preliminary...

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Hapag-Lloyd Gets Extension to Address Concerns and Rework Bid for Zim

Published Sep 7, 2026 12:17 PM by The Maritime Executive

Hapag-Lloyd has received a 30-day extension from the Israeli authorities to rework its proposed acquisition of Zim, with a new pro...

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Ill Wind or Tailwind? AI is Sweeping the Maritime World

Published Sep 4, 2026 8:20 PM by Pat Zeitler

The winds of the digital age and artificial intelligence seem like a tempest for the marine industry. For those who are prepared a...

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Container Fleet Smashes 34M TEU Record as Fleet Growth Accelerates

Published Sep 3, 2026 4:34 PM by The Maritime Executive

Growth in the container segment of the shipping industry has been making headlines for a long time, but it just smashed through a...

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Your Papers, Please - The Shadow Fleet Comes Out of Hiding

Published Sep 2, 2026 8:24 PM by Erik Kravets

What about the Phoenix? Or should I call her the Pacific Apollo, Virgo Sun, P. Fos, Odysseus, Varuna, Kiwala, Pushpa or Boracay? S...

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Illnesses Are Causing More Seafarer Fatalities Than Accidents Says P&I Club

Published Sep 2, 2026 8:14 PM by The Maritime Executive

A new report analyzing the cause of seafarers' fatalities highlights that illness, and specifically cardiovascular disease, is cit...

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