Business News
CMB.TECH Completes Merger of Golden Ocean, Creating 250 Ship Fleet
After the shareholders of Golden Ocean Group officially ratified the proposed merger, CMB.TECH completed the merger, ass...
Read More >>CMA CGM Takes First Delivery of Containers Made in Vietnam
CMA CGM highlighted today, August 19, that it took delivery of 1,000 twenty-foot containers manufactured in Vietnam. It was the...
Read More >>Data Sector Consolidation for Shippers as Xeneta Buys eeSea
The consolidation of the maritime data sector is continuing with freight and data logistics company Xeneta buying maritime and s...
Read More >>Fincantieri Sues Citing $100M in Damages from Fraudulent Fire Insulation
Italian shipbuilder Fincantieri is suing the manufacturer of fire insulation panels it used in the construction of three...
Read More >>First Chinese Boxship of 2025 Arrives in Arkhangelsk via the Arctic Route
As the Northern Sea Route (NSR) becomes busy for this year’s summer navigation, the first Chinese boxship has arri...
Read More >>X-Press Feeders Appeals for Rational Decision on 2021 Casualty Compensation
X-Press Feeders, the operator of the containership X-Press Pearl, lost off Sri Lanka after a container fire in 2021, has issued...
Read More >>Report: HMM Looks to Accelerate Diversification into Bulkers
South Korean carrier HMM is reportedly looking to accelerate its diversification into dry bulk carriers in response to t...
Read More >>Karpowership Keeps Expansion Going in New Partnership With Seatrium
Karpowership, the Turkish operator of floating powerplants, is continuing its expansion program with an agreement with S...
Read More >>Hapag-Lloyd Cites Changes in Trade Policies in Reporting Lower Profits
The container shipping industry’s fifth-largest carrier, Hapag-Lloyd, called its first half of the year results &l...
Read More >>The Forced Uyghur Labor Behind China's Fish Exports
On a cloudy morning in April 2023, more than eighty men and women, dressed in matching red windbreakers, stood in orderl...
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