Business News
Swan Hellenic and Havila Make Progress Against Russian Sanctions
Two start-up cruise lines are reporting that they have been able to work around challenges created by the Russian sanctions. Both...
Read More >>Tanker Cover Ban May Benefit Russian Insurers - And Raise Premiums
[By Sam Beatson, Ahmed Barakat and Elham Vosughi-Kia] An EU/UK plan to ban their insurers from providi...
Read More >>Emanuele Grimaldi Takes Up the Mantle as ICS Chairman
The board of the International Chamber of Shipping (ICS), the world's largest shipowners' association, has appointed Emanu...
Read More >>Havila Wins Norwegian Court Ruling for Forced Use of Cruise Ship
Norway’s Havila Kystruten won a key decision in a Norwegian court reporting yesterday that it has taken the first steps to e...
Read More >>Relentless Export Machine: China Doubles its Trade Surplus
[By David Uren] China’s trade surplus hit an extraordinary $292 billion in the first five months of the year—more t...
Read More >>The Cost of Shanghai’s Lockdowns for European Companies
With the rest of the world returning to the pre-pandemic levels of normality, China has maintained a strict zero-COVID policy. Loc...
Read More >>LR Adds to Digital Portfolio With Acquisition of OneOcean
Lloyd's Register has reached an agreement to acquire OneOcean, a leading maker of software for shipboard operations and shipma...
Read More >>ABS Secures Contract to Evaluate SpaceX's Unmanned Droneships
Serial entrepreneur Elon Musk is known for deploying technological developments early, rapidly and independently. His carmaker Tes...
Read More >>Havila Files Legal Actions to Free Cruise Ship from Russian Sanctions
Norway’s Havila Kystruten has begun legal actions to free its cruise ship caught under the sanctions against Russia and also...
Read More >>Reinsurers Could Face $2B in Claims Over the Ever Given Grounding
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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