Business News
Hapag-Lloyd Calls Q1 "Unsatisfactory" While Warning of Uncertainty
Hapag-Lloyd was the latest carrier to report dramatically lower first quarter financial results. Reporting that the company swung...
Read More >>Australian High Court Says Shipping Company Cannot Limit Liabilities
Four years after a docking accident caused the loss of two tugs and caused significant environmental damage, Australia’s High Cour...
Read More >>RMT Union Members Conduct New Strikes at Royal Fleet Auxiliary Over Pay
For the second time in two years, crews from the UK’s Royal Fleet Auxiliary are staging 24-hour strikes over pay. The National Uni...
Read More >>Dali’s Operator Responds to DOJ as $2.25B Maryland Settlement is Finalized
Synergy Marine Group, the operators of the containership Dali that destroyed the bridge in Baltimore in 2024, is responding to new...
Read More >>U.S. Indicts Operator and Supervisor of Dali on Multiple Criminal Charges
The operator of the containership Dali, which destroyed Baltimore’s Francis Scott Key Bridge in March 2024, along with one of the...
Read More >>Vroon is the Latest to Exit Livestock Export by Selling Carrier Business
Vroon Holding, which billed itself as the largest provider of premium livestock tonnage, is the latest operator to exit the segmen...
Read More >>Pretrial Hearing Sets the Stage for Dali Trial to Begin June 1
More than two years after the containership Dali hit Baltimore’s Francis Scott Key Bridge, destroying the roadway, killing six peo...
Read More >>Falling Freight Rates Drive Maersk to Q1 Loss in Shipping Segment
Maersk gave a preview of the pressures the container shipping sector experienced in the first quarter, reporting that it swung to...
Read More >>Last-Minute Offer Adds a Twist to Hapag-Lloyd's Acquisition of Zim
A competing bid is the latest twist in the saga of Hapag-Lloyd's planned takeover of Israeli shipping line Zim - even though Zim's...
Read More >>New Zealand Fines Ferry Operator for Grounding and Lack of Crew Training
New Zealand has ordered inter-island RoRo ferry operator KiwiRail to pay a fine of NZ$400,000 ($234,671) after it was found culpab...
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