Business News
Shaping Class for the Future
This has been a significant year for ClassNK and for Hayato Suga, who stepped up to the role of President & CEO in March. Drawing...
Read More >>From Digitalization to Automation: 2026 Will Redefine Maritime Operations
This year has marked a major leap forward in maritime digitalization, driven by rapid advances in AI and a surge in tools supporti...
Read More >>Report: “Intractable Impasse” in Hutchison-BlackRock-MCS Deal Due to China
A new report indicates that with negotiations dragging on for months, the sale of Hutchison’s international terminal operations to...
Read More >>Drew Marine Insights Tour: Connecting Expertise with Shipboard Challenges
In an era of digital communication and AI, real relationships with real people still drive real progress. In maritime, practical k...
Read More >>ABB DP2 Functionality Shows Improvement In Vessel Control During Sea Trials
[By: ABB] ABB has verified a major advancement in vessel Dynamic Positioning (DP) technology, following successful Failure Mode an...
Read More >>Hanwha Gets Nods from Australia to Increase Investment in Austal
Australia’s Treasurer Jim Chalmers said that the government has decided to let South Korea’s Hanwha Group increase its investment...
Read More >>NYK and Mitsui OSK to Settle Long-Running UK Pricing Fixing Allegations
Two of Japan’s leading shipping companies and operators of car carriers have agreed to settle a long-running case in the UK that a...
Read More >>Italian Court Sides with Grimaldi and Suspends Sale of Moby Ferries to MSC
An Italian administrative court issues a temporary suspension of the pending sale of five ferries from Moby Lines to MSC’s SAS div...
Read More >>DP World to Consolidate ID Ending P&O and Unifeeder Brands
DP World reports it will unify its global operations in an effort to elevate its image as an integrated global logistics provider....
Read More >>China's Trade Surplus Blows Past $1 Trillion
In the first half of 2025, the Trump administration made an unprecedented effort to shake loose China's grip on the American impor...
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