Business News

CMB.TECH Completes Merger of Golden Ocean, Creating 250 Ship Fleet

Published Aug 20, 2025 6:10 PM by The Maritime Executive

  After the shareholders of Golden Ocean Group officially ratified the proposed merger, CMB.TECH completed the merger, ass...

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CMA CGM Takes First Delivery of Containers Made in Vietnam

Published Aug 19, 2025 5:46 PM by The Maritime Executive

CMA CGM highlighted today, August 19, that it took delivery of 1,000 twenty-foot containers manufactured in Vietnam. It was the...

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Data Sector Consolidation for Shippers as Xeneta Buys eeSea

Published Aug 18, 2025 6:05 PM by The Maritime Executive

The consolidation of the maritime data sector is continuing with freight and data logistics company Xeneta buying maritime and s...

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Fincantieri Sues Citing $100M in Damages from Fraudulent Fire Insulation

Published Aug 18, 2025 2:40 PM by The Maritime Executive

  Italian shipbuilder Fincantieri is suing the manufacturer of fire insulation panels it used in the construction of three...

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First Chinese Boxship of 2025 Arrives in Arkhangelsk via the Arctic Route

Published Aug 17, 2025 2:36 PM by The Maritime Executive

  As the Northern Sea Route (NSR) becomes busy for this year’s summer navigation, the first Chinese boxship has arri...

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X-Press Feeders Appeals for Rational Decision on 2021 Casualty Compensation

Published Aug 15, 2025 1:53 PM by The Maritime Executive

X-Press Feeders, the operator of the containership X-Press Pearl, lost off Sri Lanka after a container fire in 2021, has issued...

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Report: HMM Looks to Accelerate Diversification into Bulkers

Published Aug 14, 2025 6:05 PM by The Maritime Executive

  South Korean carrier HMM is reportedly looking to accelerate its diversification into dry bulk carriers in response to t...

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Karpowership Keeps Expansion Going in New Partnership With Seatrium

Published Aug 14, 2025 5:07 PM by The Maritime Executive

  Karpowership, the Turkish operator of floating powerplants, is continuing its expansion program with an agreement with S...

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Hapag-Lloyd Cites Changes in Trade Policies in Reporting Lower Profits

Published Aug 14, 2025 3:19 PM by The Maritime Executive

  The container shipping industry’s fifth-largest carrier, Hapag-Lloyd, called its first half of the year results &l...

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The Forced Uyghur Labor Behind China's Fish Exports

Published Aug 11, 2025 9:31 PM by Marcella Boehler

  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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