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Seatrium Sells its Texas Shipyard to Karpowership

Seatrium Sells its Texas Shipyard to Karpowership

  Seatrium, the recently-merged combination of Singaporean rivals Keppel and Sembcorp Marine, has sold its American yard in Brownsville, Texas. The AmFELS facility, best known for building the offs...

Why is the World's Biggest Inland Sea Shrinking?

Why is the World's Biggest Inland Sea Shrinking?

  [By Simon Goodman] Once a haven for flamingos, sturgeon and thousands of seals, fast-receding waters are turning the northern coast of the Caspian Sea into barren stretches of dry sand. In som...

Container Rates Plummet on China-U.S. Routes

Container Rates Plummet on China-U.S. Routes

  International container rates have plummeted over the past few weeks, pulled down by cooling economic signals in the West and the onset of the Golden Week holiday in China. The core Shanghai-U...

Maritime Revival?

Maritime Revival?

  In February, a draft executive order was leaked that outlined a plan for the government to address the Navy and commercial shipbuilding problems as well as the inadequate supply of U.S. mariners....

King Charles Commissions New Royal Navy Attack Sub

King Charles Commissions New Royal Navy Attack Sub

  After 12 years of construction, the Royal Navy is celebrating the commissioning of another of its most advanced hunter-killer submarines, this time with a royal welcome.  The HMS Agamemnon (S1...

X-Press Feeders Declines to Pay Sri Lankan Court Judgment

X-Press Feeders Declines to Pay Sri Lankan Court Judgment

  X-Press Feeders has declined to pay an initial judgment ordered by the Supreme Court of Sri Lanka for damages from the loss of the XPress Pearl, which burned and sank off Colombo with disastrous...

China's Victory Day Parade: A Tale of Two Audiences

China's Victory Day Parade: A Tale of Two Audiences

  The twin messages from the spectacle that unfolded in Tiananmen Square on September 3 could not be missed. China’s military parade, watched over by Xi Jinping as he stood shoulder-to-shoulder wit...

Gallagher & Vanguard Tech to Support Clients with Maritime Risk & Security

Gallagher & Vanguard Tech to Support Clients with Maritime Risk & Security

[By: Gallagher] Gallagher has agreed a partnership with Vanguard Tech, a maritime insurance tech specialist. Through the agreement, Vanguard Tech will act as an appointed representative for Gallagh...

Direct Travel Acquires ATPI

Direct Travel Acquires ATPI

[By: ATPI Marine Travel] Direct Travel, Inc., a leader in corporate travel management, has announced the acquisition of its long-time strategic partner, ATPI, creating one of the world’s largest tr...

Tallvine Partners Launches North America Marine Infrastructure Platform

Tallvine Partners Launches North America Marine Infrastructure Platform

[By: Tallvine Partners] Tallvine Partners (“Tallvine”), an independent investment advisor focused on value-add middle-market infrastructure opportunities, today announced the acquisition of Donjon...