Backs
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Marine World
EU Backs Sanctions Package, Includes 45 Additional Russian Oil Tankers
The European Union gave preliminary backing to a 15th package of sanctions against Russia that includes an extension of an…
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Maritime News
S. Korea Upgrades Ties With Philippines, Backs Manila’s Maritime Rights
South Korea has added its weight to the Philippines' effort to defend the rule of law in the South China…
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Marine World
US Tech Titan Targets Ships: Y Combinator Backs Anti-Ship Missile Startup
In a move that could ripple through global naval strategies, Y Combinator—the California-based tech incubator behind Airbnb, Dropbox and Flexport—is…
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Marine World
Navy Secretary Backs U.S. Maritime Revitalization Plan
In the Senate Armed Service committee meeting on Thursday Secretary of the Navy Carlos Del Toro endorsed the call to…
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Port News
George Economou backs down from Genco boardroom battle
Greek shipping tycoon George Economou has backed out of his proxy fight against Genco Shipping & Trading and pulled back…
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Maritime News
Video: Royal Navy Minehunter Backs into Fleet Mate Docking in Bahrain
The UK’s Royal Navy will be dealing with an embarrassing video that is beginning to make the rounds on…
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Port News
Latsis and Costamare-backed Neptune Leasing backs Lomar dry bulk play
UK-based diversified shipowner of the Libra Group, Lomar Shipping, has raised capital with Neptune Maritime Leasing for its growing fleet…
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Port News
South Korea’s sovereign wealth fund backs Hyundai Heavy with new $900m acquisition vehicle
Korea, Inc is rallying to ensure it ensure it has global shipbuilding champions for further generations. Korea Investment Corp (KIC),…
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Marine World
Shipping Industry Backs ‘Moon-Shot’ $5 Billion Program to Accelerate Shipping’s Decarbonization
Shipping trade groups representing the vast majority of the global shipping industry are throwing their support behind a “moon-shot” proposal…
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Maritime News
Maersk Backs Plan for Green Ammonia Plant in Denmark
Shipping group Maersk said on Tuesday it was among a group of companies backing a plan to build Europe’s largest…
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