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Maritime News
British Marine Insurer Beazley Purchased by Zurich for $11 Billion
British insurer Beazley has been purchased by Swiss insurance conglomerate Zurich for $10.8 billion, a small boost over an earlier…
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Maritime News
Bahri Delivers Record $2.4 Billion Net Profit, $10.3 Billion Revenue in 2025
Bahri delivered Q4 2025 revenue of $3.26 billion, representing a 47% year-on-year increase and 33% quarter-on-quarter growth, supported by stronger…
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Marine World
Coast Guard Still Short on People and Ships Despite $25 Billion Funding Surge
Despite receiving nearly $25 billion in supplemental funding—the largest investment in its history—the U.S. Coast Guard continues to face critical…
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Maritime News
China’s Sprawling Ningbo-Zhoushan Port Sets New Record of 1.4 Billion Tons
The massive port complex in China’s central region is reporting a new record, claiming to be the first port worldwide…
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Maritime News
Missing $8 Billion in Shadow-Fleet Oil Revenue Primes Iran for Revolt
Early readers of the Maritime Executive magazine’s Nov/Dec edition will have been pre-warned about Iran’s Velayat-e Faqih regime being on…
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Marine World
India’s $5.4 Billion Shipbuilding Gambit Takes Aim at China—and Rattles the West
India just threw down $5.4 billion to crash the global shipbuilding party. For Western yards already struggling against Asian dominance,…
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Marine World
Panama Canal Delivers Nearly $3 Billion to Treasury After Drought Recovery
Strong traffic growth and recovered water levels lifted FY 2025 revenue to $5.7 billion after 2024 drought disruptions. The Panama…
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Marine World
HD Hyundai Confirms $1.5 Billion Containership Order in Largest Deal Since 2007 Boom
South Korean shipbuilding giant HD Hyundai has secured a 2.13 trillion won ($1.5 billion) contract to build eight dual-fuel containerships…
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Marine World
MSC Cruises Commits €3.5 Billion to French Shipbuilding with Two New World Class Ships
MSC Cruises and Chantiers de l’Atlantique announced orders for two additional World Class cruise ships on Wednesday during a ceremony…
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Marine World
Apollo Agrees to Invest $6.5 Billion in Orsted Wind Farm
Funds managed by Apollo Global Management Inc. agreed to invest $6.5 billion in Orsted A/S’s Hornsea 3, the UK offshore…
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