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Marine World
Oil Tanker Rates Top $1 Million a Day as Hormuz War Squeezes Fleet
The cost of hiring an oil tanker on the industry’s benchmark trade route topped $1 million a day for the…
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Maritime News
US Investors Top Hanwha’s Bid for Austal USA
The stage is being set for a potential bidding war for the U.S. operations of Austal as an American investment…
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Marine World
War Risk Claims Top $2 Billion as Shipping Attacks Spread Beyond Hormuz
By Lori-Ann LaRocco – The payout to vessel owners damaged in the Iran War is the second-biggest payout for marine…
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Maritime News
By the Numbers: Container Fleet Capacity to Top 34 Million TEU
‘When the world’s shipyards deliver just a few more container ships, the global fleet capacity will for the first time…
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Maritime News
Top Court Ends Shell’s South African Wild Coast Offshore Lease
Last Friday, oil major Shell lost a long-running court battle over its offshore oil and gas exploration plans for a…
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Maritime News
Top Container Lines Lean Towards Ownership Over Chartering
At the outset of the pandemic, ocean carriers chartered-in the majority of their tonnage, giving them the flexibility to grow…
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Marine World
U.S. Polar Security Cutter Delayed to 2033 as Costs Top $6 Billion, GAO Warns
The U.S. Coast Guard’s troubled Polar Security Cutter program faces further delays with a new government watchdog report projecting delivery…
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Maritime News
Shanghai Climbs to Second Place in Latest Xinhua-Baltic International Shipping Centre Index as Singapore Retains Top Spot
Shanghai has officially become the world’s second-most prominent shipping hub, according to the 2026 rankings in the Xinhua-Baltic International Shipp……
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Marine World
Geopolitical Instability Remains Shipping’s Top Concern for Fourth Straight Year
The global shipping industry continues to view geopolitical instability as its greatest business risk, according to the International Chamber of…
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Marine World
Seacor Marine’s Top Investor Pushes Board to Sell Fleet Operator
The largest shareholder of Seacor Marine Holdings Inc. said the offshore energy services company needs to sell itself, according to…
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