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Maritime News
EU Sanctions Russian Shipbuilding Sector, From Top Yards to Small Suppliers
The European Union has released its largest-ever sanctions package on Russian defense-industry companies, a counterpoint to the Trump administration’s… maritime-executive
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Maritime News
EU’s Top Diplomat Calls for Bigger Naval Force in the Red Sea
EU foreign policy chief Kaja Kallas has called for a substantial increase in the European commitment to maritime security patrols…
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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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