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Marine World
Equinor, Ørsted Weigh Next Steps Weigh Next Steps After Trump Pause on Offshore Wind Project
Equinor ASA and Orsted A/S said they are engaging with US authorities over security concerns tied to their offshore wind…
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Marine World
G7, EU Weigh Full Ban on Maritime Services for Russian Oil
The Group of Seven countries and the European Union are in talks to replace a price cap on Russian oil exports with…
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Marine World
Major Maritime Mutuals Weigh Merger That Could Reshape Shipping’s Insurance Industry
Two of the world’s most established mutual insurance providers serving the global shipping and logistics industries announced today they are…
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Marine World
Hapag-Lloyd Delivers Solid Q3 as Gemini Costs Weigh on Earnings
Hapag-Lloyd AG delivered solid third-quarter results despite navigating volatile freight rates and a challenging geopolitical landscape, with the German shipping…
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Marine World
Muted Peak Season Hopes as Tariffs, Overcapacity Weigh on Ocean Carriers
On the ocean freight rates front, it was more of the same this week; a slowdown in the speed of…
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Marine World
CK Hutchison Ports Deal Deadline Likely to be Extended as US-China Tensions Weigh
CK Hutchison’s plan to sell most of its $22.8 billion ports business is unlikely to be finalized anytime soon, with political brinkmanship…
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Port News
MISC and Bumi Armada weigh up offshore merger
Malaysia’s top shipping line, MISC, has moved to combine its offshore business with fellow floating production storage and offloading (FPSO)…
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Marine World
Mixed Bag for Shipping Stocks as Investors Weigh Trump Win
U.S.-listed shipping stocks were a mixed bag on Wednesday following President Donald Trump’s re-election as investors responded to anticipated policy…
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Marine World
Expeditors Second-Quarter Profit Falls as Red Sea Tensions Weigh
Aug 6 (Reuters) – Logistics provider Expeditors International of Washington reported a lower second-quarter profit on Tuesday, after weak demand and political tensions in the Red Sea weighed on its ocean…
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Port News
Industry heavyweights weigh in on Red Sea security solutions for shipping
Arsenio Dominguez, the new secretary-general of the International Maritime Organization (IMO), has called for a “multi-faceted” solution to the ongoing…
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