Blog
Tanker Rate Surge Pushes U.S. to Asia Crude Shipping Costs Above 29 Million
The cost of shipping crude oil from the United States to Asia has surged to an unprecedented level as tanker freight markets tighten sh...
U.S. Trade Court Clears Path for Import Tariff Refunds
A recent ruling from the U.S. Court of International Trade could allow American importers to recover billions of dollars in duties coll...
Edda Wind Evaluates Sale of Offshore Wind Vessel Fleet
Company Considers Strategic Fleet Divestment
Norway based offshore wind vessel owner Edda Wind is exploring the sale of its offshore w...
Qatar Declares Force Majeure on LNG Exports as Iran Conflict Disrupts Shipping
Qatar has declared force majeure on liquefied natural gas exports after conflict involving Iran disrupted maritime traffic through the ...
EU Launches Maritime Strategy to Revive Shipbuilding and Strengthen Port Security
The European Union has introduced a sweeping maritime industrial strategy aimed at revitalizing shipbuilding, strengthening port securi...
Drone Strike Forces Shutdown at Qatar’s Ras Laffan LNG Megahub
A drone strike linked to Iran has forced a shutdown at Qatar’s Ras Laffan LNG export complex. The attack sent immediate shockwaves thro...
Viking Expands Cruise Ship Orderbook With New Expedition and Ocean Vessels Through 2034
Luxury cruise operator Viking is extending its long term fleet expansion with new shipbuilding orders that push deliveries into the nex...
ZIM Launches Sea Transport to Return Stranded Israelis
ZIM Integrated Shipping Services has joined Israel’s emergency effort to bring citizens home after the conflict disrupted regional air ...
MSC and BlackRock Move to Finalize Acquisition of Hutchison Global Port Assets
MSC Mediterranean Shipping Company and investment giant BlackRock are pushing to complete a major acquisition of CK Hutchison’s interna...
Belgium Fines Sanctioned Tanker €10M and Detains Vessel Over Safety Violations
Belgian authorities have fined the tanker Ethera €10.02 million and detained the vessel in Zeebrugge after inspectors uncovered serious...