Business News
Dry Bulk Takeover Battle Heats Up Between Diana and Genco
Two of the leaders in the dry bulk space, Genco Shipping & Trading and Diana Shipping, are trading public jabs in the brewing take...
Read More >>Diversified Acquires Marine Money
Diversified, the Maine-based maritime media and conference company, has purchased the shipping-finance event firm Marine Money. Th...
Read More >>China Begins Enforcing its Ban on Shipboard Starlink
China does not allow the use of Starlink internet connectivity in its waters, and prefers to route all traffic through networks th...
Read More >>Union Condemns Pace of Investigation Into P&O Ferries' 2022 Ferry Layoffs
A trade union in the United Kingdom is reawakening the ghosts of the 2022 unilateral sacking of about 800 seafarers by P&O Ferries...
Read More >>US Oil Majors Want Changes in Venezuelan Energy Laws Before Jumping In
Through a negotiated agreement between the White House and the newly-reformed government of Venezuela, the country's oil resources...
Read More >>Report: Hanwha Ocean Looks to Expand in US with Possible Second Shipbuilder
During an exclusive interview with The Wall Street Journal, an executive for Hanwha Defense said the company continues to actively...
Read More >>MSC Posts Guarantee to Release Vessel as India Pursues Compensation Claims
Eight months after the loss of the MSC Elsa 3 off the coast of India, MSC Mediterranean Shipping Company has posted a bond with th...
Read More >>Regulatory and Liability Challenges to Unlocking Nuclear Power for Maritime
2025 was a challenging year for the maritime industry’s decarbonization efforts. Reports at the beginning of the year highlighted...
Read More >>Along the U.S. Gulf Coast, Dive Contractors Predict a Busy Year
All along the newly-renamed Gulf of America, U.S. waterfront infrastructure is getting attention after decades of deferred mainten...
Read More >>Bourbon Emerges From Long Restructuring With New Private-Equity Owners
French offshore services company Bourbon has completed its financial restructuring program with the support of two new majority sh...
Read More >>