Business News

Ritz-Carlton Yachts Refinanced as Brand Works to Build Ultra-Luxury Segment

Published Jun 2, 2026 1:44 PM by The Maritime Executive

The Ritz-Carlton Yacht Collection, which entered service in 2020, promising to reinvent ultra-luxury travel, has reportedly had to...

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Six Estonian Maritime Companies Solving Retrofit and Port Challenges

Published Jun 2, 2026 11:28 AM by Trade Estonia

As the maritime industry faces growing pressure to modernize fleets, improve energy performance, and prepare for tighter sustainab...

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Dali Civil Trial Delayed to Consider Legal Issue After Most Claims Settle

Published Jun 1, 2026 3:07 PM by The Maritime Executive

The U.S. federal district court judge scheduled to hear opening arguments in the civil trial related to the containership Dali exp...

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The Hidden Clause Contradictions Driving Demurrage Claims

Published May 31, 2026 11:59 PM by Janani Yagnamurthy

A bulk carrier arrives at Paranagua on a Saturday morning at 08:00 local time. Sugar cargo, clean fixture, terms agreed weeks earl...

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Victims’ Families Settle on the Eve of the Dali Civil Trial

Published May 29, 2026 5:44 PM by The Maritime Executive

With the civil trial due to start on Monday, June 1, additional settlements were reached with the families of those killed when th...

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Report: Israel’s Economy and Agricultural Ministers Oppose Zim Acquisition

Published May 28, 2026 5:47 PM by The Maritime Executive

Media reports from Israel report mounting opposition to the approval of the sale of Zim to Hapag-Lloyd. Calcalist, which was the f...

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UK Permits Liabilities Limitation in Solong-Stena Immaculate 2025 Allision

Published May 27, 2026 7:40 PM by The Maritime Executive

The UK Admiralty Court handed down a decision last week after hearing arguments from the owners and operators of the containership...

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Battle of Bulkers Continues as Diana Increases Offer for Genco

Published May 27, 2026 6:02 PM by The Maritime Executive

The battle between two leading dry bulk operators heated up as Diana Shipping looked to further increase the pressure on Genco Shi...

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MSC Settles Out of Court Over 2024 Runaway Ship Incident in Charleston

Published May 26, 2026 6:09 PM by The Maritime Executive

A filing with the U.S. District Court in South Carolina last week confirmed a settlement has been reached in a suit pending relate...

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Seafarers Begin Strike Against Three Ships Owned by Iceland’s Eimskip

Published May 26, 2026 2:30 PM by The Maritime Executive

The bosuns and able seamen represented by the Icelandic Seamen’s Union (SI) followed through on their earlier threat and began a s...

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