Business News
Ritz-Carlton Yachts Refinanced as Brand Works to Build Ultra-Luxury Segment
The Ritz-Carlton Yacht Collection, which entered service in 2020, promising to reinvent ultra-luxury travel, has reportedly had to...
Read More >>Six Estonian Maritime Companies Solving Retrofit and Port Challenges
As the maritime industry faces growing pressure to modernize fleets, improve energy performance, and prepare for tighter sustainab...
Read More >>Dali Civil Trial Delayed to Consider Legal Issue After Most Claims Settle
The U.S. federal district court judge scheduled to hear opening arguments in the civil trial related to the containership Dali exp...
Read More >>The Hidden Clause Contradictions Driving Demurrage Claims
A bulk carrier arrives at Paranagua on a Saturday morning at 08:00 local time. Sugar cargo, clean fixture, terms agreed weeks earl...
Read More >>Victims’ Families Settle on the Eve of the Dali Civil Trial
With the civil trial due to start on Monday, June 1, additional settlements were reached with the families of those killed when th...
Read More >>Report: Israel’s Economy and Agricultural Ministers Oppose Zim Acquisition
Media reports from Israel report mounting opposition to the approval of the sale of Zim to Hapag-Lloyd. Calcalist, which was the f...
Read More >>UK Permits Liabilities Limitation in Solong-Stena Immaculate 2025 Allision
The UK Admiralty Court handed down a decision last week after hearing arguments from the owners and operators of the containership...
Read More >>Battle of Bulkers Continues as Diana Increases Offer for Genco
The battle between two leading dry bulk operators heated up as Diana Shipping looked to further increase the pressure on Genco Shi...
Read More >>MSC Settles Out of Court Over 2024 Runaway Ship Incident in Charleston
A filing with the U.S. District Court in South Carolina last week confirmed a settlement has been reached in a suit pending relate...
Read More >>Seafarers Begin Strike Against Three Ships Owned by Iceland’s Eimskip
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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