Business News
Building Resilient, Low-Carbon Supply Chains With ITS
Sustainability and resilience in shipping are not the result of a single decision. They come from daily practice, informed choices...
Read More >>IMO Approved Echosounder and Speed Log System With a Single Sensor
In an industry where vessel efficiency, space, and technical service cost optimization are becoming the new standard, Istanbul-bas...
Read More >>Collaborative Delivery Models Reshape Port Infrastructure Development
The traditional design-bid-build model that dominated port infrastructure development for decades is giving way to collaborative d...
Read More >>Diana Raises Offer for Genco and Agrees to Sell 16 Ships to Star Bulk
Diana Shipping is back with a sweetened offer to acquire fellow bulk shipper Genco Shipping & Trading, both increasing the cash do...
Read More >>AI, Analytics, and Automation: The New Currents in Maritime Operations
For decades, maritime operations have been defined by tradition, by paper logs, phone calls, and manual entries that somehow coord...
Read More >>Edda Wind has Potential Agreements to Sell Fleet of Wind Service Vessels
Edda Wind, which had been launched as an early service provider dedicated to the emerging offshore wind sector, has entered into a...
Read More >>British Marine Insurer Beazley Purchased by Zurich for $11 Billion
British insurer Beazley has been purchased by Swiss insurance conglomerate Zurich for $10.8 billion, a small boost over an earlier...
Read More >>Norwegian Cruise Admits Misstep as it Issues Disappointing Outlook
Norwegian Cruise Line Holdings reported its fourth quarter and year-end financial results, and while it met or exceeded expectatio...
Read More >>Algoma Central Buys Mainstay Maritime’s Canadian Great Lakes Shipping
Canada’s Algoma Central, already one of the largest dry and liquid bulk carriers for the Great Lakes-St. Lawrence region, has agre...
Read More >>Case Study: Satcom Giant Inmarsat
The maritime industry is a conservative business. It tends to favor the established option over the innovative solution. Inmarsat...
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