Business News

Emanuele Grimaldi Takes Up the Mantle as ICS Chairman

Published Jun 24, 2022 1:49 AM by The Maritime Executive

The board of the International Chamber of Shipping (ICS), the world's largest shipowners' association, has appointed Emanu...


Havila Wins Norwegian Court Ruling for Forced Use of Cruise Ship

Published Jun 22, 2022 5:13 PM by The Maritime Executive

Norway’s Havila Kystruten won a key decision in a Norwegian court reporting yesterday that it has taken the first steps to e...


Relentless Export Machine: China Doubles its Trade Surplus

Published Jun 22, 2022 2:51 PM by The Strategist

[By David Uren] China’s trade surplus hit an extraordinary $292 billion in the first five months of the year—more t...


The Cost of Shanghai’s Lockdowns for European Companies

Published Jun 22, 2022 12:23 PM by The Maritime Executive

With the rest of the world returning to the pre-pandemic levels of normality, China has maintained a strict zero-COVID policy. Loc...


LR Adds to Digital Portfolio With Acquisition of OneOcean

Published Jun 20, 2022 11:19 PM by The Maritime Executive

Lloyd's Register has reached an agreement to acquire OneOcean, a leading maker of software for shipboard operations and shipma...


ABS Secures Contract to Evaluate SpaceX's Unmanned Droneships

Published Jun 19, 2022 10:59 PM by The Maritime Executive

Serial entrepreneur Elon Musk is known for deploying technological developments early, rapidly and independently. His carmaker Tes...


Havila Files Legal Actions to Free Cruise Ship from Russian Sanctions

Published Jun 16, 2022 3:01 PM by The Maritime Executive

Norway’s Havila Kystruten has begun legal actions to free its cruise ship caught under the sanctions against Russia and also...


Reinsurers Could Face $2B in Claims Over the Ever Given Grounding

Published Jun 15, 2022 11:53 PM by The Maritime Executive

Claims related to the infamous grounding of the boxship Ever Given last year could amount to a staggering $2 billion, according to...


MSC in Discussions to Buy Cruise Port Operator Global Ports

Published Jun 15, 2022 7:16 PM by The Maritime Executive

Global Ports Holding, an operator primarily of cruise ports around the world as well as some container terminals, confirmed media...


In-Person Shows Are Back: Posidonia 2022 Sets New Attendance Records

Published Jun 12, 2022 10:03 PM by The Maritime Executive

The Posidonia shipping exhibition in Athens closed out the most successful show in its 53-year history on Friday.  The 27t...

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