According to a report from Reuters, Denmark's A.P. Moller-Maersk (MAERSKb.CO) expects to exercise its option in June to order 10 more huge container ships to be built by Daewoo Shipbuilding & Marine Engineering (042660.KS) at a cost of $1.9b.
The leader of Yemen's Iran-aligned Houthis, who have been attacking shipping in the Red Sea, said on Thursday the group had…
MHWirth, a subsidiary of Norwegian oil services investment firm Akastor, has received an arbitration award issued by a tribunal…
South Korea remembered the 304 people, most of them school children, who died on the Sewol ferry on the 10th anniversary of its sinking on Tuesday…
Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile…
Abnormal liner wear and seized or broken piston rings can result in costly consequences.
AST has developed and grown, increasingly providing full-service network solutions, far beyond traditional satellite services.
As the maritime industry transitions to the updated SIRE 2.0 inspection regime from the familiar SIRE VIQ7 framework, operators are bracing themselves for a period of adjustment.
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