The higher claims will likely lead to general rate increases, though individual member records will be taken into consideration when renewing, says insurance boss.

The container line’s CFO says they are keeping a close eye on the effects of the new EU-US trade agreement. However, the consequences are still hard to see.

German maritime startup Tilla Technologies, which has developed a digital system for managing crew changes on ships, has secured fresh capital for the development of its platform.

Braemar, the second-largest shipbroker listed in London, has appointed Tom Anderson to lead its sale and purchase (S&P) desk in Dubai.

Drought and low waters have plagued shipping on the German river in June and July. Now rain has made navigation easier again, according to media reports.

It’s not just oil losses in West Africa that have cost USTC’s bunker group dearly. A newly started energy trader has also been shut down.

Union Maritime, a London-based shipowner and operator, has secured a USD 130m delivery financing agreement for two of its YZJ newbuild LR2 tankers.

Oil held a gain after President Donald Trump pushed for Russia to reach a swift truce with Ukraine or face potential economic penalties, raising concerns crude supplies from the OPEC+ producer could ...

In efforts to avoid a US tariff rate of 25%, South Korea has allegedly proposed a new partnership dubbed “Make American Shipbuilding Great Again”.

The turbulent acquisition was supposed to close in the first quarter, but in February Spire Global sued Kpler for delaying the deal. Kpler boss Mark Cunningham is now looking ahead ...

The Qatari gas shipping company enters into a financing agreement with South Korean state-owned bank Kexim for the ships ordered in South Korea.

The X-Press Pearl disaster costs Singapore operator USD 1bn The feeder carrier tried in vain to offload the container leaking nitric acid and says it is disappointed with the ruling by the Sri Lanka ...