Join our crew and become one of the 106,867 members that receive our newsletter.


Tuesday, June 29, 2021
Lloyd's Register

Lloyd’s Register Sells Cyber Security Assets to Focus on Shipping

By Jonathan Saul LONDON, June 29 (Reuters) – British professional services provider Lloyd’s Register (LR) has agreed to sell its business assurance

June 29, 2021
Total Views: 1246

Wednesday, June 16, 2021
Shipyard of Hyundai Heavy Industries

Hyundai Heavy IPO Is Coming In Hot

South Korean shipyards and shipowners will raise billions of dollars via new stock market listings later this year. The yards hope to capitalize on the start

June 16, 2021
Total Views: 1977

Saturday, June 12, 2021
tanker aerial

Exxon Traders Quit While BP And Shell Colleagues Make Billions

By Devika Krishna Kumar and Julia Payne (Reuters) – Exxon Mobil Corp has lost two veteran crude oil traders from its U.S. energy trading group and a

June 12, 2021
Total Views: 7477

Sunday, June 6, 2021

Italian Superyacht IPO Stock Price

by Giulia Segreti (Reuters) Luxury yacht maker The Italian Sea Group has completed its initial public offering (IPO), setting a price of 4.90 euros per share

June 6, 2021
Total Views: 34

Monday, May 17, 2021
EU Directive Will Turbocharge Maritime Venture Capital While US Falls Far Behind

EU Directive Will Turbocharge Maritime Venture Capital While US Falls Far Behind

The European Union and the European Investment Bank Group, today said they will increase their cooperation and investment in the maritime “blue”

May 17, 2021
Total Views: 2571

Wednesday, May 5, 2021
Mumbai Maersk at the Port of Tanjin Pelepas

Maersk Says Mega Ships Will Carry Mega Profits Into 2022

By Jacob Gronholt-Pedersen (Reuters) Denmark’s Maersk (AMKBY) said on Wednesday it expected its “exceptionally strong” performance in the

May 5, 2021
Total Views: 7365

Monday, April 26, 2021

Agriculture Prices Soar Alongside Bulkship Rates

The Baltic Dry Index and bulk ship rates are soaring along with related ETFs. One reason might be a surge in global wheat, corn, and soybean prices alongside

April 26, 2021
Total Views: 2504

Thursday, April 1, 2021
Russian FPSO MARSHAL VASILEVSKIY Transiting the Suez Canal

Marine Reinsurance Firms Expect Giant Suez Blockage Claims

by Carolyn Cohn (Reuters) – The recent blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine

April 1, 2021
Total Views: 3147

Monday, March 29, 2021
Tanker Gang: Day Traders Cash In On Suez Blockage

Tanker Gang: Day Traders Cash In On Suez Blockage

By Stephen Stapczynski (Bloomberg) As soon as retail investor Calvin Froedge heard that a massive container vessel was stuck in the Suez Canal, he pulled his

March 29, 2021
Total Views: 13109

Friday, March 26, 2021
Satellite image of Ever Given Aground

UPDATED: Suez Canal Steps Up Efforts Refloat Grounded Ever Given

By Nadine Awadalla, Jessica Jaganathan, Roslan Khasawneh and Julia Payne Dredging and tugging salvage efforts aimed at freeing a mega vessel stuck in the Suez

March 26, 2021
Total Views: 28391

Thursday, March 25, 2021
Suez-Canal Southern Entrance

The $9.6 Billion A Day Price Of A Suez Stuck Ship

By Aaron Clark (Bloomberg) –A back-of-the-envelope calculation shows there’s about $9.6 billion worth of daily marine traffic halted by the massive

March 25, 2021
Total Views: 21962

Wednesday, March 17, 2021
Japanese Banks Sign The Poseidon Principles

Japanese Banks Sign The Poseidon Principles

By Jonathan Saul (Reuters) – Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in carbon dioxide

March 17, 2021
Total Views: 1465

Monday, March 1, 2021
Ocean Princess Tanker

VLCC Fire Sale – Singapore Tanker Tycoon O.K. Lim Liquidates One-Third His Fleet To Repay Billions Of Debt

By Jessica Jaganathan (Reuters) – About one-third of the roughly 150 ships owned by companies controlled by Singapore tycoon Lim Oon Kuin and his family

March 1, 2021
Total Views: 4693

Friday, October 16, 2020
bow of a dry bulk carrier at anchor

Baltic Index Falls Due To Weak Capesize Demand

The Baltic Index (BDIY), which provides a benchmark for the price of moving the major raw materials by sea, fell for a seventh straight session yesterday and

October 16, 2020
Total Views: 54

Wednesday, August 19, 2020
Cruise Ships

Hong Kong Cruise Ship Owner Suspends Payments to Creditors

by Denise Wee (Bloomberg) Genting Hong Kong Ltd., a cruise ship operator, will temporarily suspend all payments to its creditors, which will likely result in

August 19, 2020
Total Views: 229

Soeren Skou, CEO Maersk

Maersk Forecasts A Return To Pre-COVID Container Demand In 2021

by Jacob Gronholt-Pedersen (Reuters) – Shipping group Maersk on Wednesday issued full-year earnings guidance above its forecast at the beginning of the

August 19, 2020
Total Views: 86

Monday, August 17, 2020
Ocean Princess Tanker

Ocean Tankers Seeks To Reclaim $19 Million From Lim Family

by Jessica Jaganathan (Reuters) – The court-appointed manager of Singapore Ocean Tankers is seeking to reclaim about $19 million from the Lim family

August 17, 2020
Total Views: 65

Friday, May 15, 2020
Deepwater Champion Drillship

Transocean Is The Decade’s Biggest Loser

With COVID19 wreaking havoc in the stock market, you might think that travel or tourism stock might be the biggest losers of the past decade. But, according to

May 15, 2020
Total Views: 1527

Sunday, October 13, 2019

DeSiloing The Maritime Industry – Notes From The Global Bluetech Summit

Last week SeaAhead’s Global Bluetech Summit in New York City brought together high-level stakeholders from around the world to discuss and support

October 13, 2019
Total Views: 56

Friday, August 2, 2019
cape sampagita

Japan’s K-Line Convicted Of Cartel Conduct By Australian Court

by Niyati Shetty (Reuters) Japanese shipping firm Kawasaki Kisen Kaisha Ltd (K-Line) was convicted of criminal cartel conduct and ordered to pay a A$34.5

August 2, 2019
Total Views: 59


Maritime and offshore news trusted by our 106,867 members delivered daily straight to your inbox.

Join Our Crew

Join the 106,867 members that receive our newsletter.