DFDS and Ekol Trade Barbs as Acquisition Unravels
DFDS’ plans to acquire Turkish freight company Ekol Logistics have fallen apart in a public and acrimonious feud, with both…
Pentagon: No U.S. Navy Carrier in Mideast After USS Abraham Lincoln Leaves
The carrier USS Abraham Lincoln will be leaving the Middle East within a few months and will not be replaced…
HD Hyundai Begins Autonomous Demonstration with Larger Containership
South Korean shipbuilder HD Hyundai Heavy Industries today started a demonstration of autonomous operations of a large containership with the…
Report: Houthis Are Earning $2 Billion a Year by Shaking Down Shipowners
An as-yet-unreleased UN report suggests that Yemen’s Houthi rebels have figured out a way to monetize their blockade of the…
Late Arriving Containership Delays Reach Highest Levels Since Pandemic
The average delay for containerships behind schedule has continued to increase in 2024 rising to the highest levels except during…
Former Siem Offshore Sees Growth Ordering New Vessels From COSCO
The former Siem Offshore reformulated as Sea1 Offshore after the departure of founder and former chairman Kristian Siem reports it…