Procurement 2025: Reimagining the function for success
Today’s procurement function can be a vital source of resilience, sustainability, and innovation. We asked McKinsey partners how to capture…
German Police Board Freighter on Suspicions of Subsea Cable Damage
An aging freighter was stopped and boarded in Kiel after a suspected cable damage incident off Gotland last weekend, according…
Bulker Held for 15 Months in India During Cocaine Investigation Released
The Vietnamese-owned bulker Debi has finally been released by the courts in India after being held for 15 months. The…
Report: Two Attacks on Russia-Linked Tankers Were Caused by Limpet Mines
At least two recent explosions affecting tankers in the Mediterranean this year can be explained by limpet mine attacks, three…
Carrier USS Harry S. Truman Underway After Five Days of Emergency Repairs
The U.S. Navy reported tonight, February 24, that the carrier USS Harry S. Truman has returned to sea after emergency…
FMC modifies TCW detention order in light of federal court ruling
The FMC’s modified ruling in the TCW-Evergreen complaint allows room for carriers to charge late fees during port closures if…
The shipyard market share “game” in full force
Shipbuilding capacity around the globe is a “hot” commodity these days, with demand on the rise. India has a lot…
Iron ore snaps four-day rise due to more duties on Chinese steel
Dalian iron ore futures prices snapped a four-day winning streak on Monday as increasing levies on Chinese steel dampened demand…