Inchcape Shipping Services Expands in Nordics Acquiring Grieg Logistics
Inchcape Shipping Services, a global leader in port agency and marine services, completed the acquisition of Grieg Logistics headquartered in…
National Strike Shutters Nigeria’s Seaports Indefinitely
Nigeria’s two largest labor unions have launched a nationwide strike, and port workers have joined in the walkout. Following a…
Maersk Raises Profit Guidance By $3B, Blanks Asia-Med Sailings
On Monday, AP Moller-Maersk told customers that it would be canceling several sailings due to severe port congestion, and told…
Carnival Corp. to Discontinue Storied P&O Cruises Brand in Australia
Carnival Corporation will sunset the P&O Cruises Australia brand in March 2025, marking the first time the corporation has ended…
KSOE Reports Breakthrough to Eliminate Toxic Ammonia Emissions
HD Korea Shipbuilding & Marine Engineering held a technology briefing in the lead up to the trade fair Posidonia reporting…
Union Maritime Goes Big on Wind and Plans to Invest in BAR Technologies
UK-based Union Maritime is going big on wind-assisted propulsion becoming one of the few ship owners to map a strategy…
Ukraine Hits Russian Patrol Boats & Petroleum Tanks in Black Sea
Satellite imagery and video footage appear to confirm reports of two separate Ukrainian attacks on Russian assets in the Black…
ADNOC Acquires Pool Operator Navig8 for $1.5B to Expand Global Reach
The maritime logistics arm of Abu Dhabi’s national oil company continues its strategy of growth announcing it is acquiring Singapore-based…
South Korea Opens New Frontier Region to Offshore Drilling
South Korea’s government has opened the door to drilling for oil and gas E&P off the country’s eastern coastline, launching…