Search for Crewmember Feared Overboard Called Off When He Was Found on Ship
After a search spanning more than two days and covering hundreds of miles in the Pacific, the U.S. Coast Guard…
Changes in Container Shipping as MSC Expands Lead to 20% Share
With a growing orderbook that is already at record levels and an overheated charter and secondhand market, the container shipping…
Another Boxship Loses Power in Baltimore’s Harbor
On Monday morning, another boxship briefly lost power after leaving the pier at the Port of Baltimore, reinforcing concerns about…
AI is changing banking, UBS executive says
UBS UBSG. is seeing a shift in the way clients are interacting with their bankers powered by artificial intelligence, the…
US weekly jobless claims rise as labor market gradually slows
First-time applications for U.S. unemployment benefits increased last week, while the number of people on jobless rolls rose further to…
ECB policymakers urge review of QE consequences -sources
Some European Central Bank policymakers are urging a review of the aggressive monetary stimulus policies the ECB employed for nearly…
As More Ships Head for Cape Route, Stella Maris Sets Up for Crews’ Needs
To meet the needs of the growing number of vessels on the Cape route, The maritime charity Stella Maris has…
Defector Aboard Russian Navy Corvette Set Fire to His Own Ship
A defector aboard the Russian Navy corvette Serpukhov helped Ukrainian forces stage an attack on his own vessel earlier this…
China & Philippines Pledge to "De-Escalate Tensions" in S. China Sea
On Wednesday, two top diplomats from the Philippines and China sat down for a “frank and constructive discussion on the…
Cruise Lines Adjust as Hurricane Beryl Storms Through Caribbean
Hurricane Beryl, the earliest Category 5 huricane on record in the Atlantic, has killed at least six people in the…