The 4,228 teu SM Portland hit stormy weather on Wednesday in the Bering Strait on a voyage from Asia to Vancouver and reported 115 containers had either been damaged or lost.The Korean-flagged ...

Last September, HMM unveiled expansion plans through to the end of the decade, setting aside a massive KRW23.5trn ($17.48bn) that will see its container fleet nearly double while its tanker and ...

On the occasion of its 60 years, the European Community Shipowners’ Associations (ECSA) has rebranded as ECSA European Shipowners. The organisation represents 22 European shipowners’ national ...

Offshore drilling giant Noble Corporation has won a new contract for one of its jackup rigs. The company won a deal for the 2013-built Noble Regina Allen with an undisclosed operator offshore ...

Engineering consultant firm Royal HaskoningDHV has acquired Scotland-based maritime engineer company Arch Henderson. By bringing Arch Henderson on board, Royal HaskoningDHV significantly ...

Italian offshore engineering and construction giant Saipem has teamed up with Divento, a partnership between Copenhagen Infrastructure Partners and GreenIT, to apply its Star 1 floating wind ...

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In ...

Li Ka-shing’s CK Hutchison has reached a blockbuster mega deal with BlackRock and Mediterranean Shipping Co (MSC) to sell 80% of its giant ports division for $22.8bn in a record-breaking ports ...

Germany’s John T. Essberger has bolstered its chemical tanker orderbook with two optional newbuilds at Nantong Rainbow Offshore & Engineering Equipment in China. The deal takes the Hamburg ...

Maritime tech firm Marcura has acquired AI-driven document intelligence start-up Shipster. Shipster specialises in AI-driven document automation, particularly in extracting and structuring key ...

UK-based technology firm Sedna has acquired Flytta, an AI-powered workflow automation platform for global trade and supply chains for an undisclosed sum. Flytta originated as an in-house solution ...

The barge has been idle since September 2019. Maintenance and depreciation of the barge add around $470,000 and $790,000 in costs respectively. It also stated that it is simultaneously negotiating ...