Business News
USTR Fees Could Cost Top 10 Carriers $3.2B in 2026, says Alphaliner
There continues to be a lot of speculation in the industry over the full extent of the looming U.S. port fees for Chinese-owned, o...
Read More >>Retailers Turn to AI for Precision Forecasting Amid Supply Chain Challenges
In a rapidly evolving retail environment, artificial intelligence (AI) is emerging as a critical tool for executives seeking to na...
Read More >>Samsung Heavy Industries Partners with India’s Swan as it Builds Network
South Korea’s Samsung Heavy Industries (SHI) and India’s Swan Defence and Heavy Industries have entered into a “shipbuilding and m...
Read More >>Yangzijiang Cancels Ship Order on Allegations of Plot to Avoid US Sanctions
China's largest privately owned shipbuilder, Yangzijiang Shipbuilding and three of its subsidiaries, report that they canceled an...
Read More >>Quality Over Quantity
It's the story of the year among flag states. Once seen as a sanctionable fleet, the Panama Ship Registry is now among the world's...
Read More >>EPS to Consolidate LNG Transport by Buying Remaining Shares of CoolCo
CoolCo, a pure play LNG Carrier, which has been publicly traded for just over three years, is in advanced discussions with its maj...
Read More >>UN Trade Body Warns Shipping is in a Period of Fragile Growth, Rising Costs
After years of strong growth in global seaborne trade volumes, a new report from the United Nations’ trade and development organiz...
Read More >>ABS Plans to Test Out a Humanoid Robot for Classification
Houston-based class society ABS has announced a new collaboration with robotics company Persona AI to develop a humanoid robot for...
Read More >>Real-Time Engine Oil Quality Monitoring is Now in Reach
Lube oil contamination is one of the fastest ways to get into trouble in the engine room, and engineers monitor their oil closely...
Read More >>Panama Canal Pursues Projects to Diversify and Sustain Operations
The Panama Canal Authority shared its long-term vision with a series of priority projects designed both to expand and diversify it...
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