CMA CGM Invokes General Average After Cargo Hold Fire
With salvage efforts underway after a cargo hold fire, CMA CGM has informed customers that it is invoking General Average for the incident involving the CMA CGM Petra.
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Executive Interview: Carleen Lyden Walker, Co-Founder & CEO, NAMEPA
(Article originally published in July/Aug 2026 edition.) Carleen Lyden Walker is one of the best-known figures in maritime – founder of her own marketing business, co-founder of NAMEPA, former IMO Maritime Ambassador, Chief Evolution Officer of SHIPPINGInsight and a fierce…
Three Containers Fall Off a Boxship During Cargo Ops at Port of LA
[Brief] On Monday morning, three containers fell off the side of a boxship at the Port of Los Angeles, prompting a coordinated response from the Coast Guard and local officials. At about 1120 hours, the Coast Guard base for Los…
Kongsberg Maritime to Supply Kamewa Waterjets for Australia’s New LCM Fleet
[By: Kongsberg Maritime] Kongsberg Maritime has entered into an agreement with Austal Defence Shipbuilding Australia Pty Ltd (Austal Defence Australia) to supply Kamewa Steel Series waterjets for the Australian Army’s new Landing Craft Medium (LCM) fleet.
Report: U.S. Personnel Injured in Iranian Attack on Boat Near Hormuz
Iranian forces hit a "U.S.-contracted" vessel near the Strait of Hormuz this week, according to Fox News correspondent Trey Yingst. According to two sources familiar with the matter, four Iranian drones and one or more missiles were used in the…
Poten: VLCC Rates Hit Unprecedented Levels Amidst Mideast Conflict
Participants in the tanker industry are no strangers to market cycles combined with extreme volatility. However, even seasoned veterans are looking at current developments in the market and scratching their heads. What is happening is truly unprecedented.