Maersk is moving forward with a large new ship order, equivalent to approximately 10 percent of the carrier’s current total capacity in operation. The news comes after days of speculation in the industry that Maersk was placing large orders and…
The Islamic Revolutionary Guard Corps Navy continues its campaign of attacking vessels and exploiting the incidents to assert that it has total control over the Strait of Hormuz.
China has recently enhanced the signals communication array at its base for the People’s Liberation Army (Navy) in Djibouti. An in-depth report produced by CSIS (the Center for Strategic and International Studies, based in Washington, D.C.) described the enhancements made…
Passenger volumes on day-long picnic cruises between Naantali and Långnäs rose by 23 per cent during the summer season compared with the previous year, according to Finnish ferry operator Finnlines.Total passenger figures from June to August 2026 remained stable against…
London's marine insurance market has widened the area in the Black Sea it deems as high risk as the Ukraine-Russia conflict escalates, according to an advisory issued this week.The Black Sea is a vital route for shipments of grain, crude…
The Baltic Exchange's dry bulk freight index gained on Friday as Capesize vessel rates strengthened, but the benchmark still posted a weekly loss. The main Baltic index rose 34 points, or one per cent, to 3,370 points.
