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Pirates board tanker off São Tomé and Príncipe

Panama-flagged /bitumen tanker Bitu River was boarded by three armed pirates late last night off São Tomé and Príncipe. Shots were reportedly fired, and...

Red Sea transits off limits for most as Israel pounds Gaza

The majority of the global merchant fleet is expected to keep away from the Red Sea for the foreseeable future as the security situation...

Box charter to freight rate ratio hits record high of 289%

Containership utilisation has slipped below 90% on many of the sector’s biggest tradelanes, while the gap between box freight rates and charter rates has...

Hanwha buys Austal stake

South Korea’s Hanwha Group has taken a 9.9% stake in Australia’s Austal almost a year after it proposed a full takeover.Hanwha on Tuesday said...

Nick Potter takes the reins at AET

AET, a tanker firm controlled by Malaysia’s MISC, has appointed Nick Potter, a well known name in Singapore shipping circles, as its next president...

DP World and Maersk sign long-term agreement to expand services in Brazil

DP World has signed a long-term strategic agreement with Maersk to expand maritime services at DP World’s terminal in the Port of Santos, Brazil.DP...

The next big maritime tech breakthroughs

In the second instalment of our brand new magazine, Maritime CEO canvasses the industry over on all things tech.For Mikael Skov, who heads up...

Cyber security and the five key elements in UR E26 regulatory compliance

IT safety is evolving from a box-ticking exercise to an essential business tool, required by regulators and stakeholders, writes Nicolas Furge, president, Marlink Cyber.Cyber...

Jan De Nul and Hellenic Cables ink framework deal with National Grid

Belgium’s Jan De Nul and its Greek consortium partner Hellenic Cables, have signed a framework agreement with British utility National Grid for future HVDC...

Navigator wraps up ethylene carrier trio buy

New York-listed Navigator Holdings has completed the final acquisition of three handysize ethylene carriers set to complement the recently expanded export terminal at Morgan’s...
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