Wallenius Wilhelmsen Ocean AS has entered a guilty plea in the Federal Court to the criminal cartel. CDPP charged WWO with cartel conduct...

Carnival Corp reported a record $4.4 billion in quarterly losses. COVID-19 pandemic has crippled the world’s biggest cruise operator and forced it to...

Marine technology company Wartsila has received an order to supply Wartsila solutions for new 8,200dwt multi-purpose cargo vessel. The company said that the...

More than 40 loadings said nixed in latest tally. Improving economics could spur fall rebound. The total suggests weak demand will persist through...

In a  major development, A.P. Møller - Mærsk A/S (APMM) has announced that they are expecting an EBITDA before restructuring and integrating costs for...

According to a LoadStar article by Mike Wackett, Container freight rates between Asia and Europe are holding firm, thanks to a demand spike and...

In a major development, Maersk has announced that they are introducing a special cargo misdeclaration fee of 500 USD from 1 July, 2020 due...

Scientists fear a wave of drug-resistant diseases in the post covid19 world COVID19 patients are getting secondary bacterial infections as they spend more...

Nine US-listed dry bulk firms lost $11.33bn over the past decade, reports Splash 247. US-listed dry bulk companies  Alphabulk, part of AXS Marine, launched a withering...

The Baltic Briefing has issued the tanker report for the 25th week of this year. The report dated 19th June 2020 provides a valuable...

Designers were trying to develop unique ways to reconfigure commercial airline seats to make them more comfortable for passengers. Now, the focus is on...

The technology group Wärtsilä to design and equip two zero-emissions battery powered ferries, says a press release published on their website. About the contract Wärtsilä’s experience...

A recent article published in  Seatrade Maritime News, the London-based Greek Shipping Cooperation Committee (GSCC) says that the world’s shipowners are not getting enough...

Ocean carriers are tightening up their credit terms with thousands of smaller NVOCCs . This is due to mounting fears that many could...

  South Korea reveals that its eventual goal is to develop a fully autonomous ship. The IMO defines as vessels that are able to...

The cluster of oil tankers off China’s coast is growing and the vessels are waiting longer to offload their cargoes amid a lack...

Elon Musk has perhaps the most exciting portfolio of businesses on the planet. There's SpaceX with its mission to Mars, and Tesla with...

Carriers urged to follow the digital path created by banks, reports the Maritime CEO issue by Splash. Simple online experience! The CEO of the Digital Container...

The Suez Canal Authority (SCA) has asked HR Wallingford for support in its continual quest to maximise the potential of this crucial maritime...

Flushing toilets can send a cloud of little particles containing fecal matter into the air. Doctors have shown that coronavirus can live and...