$22m Claim For Bulker Hit By Missile Off Ukraine?

A recent news article published in the Lloyds List reveals that Beazley handles $22m claim for bulker hit by missile off Ukraine. Bangladesh Shipping vessel...

Scuffle Between Russia And Ukraine Over Drifting Mines In Black Sea

  Russia says mines floating in Black Sea Ukraine says Russia is misleading shipping Turkey issues alert for drifting mines A recent news article published...

Shippers Wary Of Long-Term Contracts

The appetite for long-term contracts, much desired by shipping lines, has waned with the onset of war – while long-term relationships with forwarders and...

New Rocket Engine Could Reach 99% The Speed Of Light

When it comes to space, there's a problem with our human drive to go all the places and see all the things. But another...

Which Country Survived Covid Better?

In 2019, the Global Health Security Index published a report ranking countries on their preparedness for pandemics. The US scored highest, followed by the...

How Does the Baltic Dry Index Influence Markets

The Baltic Dry Index is published daily. But for most investors who are not steeped in the logistics industry, it is one of...

Appeal Court Upholds Scrap-sale Jail Term for Vessel Owner

An Appeal Court in the Norwegian city of Bergen, has confirmed the prison sentence for Norwegian ship owner, for aiding and abetting the attempt...

Höegh Autoliners Fined $5.4m After Multi-year Antitrust Investigation

Höegh Autoliners is looking at contesting a fine dished out by Brazilian authorities in one of many car carrier cartel investigations that have been...

MPC Container Ships Sold Shares Worth $80M

The largest shareholder in the Oslo-listed boxship owner, MPC Container Ships, has sold 27.5m shares for a total of NOK687.5m ($79.4m), says an article...

MacGregor Bags $15M Worth RO/RO Equipment Deal

Cargo and load handling specialist MacGregor has booked an order worth more than $15 million to supply comprehensive packages of RO/RO equipment for Höegh...