Cyber Insurance Helps Businesses Gain Ground Against Ransomware Threats
Ransomware remains the leading driver of cyber insurance claims, with attackers increasingly targeting smaller firms and double extortion tactics on the rise.
Retail,...
ABS and Persona AI Join Forces to Pioneer Robotic Standards in Maritime Industry
ABS and Persona AI have signed an MOU to integrate humanoid robots into shipyard operations, enhancing productivity and safety.
The collaboration will focus...
Gulf of Mexico Energy Landscape Shifts Toward LNG and Renewables
U.S. offshore oil projects face stiff competition from Latin America, with Guyana and Brazil offering lower break-even costs.
Rising Gulf of Mexico production...
Imabari Shipbuilding Delivers Future-Ready 13,900 TEU Vessel to ONE
Imabari Shipbuilding delivers ONE STRENGTH, a 13,900 TEU vessel for Ocean Network Express.
The ship is designed for high efficiency, with energy-saving devices...
Yangzijiang Shipbuilding Sees Steady Demand and Solid Margins
Yangzijiang Shipbuilding’s shares have recovered after U.S. port fee measures, supported by strong fundamentals.
HSBC raised its target price, citing margin growth, stable...
NYK Pioneers Ship-to-Ship Ammonia Transfer for Next-Gen Fuels
A significant milestone in the maritime industry was recently achieved with a ship-to-ship (STS) ammonia transfer off the coast of Ceuta, Spain. This was...
Sallaum Lines Unveils Its First LNG Dual-Fuel Car Carrier
Switzerland-based RoRo cargo shipping company Sallaum Lines has unveiled its first LNG dual-fuel pure car and truck carrier (PCTC), the Ocean Breeze, in the...
Suezmax Rates Under Pressure While Aframax Shows Regional Split
The week gone by has been a roller coaster ride in the VLCC market. The whole of last week saw a continued upward trajectory...
Panamax and Supramax Sectors Show Split Regional Sentiment
The Capesize market is strong, with both Pacific and Atlantic basins experiencing a rally, while the Panamax market is split between a softer Atlantic...
Saudi Arabia’s “Vision 2030” Drives New Steel Ventures and Global Alliances
The global steel industry is undergoing a significant shift, with the Gulf Cooperation Council (GCC) countries positioning themselves as a new hub for steel...
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