Peter Georgiopoulos pounces on Norvic Shipping dry bulk fleet
United Overseas Group strikes second deal in weeks with Norvic entities
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February 2026
Oil Prices Rise on U.S.-Iran Tensions
Oil prices steadied on Wednesday after rising earlier in the session after the U.S. shot down an Iranian drone and armed Iranian boats approached a U.S.-flagged vessel, rekindling fears of an escalation in tensions ahead of planned talks.But a broader …
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ClassNK Fleet Cost Simulation Receives “Best Project Innovation Award'”
The service “ClassNK Fleet Cost Simulation” provided by ClassNK has been honored with the Best Project Innovation Award at the Saudi Maritime Awards, hosted by Robban Assafina, the maritime media platform in the Middle East and North Africa (MENA) region.
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U.S.-Flag Shipping on the Great Lakes Down in 2025
U.S.-flag Great Lakes freighters (lakers) carried 71.3 million tons of cargo in 2025, an 8.9 percent decrease from a year ago. 2025 cargo movement on the Great Lakes was 8.1 percent below the fleet’s 5-year average.Except for salt shipments…
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Fortunes for the brave: Shipping profits in a volatile world
Beginning of a return of container ships to the Red Sea does not mark a return to the status quo
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