Shipping group Maersk will take steps to resume navigation through the Red Sea via the Suez Canal as soon as conditions allow, CEO Vincent Clerc said on Tuesday.The Suez Canal Authority said in a statement that Maersk container ships will resume transi…
Maersk to Resume Red Sea Route Read More »
Performance Shipping reported its third-quarter financial results for 2025, highlighting solid fleet performance amidst softer market conditions.For the three months ending September 30, 2025, the company posted net income of $3.9 million, a decrease f…
Performance Shipping Reports Strong Fleet Utilization, Fleet Expansion Read More »
OrbitMI, a leading provider of maritime SaaS software, announced the launch of its Vessel Reporting Analysis, a structured assessment designed to help shipowners and operators understand how closely their vessel reports align with industry vessel repor…
Golar LNG Limited has announced that it has successfully closed and drawn a new $1.2 billion asset backed debt facility agreement with a consortium of banks including ABN AMRO, Citibank, DNB, Goldman Sachs and Standard Chartered Bank for the refinancin…
Golar LNG Announces Successful Completion of $1.2b FLNG Gimi Bank Facility Read More »
Inchcape Shipping Services, a leader in port agency and maritime services, has announced the opening of its new office in Geoje, Korea. This expansion increases Inchcape’s footprint in South Korea to three offices—Seoul, Busan, and now Geoje…
Inchcape Shipping Services Opens New Office in Geoje, Korea Read More »