Mercuria sues Baltic Exchange over ‘distortion’ of key tanker rate benchmark in Middle East war
Charterer and owner says sticking to assessment from beyond the Strait of Hormuz has cost it hundreds of millions
Law
Former John Fredriksen trading bosses sue for over $1bn in failed fraud case
Shipping magnate’s companies facing compensation claim connected to 2015 freezing order against Arcadia executives
Former John Fredriksen trading bosses sue for over $1bn in failed fraud case Read More »
Seatrium avoids prosecution with $110m corruption settlement
First such agreement approved by Singapore court that involves corporate entity
Seatrium avoids prosecution with $110m corruption settlement Read More »
‘Anyone who says they know is a liar’: Shipping’s Red Sea intelligence blind spot
Uncertainty dominates as Houthis retain flexibility over escalation
‘Anyone who says they know is a liar’: Shipping’s Red Sea intelligence blind spot Read More »
US shipbuilding group finds ally in key Trump aide to give Ships for America bill new momentum
But complex legislation to revitalise American shipbuilding and add hundreds of US-flag vessels still faces political hurdles