Nirvana’s $100M Series D bets big on AI to revolutionize commercial insurance
AI-driven insurer Nirvana Insurance announced Thursday it has secured a pre-emptive $100 million Series D funding round to expand the company’s AI-powered com...
Latest Shipping & Logistics News
10,607 articlesUS rail freight extends weekly losing streak
U.S. rail traffic has remained below 2024 levels for an eighth straight week, according to statistics from the Association of American Railroads.Figures for the...
UWL and ESL to launch weekly Sun Chief Express sailings in 2026
UWL and Emirates Shipping Line (ESL) will upgrade the Sun Chief Express service to weekly sailings starting in June 2026. The move responds to growing demand fr...
DP World and Thames Freeport break ground on The Hive Innovation Hub
DP World and Thames Freeport have started building The Hive, a £13m amenities and innovation hub at London Gateway Logistics Park. The 29,000 sq. ft. faci...
DeepOcean bags five-year IMR deal with Vår Energi
Norwegian ocean services player DeepOcean has been awarded a new long-term inspection, maintenance, and repair frame agreement with operator Vår Energi.Th...
Port of Melbourne welcomes the opening of the West Gate Tunnel
Port of Melbourne welcomes the official opening of the West Gate Tunnel, an alternative to the West Gate Bridge, reducing travel times and providing trucks addi...
Fatal drone strike on tanker in Rostov-on-Don
The escalation of attacks on commercial shipping in the wider Black Sea region took a deadly turn early Thursday after a Ukrainian drone strike hit a tanker doc...
Venezuela rolls out naval escorts as tanker standoff with US intensifies
Venezuela has begun deploying naval escorts for vessels carrying oil byproducts as they depart its ports, underscoring a rapid escalation in maritime tensions f...
Sinokor offloads five-year-old newcastlemax for $73.5m
For the third week running, capesize and newcastlemax sales are dominating broking reports, though the seller profile is beginning to shift. Earlier activity wa...
Retail giants back first e-ammonia boxship
The Zero Emission Maritime Buyers Alliance (ZEMBA), an alliance of freight buyers that includes major retailers — like members Amazon, IKEA and Nike &mdas...
Container overboard detection and reporting system launched
Eyesea and EVI Safety Technologies are rolling out an artificial intelligence system designed to detect and report containers lost overboard using standard onbo...
Have we passed peak chaos?
Roar Adland, SSY’s head of research, gives his 2026 shipping market outlook.After six long years of continuous disruption, starting with covid in January 2020...