CCFI dips below 1,000 as SCFI rises for second week
The China Containerized Freight Index (CCFI) fell below 1,000 points for the first time in nearly two years, reaching 973.11...
Norton Rose Fulbright advises Danaos on US$500 million bond issue
Global law firm Norton Rose Fulbright has advised Danaos Corporation on a US$500 million Rule 144A/Reg. S offering of 6.875%...
ORIX steps in to save Japan’s greying shipowning class
Japanese financial and leasing giant ORIX Corporation has completed the takeover and succession process for Fair Field Shipping, marking the...
The Captain’s Table finalists head into bootcamp
Finalists for the sixth edition of The Captain’s Table, the premier maritime technology innovation platform, have been announced, with the...
Reach Subsea exercises option to keep Olympic MPSV for another year
Norwegian offshore services player Reach Subsea has exercised the first one-year option for Olympic’s multipurpose supply vessel (MPSV) Olympic Triton....
Apexindo bags another drilling gig with Pertamina
Indonesian drilling contractor Apexindo has won a contract for one of its offshore drilling rigs from state-owned giant Pertamina. The...
Trump administration move risks bankrupting US offshore wind developer
US Wind, the developer of a 2GW offshore wind project in Maryland, has warned that it could go bankrupt if...
Rhenus expands heavy-lift capacity in Cuxhaven with new LHM 600 Crane
Rhenus Logistics has strengthened its terminal operations in Cuxhaven with the addition of a new Liebherr LHM 600 mobile harbour...
What’s the effect on commercial shipping by a potential Indian Ocean militarization?
The Indian Ocean is witnessing accelerated militarization driven by India-China strategic competition, with significant ramifications for global shipping operations. India’s...
ITF launches probe after ‘sexist boys’ club’ allegations
The International Transport Workers’ Federation (ITF) has launched an internal investigation following allegations of entrenched sexism and workplace harassment within...
