Business News

Judge Dismisses Most of Remaining Dali Civil Damage Claims

Published Aug 26, 2026 12:58 PM by The Maritime Executive

The district court in Maryland, hearing the civil portion of the claims related to the containership Dali destroying Baltimore’s F...

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CMA CGM and Saudi Arabia to Invest $434M to Expand Jeddah Islamic Port

Published Aug 25, 2026 7:52 PM by The Maritime Executive

An agreement was signed in Paris during a French-Saudi Investment Roundtable that calls for CMA CGM and Red Sea Gateway Terminal (...

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AI Companies Look to the Ocean as a Place to Put Data Centers

Published Aug 23, 2026 2:34 PM by The Conversation

[By Nir Kshetri] The artificial intelligence boom is driving unprecedented demand for data centers, raising concerns about their g...

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CK Hutchison Ups the Ante Starting Second $1.5B Arbitration Against Panama

Published Aug 20, 2026 8:43 PM by The Maritime Executive

Hong Kong-based CK Hutchison Holdings has started a second arbitration against the Republic of Panama over the cancellation earlie...

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Malaysia’s ALAM Maritim CEO Briefly Detained in Corruption Investigation

Published Aug 19, 2026 4:54 PM by The Maritime Executive

Malaysia’s offshore services firm for the oil and gas industry, ALAM Maritim Resources, confirmed reports that its CEO was briefly...

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Indian Seafarers Complain of Pressure to Transit Strait of Hormuz

Published Aug 19, 2026 4:24 PM by The Maritime Executive

The Forward Seamen's Union of India has raised concerns that some shipowners are pressuring seafarers to sail through the high-ris...

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Scotland’s Troubled Ferguson Shipyard Plans to Lay Off a Quarter of Staff

Published Aug 18, 2026 5:39 PM by The Maritime Executive

Saying that the state-owned shipyard is entering a transition period, Scotland’s financially troubled shipbuilder Ferguson Marine...

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AD Ports Received Buyout Proposal from the Abu Dhabi Government

Published Aug 17, 2026 6:03 PM by The Maritime Executive

AD Ports Group, which has grown rapidly into one of the largest ports, logistics, and shipping groups, has received an offer from...

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Diana Withdraws Offer for Genco as Sides Disagree on Valuation

Published Aug 17, 2026 9:49 AM by The Maritime Executive

Diana Shipping withdrew its tender offer to acquire the shares of Genco Shipping & Trading while saying it was “not going away” an...

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For Iran's Ruling Families, Corruption and Blockade Busting Run Deep

Published Aug 16, 2026 7:03 PM by The Maritime Executive

A new investigation using covert tip-offs from disgruntled insiders within Iran has revealed further connections between close rel...

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