Inchcape takes majority stake in Suez transit specialist Leth
Inchcape Shipping Services, a portfolio company of private equity fund Epiris, reports that it has taken a majority share in Leth Suez Transit Ltd AS (Leth). Leth, with roots that go back
Inchcape Shipping Services, a portfolio company of private equity fund Epiris, reports that it has taken a majority share in Leth Suez Transit Ltd AS (Leth). Leth, with roots that go back
As had been widely expected, following last week’s Houthi attacks on the Maersk Hangzhou, Maersk today officially notified customers that it is pausing all Maersk Red Sea/ Gulf of Aden transits until
A 410-foot vessel carrying a cargo that included lithium-ion batteries was today safely moored in Broad Harbor, Alaska, after a response that began when it reported a cargo hold fire at 4.40
Underscoring the continuing threats facing commercial shipping in the Red Sea, U.S. Central Command has reported on two attacks by Houthis on the Maersk Hangzhou containership. In the second, ten Houthis died.
Stolt Tankers says that is the first shipping company in the world to apply a cutting-edge sustainable coating based on graphene to the hull of a chemical tankers, its 30,000 dwt Stolt
A.P. Moller-Maersk (Maersk) has signed a Memorandum of Understanding (MoU) with the City of Yokohama and Mitsubishi Gas Chemical (MGC). The collaborative agreement will focus on the development of a Yokohama green
Japan’s NYK Line says that, starting in FY2024, it will conduct full-scale trials of the long-term use of biofuels, considered as net-zero CO2 fuels, in its current HFO-fueled ships. Moving forward from
As the Houthi attacks that began with the hijacking of the Galaxy Leader continue to disrupt Red Sea shipping, the U.S. is moving to stem the flow of the Iranian money that
Ukraine’s Southern Defense Forces report that two seafarers were injured when a Panama-flagged general cargo ship headed to load grain in a Danube port struck a Black Sea mine. The ship lost
As those who watch these things know, the Government Accountability Office (GAO) rejects the majority of bid protests filed with it. However, a number of bid protests do, in fact, succeed and