The documentary committee of BIMCO has approved revisions to its war risk clauses for voyage and time charters to reflect changes in the geopolitical challenges facing the shipping industry.

Trump’s universal 10% levy for all countries, except China, remains in place, but there are signs the US is exploring trade deals with alternative manufacturing bases to China. For instance, the ...

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Matt Kenney, the head of Laureate Communications, warns readers on how Trump’s economic policies could sideswipe the most ambitious maritime transformation in a generation. Let’s begin with a ...

A rescue mission is underway in the Dutch North Sea after an explosion triggered a fire on board a German-owned containership. The 1,368 teu 2009-built Victoria L suffered a blaze in the engine ...

The project is anticipated to have an operational capacity of up to 960MW, which is enough to power the equivalent of around 950,000 homes. The total investment in the project is around £4bn ($5 ...

Ocean-going merchant ships are moving slower than ever. Average speeds across the deep sea cargo fleet in the first quarter this year are at a new low, according to data from Clarksons Research.

Norwegian offshore vessel owner DOF has won a contract award for subsea mooring installation services in the Asia-Pacific region. The contract will utilise the 2010-built construction support ...

Full details of the US port fees on China-linked tonnage are likely to be revealed later this month. American deliberations on charging more for Chinese-linked tonnage has already seen a shift in ...

Local private equity firm IMM has spent KRW173.3bn ($118.5m) to buy 20.77% of Hyundai LNG Shipping from Daishin Private Equity giving it full ownership of the Korean gas shipowner. IMM originally ...