Business News
Wing-in-Ground Craft Startup Regent Secures $300M Leasing Deal
Regent, the manufacturer of a line of battery-electric wing-in-ground craft, has secured a $300 million purchase-and-lease agreeme...
Read More >>Maersk Warns Red Sea Impact Widens Creating Capacity Constraints and Costs
The largest container carriers are warning customers of increased disruptions and costs after the Houthi widened the att...
Read More >>Maersk Raises 2024 Outlook While Cautioning of Long-Term Challenges
Maersk reported what management called “a positive start” to the year in its first quarter results that was...
Read More >>Viking Takes Wall Street by Storm with Best IPO of 2024
Viking, the luxury operator of ocean, river, and exploration cruises, roared onto Wall Street going public today, May 1,...
Read More >>SES Reaches Agreement to Buy Intelsat
The EU-based satellite corporation SES has reached a deal to acquire American competitor Intelsat - the market leader in maritime...
Read More >>Report: Sovcomflot is Renaming and Transferring Flags on More Tankers
Russian shipping company Sovcomflot has reportedly resumed the practice of shuffling around sanctioned tankers in an effort to p...
Read More >>From EVs to Wind Turbines, China is Winning the Clean-Energy War
The EPA has finalized its tailpipe emissions rules for light-duty vehicles beginning in 2027. When initially proposed, t...
Read More >>Whistleblower Reveals Japanese Engine Manufacturer Faked Fuel Data
Japan’s IHI Power Systems Company, a leading manufacturer of engines used in marine and land applications includin...
Read More >>MSC Jumps into Vehicle Transport Offering $700M for Gram Car Carriers
MSC Mediterranean Shipping Company and the Aponte family are making a bold move to break into the hot car and vehicle tr...
Read More >>Healthy Crew, Safe Vessel: Navigating the Importance of PEME Exams
Pre-employment medical examinations (PEME) play a crucial role in ensuring the health and wellness of seafarers in the c...
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