Thomas Callender, a Senior Research Fellow for Defense Programs at The Heritage Foundation, has released a report saying the U.S. needs a 400-ship Navy in order to win in conflict.
Sovcomflot crude oil tanker Gagarin Prospect, operating on LNG fuel, successfully completed her voyage across the Baltic and North Seas from Primorsk to Rotterdam
European Commission’s competition regulators has approved CMA CGM acquisition of Container Finance, the holding company that controls regional container operator Containerships.
Headline rates for shipping liquefied natural gas (LNG) in Pacific and Atlantic basins stand at around $140,000 to $150,000 a day for a 160,000 cubic meter LNG tri-fuel diesel electric (TFDE) vessel, brokers say.
CMA CGM and CEVA Logistics have signed a new partnership agreement that ensures CMA CGM's role as a long-term strategic partner and transfers its freight management services to CEVA Logistics.
MSC Cruises and Fincantieri announced the signing of a memorandum of agreement (MOA) for the construction of four ultra-luxury cruise ships for a total value in excess of EUR 2 billion.
The Canadian government has announced that BAE Type 26 design has been chosen for its $60 billion Surface Combatant project to replace the navy's aging fleet of frigates.
Japanese and Chinese logistics firms are paving the way for an alternative route to ship cargo from Japan to Europe faster than by sea by exploiting China’s “Belt and Road”