$186m FMC claim: Samsung takes CMA CGM to the wall
Samsung Electronics America files FMC complaint over 121,000 disputed charges from 2020 onwards.
Business
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Business
Alam Maritim CEO charged: $7.8m fraud in vessel charters
Azmi Ahmad faces two counts of fraud over alleged discrepancies in offshore vessel charter rates totalling $7.8m.
Business
US Bidder Outbids Hanwha for Austal USA in $1.35bn Shipyard Showdown
Florida’s Wildcat Infrastructure offers up to $1.35bn for Austal’s US operations, topping Hanwha’s $1.2bn proposal.
Business
$186m dispute: Why Samsung is suing CMA CGM over pandemic shipments
Samsung Electronics America seeks $186m from French carrier over alleged failures in store-door deliveries during.
Business
US Maritime Workforce Surges: 58,000 Trainees Annually
MARAD designates 16 new maritime training institutions as Centers of Excellence.
Business
HMM Bets $3.5B on 25-Year Ore Pact with Vale: The Fleet Behind the Deal
HMM secures a $3.5 billion contract with Vale, ordering eight 210,000 dwt bulk carriers to service the 25-year deal.
Business
Nobu Su’s 20% fuel gamble: can a new bow rewrite shipping’s rules?
Former TMT boss Nobu Su seeks industry funding to test a radical hull design promising around 20% energy savings.
Business
Seahawk launches $1bn fund to fill shipping’s credit gap left by banks
New Luxembourg-based fund targets mid-sized owners with seven-year loans as traditional lenders tighten terms.
Business
$186m Claim: Samsung Takes CMA CGM to US Maritime Regulator
Samsung Electronics America files complaint with FMC alleging over 121,000 unlawful charges for delayed container.
Business
Kongsberg Buys Arctic Propulsion Leader in $400m+ Deal
Kongsberg Maritime seals deal for Finland’s Steerprop, boosting Arctic vessel capabilities with 400+ installed systems.
Business
Venergy locks in $168m suezmax deal as fleet expansion hits 30 ships
Greek owner Venergy Maritime firms two more 158,000 dwt tankers at China’s Hengli Shipbuilding for $84m each.
