$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
Germany Halts COSCO’s 80% Stake in Key German Freight Firm
Berlin vetoes Chinese state-owned COSCO’s bid for Konrad Zippel.
Business
Top Ships locks in $1.24bn tanker backlog with GSI quartet
Greek owner doubles MR newbuilding pipeline to 14 vessels with $317m revenue potential from four Ice Class 1A product.
Business
US Supreme Court ends Garten Trucking’s fight against union bargaining
Supreme Court denies certiorari, leaving NLRB order for Virginia firm to negotiate with union intact
Business
$125m gamble: Why Solstad is buying its largest CSV a year early
Norwegian owner exercises $125m option to acquire 178-metre Normand Maximus CSV in October 2027.
Business
US Navy Bets $137m on Ursa Major to Break Missile Production Bottleneck
The two contracts fund solid rocket motors for next-gen air and naval missile programmes.
Business
Shintech throws weight behind UP-NS rail merger as rivals cry foul
US PVC giant Shintech backs Union Pacific-Norfolk Southern tie-up, citing eastern US market access
Business
$377k extra: How Iran war sent shipping fuel bills soaring 74%
VLSFO in Singapore hits $886 per tonne—up 74% since February 28—adding over $1.1m to a 3,000-tonne stem.
Business
STG Logistics names UPS veteran as CEO after $1bn debt cut
Jack Holmes takes over as STG Logistics slashes 90% of its debt and secures $150m in new capital
Business
$4.2bn Zim deal stalls as Israel demands maritime safeguards
Israel’s Government Companies Authority halts review, forcing a revised proposal to protect national maritime security.
Business
$5.8bn deal reshapes US logistics: C.H. Robinson swallows RXO
C.H. Robinson pays $30.25 per share in cash and stock for RXO, creating a $25bn logistics giant.
