Liner companies continue to dominate sale and purchase market where more than half a million teu of secondhand tonnage has ...

The goal is to combine the world-class design ... also commenced a joint ship construction project in the U.S. in collaboration with an American shipbuilder. Recently, HD Hyundai has agreed to jointly ...

Despite setbacks in 2022 and 2023, the firm rekindled margin improvement in 2024 under PSR veteran Jim Vena's leadership. Union-contract wage and benefit inflation will remain a partial margin ...

USV program was announced by the U.S. Navy's Unmanned Maritime Systems Program Office (PMS 406) this week. It seeks to ...

The proposal offers a comprehensive package deal that includes large-scale investments in the US by Korean shipbuilders and ...

With help from the precision scheduled railroading playbook, CSX's adjusted OR improved to 58.1% in 2022, from 66.5% in 2017. Despite setbacks over the past few years, we expect CSX to rekindle OR ...

Sri Lanka’s top court has ordered the owners of a Singapore-flagged container ship that sank in 2021 to pay $1 billion in compensation for causing the most severe marine environment catastrophe in the ...

Sri Lanka’s top court has ordered the owners of a Singapore-flagged container ship that sank in 2021 to pay $1 billion in compensation for causing the most severe marine environment catastrophe ...

COLOMBO, Sri Lanka (AP) — Sri Lanka’s top court on Thursday ordered the owners of a Singapore-flagged container ship that sank near its capital to pay $1 billion in compensation to the island ...