News

[ad_1] HudsonAnalytix, Inc., an international business risk solutions company, and Maritime Street, global strategic advisors on digital trade logistics, have formed a strategic partnership to help governments, port authorities, port communities, port community system operators, and other key parties accelerate digitalization of maritime trade processes...

[ad_1] Saudi-backed forces destroyed another two bomb boats off the coast of Salif, Yemen on Thursday, according to Saudi coalition spokesman Col. Turki al-Malki. "[The boats] were prepared to imminently execute hostile and terrorist actions in the Bab Al Mandab Strait and Southern Red Sea," al-Malki...

[ad_1] In remarks during a visit to U.S. Southern Command headquarters Friday, President Donald Trump said that his administration is working on a plan to procure as many as 10 icebreakers from "a certain place." "We have under construction right now the largest icebreaker in the...

[ad_1] The town council for Bar Harbor, Maine has decided to ban further cruise ship calls through the end of 2020 due to the continued risk of COVID-19, extending a local moratorium that expired July 1.  Large cruise operators have already shut down North American cruising...

[ad_1] The ratings agency Moody's has downgraded its forecast for the deep-sea shipping industry this year, and it now expects that earnings will contract by as much as 18 percent compared with 2019.  "We now expect the aggregate EBITDA of rated shipping companies to fall by...

[ad_1] The U.S. maritime industry offers significant opportunity for U.S. or foreign shipowners, lenders and investors. With massive coastlines on three sides and the largest inland water river system in the middle, the world’s largest economy has a dynamic maritime system that stretches from government...