Samsung Heavy Industries said an arbitration tribunal ruled during the week of December 12 that SHI must pay $290 million to SHIKC1 Shipholding S.A. and SHIKC2 Shipholding S.A.

China’s shipbuilding output increased by 12% year-on-year to 38 million dwt during the period running from January 2023 to November, making up50.1% of the planet’s total output.

The finalists and the award winner will be recognized at the 2024 Salute to Women Behind the Wheel in Louisville, Kentucky on March 22, 2024.

Maersk said December 14 that its vessel, Maersk Gibraltar, was targeted by a missile when traveling from Salalah, Oman to Jeddah, Saudi Arabia.

Star Bulk Carriers' shareholders will own 71% of the company while the remaining 29% will be owned by Eagle Bulk shareholders.

People in trucking have been doing the same thing the same way for a long time, so getting them to commit to new technology is a little bit of a challenge.

It’s not too late to course-correct your data practices, but you have to take that first step sooner rather than later.

The trucker's lawyers rejected an attempt to resurrect the company shortly after an auction in bankruptcy court raised nearly $1.9 billion for a swath of terminals around the country.

The 234-meter-long, 40-meter-wide ship would be the world’s largest PCTC with 14 decks that allow 11,000 car equivalent units to be stored simultaneously.

Instances of harsh braking were higher the week before and after Thanksgiving when compared to the actual week of the holiday.