Swire Pacific Offshore (SPO) is the latest maritime-related business to be hit with a cyberattack with a loss of both commercial information and personal data.

Unprecedented $48.1bn earnings for container shipping in Q3 saw the industry surpassing tech giants Facebook, Amazon, Netflix and Google, or FANG, in terms of profitability.

AP Moller - Maersk successfully placed a EUR500m green bond issue to fund its green methanol powered newbuildings.

Although the just released Stats Report from the International Union of Marine Insurance (IUMI) identifies broadly positive trends in 2020, it also highlights specific areas of concern – notably shipboard fires on containerships.

Eight tankers owned by Brightoil will be auctioned online in December this year, after the company’s restructuring bid failed last year.

Container lines raked in massive profits in the third quarter as supply chain disruption and port congestion continued unabated.

Texas-based Noble Corporation and Maersk Drilling have announced they will combine their offshore drilling operations.

Brazil is seeking $4.2bn of private investment into the transportation sector and is specifically promoting opportunities in the port sector.

China Development Bank Financial Leasing (CDB Leasing) is to acquire 16 bulk carriers at a total cost of CNY688m ($107m).

Two of the world’s leading shipowners John Fredriksen and Idan Ofer are investing NOK200m ($23.5m) in Edda Wind as cornerstone investors in its initial public offering (IPO).