Insured losses arising from a March 10 collision off the eastern coast of England between a cargo ship and a tanker transporting jet fuel for the U.S. military could total up to $300 million, ...

When Russia launched its full-scale invasion of Ukraine in February 2022, few expected the smaller nation to mount an effective naval defense. Ukraine’s navy was modest at best, with limited vessels ...

NEW YORK—Improved design and enhanced safety regulations have helped bring total losses of merchant ships sharply lower over the past seven years, according to the International Union of Marine ...

The global merchant shipping industry is grappling with a fast-changing geopolitical landscape that is creating new risks and challenges, an emerging phenomenon that has the potential to reverse ...

Viking Supply Ships (OM:VSSAB B) remains unprofitable, with no evidence of recent profitability improvement. The net profit margin has not increased over the past year. Still, the company has managed ...