Cargo ships can lose anywhere from a single container to hundreds at a time in rough seas. Experts disagree on how many are ...

Broker Gallagher says International Group has resisted temptation to increase the overall limit of reinsurance ...

On December 16, the tanker Mercury lost propulsion due to a failure of its main engine, around 30 miles northeast of Simushir island in the Russia's fareastern Sakhalin region. A day earlier, the ...

There were some tense moments as another cargo ship lost ... The 965-foot, Liberia-flagged container ship Bellavia managed to return to port on its own after briefly losing engine power around ...

Of course one of the big attractions for shipping firms, is the costs saved by not having a crew aboard. One team could potentially monitor several ships, says Mr Jalving. Plus it's safer for a ...

Container ships have revolutionized shipping, making it more cost-effective and efficient to transport goods across oceans. Malcom McLean, an American entrepreneur, introduced the concept of ...

Container ships will bear the brunt of a sharp rise in reinsurance costs in 2025 because of the estimated multibillion-dollar ...

Although the shipping industry is currently struggling with falling demand and too many conventionally-powered ships that it had built when demand surged in 2020, this kind of new container ship ...

Tug boats working on the Ever Given on Saturday night A huge container ship that ... join effort to dislodge Suez Canal ship How do you refloat a giant cargo ship? The wind speed at the time ...