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ABF BARGE LLC
ABF Barge, LLC is a standalone subsidiary of ArcBest Corporation, which is a leading logistics company with a wide array of services. ABF Barge, LLC specializes in providing barge transportation solutions, predominantly for bulk and heavy cargo. The company operates primarily on inland waterways, including major
American Marine Corporation
American Marine Corporation (AMC) is a well-established company that specializes in marine construction, commercial diving, and professional diving services. Founded in 1961, the company has grown to become a significant player in the maritime industry, with a reputation for quality, safety, and reliability.
APL Maritime Ltd.
APL Maritime Ltd. (APL) is a fully owned subsidiary of the CMA CGM Group, one of the world's leading container shipping companies. Based in the United States, APL Maritime Ltd. primarily focuses on providing shipping and logistics services, including managing a fleet of vessels and ensuring the transportation of
ATEL MARITIME INVESTORS, L.P.
ATEL Maritime Investors, L.P. is one of the investment entities managed by ATEL Capital Group. ATEL Capital Group is a financial services company that specializes in asset-backed finance, including equipment leasing, asset management, and private equity. Its range of investment offerings is designed to provide
BAE SYSTEMS SAN DIEGO SHIP REPAIR INC.
BAE Systems San Diego Ship Repair Inc. is a subsidiary of BAE Systems Inc., which is the U.S. arm of BAE Systems plc, a British multinational defense, security, and aerospace company. The San Diego Ship Repair division specializes in shipbuilding, maintenance, and repair services, particularly for the United States
Chevron Shipping Company LLC
Chevron Shipping Company LLC is a division of Chevron Corporation, one of the world's leading integrated energy companies. Chevron Shipping plays a crucial role in Chevron's supply chain by managing the marine transportation of crude oil, liquefied natural gas (LNG), refined products, and other commodities.
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Maritime News
Maersk, Hapag-Lloyd: No immediate return to Red Sea
Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after the ceasefire between Hamas and Israel was announced.Both companies said they would be closely monitoring the situation in the Middle East and would return to the Red Sea once it was safe to do so."The agreement has only just been reached. We will closely analyze the latest developments and their impact on the security situation in the Red Sea," a Hapag-Lloyd spokesperson told Reuters."It is still too early to speculate about timing," a Maersk spokesperson said.
What Keeps Business Leaders Awake at Night?
Cyber, business interruption and natural catastrophes are the risks of most concern for businesses globally according to the Allianz Risk Barometer 2025 - as voted for by a record 3,778 risk management experts from 106 countries and territories.Cyber incidents (38% of responses, a record 7% points ahead) consolidates its position as the most important risk.The risk impact of new technologies and developments in artificial intelligence (AI) is a new entrant in the top 10 global risks at #10.Closely interlinked to cyber, business interruption is ranked #2 (31%), just ahead of another related risk, natural catastrophes at #3 (29%).Climate change is another standout result in 2025.
MOL and JERA Ink Charter for LNG Carrier Newbuild
Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with a vessel operation management company funded by JERA.This is the eighth contract for LNG carrier signed with JERA. The vessel will be built at the Geoje Shipyard of Samsung Heavy Industries, and is scheduled for delivery in 2026.It will be 290 meters long, with a breadth of 45.8 meters. It will feature a membrane tank of 174,000 m3.The vessel will be managed by MOL and will transport LNG for JERA.
Pirates: More Guns, More Hostages
The ICC International Maritime Bureau (IMB) has reported an increase in the number of crew taken hostage or kidnapped in 2024.The IMB annual Piracy and Armed Robbery Report recorded 116 incidents against ships in 2024 compared to 120 in 2023 and 115 in 2022. It reveals that 94 vessels were boarded, 13 attempted attacks, six vessels hijacked and three fired upon.While the number of reported incidents in 2024 remains similar to those reported in 2023 and 2022, the number of crew taken hostage or kidnapped increased to 126 taken hostage in 2024 compared to 73 in 2023 and 41 in 2022. Twelve crew were reported kidnapped, compared to 14 in 2023 and two in 2022.
James Fishers Orders Four LNG Dual-Fuel Tankers
James Fisher and Sons has ordered four new LNG dual-fuel tankers from China Merchants Jinling Shipyard (Yangzhou) Dingheng as part of its ‘fleet of the future’ business strategy.The new tankers, which will carry oil products and IMO Class II chemicals, will have LNG dual-fuel propulsion capability, expected to help to reduce operational CO2 emissions and associated environmental impact over the long-term.A number of features that will add to the overall sustainability of the new builds have been carried over from recent additions to the company’s fleet, vessels Sir John Fisher and Lady Maria Fisher.