The Water Resources Development Act (WRDA) of 2022 on Thursday passed in the Senate by a vote of 83-11. It was included as part of the FY23 National Defense Authorization Act (NDAA). The bill, which passed in the House of Representatives on December 8…

The Baltic Exchange's dry bulk sea freight index rose on Friday and posted its biggest weekly percentage gain since late-September, buoyed by strong demand for capesize vessels.The overall index, which factors in rates for capesize, panamax…

Fixed container securing arrangements on containership APL England were in poor state of repair and corroded prior to loss of dozens containers in heavy seas off Sydney, an Australian Transport Safety Bureau (ATSB) investigation found.The Singapore…

Barbara Muckermann, currently chief commercial officer at Silversea Cruises, will become the company’s next president and CEO, and will join parent company Royal Caribbean Group’s executive committee, effective January 1.Muckermann will succeed Roberto Martinoli…