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Exchange traded funds
Cathie Wood takes her Ark ETFs to Europe as US investors jump ship
Flagship fund is down nearly 17% in 2024 while its outflows have totalled more than $1.8bn
April 17, 2024
Houthi movement
The mysterious Iranian ship accused of lining up the next Houthi targets
...There were few effective attacks on ships during that period, and a sudden upsurge around the time that ship-tracking data shows it returning to the Gulf of Aden....
March 9, 2024
FT Live
Building an AI-First Organisation
How can business leaders use AI to drive value?
Thursday, 25 AprilHôtel Lutetia, Paris, France
War in Ukraine
Russian ‘dark fleet’ lacks disaster insurance, leaks suggest
...Building this fleet allows Russia to sell oil above the cap....
March 15, 2024
Pollution
Climate graphic of the week: World’s worst hotspot for oil pollution by ships
...It trailed a ship in such a way that it appeared to be the result of intentional dumping....
March 23, 2024
Asia maritime tensions
Chinese research ships increase activity near Taiwan
..., a satellite data company, analysed by the Financial Times....
February 26, 2024
Middle East conflict
Iran seizes Israel-linked container vessel
...The ship is owned by Gortal Shipping, a finance company affiliated with Zodiac Maritime, a company controlled by Israel’s Ofer family....
April 13, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Baltimore
Big ships, big problems
...The ships coming and going from the marine terminals in Baltimore are already operating at the limits of what the harbour itself can provide, and ships are only getting larger....
March 28, 2024
Disrupted Times
Ships avoid Suez Canal as fear of Houthi attacks lingers
...not mean shipping companies are rushing back to use the strategically vital Suez Canal....
February 12, 2024
Container shipping
Container lines ‘struggling’ with port congestion and ship shortages
...Shares in Denmark’s AP Møller-Maersk, operator of the world’s second-largest container ship fleet, fell sharply this month after its chief executive warned that industry overcapacity would put the company...
February 20, 2024
Mergers & Acquisitions
Coventry Building Society agrees £780mn merger with Co-op Bank
...Its ill-fated 2009 takeover of Britannia Building Society during the financial crisis exposed it to a pile of bad loans and a £1.5bn capital shortfall....
April 18, 2024
Shipping
Somali pirates seize ship as global naval forces focus on Houthi threat
...Bangladeshi media outlets reported the ship had 23 crew members. The vessel is managed by SR Shipping, part of a steelmaking company called the Kabir group....
March 12, 2024
News updates from January 15: US-owned commercial ship hit by missile off Yemen, German output contracts 0.3% in 2023
US-owned commercial ship hit by missile off Yemen
...Ambrey Intelligence, a UK-based maritime security company, said the missile had caused a fire in one hold of the vessel but that it remained seaworthy....
January 15, 2024
Automobiles
European ports turned into ‘car parks’ as vehicle imports pile up
...The situation has had a knock-on effect on ships unloading their cars....
April 9, 2024
CMA CGM SA
Red Sea crisis causes surge in container ship costs, warns CMA CGM
...CMA CGM has also invested hugely in new areas such as air cargo and on more environmentally friendly ships....
February 23, 2024
Technology
Telecoms groups reroute Red Sea internet traffic after Houthi attacks
...Multiple companies said they had taken action after reports that submarine cables in the seabed had been cut by an anchor from the Rubymar ship, which was abandoned in February after it was targeted and...
March 16, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
News in-depthMiddle East
Houthis blow open murky world of ship nationality
...Ship-owning companies are frequently incorporated in a country other than their ships’ flag states....
March 5, 2024
Transcript
Transcript: US-owned ship attacked off Yemen
...The ship’s crew and cargo in this latest attack were not seriously harmed, but many of the world’s largest shipping companies have stopped using the Red Sea route....
January 16, 2024
Shipping
India’s navy frees ship hijacked by Somali pirates
...The Ruen, owned by Bulgarian shipping company Navibulgar, had been seized by pirates in December....
March 17, 2024
Houthi movement
Three killed in Houthi attack on cargo ship off Yemeni coast
...Its crew all abandoned ship safely....
March 7, 2024
Houthi movement
Crew abandons ship in most damaging strike yet by Yemen’s Houthis
...Its registered owner is a company called Golden Adventure Shipping, with an address in the UK port of Southampton. It was not clear, however, who ultimately controlled the ship....
February 19, 2024
Electric vehicles
Ship shortage holds up Chinese EV sales in Europe
...“Partly, lots of cars are being moved around . . . and there haven’t been many new buildings [of ships] coming into the market”....
January 8, 2024
Electric vehicles
BYD rejects EU claims subsidies help reduce price of China-made cars
...The company has also launched its own car-carrying vessel to ship vehicles from China, an industry first....
February 26, 2024
News updates from January 3: US job openings fall to 32-month low, Blasts kill about 100 in Iran
Oil prices rise as container ships avoid Red Sea amid attack fears
...Oil prices jumped more than 2 per cent on Wednesday as the threat of Houthi rebel attacks on container ships in the Red Sea continued to roil commodity markets....
January 3, 2024
Peru
China megaport builder hits back as Peru moves to scrap exclusivity deal
...The company is building Chancay along with a junior partner, Peruvian mining company Volcan....
March 26, 2024
Travel & leisure industry
China’s first homegrown cruise ship sails from Shanghai
...CSSC and Adora Cruises did not respond to a request for comment on the specifics of Adora Magic City’s maiden trip and plans for cruise ship building in China....
January 1, 2024

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