It’s the middle of the night in April 2023 in the East China Sea. A North Korean-linked oil tanker, sailing under different country’s flag, suddenly goes dark. It stops transmitting its location using the Automatic Identification System (AIS) machine that all larger commercial ships have on board. To the casual observer looking at a computer...

Several massive new deals have been signed by car carrier Wallenius Wilhelmsen. Firstly, it has entered into a three-year, USD$700 million (about A$1,027 million), three-year shipping contract with an Asian auto manufacturer. Rates are said to be in line with current market levels and include a two-year extension option, subject to mutual agreement. The agreement incorporates a...