Norwegian Offshore Wage Deal Averts Strike on Key Assets
Norwegian labor unions representing employees on drilling rigs and floating production platforms have reached a wage agreement.
Corporate News
PSA Invests in Major Deepwater Port Expansion in Vietnam
PSA Vietnam has entered into an agreement to invest in Lach Huyen Port Investment Joint Stock Company.
COSCO Orders 24 Bulk Carriers in $1.27 Billion Expansion
COSCO Shipping Development has placed orders for 24 new dry bulk vessels valued at RMB8.66 billion ($1.27 billion).
CMA CGM to Buy FedEx Supply Chain in $1.4 Billion Deal
CMA CGM Group has reached an agreement to acquire FedEx Supply Chain from FedEx in a transaction worth $1.4 billion.
TUI River Cruises Reveals Biggest-Ever Winter 2027 Season
TUI River Cruises has revealed its winter 2027 program, describing it as the largest winter season the cruise line has ever launched.
Mintra and MARINA Partner to Advance Filipino Seafarer Training
Maritime training and workforce management provider Mintra signa MOU with MARINA to strengthen digital learning and skills development.
Celebrity Cruises Wins Record 25 Wine Spectator Awards
Celebrity Cruises reaches milestone, earning 25 Wine Spectator Awards for 2026, the highest number the brand has received to date.
Siera Marine Wins Funding to Expand Australian Seafarer Training
Australia's Siera Marine Management secures funding through government’s Maritime Skills and Training Initiative to increase qualified seafarers.
IMO Backs Carbon Mineralization Pathway for Shipping
Proposal to classify carbon mineralization as a permanent carbon storage method for shipping receives in-principle backing at the IMO.
Carnival Eyes More Fleet Upgrades After AIDA Success
Carnival Corporation to expand ship refurbishments across additional brands following results of AIDA Evolution modernization program.
Hurtigruten Secures €430M Refinancing Deal to Support Growth
Hurtigruten Group has finalized a €430 million refinancing package for its debt facilities, strengthening its financial position.
Scotland Invests £1.7M in Offshore Wind Skills Development
Three initiatives across Scotland have secured nearly £1.7 million ($2.25 million) in funding to strengthen training opportunities.
Dubai-Based Mayborne Bulk Launches New Shipping Venture
A new dry bulk shipping company has been established in Dubai by two experienced figures from the maritime industry.
MSC Cruises Enhances Aurea Spa Wellness Experience
MSC Cruises introduces upgraded MSC Aurea Spa offering, bringing guests more wellness, beauty and personalized treatment options.
Skyborn Sells Stake in Major German Baltic Wind Project
Skyborn Renewables agrees to sell 25% interest in Gennaker offshore wind farm in German Baltic Sea to Stadtwerke München.
Kai Tak Cruise Terminal Wins Muslim-Friendly Transport Award
The Kai Tak Cruise Terminal in Hong Kong has received the Muslim-friendly Transport Hub of the Year title at the Halal in Travel Awards 2026.
Alexandria Welcomes Aroya Cruises Interporting Operations
The Alexandria Port Authority has marked the launch of interporting operations in Egypt in partnership with Aroya Cruises.
Dali Chief Engineer Admits Safety Breach in Bridge Case
Prosecutors enter into deferred prosecution agreement with chief engineer of the Dali after he acknowledged conduct that amounted to criminal violation.
Hong Kong Plans New Tax Breaks for Maritime Trade
Hong Kong to roll out tax incentives for shipping-related businesses as effort to reinforce its role as leading global center for maritime services.
Swedish Firm Wins Major Subsea Contract for Indonesia Gas Hub
Swedish company Alleima secures subsea tubing contract valued at approx. SEK 995 million linked to one of Indonesia’s largest offshore gas projects.