Corporate News

Olam Agri and Vitol Trial Cashew-Based Marine Fuel in Singapore

Olam Agri, Vitol Bunkers complete what they say is Singapore's first bunker delivery of very low sulfur fuel oil co-processed with cashew nutshell liquid.

Cashew nuts

MACN Launches Global Platform to Track Port Corruption Risks

Maritime Anti-Corruption Network introduces GPIP, a data-based tool to help companies and crews understand corruption risks at ports.

Two people shaking hands while one passes money to the other in the palm of his hand

Virgin Voyages Sets New Revenue Record as Demand Surges

Virgin Voyages achieves highest-ever revenue day on August 13, beating record previously set during Black Friday 2025.

Virgin Voyage's cruise ship, the Scarlet Lady

Lyttelton Port Plans NZ$821m Expansion for Growing Trade

Lyttelton Port Company (LPC) is moving forward with an NZ$821m ($476m) development at Te Awaparahi Bay.

Lyttelton Port in New Zealand

Fred. Olsen Becomes First Cruise Line to Sign Seafarer Pledge

Fred. Olsen Cruise Lines has become the first cruise line to sign the Merchant Navy Welfare Board's (MNWB) Seafarer Pledge.

Fred. Olsen's cruise ship the Balmoral

DP World Revenue Rises 13% Despite Middle East Disruption

DP World report 13.1% increase in first-half revenue as growth throughout ports and logistics operations help counter Middle East disruption.

DP World Revenue Rises 13% Despite Middle East Disruption

MSC Shipmanagement Fined $6m Over Charleston Engine Control Failure

MSC Shipmanagement receives $6 million fine and on probation after admitting it concealed engine-control issue aboard MSC Michigan VII.

A view of Charleston, South Carolina from the water

Spain Approves €1.57bn Investment for State-Owned Ports

Spain has approved €1.57 billion ($1.8 billion) in public investment for its state-owned port network in 2027.

The Port of Barcelona, Spain

China Cuts Detentions of Panama-Flagged Ships After Talks

Number of Panama-flagged ships detained in Chinese ports drops significantly following discussions between Beijing and Panama City.

The flag of Panama

Kalmar and APM Terminals Partner on Terminal Automation

Kalmar and APM Terminals enter into partnership to advance the development and rollout of the Kalmar One automation platform.

An APM Terminals branded crane

ICTSI Extends Manila Container Terminal Deal Until 2063

ICTSI awarded 25-year extension to concession for Manila International Container Terminal, allowing them to operate until May 2063.

Manila container port

Celebrity Cruises Raises Daily Gratuities Across All Cabins

Celebrity Cruises introduces higher automatic daily gratuities for all guests; revised charges came into effect immediately July 29, 2026.

The Celebrity Eclipse cruise ship

CMA CGM and Stonepeak Launch Global Terminal Joint Venture

CMA CGM and Stonepeak finalize creation of United Ports, a venture that brings together nine container terminals across five countries.

A CMA CGM container ship at dusk

MSC and ORCA Launch Whale Research Partnership in Alaska

The MSC Poesia cruise ship

COSCO Advances $1.1bn Tianjin Shipyard Expansion Project

COSCO Shipping Heavy Industry is pressing ahead with plans to develop an RMB8 billion ($1.1 billion) shipbuilding complex in Tianjin, China.

A COSCO Shipping vessel in a port

UK Supreme Court Backs Buyer Compensation in Ship Sale Case

UK Supreme Court rules buyers may claim loss-of-bargain damages under the Norwegian Saleform 2012 contract when seller's negligence delays delivery.

Scales, books and a judge's gavel on a desk

Chinese Shipyards Set New Record for First-Half Ship Orders

Chinese shipyards secure more shipbuilding orders in first six months of 2026 than in any previous full calendar year.

The flag of China flying against a blue sky

Port of Rotterdam Cargo Volumes Edge Higher in First Half

The Port of Rotterdam handled 212 million tonnes of cargo during the first six months of 2026, representing a 0.4% increase.

The Port of Rotterdam, the Netherlands

Royal Caribbean Expands Community Investment in Mahahual, Mexico

Royal Caribbean announces plan to build Mahahual K’iin Community Center, designed to benefit residents of Mahahual, Mexico.

Straw roofed buildings in Mahahual, Mexico

DP World Port Botany Gates to Close During Industrial Action

DP World to temporarily close the gates at Port Botany for four hours on Friday as protected industrial action impacts landside operations.

Aerial view of a container terminal