Corporate News

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.

The headquarters of the IMO in London

Carnival Eyes More Fleet Upgrades After AIDA Success

Carnival Corporation to expand ship refurbishments across additional brands following results of AIDA Evolution modernization program.

Close up of the Carnival Elation cruise ship

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.

A Hurtigruten cruise ship at sea

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.

An offshore windfarm at sundown

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.

Skyscrapers in Dubai at night

MSC Cruises Enhances Aurea Spa Wellness Experience

MSC Cruises introduces upgraded MSC Aurea Spa offering, bringing guests more wellness, beauty and personalized treatment options.

A woman receiving a massage in a luxury spa

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.

An offshore windfarm

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.

The Kai Tak cruise terminal in Hong Kong

Alexandria Welcomes Aroya Cruises Interporting Operations

The Alexandria Port Authority has marked the launch of interporting operations in Egypt in partnership with Aroya Cruises.

Small boats in the harbour at Alexandria, Egypt

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.

The Francis Scott Key bridge in Maryland, before its collapse

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.

A view across the skyscrapers of Hong Kong

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.

The Swedish and Indonesian flags intertwined

Royal Caribbean Honors Seward Greenhouse Business

Boats in the harbor at Seward, Alaska

Celestyal to Show World Cup Matches Live Onboard

The FIFA WorldCup trophy and a goal

Vancouver Marks One Million Biometric Cruise Passengers

The Port of Vancouver reaches significant milestone, welcoming its one millionth cruise passenger through its facial biometric embarkation system.

The Vancouver cruise terminal with a cruise ship docked alongside

Independence Day Cruise Sale Announced by Costa

Costa Cruises North America has introduced an Independence Day Sale featuring balcony staterooms for the price of ocean view cabins.

The Costa Favolosa cruise ship at sea

Suez Canal Raises Transit Surcharges Across Key Sectors

The Suez Canal Authority announces higher transit surcharges for most vessel categories, increasing costs for ships using the waterway from July 15.

The Suez Canal as it passes through Egypt

TAG Heuer Hosts Monaco Grand Prix Event at Sea

Swiss luxury watchmaker TAG Heuer hosted one of the most exclusive gatherings of the Monaco Grand Prix weekend aboard the Le Dumont-d'Urville.

Ponant's luxury expedition ship, the Le Dumont-d'Urville.

Retail Giant Lidl's Tailwind Registers First Ship Under German Flag

Tailwind Shipping Lines, the container shipping subsidiary of German retailer Lidl registers its first vessel under the German flag.

The exterior of a Lidl supermarket

Carnival Wins Seattle Sustainability Awards

Carnival Corporation and Carnival Cruise Line receive Sustainable Century Awards from the Port of Seattle in recognition of their environmental initiatives.

Close up of the Carnival Elation cruise ship at sunset