MSC Fleet Surpasses 7 Million TEU Milestone
MSC, world’s largest container shipping line, reaches another record-breaking milestone with data showing its fleet now exceeding 7 million TEU.
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New Infrastructure Tax Impacts Iceland’s Cruise Industry
A number of cruise ships are reportedly steering clear of Icelandic ports following the introduction of a new infrastructure tax in 2025.
India and Netherlands Sign MoU to Boost Maritime Ties
India and Netherlands sign an MoU and Letter of Intent aimed at strengthening maritime collaboration and developing a green digital sea corridor.
Carnival and Miami Heat Donate $1 Million for Jamaica Relief
Carnival, Miami Heat and Micky & Madeleine Arison Family Foundation donate $1 million to Direct Relief to support recovery from Hurricane Melissa.
COOEC Wins $800M PTTEP Contract for Thai Offshore Work
China Offshore Oil Engineering Co. secures major contract from Thailand’s PTTEP for the construction of a wellhead platform and subsea pipelines.
CMA CGM and RSGT Plan New Terminal at Jeddah Port
CMA CGM signs term sheet with Saudi Arabia’s Red Sea Gateway Terminal to explore joint venture for the construction and operation of new facility
Royal Caribbean Celebrates Crew With Beyond BOLD Week
Royal Caribbean launches Beyond BOLD Crew Week, a fleetwide celebration honoring the 70,000 dedicated crew members who bring every cruise to life
Panama Canal Seeks Partners For New Port Developments
Panama Canal Authority begins consultation process with maritime industry leaders to explore potential partnerships for developing new terminals.
Queen Mary 2 To Star In America’s 250th Celebration
Cunard announce Queen Mary 2 to play role in New York Harbor on July 4th, the official commemoration of 250th anniversary of American Independence
Stockholm Cruise Season Ends With Strong Growth
Ports of Stockholm announce close of this year’s cruise season, noting rebound in activity and increase in ship visits compared to last year.
EU Targets Russia’s Shadow Tanker Fleet With New Powers
The EU is to take its toughest stance yet against Russia’s shadow tanker network, unveiling plans to allow member states to board and inspect ships
IMO Fails to Reach Agreement on Net-Zero Framework
Talks at the IMO have ended without consensus on the proposed Net-Zero Framework, leaving the shipping sector uncertain about decarbonization efforts.
Pacific Basin Reflags Half Its Fleet to Singapore
Hong Kong-listed Pacific Basin Shipping announce plans to transfer around half its bulk carrier fleet to Singapore and reflag vessels under subsidiary
RWE Halts Kent Offshore Wind Project in Australia
German energy company RWE announces it will discontinue development of the Kent offshore wind project located off the Gippsland coast, Australia.
China’s New Port Fees Create Costly Strain for US Ships
The German owners of the US-flagged Panamax vessel Matson Waikiki are facing a hefty $1.7 million (RMB 12.1 million) fee to dock in Shanghai.