Corporate News

India Detains Three Tankers in Offshore Oil Smuggling Case

India’s coast guard took custody of three tankers located 100 nautical miles west of Mumbai, targeting an international oil smuggling network.

A close up of the Indian flag

MSC Expands LNG Container Ship Order With Eight More Vessels

MSC takes another step toward expanding its LNG-powered fleet by confirming options for eight additional 11,500 teu dual-fuel containerships.

An MSC container ship at sea being pulled by a tugboat

Costa Cruises Celebrates World Nutella Day at Sea

Costa Cruises celebrated World Nutella Day on February 5 with a variety of Nutella-themed treats served at its onboard Nutella Bar, the company said

jars of Nutella chocolate spread on shelves

Harren and NSB Launch New Manning Firm in Philippines

German shipmanagement and shipping companies Harren Group and NSB Group have established a new crewing agency, Albireo, in the Philippines.

A view across Manila in the Philippines

Maersk and ONE Report Losses as Container Market Weakens

Pressure on the container shipping sector deepens after Maersk joined ONE in reporting losses in its ocean business for the final quarter of 2025.

A Maersk container ship in a port

Car Carrier Ordering Slows as Overcapacity Risks Rise

Previously booming newbuild market for car carriers is losing momentum, with concerns about excess capacity growing across the PCTC sector.

A car carrier vessel at sea

Virgin Voyages Launches Valentine’s Day Breakup Hotline

Virgin Voyages introduces Valentine’s campaign, Breakup Line, a hotline where people can leave messages ending it with things that no longer fit them

A red felt broken heart on a white background

China’s Shipyards Shift Toward AI-Driven Cruise Ship Building

China’s shipbuilding sector is moving into a new phase shaped by faster production, advanced automation, and the growing use of AI in its processes

A cruise ship being built in a Chinese shipyard

Royal Caribbean Expands Use of AI to Enhance Guest Experience

Royal Caribbean Group is leveraging AI and generative AI to improve performance and strengthen operations, according to Chairman/CEO Jason Liberty

A neon lit cube with the letters AI on it

Carnival Expands Cheers! Zero Proof Package for 2026

Carnival is extending its Cheers! Zero Proof beverage package to every cruise departing in 2026, according to Brand Ambassador John Heald.

A hand pouring a bottle of soda into a glass

Costa Launches Valentine’s Day Cruise Sale With Cabin Deals

Costa Cruises introduces a special Valentine’s Day promotion tied to Valentine’s Day on February 14 and National Take a Cruise Day on February 3.

The Costa Favolosa cruise ship

APM Terminals Ready to Step In at Panama Canal Ports

Maersk-controlled APM Terminals has indicated that it may take on a temporary role in operating the Balboa and Cristobal terminal facilities.

The flag of Panama flying against a grey sky

India Launches $1.2bn Plan to Boost Container Production

Finance Minister Nirmala Sitharaman announces initiative that includes ₹10,000 crore program to build domestic container manufacturing industry.

Princess Cruises Announces 2% Pay Raise for Crew in 2026

Princess Cruises has introduced a salary increase for eligible crew members, acknowledging their dedication and performance throughout 2025.

A close up of a Princess cruise ship showing the company's logo

Victoria to Launch Australia’s First Offshore Wind Auction

The Australian government has confirmed it will move ahead with the nation’s first offshore wind auction, to be held in the state of Victoria.

An offshore wind farm against a blue sky

Stonepeak and CMA CGM Form $10bn Global Terminal Venture

US infrastructure investment firm Stonepeak enters into major joint venture agreement with CMA CGM in terminal deal valued at nearly $10 billion.

A CMA CGM container ship at sea

FMC Fines MSC $22.67m for Shipping Act Violations

The Federal Maritime Commission, the US shipping regulator, issues $22.67 million fine to MSC for three violations of the country’s Shipping Act.

An MSC container ship at sea

Royal Caribbean Orders New Discovery Class Ships in France

Royal Caribbean Group announces agreements with Chantiers de l’Atlantique in France, securing construction of its upcoming Discovery Class ships.

The Royal Caribbean logo on the hull of a cruise ship

Galveston LNG Partners With TOTE on Jones Act Bunker Fleet

Texas's Galveston LNG Bunker Port enters into partnership with TOTE Services to develop, operate fleet of Jones Act-compliant LNG bunkering vessels

Galveston LNG Bunker Port in Texas, USA

ICS Releases New Flag State Table Highlighting Weak Registers

The ICS issues its latest annual flag state performance table, offering the industry a clearer picture of which registries may pose higher risks.

Various flags of the world strung up as bunting