Corporate News

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.

Flags of the world flying outside an office block

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

The flag of Singapore flying against a blue sky

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.

An offshore windfarm

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.

The Shanghai Pudong skyline at dusk

MSC Foundation Joins Global Conservation Congress

MSC Foundation announced it participated in IUCN World Conservation Congress last week to advance global sustainability and environmental efforts.

The MSC Divinia cruise ship anchored off a sandy beach

Fred. Olsen Partners with RWS Global for New Entertainment

Fred. Olsen Cruise Lines unveils partnership with renowned entertainment company RWS Global to elevate the onboard entertainment experience.

Fred. Olsen's Borealis cruise ship

China Begins Charging Special Port Fees on US Ships

China officially started imposing special port fees on vessels that are owned, operated, built, or flagged in the United States on Tuesday 14th.

A container ship in the Port of Shanghai

Park West Gallery Partners with Margaritaville At Sea

Park West Gallery unveils partnership with Margaritaville at Sea Cruise Line, bringing its renowned art program aboard the Paradise and Islander.

Brightly coloured abstract paintings in an at gallery

CMA CGM Signs Deal with Cochin Shipyard for Six LNG Ships

France-based CMA CGM has signed a letter of intent with Cochin Shipyard Ltd (CSL) in India to construct six LNG-powered feeder containerships.

A CMA CGM container feeder vessel at sea

PNSC Expands Fleet with $193 Million Tanker Acquisition

Pakistan National Shipping Corporation (PNSC) has approved the purchase of three secondhand oil tankers worth approximately $193 million.

The flag of Pakistan

Costa Serena To Serve As Floating Hotel for Asian Games

Costa Serena to serve as floating hotel during 2026 Aichi-Nagoya Asian Games in Japan, accommodating athletes and officials while in Nagoya Port.

The Costa Serena cruise ship in dock

Maersk Tests Methanol-Ethanol Blend Aboard Laura Maersk

Maersk has begun onboard fuel trials using a methanol-ethanol blend as part of its push to develop cleaner, more sustainable fuel solutions.

A Maersk container ship at night

US Threatens Sanctions Over IMO Net Zero Shipping Plan

Trump administration escalated trade and maritime policies, warning countries supporting the IMO's Net Zero Framework could face sanctions.

The White House in Washington DC

China Strikes Back with Port Fee Hike on US-Linked Ships

Over the weekend several ships bound for China reversed course after Beijing unveiled retaliatory measures against vessels linked to the U.S.

The Port of New York

NCL to End Shipboard Drink Perks at Great Stirrup Cay

Norwegian Cruise Line has announced upcoming changes to its onboard beverage policy while at Great Stirrup Cay, beginning on March 1st, 2026.

Cocktails on a table on a beach

Belgian Maritime Pilots Slow Work in Pension Reform Protest

Since October 5th, Belgian maritime pilots have initiated a coordinated work slowdown to oppose the government’s proposed pension reforms.

Zeebrugge Port in Belgium

Marella Finds 57% of Brits Open to Family Cruise Holidays

Marella Cruises reveals that more than half of British travelers would consider taking a multigenerational cruise, according to a company survey.

A grandmother, mother and young girl enjoying a cruise holiday together

MSC Seascape Set for Texas Debut with Galveston Arrival

MSC Cruises announces the MSC Seascape is one month away from making its Texas debut, with the ship scheduled to arrive in Galveston on November 7.

Galveston Pier, Texas under a pink cloudy sky

AIDA Funds Seven New Schools Through FLY & HELP Partnership

At this year’s Reiner Meutsch Foundation FLY & HELP charity gala, AIDA President Felix Eichhorn presented a check to founder Reiner Meutsch.

The AIDAprima cruise ship in a historic port

MXP Adds New Chat Feature to MXP365 Digital Guest Journey

MXP unveils upgrade to its MXP365 Digital Guest Journey, introducing chat function that allows guests to engage in private and group conversations.

Two passengers on a cruise ship looking at messages on their phones