Yangzijiang, Tsuneishi Form Joint Venture with $117m Investment
Singapore-listed Yangzijiang Shipbuilding, China's largest private shipbuilder, has announced a joint venture with Japan’s Tsuneishi Holdings.
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Maersk Tankers to Launch New Chemical Tanker Pool in October
Denmark’s Maersk Tankers has announced the launch of a new chemical tanker pool, set to begin operations at the start of next month.
$16 Million Settlement Reached Over Jacksonville Ship Fire
On September 9th, a settlement exceeding $16 million was reached in a lawsuit stemming from the fire aboard the Hoegh Xiamen in Jacksonville, USA
COSCO Shipping Expands Fleet with New LNG Carrier Orders
COSCO Shipping Energy Transportation is moving forward with plans to grow its fleet by ordering LNG carriers from Dalian Shipbuilding Industry Co
Wärtsilä Secures Contract for Singapore's Next-Gen Traffic System
Wärtsilä awarded prototyping contract for Next Generation Vessel Traffic Management System by the Maritime and Port Authority of Singapore.
.Campari Hosts Exclusive Events Aboard Oasis of the Seas
Campari Group Global Travel Retail Americas launched two special events aboard Royal Caribbean’s Oasis of the Seas at the end of June.
Leading Light Wind Requests Pause in Offshore Wind Project
Leading Light Wind has asked the New Jersey Board of Public Utilities for a pause in the development of its offshore wind project.
Hapag-Lloyd to Implement New GRI for South American Routes
German shipping company Hapag-Lloyd reveals plans to introduce a General Rate Increase (GRI) of US$500 per container, effective from October 1.
MSC Expands Fleet with Additional Secondhand Ship Purchases
MSC continues to solidify its position as the world’s leading liner company with the acquisition of even more secondhand vessels.
China State Shipbuilding Corporation Units to Merge
Two divisions of China’s largest shipbuilding conglomerate, China State Shipbuilding Corporation, are set to merge through a share swap deal.
AIDA Cruises Unveil Hamburg Advanced Fleet Operations Center
September 2, AIDA Cruises celebrated the opening of its upgraded Fleet Operations Center in Hamburg, signaling advancement in maritime technology
COSCO Continues Expansion with Major Dry Bulk Vessel Order
COSCO Shipping has extended its aggressive expansion strategy by placing a substantial newbuilding order in the dry bulk sector.
Safetrans Line Sells Entire Fleet to MSC Amid Strategic Shift
Safetrans Line, a China-based liner operator with a focus on Russia, has sold all of its container ships to the Mediterranean Shipping Company.
COSCO Shipping Orders 12 Methanol-Powered Container Ships
COSCO Shipping, fourth largest container shipping company globally, places order for twelve 14,000 TEU container vessels with sister company.
Indian Government Reaches Wage Agreement with Dockworkers
The Indian government has successfully finalized a wage agreement with dockworkers, bringing an end to nearly three years of negotiations.