Wärtsilä Unveils Carbon Capture Cutting Emissions by 70%
Wärtsilä has unveiled a groundbreaking carbon capture system designed to reduce vessel emissions by up to 70%. The announcement was made on May 7
Corporate News
NCLH Opens Modern Medical Clinic for Filipino Crew
Norwegian Cruise Line has launched its own dedicated medical clinic in the Philippines, designed specifically to serve its Filipino crew members.
Carnival Rolls Out Digital Shore Excursion Platform
Carnival launches new digital platform designed to replace paper tickets for shore excursions, aiming to streamline check-ins and communication.
GTT to Acquire Danelec in $219.7M Maritime Analytics Deal
French gas containment leader GTT is investing $219.7 million to acquire maritime analytics company Danelec from private equity firm Verdane.
Maersk Teams Up With Nokia for Major Fleet Connectivity Boost
Danish shipping giant Maersk has signed an agreement with Nokia to outfit 450 vessels across its fleet with private wireless networks.
18 States Sue to Overturn Trump’s Offshore Wind Shutdown
Eighteen attorneys general have filed a federal lawsuit opposing U.S. president Donald Trump’s decision to shut down offshore wind projects.
Northern European Ports Face Prolonged Shipping Backlogs
Ports and terminals across Northern Europe are currently experiencing what broker Braemar is calling a case of “serious congestion.”
NCLH Speeds Up $300M Cost Savings Effort for Greater Gains
Norwegian Cruise Line Holdings is moving to advance initiatives within its $300 million cost-saving program, announced President & CEO Harry Sommer
Ørsted Sells 24.5% Stake in West of Duddon Sands Wind Farm
Ørsted has sold a 24.5% ownership stake in its 389MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat.
CMA CGM Expands Air Cargo with Air Belgium Acquisition
CMA CGM has finalized its purchase of Air Belgium, strengthening its air cargo operations by adding four aircraft to its growing fleet.
NCLH Prioritizes Pricing Amid Q3 Booking Volatility
Norwegian Cruise Line is experiencing fluctuations in bookings for remaining Q3 sailings, leading to challenges in achieving expected occupancy.
OOCL Orders 14 Green-Fuel Megaships in $3B Expansion
Hong Kong-based Orient Overseas Container Line is expanding its fleet with an order for 14 new container ships, a deal valued at over $3 billion.
Royal Caribbean Doubles Q1 Profit with Higher Yields, Cuts
Royal Caribbean report strong results for Q1 posting net earnings of $730M; nearly double the $360M recorded during the same period in 2024.
CMA CGM Registers First Indian-Flagged Ship in Milestone
CMA CGM has marked a milestone with the arrival of its first Indian-flagged boxship, making it the first major foreign shipping company to do so.
Cunard Launches Month-Long Bonus for Travel Advisors
In honor of Travel Advisor Appreciation Day on May 7, Cunard is turning the celebration into a month-long event with its Four Queens Bonus promotion
Dutch Scale Back Offshore Wind to Support Fishing Sector
Netherlands has scaled down its offshore wind ambitions and eliminated a planned wind development area to better accommodate its fishing industry
RCL Expands Fleet with Four New Containership Orders
Thailand’s Regional Carrier Lines (RCL) is set to expand its fleet by ordering four new container ships from Chinese shipyards.
CMA CGM's CEVA Logistics to Acquire Turkish Firm Borusan Tedarik
CEVA Logistics, part of the French shipping giant CMA CGM, has announced plans to acquire a Turkish logistics company, for $440 million.
Trump Calls for Free U.S. Access to Panama, Suez Canals
U.S. President Trump has called for American ships, both military and commercial, to be granted free passage through the Panama and Suez Canals
Mitsui OSK Lines to Open Strategic Office in Washington
Reflecting a shifting global landscape, Japan’s Mitsui OSK Lines (MOL), has announced plans to establish a new office in Washington, DC.