HSBC: China Shipyards Remain Strong Despite U.S. Shift
Non-Chinese shipowners can breathe easier thanks to HSBC stating their belief that Chinese shipyards are retaining their competitive edge.
Corporate News
Iran Seizes Two Ships for Smuggling Subsidized Diesel
The IRGC has detained two vessels, the Salama and the Sea Ranger, accusing them of smuggling large quantities of subsidized fuel out of Iran.
Geoquip Marine Wins Survey Work for Waterekke Wind Farm
Geoquip Marine, Swiss-based offshore geotechnical specialist, secures contract from clean energy investor Luxcara to carry out a geotechnical survey
Google Signs First Offshore Wind Deal in Asia Pacific
Google enters into its first offshore wind power purchase agreement in the Asia Pacific region, marking a step in its renewable energy strategy.
Carnival Names Janet Wygert Head of Sales & Trade Marketing
Carnival has appointed Janet Wygert as its new senior VP of sales and trade marketing, stepping into the role following Adolfo Perez's retirement
U.S. Halts Construction of Empire Wind Project in NY
U.S. Secretary of the Interior and chair of the National Energy Dominance Council orders immediate stop to all work on Equinor’s Empire Wind 1.
U.S. Targets Iran Oil Trade, Warns Shipping on Risks
The United States has introduced a new wave of sanctions targeting Iran’s oil sector, issuing a strong warning to the global shipping industry.
ILO Approves Seafarer Wage Hike Through to 2028
The ILO wrapped up its latest round of minimum wage talks during a session of the Joint Maritime Commission’s Subcommittee on Wages of Seafarers.
Singapore’s Vasi Shipping Files for Bankruptcy Protection
Vasi Shipping, a small container shipping company based in Singapore, has declared bankruptcy after 13 years in operation.
Royal Caribbean to Lead Cruise Market Through 2033
Royal Caribbean is set to remain the cruise industry’s largest brand by annual passenger volume through 2033, according to a report.
NCL Plans Major Upgrades for Great Stirrup Cay in 2025
Norwegian Cruise Line Holdings reveals plans to introduce a range of new features and guest experiences at its private island, Great Stirrup Cay.
DHT Holdings Secures 7-Year Charter for VLCC Appaloosa
Tanker operator DHT Holdings, listed on the New York Stock Exchange, has signed a long-term charter for one of its VLCCs, the DHT Appaloosa.
CMA CGM Acquires 35% Stake in Egypt's First Dry Port
French shipping and logistics leader CMA CGM has reached an agreement to acquire a 35% ownership share in Egypt’s October Dry Port (ODP).
Holland America Adds 2026 Europe Cruises, Extends Season
Holland America Line has announced a six-week extension to its 2026 Europe season, unveiling four new cruises now available for booking.
Port NOLA Sets New Cruise Passenger Record in March 2025
The Port of New Orleans (Port NOLA) reached a new milestone in March 2025, handling over 165,000 cruise passenger movements.
Yangzijiang Financial Orders Four Handysize Bulk Carriers
Yangzijiang Financial Holding is making a return to Jingjiang Nanyang Shipbuilding with a fresh order in the handysize dry bulk market.
Starboard Expands Retail on TUI’s Mein Schiff Relax
Starboard Group is growing its collaboration with TUI Cruises by unveiling new luxury retail stores aboard the cruise ship Mein Schiff Relax.
HSM Wins Substation Contract for East Anglia Two Wind Farm
ScottishPower Renewables has awarded a key contract to HSM Offshore Energy for the East Anglia Two offshore wind project.
Trump’s New Tariffs Disrupt Global Trade Flows
Donald Trump’s latest round of tariffs have officially taken effect, with China, the world’s leading exporter, hit with a staggering 104% rate.
Australia to Cancel Chinese Lease of Darwin Port
Australia is moving ahead with plans to terminate a Chinese firm's lease on the Port of Darwin, located in the far north of the country.