Interzum 2025 Expects Stronger Cruise Industry Presence
Interzum 2025, set to take place from May 20-23 at Koelnmesse in Cologne, Germany, is anticipating greater participation from cruise line execs.
Corporate News
Triton to Acquire GCI in $1 Billion Deal, Expanding Fleet
Triton, one of the world's largest container leasing companies, announces agreement to acquire Global Container Int. in a deal worth over $1bn.
Marella Cruises Expands Microfibre Capture Across Fleet
Marella Cruises, in collaboration with Cleaner Seas Group, is launching an industry-first initiative to combat microfibre pollution across its fleet
Pacific Adventure Marks Final Cruise for P&O Australia
The Pacific Adventure departed from Sydney on March 10, 2025, for its very final voyage under the P&O Cruises Australia brand.
Ocean Winds Secures License for 1,125MW Wind Farm in Korea
Ocean Winds, a venture between France’s Engie and Portugal’s EDP, receives electricity business license for its offshore wind farm in South Korea
Transnet Seeks Operator for Durban Multipurpose Terminal
South Africa’s Transnet National Ports Authority (TNPA) is seeking an operator for a multipurpose terminal at the Port of Durban.
Hapag-Lloyd Acquires Majority Stake in Le Havre Terminal
Hanseatic Global Terminals has purchased a 60% stake in CNMP, the operator of Atlantique container terminal in Le Havre, France.
MOL Acquires LBC Tank Terminals in $1.72 Billion Deal
MOL announces acquisition of LBC Tank Terminals, a leading operator specializing in the storage and handling of chemicals in Europe and the U.S.
Performance Shipping Secures Funding for Third Newbuild Tanker
Greece-based Performance Shipping has finalized financing for its third newbuild vessel in China through another sale and leaseback agreement.
CMA CGM Overtakes Maersk to Become Second Largest Liner
CMA CGM, the most aggressive ship acquirer of the year so far, has reached a significant milestone in the container shipping industry.
Oscars Stun with Action-Packed Ads Including Carnival (Video)
The 97th Academy Awards delivered more than just snubs and speeches. It also unveiled an advertising spectacle that included Carnival Cruise Line
Marcura Acquires AI-Powered Document Automation Firm Shipster
Maritime technology company Marcura has announced the acquisition of Shipster, a start-up specializing in AI-driven document intelligence.
Trump Unveils New Shipbuilding Office, Tax Incentives
Donald Trump announced plans to set up a shipbuilding office within the White House and introduce several new tax incentives for the industry.
CMA CGM Secures Chinese Newbuild Contract for Containerships
French shipping powerhouse CMA CGM has committed to a fresh series of containership newbuilds in China.
BP Shifts Focus: More Oil & Gas, Less Renewables
UK-based energy titan BP reveals plans to reduce its spending on renewable energy, opting instead to boost investment in oil and gas production.
Adhart Shipping Secures Debut Tanker Order from New Dayang
Singapore’s Adhart Shipping has been identified as the owner behind a debut product tanker order with Chinese bulker builder New Dayang.
Pertamina Exec Arrested in $12bn Oil Corruption Probe
Pertamina CEO, Yoki Firnandi, taken into custody amid allegations of $12bn corruption scheme tied to procurement of crude oil and oil products.
New Network Empowers Women in Maritime Careers
Women represent just 2% of the global seafaring workforce but a new initiative is set to change that as the ITF launches its Women at Sea network
US Considers Hefty Fees, Restricting Chinese Maritime Ties
The US is considering fees on Chinese-built vessels docking at its ports, while tightening regulations on Chinese ownership of domestic terminals
Jan de Nul Aids in West Africa's New Deepwater Port Project
Belgian construction firm Jan de Nul has announced its role in developing a new port situated 50 kilometers from Dakar, Senegal.