Corporate News

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

Boston Port at sunset

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.

The flag of Senegal

Windstar Cruises Lands Exclusive Partnership with O2 Arena

London’s O2 Arena has revealed a new sponsorship deal by partnering exclusively with the upscale cruise line, Windstar Cruises.

The O2 arena in London at night

CMA CGM Expands Fleet with Purchase of Four More Boxships

CMA CGM remains one of the most active buyers in the secondhand container ship market this year after acquiring another four boxships.

A CMA CGM container ship in port

MSC Joins CMA CGM in New Moroccan Container Terminal Project

Mediterranean Shipping Co has partnered with rival CMA CGM to invest in a new terminal at one of Africa’s fastest-growing container hubs, Morocco

An MSC container ship at sea

Three Passengers Evacuated from Quantum in Medical Emergency

Three passengers aboard Quantum of the Seas were medically evacuated in two separate missions during the ship’s journey through the South Pacific

The Quantum of the Seas cruise ship

MSC Expands Lead Over Rivals as Largest Standalone Carrier

Mediterranean Shipping Co is set to widen its lead over competitors, with new data showing it will soon outpace its closest rival by 2 million TEU

An MSC container ship in port

Maersk & Cochin Shipyard Partner on Ship Repair & Building

AP Moller-Maersk has entered into a MoU with India’s Cochin Shipyard to explore opportunities in ship repair and shipbuilding.

A Maersk tanker at sea

Balmoral Comtec Joins Equinor’s Firefly Floating Wind Project

Balmoral Comtec, a subsidiary of offshore energy supply chain company Balmoral, signs MoU with S. Korea-based LS Cable & System and LS Marine Solution

An offshore windfarm

Panama Defends Ship Registry Amid US Sanctions Pressure

The Panama Maritime Authority (PMA) has defended its stance on sanctioned vessels, emphasizing that it is actively deflagging non-compliant ships

The Panamanian flag

Canada Invests $25M in Shore Power for BC Ports

Canada’s Minister for Transport and Internal Trade has announced a 35.5 million CAD grant to support shore power development in British Columbia.

Port of Vancouver

Cunard to Reach Over 250 Agents in UK Sales Blitz

Cunard has unveiled plans to engage with over 250 travel agents across more than 60 stores as part of its first 2025 sales blitz in the UK.

a Cunard cruise ship

Globus Maritime Sells Supramax as Part of Fleet Renewal

Nasdaq-listed Greek dry bulk owner Globus Maritime continues to modernize its fleet by selling off older vessels to make way for newer tonnage.

silhouette of a bulk carrier at sunset

COSCO Shipping Energy Plans $378M Investment in Six Tankers

COSCO Shipping Energy Transportation has unveiled plans to invest CNY 3.496 billion ($378.3 million) in the construction of six new tankers.

A COSCO cargo ship at sea

Hanwha Ocean to Construct LNG Carriers for Hanwha Shipping

South Korean shipbuilder Hanwha Ocean has secured contracts to build two LNG carriers for its affiliated company, Hanwha Shipping.

A shipyard

Global Boxship Orders Surge Past 9 Million TEU

France’s CMA CGM and Taiwan’s Evergreen are the latest global shipping giants to expand the record-breaking containership orderbook,.

An Evergreen container ship in port

Costa Cruises Renews Partnership with Sanremo Festival

Costa Cruises has officially renewed its collaboration with the Sanremo Festival for the fourth consecutive year while announcing Music Cruise 2025

A Costa cruise ship

Hapag-Lloyd Expands Dual-Fuel Containership Fleet

Hapag-Lloyd is moving forward with additional dual-fuel containership orders, returning to South Kora to commission six 16,800 TEU vessels.

A Hapag-Lloyd container ship

US Container Imports Hit Record High in January

US container imports surged to a new record in January, with shipments from China rising for a second consecutive month, according to Descartes.

Long Beach container terminal

U.S. Expands Sanctions Targeting Iranian Oil Shipments

Trump acts on pledge to increase pressure on Iran by imposing sanctions on those accused of facilitating the transport of Iranian oil to China.

The Iranian flag