Corporate News

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.

A Norwegian Lines cruise ship sailing at sunset

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.

The deck of a VLCC tanker

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).

a CMA CGM container ship at dusk

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.

A Holland America cruise ship

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.

The Port of New Orleans

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.

a Chinese ship building yard

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.

close up of an Armani branded wrist watch

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.

An offshore windfarm

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.

Containers in a port

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.

Darwin Port as seen from a walkway

Human Rights at Sea Charity Closes: Lack of Funding

A UK-based NGO that has long championed the rights of those working at sea has announced it will shut down due to a lack of funding.

a container ship under a dark stormy sky

Euroseas Secures Higher-Paying Charter for Feeder Vessel

Greek container ship operator Euroseas has landed a more lucrative long-term charter deal for one of its feeder vessels.

A container terminal

NYK Orders First Methanol-Fueled VLCC for 2028 Delivery

Japanese shipping giant Nippon Yusen Kaisha (NYK) is set to introduce its first methanol dual-fuel very large crude carrier (VLCC) to its fleet.

The NYK logo on the side of a vessel

AIDA Cruises Orders Two New Mid-Sized Ships for 2030s

AIDA Cruises, the German cruise brand under Carnival Corp., confirms plans for two new mid-sized vessels through an agreement with Fincantieri.

AIDA cruise ships side by side in a port

BP Chairman Helge Lund to Step Down by 2026

Helge Lund, chairman of UK energy giant BP, has announced plans to step down from his role with a transition expected to take place by 2026.

A BP petrol station in the United Kingdom

Wärtsilä Debuts Remote Ops Tech on Sun Princess Cruise Ship

Wärtsilä ANCS has completed the first installation of its NACOS Connect remote mimics application aboard Princess Cruises’ Sun Princess.

A Princess cruise ship at sunset

Cordelia Cruises to Acquire Two Ships from Norwegian Line

Norwegian Cruise Line has reached a deal to transfer two of its Sun-class ships, Norwegian Sky and Norwegian Sun, to India-based Cordelia Cruises

The Norwegian Sun cruise ship passing under a suspension bridge

CMA CGM Invests €100M in AI Partnership with Mistral AI

CMA CGM has partnered with tech company Mistral AI in a €100 million initiative over the next five years to implement tailored AI solutions.

A CMA CGM cargo ship at dusk

Panama Canal Opens Bidding for New LPG Pipeline Project

The Panama Canal Authority has announced the launch of a bidding process for a new liquefied petroleum gas (LPG) pipeline.

 ship traversing the Panama Canal

Cruise Ship Dispute Leads to Assault Charge for Executive

A night of dancing aboard a Virgin Voyages cruise ship took an unexpected turn when a senior executive became involved in an altercation.

A Virgin cruise ship