Taean Wind Power Secures Fixed-Price Contract in South Korea
Taean Wind Power has finalized a fixed-price offtake agreement for a major offshore wind project in South Korea.
Corporate News
CMA CGM Linked to Major Container Ship Order at Hyundai
CMA CGM is thought to be the company referred to in an announcement by HD Hyundai Heavy Industries regarding this year's largest ship order so far
Stena Ro-Ro Acquires New Vessel, Renamed Stena Shipper
On January 21, Stena Ro-Ro announced the expansion of its fleet with the acquisition of the RoRo vessel Giuseppe Luccchesi.
Trump Administration Ushers in New FMC Chairman
The Donald Trump administration has introduced significant changes, including appointing a new chairman for the Federal Maritime Commission.
JNPA Announces ₹2,000 Crore Investment to Boost Port Capacity
The Indian Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, has unveiled a ₹2,000 crore (approx $231.45 million) investment.
Trump’s Bold Moves on Panama Canal, Gulf Name & Paris Exit
In his first hours as 47th president of the USA, Trump made headlines with declarations including a vow to take back control of the Panama Canal.
George Alexandratos Named President of Hellenic Shipping Body
George Alexandratos has been appointed as the new president of the Hellenic Chamber of Shipping, succeeding George Pateras who served since 2016.
Young Honest Shipping Buys First Vintage VLCC of the Year
Young Honest Shipping, a Hong Kong-registered company, has acquired the first vintage Very Large Crude Carrier (VLCC) of 2025.
China Rejects US Shipbuilding Investigation as Protectionist
China’s Ministry of Commerce criticizes US investigation into the country’s shipbuilding industry citing “unilateralism and protectionism.”
CMA CGM Announces New Shipping Rates and Surcharges
French ocean carrier CMA CGM has introduced updated rates and surcharges for shipments headed to the United States.
Wuhu Shipyard Forms $4.1 Billion Partnership for New Projects
China’s Wuhu Shipyard has joined forces with two domestic financial leasing companies to collaborate on ventures potentially exceeding RMB30B.
Carnival Unveils New Asia-Pacific Journeys for 2026-2027
Carnival Cruise Line has revealed four new journeys sailings aboard the Carnival Luminosa and Carnival Adventure, scheduled for 2026 and 2027.
Shipper Complaints at FMC Could Cost Liners Over $75M
The FMC continues to receive a surge of complaints, with recent filings potentially leading to more than $75 million in liabilities for shipping lines
Hutchison Ports Thailand Expands Terminal D with New Equipment
On December 18, Hutchison Ports Thailand (HPT) announced the arrival of four more remote-controlled super post-Panamax quay cranes.
Bulgarian Shipowners Join European Community Association
The Bulgarian Shipowners Association (BSA) has officially become the 22nd member of the European Community Shipowners’ Associations (ECSA).
Wellard Sells Final Ship, Signaling a New Chapter
After 46 years Australia’s Wellard is preparing for a future without ships after announcing the sale of its livestock carrier, the Ocean Drover.
Passenger Dies Aboard MSC Cruise Ship Hosting Corporate Event
A passenger on an MSC Cruises ship which was hosting a corporate charter for MAG Seguros passed away on January 9 due to a sudden illness.
Cyprus Shipping Chamber Names New Director-General
The Cyprus Shipping Chamber has announced the promotion of deputy director-general Alexandros Josephides to the role of director-general.
Royal Caribbean Group to Announce 2024 Financial Results
Royal Caribbean Group will host a conference call at 10:00 A.M. Eastern Time on Tuesday, January 28, 2025, to review its financial performance.
MOL Partners on Green Corridor Linking Portugal to N. Europe
MOL has signed a MoU with Madoqua Renewables Holding Lda and other international industry leaders to establish a European green shipping corridor