Corporate News

APL Maritime Resolves Sexual Harassment Lawsuit in US Court

APL Maritime, a U.S.-based subsidiary of CMA CGM, has reached a confidential settlement in a sexual harassment case brought before the US Court.

A CMA CGM container ship

India Unveils ₹57,000 Crore Maritime Development Projects

Union Minister Sarbananda Sonowal reveals transformative plans to expand Kandla Port and establish a cutting-edge shipbuilding facility for VLCCs

Close up of the Indian flag

MSC Cruises to Debut Star-Studded Ad During Super Bowl

MSC Cruises announced plans to air a 60-second commercial during the Super Bowl. The ad features two celebrities, whose identities remain a mystery

An MSC cruise ship at dusk

Marcos Highlights Key Benefits of Seafarers' Magna Carta

President Ferdinand Marcos oversaw the signing of the implementing rules and regulations for the Magna Carta of Filipino Seafarers on Wednesday.

The flag of the Philippines

2024 Fleet Growth Analysis: Top Container Carriers Expand

Year end data finds fleet expansion among the world’s top container shipping companies remained consistent in 2024, with many reporting growth.

A Hapag-LLoyd container ship in port

ILA & USMX Reach Tentative Six-Year Contract Agreement

The International Longshoremen’s Association and United States Maritime Alliance reach a tentative agreement on a new six-year master contract.

an aerial view of a container port

COSCO Downplays Inclusion on US Pentagon Military List

COSCO tries to minimize concerns following its addition to a US Department of Defense list of companies with alleged ties to China’s PLA.

A COSCO cargo ship at sea

Vard Explores Nuclear Propulsion for Maritime Shipping

Vard is working with the Norwegian University of Science and Technology and other stakeholders on a project to investigate nuclear propulsion.

The Norwegian flag

Asia-Europe Freight Rates Drop Amid Alliance Reshuffle

Operators are cutting Asia-Europe freight rates as they compete for market share ahead of the upcoming reshuffling of container shipping alliances

Shipping containers

COSCO & Other Chinese Firms Added to US Pentagon Blacklist

COSCO has been included in a list of companies the US Department of Defense identifies as having ties to China’s People’s Liberation Army (PLA).

A COSCO container sip

BOEM Seeks Input on Offshore Wind Leasing Near Guam

The US Bureau of Ocean Energy Management issued a call for information and nominations regarding potential wind energy leasing off the coast of Guam.

The coastline off Guam

Asia Pacific Shipping Expands Fleet with 12 New Tanker Orders

Vietnamese shipowner Asia Pacific Shipping (ASP) is significantly expanding its tanker fleet with 12 new vessels ordered from Chinese shipyards.

A busy shipbuilding yard

Critical Dockworker Talks Resume to Avert January Strike

Negotiations are to restart between employers and dockworker unions on the US East and Gulf coasts in an attempt to prevent a January 15 strike.

Boston Port at sunset

MSC Cruises to Sponsor Three Formula 1 Races in 2025

MSC Cruises announces its role as sponsor for three F1 World Championship races in the 2025 season, strengthening its partnership with the sport.

An MSC cruise ship

Equinor Secures $3B Funding for Empire Wind 1 in the US

Norwegian energy leader Equinor has secured a $3 billion financing package to support its Empire Wind 1 project in the United States.

An offshore windfarm

Vallianz Reports Cyberattack, Business Operations Unaffected

Singapore-based offshore support vessel operator Vallianz has fallen victim to a cyberattack, which granted unauthorized access to its servers.

A Jolly Roger flag on a laptop screen

MSC Cruises Faces Complaint Over Environmental Claims

An environmental advocacy group has filed a complaint against MSC Cruises, accusing the company of using 'deceptive and unlawful advertising.'

The MSC Poesia cruise ship

Singfar Group Plans Fleet Expansion with LNG Bunker Vessels

Singfar Group is poised to enhance its fleet with up to four newly constructed LNG bunker vessels say industry insiders.

A shipbuilding yard in China

Merry Christmas & Happy New Year from Maritime Bell

Maritime Bell would like to wish all of our readers a very merry Christmas and a happy and prosperous 2025. See you in 2025!

Christmas tree and bells and holiday greetings from Maritime Bell

Carnival Corporation Named a Best-Managed Company for 2024

Carnival has earned a spot on The Wall Street Journal's Management Top 250 list, being recognized as one of the Best-Managed Companies of 2024.

The Carnival Breeze cruise ship