Corporate News

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

South Korea Awards 1.9GW of Offshore Wind Capacity in Auction

South Korea's Ministry of Trade, Industry and Energy has allocated nearly 1.9GW of offshore wind capacity via its latest offshore wind auction.

An offshore windfarm

MSC Cruises Centralizes Crew Recruitment at Italian HQ

MSC Cruises has announced a major overhaul of its hiring process, moving all crew recruitment activities to its office in Sorrento, Italy.

The MSC Opera cruise ship

COSCO Expands Dry Bulk Fleet with 10 New Kamsarmax Vessels

COSCO Shipping is advancing its large-scale expansion in the dry bulk sector with a new order for 10 kamsarmax bulk carriers.

COSCO Shipping logo

Hapag-Lloyd Announces Rate Hike for India-Middle East to US

Hapag-Lloyd has announced a GRI / GRA for container shipments moving from the Indian Subcontinent and Middle East to North America.

Hapag-Lloyd shipping container

Port of Oakland Secures $10.5M Grant for Zero-Emission Shift

The Port of Oakland has been awarded $10.5 million from the EPA as a part of the agency’s Clean Heavy-Duty Vehicle grant program.

UPS cargo trucks in bays

Doun Kisen Expands Bulk Carrier Fleet with Four New Orders

Japan's Doun Kisen has increased its bulk carrier orderbook in China, placing orders for four vessels according to multiple shipbroking sources.

Aerial view of a bulk carrier

Saudi Arabia Launches 'No Limits' Campaign with Aroya Cruise

The SRSA has unveiled the "No Limits" campaign in conjunction with the maiden voyage of the Aroya, Saudi's first cruise ship to sail the Red Sea

A map showing Saudi Arabia and the Red Sea

Biden Unveils Plan for Net-Zero Emissions in Maritime Sector

On December 11th, U.S. President Joe Biden introduced the U.S. Maritime Decarbonization Action Plan, aimed at decarbonizing the maritime industry

a cargo ship at sunset

CMA CGM Secures 30-Year Deal to Operate Lyon Container Ports

The port of Lyon is set for a major upgrade as CMA CGM has secured a 30-year contract to manage two of its container terminals.

a CMA CGM cargo ship

China Expands Lead as World’s Top Shipowning Nation

China is solidifying its position as the world's largest shipowning nation, pulling nearly 30 million gross tons ahead of Greece, according to a report

The Chinese flag

Royal Caribbean Announces Increased Dividend for Shareholders

Royal Caribbean Cruises' Board of Directors has approved a quarterly dividend of $0.55 per common share, payable on January 13 to shareholders.

A Royal Caribbean cruise ship

Wallenius Wilhelmsen Secures Major Deals with Biofuel Focus

Wallenius Wilhelmsen finalizes two long-term shipping agreements with automobile manufacturers, both featuring a commitment to using biofuel.

A Wallenius Wilhelmsen car carrier ship

Greenpeace to Pay £300,000 in Settlement with Shell

Greenpeace reached a settlement with Shell, agreeing to pay £300,000 (aprx $383,000) to the Royal National Lifeboat Institution as part of the resolution.

RNLI lifeboat