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.
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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
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.
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.
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.
MSC’s Orderbook Surpasses 2M TEU with New Megamax Ship Order
The world’s largest container line, MSC, has placed another significant ship order, pushing its total orderbook beyond the 2 million TEU mark.
Holland America & Carnival Rebrand Half Moon Cay as RelaxAway
Holland America Line and Carnival Cruise Line announce that Half Moon Cay will be rebranded as RelaxAway, Half Moon Cay as part of some upgrades.
Bulk Carrier Detained in Singapore Over Payment Dispute
A bulk carrier flying the Marshall Islands flag, the Porthos, was detained in Singapore on December 7th following a sheriff’s order.
Maritime Union of New Zealand Opposes Live Animal Exports
The Maritime Union of New Zealand has officially voted against the government's proposal to restart live animal exports, reaffirming its stance.
Greek Shipbrokers Intermodal, Golden Destiny Merge Operations
Intermodal and Golden Destiny, two Greek shipbroking firms, have officially merged - another step in the consolidation trend within shipbroking.
Princess Cruises Breaks Booking Records Over Holiday Weekend
Princess Cruises has announced record-breaking booking numbers during the Black Friday to Cyber Monday period, as detailed in a press release.
US Regulators Delay Launch of New Asian Shipping Alliance
Plans for the Premier Alliance, a new shipping consortium in Asia, have been delayed after intervention from the U.S. Federal Maritime Commission
Indian Dockworkers Threaten Strike Over Wage & Benefit Issues
Indian dockworkers are to strike on December 17 unless their demands for wage revisions and productivity-linked rewards are addressed by the 15th
Denmark's Offshore Wind Tender Faces Major Setback
Denmark’s offshore wind energy goals have hit a significant roadblock, as the first phase of its 6GW North Sea tender failed to attract any bids.
Global Trade Set to Reach Record $33 Trillion in 2024
Global trade is projected to achieve a historic high of $33 trillion in 2024, as per a report from UNCTAD, the trade body of the United Nations.