Splintered Shipping Rules Loom Amid Global and Local Shifts
The UK government is reviewing its emissions trading system framework and considering adding the shipping sector in just over a year's time.
Corporate News
Hapag-Lloyd Secures Green Methanol Supply to Cut Emissions
German shipping company Hapag-Lloyd has signed an agreement with Beijing-based Goldwind for the annual supply of 250,000 tonnes of green methanol
MSC's Stake in Hamburg Port Reshapes North Europe Trade Hub
Mediterranean Shipping Co, the largest container shipping line globally, has finalized its acquisition of a major stake in the Port of Hamburg.
Farmers Block Port of Holyhead in Protest Against Inheritance Tax
Farmers in North Wales staged a protest at the Port of Holyhead, obstructing access to oppose the introduction of a new 20% inheritance tax.
Kylie Minogue’s Non-Alcoholic Rosé Joins Princess Cruises
Princess Cruises has added Kylie Minogue’s award-winning No Alcohol Sparkling Rosé to its “Love Line Premium Liquors” collection.
Ocean Network Express Acquires Stake in Jakarta Terminal
Japanese shipping company Ocean Network Express has acquired a minority stake in New Priok Container Terminal One (NPCT1) in Jakarta, Indonesia.
Schulte Group Forms Joint Venture to Train Chinese Seafarers
Schulte Group partners with Huayang Maritime Center and Haikou Xinhaina Port and Shipping Technology Co to establish a joint venture on Hainan.
Lisbon Cruise Port & City Win Top European Cruise Awards
Lisbon Cruise Port has been named Europe’s Best Cruise Terminal, while the city of Lisbon earned the title of Europe’s Best Cruise Destination.
Port of Montreal Labor Dispute Enters 90-Day Mediation Phase
Employers at Port of Montreal and the CUPE Local 375 union agree to enter a 90-day mediation period in an effort to reach a new labor agreement.
Darwin Port Operator Faces Financial Challenges Amid Concerns
Landbridge, the Chinese company operating Darwin Port Australia, announced financial struggles; possibility of NT government revoking its lease.
Ocean Network Express Introduces Two New European Services
ONE unveils two new shipping services, the Scandinavia Express and Iberia Europe, designed to improve efficiency and ensure greater reliability.
Adora Cruises Partners with Shanghai Mobile to Enhance 5G
Adora Cruises announces a partnership with Shanghai Mobile to integrate advanced 5G communication tech into its newbuild, the Adora Flora City,
ILWU Files Lawsuit Against Canadian Government Over Strike Order
The International Longshore and Warehouse Union Local 514 has taken legal action against the Canadian government, challenging its intervention.
Canada Faces Renewed Port Strikes as Unions Challenge Orders
Canadian ports may face additional strikes as unions challenge the federal government's intervention in their disputes.
Indian Billionaire Gautam Adani Indicted in US Bribery Case
Indian billionaire Gautam Adani has been charged in the USA for allegedly offering bribes to government officials to secure solar energy contracts.
RWS Global Expands to Asia with New Shanghai Headquarters
RWS Global announced the opening of a new Shanghai HQ, marking a step in its efforts to expand location-based entertainment experiences in Asia.
Fujian Lixin to Build 12 Bulk Carriers for Green Era Shipping
Istanbul-based Green Era Shipping enters into agreement with Chinese shipbuilder Fujian Lixin Ship Engineering to construct 12 bulk carriers.
Scenic Group Unveils Black Friday Deals with Huge Discounts
Scenic Group is rolling out Black Friday offers with substantial savings on select trips with Scenic Luxury Cruises & Tours and Emerald Cruises.
Monte Nero Maritime Linked to New Tanker Orders in China
Greek shipowner Monte Nero Maritime is reportedly behind a recent order for up to four MR2 product tankers at COSCO Shipping Heavy Industries.
Former Oil Tycoon OK Lim Sentenced to 17.5 Years for Fraud
Lim Oon Kuin, founder of now-defunct Singapore oil trading firm Hin Leong, was handed a 17-and-a-half-year prison sentence on Monday for fraud.