The Hood Launches New Platform for Maritime Community
The Hood introduces new social platform aimed at connecting the maritime community, including seafarers, their families and industry professionals
Corporate News
MARAD Allocates $580 Million for US Port Upgrades
US Department of Transportation’s Maritime Administration announces plans to invest almost $580 million in port infrastructure across the country
MSC Completes Acquisition of Stake in Hamburg Port
All conditions for the voluntary public takeover offer have been met for Mediterranean Shipping Co’s (MSC) investment in the Hamburg port.
Dynacom Tankers Orders More LR1 Product Carriers in China
George Procopiou’s Dynacom Tankers has placed additional orders for LR1 product carriers at Yangzijiang Shipbuilding in China.
Canadian Unions to Challenge Government Order on Port Disputes
Union leaders to contest Canadian government's mandate to end ongoing labor disputes at ports including Montreal, Vancouver and Prince Rupert.
Xi Jinping Inaugurates New Chancay Port in Peru
Xi Jinping in Peru for inauguration of a massive new port that China describes as a game-changer for trade links between Latin America and Asia.
Automation Dispute Could Lead to New East Coast Strike
A challenge for the incoming Trump administration may be an impending strike as a trade union remains firm on its stance against automation.
Shell Sells Stake in Philippine Offshore Wind Project
Shell has divested its 40% stake in the Tablas offshore wind project in the Philippines, selling it to local renewable energy firm Alternergy.
GPH Donates €250,000 for Valencia Flood Relief Efforts
Global Ports Holding donates €250,000 to support emergency relief and rebuilding efforts following the devastating floods in Valencia, Spain.
Evergreen Marine Seeks Proposals for Megamax Methanol Ships
According to Alphaliner, Taiwan’s Evergreen Marine has issued a request for proposals for eleven new 24,000 TEU methanol dual-fuel vessels.
COSCO Expands VLCC Fleet with Six Newbuilds at DSIC
COSCO Shipping Energy Transportation is expanding its fleet of VLCCs by adding six newbuilds at Dalian Shipbuilding Industry Co (DSIC).
Canadian Labor Minister Steps In to End Port Lockouts
Canada’s labor minister announced yesterday he will intervene to resolve the ongoing lockouts affecting workers at the nation’s two largest ports
IMO to Discuss Creation of New North Atlantic Emissions Area
IMO expected to consider the establishment of new emissions control area during next year's Marine Environment Protection Committee meeting.
Hapag-Lloyd Sets Rate Hike for South America to North America
Hapag-Lloyd announces General Rate Increase (GRI) for routes from the East Coast of S. America to N. and Central America, as well as Caribbean.
Russia's Top Shipyards in Merger Talks Backed by Putin
Two of Russia's leading shipyards are discussing a potential merger, a deal backed by President Vladimir Putin.
Canadian Ports Face Disruptions Amid Ongoing Labor Strikes
Canadian supply chains are facing severe disruption as ports on both coasts remain shut down due to the ongoing labor conflicts.
Asian Shipyards See Record Orders Amid High Newbuild Prices
A report reveals that new vessel deliveries in 2023 hit a seven-year peak, adding 35 million compensated gross tonnes (cgt) to the global fleet.
Panama Moves to Deregister Four Sanctioned LNG Tankers
Panamanian authorities announce they will cancel the registration of four LNG tankers, following US sanctions linked to illicit activities.
Record Surge in New Boxship Orders Marks 2024 Boom
Boom in container shipping industry continues into 2024, with year on track to set records for new vessel deliveries, as order volumes outpace 2023
Labor Lockouts at Key Canadian Ports Enter Third Day
Labor lockouts at the Canadian ports of Prince Rupert and Vancouver have stretched into a third day, with no progress between union and employers