Indian Government Reaches Wage Agreement with Dockworkers
The Indian government has successfully finalized a wage agreement with dockworkers, bringing an end to nearly three years of negotiations.
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Port State Control to Launch Crew Wage Inspection Campaign
The Tokyo and Paris MoU on Port State Control gears up to initiate a three-month joint concentrated inspection campaign focused on crew wages.
Yang Ming Expands Owned Fleet with Early Ship Purchases
Taiwanese liner operator Yang Ming Marine Transport is growing its owned fleet by ending the charters of two 12,000 TEU ships ahead of schedule.
Viking Takes Cautious Approach to Chinese Market Expansion
Viking is approaching the Chinese market with caution, as discussed by CFO Leah Talactac during the company’s second quarter earnings call.
Royal Caribbean Group Expands Icon Class Fleet with Order
Royal Caribbean announces signing of agreement with shipbuilder Meyer Turku to construct fourth Icon Class vessel, set for delivery in 2027.
Ambassador Cruise Line Partner with Croquet England
Ambassador Cruise Line has entered into a three-year sponsorship agreement with Croquet England, becoming their Official Cruise Line Partner.
Analysts Predict Decline in Asia-Europe Freight Rates by 2025
Analysts from Asia-based container consultancy forecast drop in Asia-Europe box freight rates, expecting prices to plummet by over 70% by June.
Explora Journeys to Feature at 37th America’s Cup Race Village
Explora Journeys has announced its participation in the Official Race Village of the Louis Vuitton 37th America’s Cup, set to take place in Barcelona.
Swift Action Ends Canadian Rail Strike Within Hours
The Canadian rail strike concluded yesterday, just 18 hours after it began, as authorities acted swiftly to prevent a potential economic crisis.
Indonesian Tanker Owners Reap Profits from Strategic Sales
This quarter has been active for Indonesian tanker owners, who are capitalizing on the market by selling tankers acquired years ago at profit.
UK Firm Partners with DP World for DRC Deepwater Port
BII commits $35 million to DP World’s project at the Port of Banana, following collaborations between the two in Senegal, Egypt, and Somaliland.
Canada Braces for Industrial Action at Freight Rail Companies
Canada is poised for industrial action at two leading freight rail companies starting Thursday, as employers and employees remain at an impasse.
Princess Cruises Unveils MedallionNet Max Superior Wi-Fi
Princess Cruises launches MedallionNet Max, a cutting-edge onboard Wi-Fi service aimed at meeting the demands of digitally connected travelers.
Norwegian Sees Significant Increase in Onboard Revenue
Norwegian Cruise Lines has reported a substantial rise in onboard revenue, with gross onboard spend per passenger per day estimated at $126.85.
IMO Unveils Toolkit to Combat Insider Threats in Maritime
The International Maritime Organization has introduced a new toolkit aimed at enhancing the shipping industry's response to insider threats.