GTT & HD KSOE Works with CMA CGM on Cryogenic Fuel Tanks
GTT receive order from HD Korea Shipbuilding & Offshore Engineering to design cryogenic fuel tanks for 12 LNG-fueled containerships for CMA CGM.
Corporate News
Taiwan Government to Support Yang Ming's Fleet Expansion
Taiwan’s Transportation and Communications Minister announced on July 30 that the government will back Yang Ming in commissioning more newbuilds.
TRIG Sells Part of Stake in Gode Wind 1 Offshore Wind Farm
The Renewables Infrastructure Group (TRIG) has decided to sell a portion of its stake in the 330 MW Gode Wind 1 offshore wind farm in Germany.
Yang Ming Shipping Line Announces New Leadership Roles
Yang Ming has announced a significant management reshuffle, promoting Cliff Pai to president and appointing Feng-Ming Tsai as the new chairman.
ONE Reports Strong Financial Performance in Q1 FY2024
Ocean Network Express (ONE) has announced its financial results for the first quarter of FY2024, covering April to June 2024.
Almaco Group Delivers Culinary Facilities for Silver Ray
Almaco Group has successfully delivered all galley and provision store facilities onboard the Silver Ray, as announced in a recent press release.
COSCO & Fortescue Partner to Develop Green Fuel Supply Chain
China’s COSCO has entered into a preliminary agreement with Australian mining company Fortescue to establish a green fuel supply chain.
Royal Caribbean Increases Private Offering to $2 Billion
Royal Caribbean Cruises has announced the pricing of its private offering of $2 billion in senior unsecured notes with a 6.000% interest rate.
Shipping Emissions Trading Scheme to be Enforced by Turkey
Shipowners looking to evade new environmental regulations by shifting operations to Europe’s eastern edge will need to reconsider their plans.
Ambassador Cruises Partners with Baggex for Luggage Services
Ambassador Cruise Line has entered into a new partnership with Baggex, a specialized luggage delivery service, to improve the guest experience.
BOEM Cancels Offshore Wind Lease Sale in Gulf of Mexico
The US Bureau of Ocean Energy Management will cancel a proposed offshore wind lease sale in the Gulf of Mexico, citing lack of developer interest
RED Hospitality and Leisure Ventures into Cruise Industry
RED Hospitality and Leisure has announced its entry into the cruise industry, according to a recent company-issued statement.
General Average Declared on Fire-Damaged Maersk Frankfurt
A general average has been declared on the Maersk Frankfurt, a newly built 5,500 TEU container ship that caught fire a week ago.
NYK Investment to Restore Kelp Forests, Earn Carbon Credits
Japanese shipping giant NYK has discovered an innovative approach to earning carbon credits while also providing a popular delicacy to locals.
Swiss Lawyers Publish Book on Risks of Flags of Convenience
Two Swiss lawyers have published a comprehensive 247-page book examining the risks associated with flags of convenience in the shipping industry
De Sciora is New VP of Liberian Registry Regulation & Standards
The Liberian Registry announced the appointment of Captain Giorgio De Sciora as Vice President of Regulations and Standards, Maritime Operations.
CMA CGM & Eurogate Potentially to Develop Hamburg Terminal
The port of Hamburg, traditionally dominated by local operators, is expected to see its third foreign liner investment.
Eastern Cruise to Launch in Asia with Former Pacific Venus
South Korea-based Eastern Cruise is set to launch a new cruise operation in Asia using the former Pacific Venus, now renamed Eastern Venus.
Madeira to Host 2024 Cruise Atlantic Islands Conference
Madeira is set to host the 2024 Cruise Atlantic Islands Conference on September 27, as announced in a recent press release.
IMO Seeks Industry Leaders for Marine Plastic Litter Alliance
The IMO is inviting businesses in the shipping and fisheries sectors to join the Marine Plastic Litter Global Industry Alliance (GIA).