New Financial Service Model for Port Calls Launched
Wilhelmsen Port Services, in partnership with Round Fort Capital, introduced a new financial service at the Posidonia exhibition in Greece.
Corporate News
India Expresses Interest in Operating Bangladeshi Port
India wants to operate Bangladesh seaport, Mongla, where both New Delhi and Beijing are also interested in investing in terminal construction.
New Role for Former Costa Magica as it Becomes G7 Hotel
The former Costa Magica is to be a floating hotel during the 50th Summit of the (G7 in Italy and will be stationed at the Port of Brindisi.
SOLAS Amendment: Mandatory Reporting of All Lost Containers
The WSC has expressed approval of the recent amendments to SOLAS adopted by the IMO making it mandatory to report all containers lost at sea.
TEN Sells Two More Vessels in Bid to Revitalize Fleet
Greek shipping company Tsakos Energy Navigation (TEN) has recently sold two more vessels as part of its ongoing fleet modernization strategy.
Adani Ports Subsidiary Wins Deal with Tanzania Port Authority
Adani International Ports Holding has secured a contract with the Tanzania Port Authority to operate and manage berth 2 of Dar es Salaam Port.
Yang Ming Hints at Entry to the 24,000 TEU Boxship Club
Yang Ming Marine Transport's management has indicated that the company will soon join the ranks of 24,000 TEU container ship owners.
China's Top Shipping Lines Undergo Major Reshuffle
A significant reshuffling of China's leading shipping brands is in progress, with China Merchants set to divest its container and RoRo businesses
Stricter Monitoring by China’s Maritime Safety Administration
China’s Maritime Safety Administration (MSA) has tightened its monitoring of vessels, according to a recent update from class society DNV.
Carnival & Maritime University of Mexico Launch Cadet Program
Carnival Cruise Line has announced a partnership with the Maritime and Port University of Mexico to establish a cadet program aboard its fleet.
Hafnia & Símbolo Add More Partners to AI Joint Venture
Hafnia and Símbolo have expanded their foundational AI joint venture named Complexio (formerly Quintessential AI) by adding four more partners.
MSC Edges Closer to Takeover of Norway's Gram Car Carriers
Mediterranean Shipping Co (MSC) is nearing the acquisition of Norway’s Gram Car Carriers (GCC), with major shareholders agreeing to the deal.
Judge Denies Plea to Halt Virginia Beach Offshore Wind Project
A U.S. federal judge has denied a request to halt the construction of Dominion Energy's Coastal Virginia Offshore Wind project in Virginia Beach.
Explora Journeys To Partner with 37th America’s Cup
Explora Journeys has announced its role as a Global Partner for the Louis Vuitton 37th America’s Cup, set to take place this year in Barcelona.
X-Press Feeders Signs with Shanghai Waigaoqiao Shipbuilding
X-Press Feeders has signed a letter of intent for four conventionally fueled 10,000 TEU ships with Shanghai Waigaoqiao Shipbuilding (SWS),
China's CHN Energy Buys 11 Bulk Carriers, Enters Sector
State-backed CHN Energy, China's largest coal mining and utility firm, acquires 11 bulkers from Citic Financial Leasing, marking its sector debut
Brazilian Port Finds Temp Solution to Terminal Operator Woes
Authorities in Brazil have implemented a temporary solution to manage one of the country's ports, nearly 18 months after the previous operator left
Tanker Operators Plead Guilty to Federal Pollution Charges
U.S. Department of Justice states two operators of the tanker PS Dream have pleaded guilty to violating the Act to Prevent Pollution from Ships.
Bord Gáis Energy & Corio Generation Explore Irish Offshore Wind
Corio Generation, an offshore portfolio company of Macquarie’s Green Investment Group partners with Ireland’s energy supply firm Bord Gáis Energy
Small Island States Win at Tribunal for Law of the Sea
Small island states achieve climate victory at the International Tribunal for the Law of the Sea, the world court for ocean-related issues.