Healthy Profits & Revenue Reported by Piraeus Port Authority
Piraeus Port Authority announced the successful conclusion of its Annual General Meeting of shareholders, held on July 4 2024 via teleconference.
Corporate News
MSC Acquires Two Container Ships Under Construction in China
Mediterranean Shipping Co (MSC) has acquired two containerships that are currently under construction in China from BAL Container Line.
North American Port Strike Possibility Worries Supply Chain
The threat of port strikes throughout North America, including Canada, continues to cause concern within already strained supply chains.
OEUK Congratulates Starmer, Raises Offshore Industry Concerns
Offshore Energies UK congratulates Labour leader Keir Starmer for general election win but has concerns about the country's offshore sector.
Cabin Giveaway for Travel Advisors by Riviera River Cruises
In honor of the 4th of July and Canada Day Riviera River Cruises has a giveaway to US and Canadian travel advisors, according to a press release.
Maersk Pulls Out of DB Schenker Acquisition
Danish container shipping giant Maersk has decided against acquiring the German logistics company DB Schenker citing potential integration issues
Germany Vetoes Sale of MAN's Gas Turbine Firm to China
The German government in Berlin has blocked the sale of MAN Energy Solutions’ gas turbine division to a Chinese shipbuilding company.
Trial Delayed: Captain Missing in Illegal Oil Transfer Case
The trial at the Indonesian district court in Batam has been postponed due to the disappearance of the accused, the captain of the tanker involved.
Timo A. Schön Appointed Bremerhaven's General Manager
Global Ports Holding (GPH) has announced the appointment of Timo A. Schön as the new general manager for Bremerhaven Cruise Port.
New Hanseatic Global Terminals Revealed by Hapag-Lloyd
Hapag-Lloyd's terminal and infrastructure division has been renamed Hanseatic Global Terminals. The company is the world’s fifth-largest carrier.
ONE to Improve Thailand Indonesia Service
Ocean Network Express (ONE) will be upgrading its Thailand Indonesia Service (TID1) starting from July 10th 2024.
New Ships & Transfers Mean Larger Share of Carnival Fleet
Carnival Cruise Line is expanding rapidly with the addition of new ships, transfers from Costa, and two P&O Australia ships.
AIDA Drydock Initiative Promises Exceptional Returns
The AIDA Evolution drydock program is expected to deliver big returns, according to Carnival Corporation’s president and CEO, Josh Weinstein.
MSC Diversifies Yet Again to Buy 15% Stake in Genoa Airport
Mediterranean Shipping Co (MSC), flush with cash, has acquired a 15% stake in Genoa airport for an undisclosed amount of money.
Ambassador Cruise Line Opens U.S. Office & Toll-Free Number
Ambassador Cruise Line has announced the launch of a dedicated office and toll-free phone line in the United States, according to a press release
Mitsui OSK Lines Invests in Innovative Seaglider Technology
Japanese shipping giant Mitsui OSK Lines (MOL) has invested in an American company developing a groundbreaking form of transportation.
Saga Provides Trading Update Ahead of Annual General Meeting
Saga Group issued a trading update in advance of its Annual General Meeting scheduled for Tuesday, June 25, at Numis Securities in London.
Mitsui OSK Lines & Kristian Jebsen in Gearbulk Takeover Deal
MOL, Japan's leading shipowner, is set to acquire Gearbulk from Kristian Jebsen, with the transaction expected to finalize by January 2025.
LPG/Ammonia Carrier Order for Tianjin Southwest Maritime
Tianjin Southwest Maritime has returned to CSSC-affiliated Huangpu Wenchong Shipbuilding to commission larger ammonia dual-fuel gas carriers.
Chocolate Heaven Onboard as Holland America & Lindt Team Up
Holland America Line has announced a new collaboration with Lindt & Sprüngli to offer specially crafted experiences on board, according to PR.