Corporate News

Travel Advisors Could Bag Free Cruise in Variety Promotion

Variety Cruises announced an incentive promotion today for travel advisors booking vacations on the company’s Tahiti and French Polynesia cruises

Stake in Race Bank Wind Farm Bought by Norwegian Wealth Fund

Macquarie Asset Management and Spring Infrastructure Capital have sold 37.5% of the Race Bank wind farm to Norges Bank Investment Management.

Euroseas Enters Time Charter Contract for Newbuild Feeder

The Nasdaq-listed Greek boxship owner, Euroseas, has secured a time charter contract for a new feeder ship that is currently being built.

WSC Annual Report Shows Record Low of Containers Lost at Sea

The World Shipping Council has published its annual report on containers lost at sea, noting a substantial decrease to 221 boxes lost in 2023.

Eurus Energy Buys Into Floating Scottish Wind Farm

Eurus Energy has entered into an agreement to invest in the 100 MW Pentland floating offshore wind farm project located in Scotland.

LNG & Container Ship Orders Push Delivery Dates into 2029

Orders for LNG carriers and container ships continue to dominate the order books at Asian shipyards with brokers reporting an increase in orders.

Maersk Secures V236 Turbine Heavy Lift Contract from Vestas

Danish shipping and logistics company Maersk has secured a contract from Vestas, a leading wind turbine manufacturer in Denmark.

MSC Cruises Press Release Lays Out Leadership Changes

MSC Cruises USA announces President Rubén Rodríguez will retire from his position effective April 30, 2025, in line with long-term personal plans

Further Raft of Shipping Sanctions for Russia During G7

As G7 leaders meet in Italy this week, a new series of coordinated sanctions against Russia have been making headlines, many affecting shipping.

MSC Vessel Hit with Arrest Warrant After Speeding Incident

The US Court issue arrest warrant for MSC Michigan VII following a lawsuit by a terminal operator claiming the vessel damaged a Charleston Pier.

Four New Chemical Tanker Newbuilds for Alita Shanghai

Alita Shanghai International Shipping is expanding its fleet of stainless steel chemical tankers by commissioning up to four new ships.

China and Russia Partner to Create Arctic Liner

Marine Hotel Association & Culinary Institute of America Team Up

Five Cruise Lines Reap Blue Circle Awards in Vancouver

The Vancouver Fraser Port Authority honored environmental leadership at the Port of Vancouver through its yearly Blue Circle Awards.

Gulf Energy Maritime Returns to South Korea for New MR Tankers

Gulf Energy Maritime, who specializes in commercial product and chemical tankers, has placed an order for MR vessels at HD Hyundai Mipo Dockyard.