Global Ports Holding PLC, the world's largest cruise port operator, said on Wednesday it had received an approach about a potential cash offer from Swiss-based MSC Mediterranean Shipping Company.Shares of the London-listed company closed up…
The European cruise company, Costa Group, with its Costa Cruises and AIDA Cruises brands, which is part of Carnival Corporation, has created a dedicated decarbonization department within its Carnival Maritime unit based in Hamburg, Germany.The…
The U.S. Federal Maritime Commission (FMC) said it is establishing three new initiatives that will provide enhanced assistance to shippers, continue to improve legal and regulatory compliance of regulated entities, and focus on remedies to supply chain problems…
The Federal Maritime Commission approved a settlement agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd AG (Hapag-Lloyd) where the ocean carrier will pay a $2 million civil penalty to address alleged violations related to their detention and demurrage practices…
Police in Bangladesh on Wednesday opened an investigation into eight officials from a shipping container depot after a blaze killed at least 44 people, including 10 firefighters, and injured around 200 others, officials said.Firefighters put out the blaze at the depot in Sitakunda…
On June 7, 2022 Wilhelmsen launched its Port Services, according to the company setting a unique course for the future of the ships agency industry and the entire port ecosystem. One of the key steps taken already is to establish and internal incubator for new innovations and solutions…
Firefighters in Bangladesh brought a blaze at a container depot under control on Tuesday, three days after fiery explosions killed at least 43 people at a facility that a senior fire service official suspected had not followed safety guidelines…
Firefighters battled for a third day on Monday to control a huge fire that killed dozens when it triggered explosions at a Bangladesh container depot, as officials warned of the risk of further blasts if the flames spread to chemicals stored nearby…
The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the immediate designation of four new Marine Highway Projects as part of the America’s Marine Highway Program (AMHP). Projects in North Carolina, Alaska…
The Helen Delich Bentley Port of Baltimore will receive $15.6 million from the Federal Railroad Administration (FRA) Consolidated Rail and Infrastructure Safety Improvements (CRISI) program for its Rail Capacity Modernization Project. The Project…
Norwegian technology provider HAV Group ASA has received preliminary approval from DNV for its hydrogen-based energy system for cruise ships.The system uses liquefied hydrogen storage and fuel cells and was created as part of the FreeCO2ast project…
Anglo-Eastern Univan Group and the shareholders of Cruise Management International and CMI Leisure Management have signed a letter of intent regarding the sale of CMI to Anglo-Eastern. The move effectively opens up a new sector—expedition cruising—for Anglo Eastern's ship management operations…
Italian shipbuilder Fincantieri on Monday announce the float out of EXPLORA I, the first of four luxury cruise ships ordered by the Cruises Division of MSC Group for its new luxury brand Explora Journeys. The float out took place at Fincantieri’s shipyard in Monfalcone…
The tenth International Dry Dock Conference is scheduled to take place in Virginia Beach, VA, September 22-23, 2022.The 10th in this series of International Dry Dock Conferences/Advanced Training Forums is set, with discussions and knowledge…
According to the latest crowd-sourced data from Xeneta, long-term rates for reefer containers on the key US West Coast to Far East route soared almost 60% in April.In its report Xeneta notes a surge in rates of around $2000 per 40-ft. unit after the latest 12-month contracts came to a close…