Secretary of State for Wales, Jo Stevens MP, this week hosted the marine energy sector to discuss how industry and government can work together to realize Wales’ 6GW of tidal stream and wave energy potential. The discussion covered industry progress…
Professor Momoko Kitada, Nippon Foundation Professorial Chair in Gender and Innovation; Head, Maritime Education & Training at the World Maritime University (WMU), has been selected to receive the 2025 IMO Gender Equality Award, following her nomination by Japan…
The shipping industry has always been good at navigating uncertainty; however the rapid expansion of the shadow fleet represents a different kind of risk. It’s not just regulatory or geopolitical; it’s informational. Each vessel that goes dark removes a small piece of the world’s safety awareness…
South Carolina Ports recorded 206,859 TEUs at its marine terminals in October, a 1% year-over-year dip, as fiscal year volumes remain above plan. October marked the Port's strongest month for loaded exports since June, with an 18% year-over-year increase…
The Connecticut Maritime Association (CMA) announced that its most prestigious honor, The Commodore Award, has been renamed The Jim Lawrence Commodore Award, effective immediately. This change commemorates the extraordinary life and lasting legacy of Jim Lawrence…
CMA CGM closed the third quarter of 2025 with a mixed scorecard that underlines how volatile geopolitics continue to reshape global liner networks. Group results fell year-on-year, but the core shipping arm lifted liftings and stabilized sequentially…
Stolt-Nielsen Limited announced that Jens F. Grüner-Hegge, the Company’s Chief Financial Officer (CFO), has decided to retire from his executive position in the second half of 2026. Alex Ng, current Vice President, Corporate Development & Strategy…
Star Bulk Carriers reported a weaker third quarter amid softening dry bulk markets, lower charter rates and a smaller operating fleet, while continuing to reshape its fleet through vessel sales, refinancing and newbuilding acquisitions.The company posted net income of $18…
“Iron ore shipments to China have risen 7% y/y since the end of June, following a stable period during the first half of the year. However, Chinese steel production has remained weak, leading to a build-up of portside inventories which reached an eight-month high in week 45…
Damen Shipyards Group has announced the successful delivery of four advanced dredging component packages for Trailing Suction Hopper Dredgers (TSHDs). These vessels, which are being constructed at different shipyards in Central America, where…
German container shipper Hapag-Lloyd posted a 50% drop in nine-month net profit to 846 million euros ($989 million) on Thursday and lowered the top end of its full-year earnings forecast, blaming volatile markets and pledging to be strict on costs…
The ABS Board of Directors has elected John McDonald as the new Chairman and Chief Executive Officer of ABS at a board meeting on November 11.In the culmination of a well-planned succession process, McDonald, the serving ABS President and Chief Operating Officer…
Houthi militia have reportedly ceased attacks on Israel and shipping in the Red Sea, and the impact could be seismic for global ocean container shipping, warns Chief Analyst Peter Sand at Xeneta. However, an immediate largescale return to the region will require a series of further assurances…
SFL posts Q3 2025 revenue of $178 million and net income of $8.6 million; declares 87th consecutive quarterly dividend of $0.20 per share.Contracted charter backlog reaches $4 billion with a weighted average term of 6.5 years, two-thirds backed by investment-grade clients…
Fincantieri has secured a new order from Norwegian Cruise Line Holdings Ltd. (NCLH) to build an ultra-luxury cruise ship for its Regent Seven Seas Cruises brand, reinforcing one of the most enduring partnerships in the global cruise sector.Scheduled for delivery in 2033…
