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Iran Plans to Sell Seized Commercial Ships to “Compensate” Fishermen

Iran Plans to Sell Seized Commercial Ships to “Compensate” Fishermen

An Iranian judicial official in a local TV interview said they planned to sell seized commercial ships linked to the Americans and Israelis as a form of compensation. In the past, Iran has sold seized...

Crew Rescued After Abandoning Small MSC Boxship off Vietnam

Crew Rescued After Abandoning Small MSC Boxship off Vietnam

Singapore’s Maritime Rescue Coordination Center is reporting that the crew of an MSC containership was rescued on September 22 after abandoning their vessel. The report indicates there were no injurie...

PortMiami Reaches 10M Cruise Passengers to Reclaim World’s Largest Title

PortMiami Reaches 10M Cruise Passengers to Reclaim World’s Largest Title

PortMiami is surpassing 10 million cruise ship passenger movements in FY 2026, which returns it to the position of the busiest cruise home port in the world. It is the first time any port has handled...

Report: MSC Explores Acquiring Germany’s Controlling Stake in Meyer Werft

Report: MSC Explores Acquiring Germany’s Controlling Stake in Meyer Werft

MSC Group is reported to be exploring acquiring the controlling ownership stake in Germany’s Meyer Werft shipbuilder, Bloomberg reported. The story says the company has ongoing discussions with German...

K Shipbuilding, Sejin and ClassNK Signed MOU for LPG Carrier Design

K Shipbuilding, Sejin and ClassNK Signed MOU for LPG Carrier Design

[By ClassNK] K Shipbuilding Co., Ltd., Sejin Heavy Industries Co., Ltd. and ClassNK have signed an MOU (Memorandum of Understanding) regarding the joint development of a new generation Eco LPG carr...

Maersk Confirms Reports of Large New Ship Order

Maersk Confirms Reports of Large New Ship Order

Maersk is moving forward with a large new ship order, equivalent to approximately 10 percent of the carrier’s current total capacity in operation. The news comes after days of speculation in the indus...

Germany Receives Next FSRU as It Adds LNG Import Capacity

Germany Receives Next FSRU as It Adds LNG Import Capacity

The state-owned Deutsche Energy Terminal GmbH (DET) highlighted the return of its fourth FSRU (Floating Storage and Regasification Unit) as it gears up for increased LNG import capacity. Germany launc...

OOCL Sends First Ship Through Suez as Canal Highlights Growth

OOCL Sends First Ship Through Suez as Canal Highlights Growth

Orient Overseas Container Line (OOCL) joined the growing number of container lines returning to the Suez Canal, sending its first ultra-large vessel through the canal as part of Cosco’s strategy to re...

HD Hyundai Samho, ClassNK Sign MOU for LNG Carrier Design

HD Hyundai Samho, ClassNK Sign MOU for LNG Carrier Design

[By HD Hyundai Samho] HD Hyundai Samho Co., Ltd. and ClassNK have signed a Memorandum of Understanding (MOU) for joint development of an LNG carrier design incorporating the forthcoming amendments...

HD Hyundai Samho, Avikus and ClassNK Sign Autonomous Navigation System MOU

HD Hyundai Samho, Avikus and ClassNK Sign Autonomous Navigation System MOU

[By ClassNK] HD Hyundai Samho Co., Ltd., Avikus Co, Ltd. and NIPPON KAIJI KYOKAI (ClassNK), have signed a Memorandum of Understanding (MOU) for a Joint Development Project (JDP) aimed at developing...