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Northern Lights has Deals With Shipping Lines to Double CO2 Transport Fleet

Northern Lights has Deals With Shipping Lines to Double CO2 Transport Fleet

The Norwegian CO2 storage initiative, which became the first commercial operation for carbon capture and storage, announced a new deal that will double the company’s fleet by 2029. This comes...

DiBella Designated as FMC Chair After Seven-Month Vacancy

DiBella Designated as FMC Chair After Seven-Month Vacancy

Recently appointed Commissioner Laura DiBella has been designated as the next Chair of the Federal Maritime Commission by Donald Trump. She joined the FMC officially on January 6 after confirmation...

Royal Caribbean Adds New Ocean Class and River Cruise Ships to Orderbook

Royal Caribbean Adds New Ocean Class and River Cruise Ships to Orderbook

Reporting a strong financial performance for 2025 and projecting 2026 ahead of investors’ expectations, Royal Caribbean Group announced key next steps in its ongoing shipbuilding and expansion...

Containership Demolition Hits 20-Year Low as Orderbook Continues to Grow

Containership Demolition Hits 20-Year Low as Orderbook Continues to Grow

The disposal of container ships during 2025 remained at record low levels as the industry sought to maintain capacity in part due to the continued diversion from the Red Sea. In a new report, Alphal...

MSC Assessed $22.67M in Civil Penalties by FMC for Shipping Act Violations

MSC Assessed $22.67M in Civil Penalties by FMC for Shipping Act Violations

MSC Mediterranean Shipping Company was fined a total of $22.67 million in civil penalties for a series of Shipping Act violations, the Federal Maritime Commission reported. It is part of the FMC&...

Bids Received for Removal of MSC Baltic III as Weather Damages Hulk

Bids Received for Removal of MSC Baltic III as Weather Damages Hulk

Nearly a year after the MSC containership MSC Baltic III blacked out and grounded in a remote part of Newfoundland, Canada, salvage companies are now bidding to undertake the removal of the hulk....

India’s First Chemical Tanker Order Advances Shipbuilding Ambitions

India’s First Chemical Tanker Order Advances Shipbuilding Ambitions

Swan Defence and Heavy Industries Limited (SDHI), located in India, confirmed that it has received its first shipbuilding order as part of the revitalization of its operations. The order, which c...

CMA CGM on Track for Growth as it Puts 400th Owned Ship in Service

CMA CGM on Track for Growth as it Puts 400th Owned Ship in Service

French carrier CMA CGM highlights that it will be putting its 400th owned ship (in a fleet of over 650 vessels) into service as it continues its growth strategy. The company highlighted its status a...

Report: Hutchison Explores New Structure to Sell Port Terminals

Report: Hutchison Explores New Structure to Sell Port Terminals

CK Hutchison is reported to be exploring a new path to structure the deal for the company to sell its interest in terminal operations at 43 ports in 23 countries, including the controversial termina...

Disney’s Ultra-Large Cruise Ship Makes U.S. Stop on Delivery Run to Asia

Disney’s Ultra-Large Cruise Ship Makes U.S. Stop on Delivery Run to Asia

The ultra-large Disney Adventure (208,108 gross tons) is making a brief appearance in the United States during its delivery run to Asia. The cruise ship pulled into Port Canaveral, Florida, on Janua...