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Shareholder Group and ONE Agree to $10.9B Buyout of Seaspan’s Parent

Shareholder Group and ONE Agree to $10.9B Buyout of Seaspan’s Parent

By The Maritime Executive
November 1, 2022
Three months after proposing a deal to buy the remaining stock of Atlas Corporation, an investment group that includes the company’s chairman, largest investors, and Japan’s Ocean Network Express (ONE...
Mastermind in Cocaine Smuggling Scheme Aboard MSC Vessels Arrested

Mastermind in Cocaine Smuggling Scheme Aboard MSC Vessels Arrested

By The Maritime Executive
October 31, 2022
In a new twist in the long-running drug smuggling case involving containerships from Mediterranean Shipping Company (MSC), U.S. Federal authorities reported the indictment and arrest of one of the mas...
Trawler Sinks After Colliding With an MSC Boxship Off Virginia

Trawler Sinks After Colliding With an MSC Boxship Off Virginia

By The Maritime Executive
October 30, 2022
On Friday, the U.S. Coast Guard and two good samaritan vessels rescued 13 people from a fishing vessel after it collided with a boxship about 60 miles southeast of Chincoteague, Virginia. Watchstan...
COSCO Orders 12 Ultra-Large, Green Methanol Containerships for $2.9B

COSCO Orders 12 Ultra-Large, Green Methanol Containerships for $2.9B

By The Maritime Executive
October 28, 2022
China’s COSCO Shipping Holdings has confirmed earlier reports that it is planning a major ship expansion program announcing on October 28 that they have signed orders for 12 new 24,000 TEU containersh...
FMC Complaints: Samsung Files Against Zim; Trucker Files Against MSC

FMC Complaints: Samsung Files Against Zim; Trucker Files Against MSC

By The Maritime Executive
October 26, 2022
The Federal Maritime Commission received two new complaints filed on October 25 against two large carriers alleging overcharging for detention and demurrage (D&D) fees as well as abusive business prac...
MSC’s TIL Invests in New Baltimore Sparrows Point Container Terminal

MSC’s TIL Invests in New Baltimore Sparrows Point Container Terminal

By The Maritime Executive
October 25, 2022
Plans were announced for the development of another major container terminal serving the Port of Baltimore and the U.S. East Coast to be located at the former Bethlehem Steel site at Sparrows Point.  ...
Crewmember Stabbed by a Shipmate at Port of Long Beach

Crewmember Stabbed by a Shipmate at Port of Long Beach

By The Maritime Executive
October 24, 2022
On Monday morning, an altercation between two crewmembers at the Port of Long Beach ended in a stabbing, according to local police. At about 0145 hours Monday morning, the Long Beach Police Departm...
MSC Takes Delivery of Largest LNG/Fuel Cell-Powered Cruise Ship

MSC Takes Delivery of Largest LNG/Fuel Cell-Powered Cruise Ship

By The Maritime Executive
October 24, 2022
MSC Cruises took delivery of its largest cruise ship and started construction on a sister ship at Chantiers de l’Atlantique in Saint-Nazaire, France. At 215,863 gross tons, the cruise ships hold a ran...
MSC Reaches a Deal to Buy Rimorchiatori's Towing Business

MSC Reaches a Deal to Buy Rimorchiatori's Towing Business

By The Maritime Executive
October 23, 2022
Number-one carrier MSC Shipping has agreed to buy a large towage operator based in Italy, Rimorchiatori Mediterranei. The Genoa-based towing firm is the largest in Italy and operates more than 100...
Maersk-MSC Partnership Tests Terminal Expected to Be West African Hub

Maersk-MSC Partnership Tests Terminal Expected to Be West African Hub

By The Maritime Executive
October 21, 2022
Testing was recently completed at the Ivory Coast’s new container terminal which is due to open in November. Built by the Chinese and operated in a partnership between companies owned by Maersk and MS...

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