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Cunard’s Former Princess Becomes Latest Cruise Ship Sold for Scrap 

Cunard’s Former Princess Becomes Latest Cruise Ship Sold for Scrap 

By The Maritime Executive
July 15, 2022
Another one of the classic cruise ships which helped to lay the groundwork for today’s billion-dollar industry has reached the end of its long career. Introduced in 1977 as Cunard Line’s C...
FMC Releases Interim Guidance for Enforcement of D&D Fee Disputes

FMC Releases Interim Guidance for Enforcement of D&D Fee Disputes

By The Maritime Executive
July 15, 2022
A month after the passage of the Ocean Shipping Reform Act, the U.S. Federal Maritime Commission has taken its first steps toward enacting provisions of the legislation. While the FMC has already been...
Israel Selects Winning Bid of $1.2B from India’s Adani for Haifa Port

Israel Selects Winning Bid of $1.2B from India’s Adani for Haifa Port

By The Maritime Executive
July 15, 2022
The Israeli government announced on Thursday that it has selected the winning bid for the privatization of the Haifa Port Company, which operated one of the largest container and cargo terminals in th...
Are Spot Rates an Effective Metric for Ocean Freight?

Are Spot Rates an Effective Metric for Ocean Freight?

By The Maritime Executive
July 13, 2022
The news of declining spot rates is a welcome development among shippers, whose wallets have been lightened by soaring freight costs over the last year. The limelight is on the transpacific trade rout...
Maritime Executive

MSC Ends Takeover Talks for Cruise Port Operator Global Ports Holdings

By The Maritime Executive
July 12, 2022
Takeover talks between Mediterranean Shipping Company and Global Ports Holding have been terminated. The operator primarily of cruise ports around the world as well as some container terminals announc...
Ships Reduced Speeds off California to Protect Blue Whales and Skies

Ships Reduced Speeds off California to Protect Blue Whales and Skies

July 12, 2022
“Protecting Blue Whales & Blue Skies” program announced results from an initiative to cut air pollution and protect endangered whales. Eighteen shipping companies participated in 2021,...
Containerships for First Time Are Largest Segment of Orderbook

Containerships for First Time Are Largest Segment of Orderbook

By The Maritime Executive
July 11, 2022
Global shipbuilding orders have been enjoying a strong rebound versus the lows experienced just a few years ago. In part driven by strong shipping demand since the onset of the pandemic, orders have r...
MSC Acquires Sole Ownership of Two Le Havre Terminals for Expansion

MSC Acquires Sole Ownership of Two Le Havre Terminals for Expansion

By The Maritime Executive
July 11, 2022
MSC will be undertaking a major investment at the Port of Le Havre, France over the next six years to expand the container handling capabilities of two of the port’s terminals with the goal of m...
Fincantieri Receives Order for New Luxury Cruise Ship

Fincantieri Receives Order for New Luxury Cruise Ship

By The Maritime Executive
July 11, 2022
In a new sign of renewed confidence in the cruise ship sector, Fincantieri received a new cruise ship order which the Italian shipbuilder is valuing at approximately euro 1.2 billion ($1.2 billion). I...
Brazilians Seek to Block Maersk and MSC from Santos Port Privatization

Brazilians Seek to Block Maersk and MSC from Santos Port Privatization

By The Maritime Executive
July 8, 2022
As Brazil prepares to move forward with the next phase of its privatization efforts for port operations, the independent terminal operators are working to block shipping giants Maersk and MSC from par...

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