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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...
Supply Chain Issues Continue to Delay Cruise Ship Newbuilds

Supply Chain Issues Continue to Delay Cruise Ship Newbuilds

By The Maritime Executive
October 21, 2022
Continuing supply chain disruptions resulting from the COVID-19 pandemic and repercussions from the war in Ukraine are continuing to impact cruise ship construction. The new brand Explora Journeys bei...
Amplify to Pay $50M to Settle Class Action Over 2021 Pipeline Leak

Amplify to Pay $50M to Settle Class Action Over 2021 Pipeline Leak

By The Maritime Executive
October 21, 2022
Amplify Energy has agreed to pay out a total of $50 million in the settlement of a class action lawsuit stemming from the October 2021 pipeline leak near Huntington Beach, California. Details on the s...
Royal Caribbean Unveils Details for World’s Largest Cruise Ship

Royal Caribbean Unveils Details for World’s Largest Cruise Ship

By The Maritime Executive
October 20, 2022
Royal Caribbean International provided the first details on its much anticipated new cruise ship, the Icon of the Seas, which has been under construction in Finland for a year. At 250,800 gross tons,...
Report: MSC's Value Makes Apontes the Wealthiest Family in Switzerland

Report: MSC's Value Makes Apontes the Wealthiest Family in Switzerland

By The Maritime Executive
October 17, 2022
Mediterranean Shipping Company is famously quiet about its finances, but some straightforward math suggests that its founding family is the wealthiest in Switzerland - a nation with no shortage of bil...
Damen Shipyards Celebrates Blessing Ceremony for second MMIPV

Damen Shipyards Celebrates Blessing Ceremony for second MMIPV

By The Maritime Executive
October 17, 2022
[By: Damen Shipyards Cape Town] On 14 October 2022, the South African Navy (SAN) held a blessing ceremony for the second of three Multi Mission Inshore Patrol Vessels (MMIPV) at Damen Shipyards Cap...
Maritime Executive

Qatar Brings in Three Cruise Ships for World Cup Hotel Space

By The Maritime Executive
October 14, 2022
The organizers of the 2022 World Cup in Qatar have chartered in a third cruise ship to provide another 1,000-plus hotel rooms during the month-long event.  An estimated 1.2 million people will desc...
MSC’s Second Record-Setting Boxship Floated as Newbuilds Continue

MSC’s Second Record-Setting Boxship Floated as Newbuilds Continue

By The Maritime Executive
October 14, 2022
MSC’s new giant boxship was floated out by its Chinese shipbuilders as the carrier continues its rapid expansion. Despite the current slowing in volumes and rapid decline in freight rates, MSC is cont...
FMC Proposes Strict Limits on D&D Billing Practices

FMC Proposes Strict Limits on D&D Billing Practices

By The Maritime Executive
October 12, 2022
The Federal Maritime Commission has proposed new rules to rein in excessive demurrange and detention billing practices, which have imposed millions of dollars in extra costs on shippers and drayage co...

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