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NYK Agrees to Sell its “Costly” Air Cargo Operation to ANA

NYK Agrees to Sell its “Costly” Air Cargo Operation to ANA

By The Maritime Executive
March 7, 2023
NYK (Nippon Yusen Kabushiki Kaisha) has agreed to sell its air cargo operation which was started more than 40 years ago and remains Japan’s only airline dedicated solely to cargo, to ANA Holdings. The...
MSC Boxship Runs Aground in Suez Canal

MSC Boxship Runs Aground in Suez Canal

By The Maritime Executive
March 5, 2023
On Sunday, another supersized container ship ran aground in the close confines of the Suez Canal. This time, however, there was little if any disruption, and the ship was quickly refloated and on her...
MSC Cruises Partners with ORCA to Reduce Mammal Stikes

MSC Cruises Partners with ORCA to Reduce Mammal Stikes

By The Maritime Executive
March 5, 2023
MSC Cruises has partnered with marine conservation charity ORCA to reduce the likelihood of collisions with whales, dolphins, and porpoises in oceans worldwide by using a comprehensive ship strike mit...
MSC Expands Central African Service Leveraging Bolloré Acquisition

MSC Expands Central African Service Leveraging Bolloré Acquisition

By The Maritime Executive
March 3, 2023
Mediterranean Shipping Company (MSC) is moving to expand its service to Africa. The continent has been viewed as one of the strongest growth opportunities for shipping companies with each of the major...
Record Number of Methanol-Fueled Ships Ordered Reports DNV

Record Number of Methanol-Fueled Ships Ordered Reports DNV

By The Maritime Executive
March 3, 2023
After a slow start to 2023 for orders of alternatively fueled ships, DNV is reporting the momentum generated in 2022 resulted in a record order of dual-fuel methanol ships as well as strong growth for...
Record Single Day Passenger Arrival in Nassau as Cruises Grow

Record Single Day Passenger Arrival in Nassau as Cruises Grow

By The Maritime Executive
March 2, 2023
Nassau in the Bahamas set a new record for the highest number of passengers to arrive at the port in a single day. Two of the world’s largest cruise ships along with four other large cruise ships were...
Freight Forwarders Want D&D Revised to Restore Pre-Pandemic Free Time

Freight Forwarders Want D&D Revised to Restore Pre-Pandemic Free Time

By The Maritime Executive
March 1, 2023
FIATA, the International Federation of Freight Forwarders Associations, issued a new call for shipping lines and terminals to restore container policies including detention and demurrage fees to pre-p...
COSCO and MSC Agree to Pay $96.5M to Settle Oil Spill Lawsuit

COSCO and MSC Agree to Pay $96.5M to Settle Oil Spill Lawsuit

By The Maritime Executive
March 1, 2023
The shipping companies that owned, chartered, and operated two containerships that were believed to have contributed to the October 2021 oil spill off Southern California have agreed to pay the pipeli...
ClassNK Adds Standards Operation of Containerships

ClassNK Adds Standards Operation of Containerships

By The Maritime Executive
February 28, 2023
ClassNK has released "Guidelines for Container Stowage and Securing Arrangements (Edition 3.0)" and "Guidelines for Parametric Roll Countermeasures" to achieve and safer and more efficient marine tran...
Australia Bans MSC-Managed Boxship and Starts Year-Long Monitoring

Australia Bans MSC-Managed Boxship and Starts Year-Long Monitoring

By The Maritime Executive
February 27, 2023
The Australian Maritime Safety Authority (AMSA) issued a 90-day ban to a Cypriot-owned containership managed by MSC Shipmanagement following what it describes as “months of sub-standard performance” o...

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