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Biden Signs Ocean Shipping Reform Act, Taking Aim at Ocean Carriers

Biden Signs Ocean Shipping Reform Act, Taking Aim at Ocean Carriers

By The Maritime Executive
June 17, 2022
On Thursday, President Joe Biden signed the newly-passed Ocean Shipping Reform Act into law. In front of an audience including the sponsors of the bill along with representatives from the farming, ret...
Maritime Executive

MSC in Discussions to Buy Cruise Port Operator Global Ports

By The Maritime Executive
June 15, 2022
Global Ports Holding, an operator primarily of cruise ports around the world as well as some container terminals, confirmed media reports that it has been approached for takeover discussions by a divi...
WSC Responds to Reform Act, Claiming “Appalling Mischaracterization"

WSC Responds to Reform Act, Claiming “Appalling Mischaracterization"

By The Maritime Executive
June 14, 2022
Passage of the Ocean Shipping Reform Act continues to receive wide praise from a broad coalition of trade organizations, manufacturers, and exporters as the bill heads to President Biden who will sign...
Ocean Shipping Reform Act to Become Law Addressing Fees and Exports

Ocean Shipping Reform Act to Become Law Addressing Fees and Exports

By The Maritime Executive
June 13, 2022
The legislation meant to reform oversight of the ocean shipping industry passed the U.S. House of Representatives in a broadly bi-partisan effort late Monday afternoon clearing the way for President B...
MSC Cruises Publishes its 2021 Sustainability Report

MSC Cruises Publishes its 2021 Sustainability Report

By The Maritime Executive
June 12, 2022
[By: MSC Cruises] MSC Cruises has chosen World Oceans Day to publish its 2021 Sustainability Report. While the past year has again been marked by the challenges brought by the pandemic, MSC Cruises...
Disney Takes Delivery of its First LNG-Fueled Cruise Ship

Disney Takes Delivery of its First LNG-Fueled Cruise Ship

By The Maritime Executive
June 10, 2022
Disney Cruise Line took delivery on its new cruise ship the Disney Wish on Thursday in Bremerhaven, Germany. The ship, which is the first new cruise ship for the line in a decade departed yesterday to...
Maritime Executive

TKMS Acquires MV Werften’s Wismar Yard to Build Submarines

By The Maritime Executive
June 10, 2022
German defense shipbuilder Thyssenkrupp Marine Systems completed the acquisition of the primary asset of the bankrupt MV Werften shipyard. They plan to restart the shipbuilding operations in Wismar as...
Kongsberg Digital Signs Contract with MSC to Digitalize 500 Vessels

Kongsberg Digital Signs Contract with MSC to Digitalize 500 Vessels

By The Maritime Executive
June 9, 2022
[By: Kongsberg Digital] Kongsberg Digital and MSC, the world's largest container line, has signed a contract for digitalizing MSC’s entire fleet consisting of approximately 500 vessels with Vessel...
President Biden Says Shipping Costs are Major Part of Inflation

President Biden Says Shipping Costs are Major Part of Inflation

By The Maritime Executive
June 9, 2022
President Biden released a new message citing the ocean carriers and specifically the lines operating on the Pacific as a major contributor to the inflation Americans are currently experiencing. Calli...
Hapag-Lloyd Agrees to $2M Settlement with FMC Over D&D Charges

Hapag-Lloyd Agrees to $2M Settlement with FMC Over D&D Charges

By The Maritime Executive
June 9, 2022
Seeking to highlight the seriousness it places on the growing number of complaints from shippers over demurrage and detention fees, the Federal Maritime Commission is highlighting a $2 million settlem...

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