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Iranian Prosecutors Seek $170M Fine in Connection With MSC Aries Seizure

Iranian Prosecutors Seek $170M Fine in Connection With MSC Aries Seizure

Iranian prosecutors are seeking a hefty fine from London-based Zodiac Maritime in connection with the seizure of MSC Aries, the Zodiac-owned boxship that was seized by Iranian forces in February on th...

Seattle's Cruise Season Ends with Record Passenger Numbers

Seattle's Cruise Season Ends with Record Passenger Numbers

[By Port of Seattle] The Port of Seattle announced today the completion of the 2025 cruise season. The record cruise season delivered an estimated $1.2 billion in regional economic benefit, while p...

MSC Required to Divest of Ferry Operator Moby by Antitrust Regulators

MSC Required to Divest of Ferry Operator Moby by Antitrust Regulators

In a rare setback for the Mediterranean Shipping group and the Aponte family, the company is being forced to divest its investment in Moby, an operator of ferries between Italy and the islands of th...

Maersk Becomes Second Major Container Carrier to Reflag Ships in India

Maersk Becomes Second Major Container Carrier to Reflag Ships in India

Maersk has followed the lead set by CMA CGM and reflagged to containerships into the Indian register, according to reports in the local media. It follows the company’s statements earlier in th...

Cruise Industry on Track for Fourth Consecutive Growth Year

Cruise Industry on Track for Fourth Consecutive Growth Year

The cruise industry has roared back since the pandemic, as almost everyone in the travel industry is well aware. AAA and Tourism Economics, however, published new numbers to show just how strong the...

DEME Takes Delivery of Large WTIV with Hybrid Power to Reduce Emissions

DEME Takes Delivery of Large WTIV with Hybrid Power to Reduce Emissions

Belgium’s DEME Group is advancing ambitions to expand its role as a major player in offshore wind installations after taking delivery of an installation vessel that is being touted as having t...

Report: MSC Plans to Reflag a Few Containerships to India

Report: MSC Plans to Reflag a Few Containerships to India

A report coming from the Indian media says MSC Mediterranean Shipping Company is close to making a decision to reflag a few vessels under the Indian flag. The move would be in part to address pendin...

China is Including Cruise Ships in its New “Special Port Fees”

China is Including Cruise Ships in its New “Special Port Fees”

China is extending its new “special port fees” to visiting cruise ships, raising questions about whether the cruise industry will retreat from its planned port calls due to the costs. Th...

Russian Dark Fleet Looks for Further Flags of Convenience

Russian Dark Fleet Looks for Further Flags of Convenience

Russia’s dark fleet operators, who move cargoes of crude oil that can be subject to US and other Western-nation sanctions, have habitually used flags of convenience to register their tankers,...

India’s Cochin Shipyard Secures Mega Order from CMA CGM for First Boxships

India’s Cochin Shipyard Secures Mega Order from CMA CGM for First Boxships

India’s efforts to break into the leadership in global shipbuilding are taking a large step forward with Cochin Shipyard securing its first-ever international order for ocean-going containe...