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MSC Mega-Order Revives China's Rongsheng Shipyard, a Long-Defunct Giant

MSC Mega-Order Revives China's Rongsheng Shipyard, a Long-Defunct Giant

By The Maritime Executive
November 5, 2024
MB Shipbroking has confirmed long-running rumors that Jiangsu Rongsheng Heavy Industries, a dormant mega-yard near Shanghai, will be revived after a decade of inactivity. A large-scale contract f...
Late Arriving Containership Delays Reach Highest Levels Since Pandemic

Late Arriving Containership Delays Reach Highest Levels Since Pandemic

By The Maritime Executive
November 4, 2024
The average delay for containerships behind schedule has continued to increase in 2024 rising to the highest levels except during the peak of the pandemic and surge in container volumes. Sea-Inte...
Canadian West Coast Ports Set to Stop Work as Union Lockout Begins

Canadian West Coast Ports Set to Stop Work as Union Lockout Begins

By The Maritime Executive
November 4, 2024
Employers at Canada’s West Coast cargo ports confirmed they will be proceeding with the lockout of union members from the International Longshore and Wharehouse Union Ship & Dock Forema...
Maersk Highlights Strength in Volumes and Rates in Volatile Markets

Maersk Highlights Strength in Volumes and Rates in Volatile Markets

By The Maritime Executive
October 31, 2024
Maersk reported third quarter results today emphasizing strong business performance across all its operations while highlighting the “times of high volatility and low visibility” for...
After Record Cruise Season, Alaska Will Add Virgin Voyages and MSC in 2026

After Record Cruise Season, Alaska Will Add Virgin Voyages and MSC in 2026

By The Maritime Executive
October 29, 2024
Alaska continues to be one of the most popular cruise destinations setting new passenger records since resuming operations after the pandemic. Based on the popularity with travelers seeking to exper...
Montreal Dockworkers Schedule Strike Against Terminal Operator for MSC

Montreal Dockworkers Schedule Strike Against Terminal Operator for MSC

By The Maritime Executive
October 29, 2024
Dockworkers in Montreal, Canada filed notice of their intent to go on strike starting Thursday, October 31, against two of the primary container terminals as part of their long-running contract d...
World Maritime University Graduation Ceremony 2024

World Maritime University Graduation Ceremony 2024

By The Maritime Executive
October 29, 2024
[By: World Maritime University] On Saturday, 2 November, the maritime leaders of tomorrow from over 70 countries will graduate from the World Maritime University (WMU). With the education and train...
Maritime Executive

A Few Dozen Big Owners Are Driving Asia's Shipbuilding Boom

By The Maritime Executive
October 28, 2024
Asia's largest shipbuilders are flush with orders from Western shipowners, and the prices that newbuild slots now command rival the peaks last seen in 2008, according to Clarksons. But despit...
Four African Stowaways Survive 2,000 NM Trip on Rudder of MSC Boxship

Four African Stowaways Survive 2,000 NM Trip on Rudder of MSC Boxship

By The Maritime Executive
October 28, 2024
It has happened again in the Canary Islands where Nigerian stowaways have been found sitting on the top of a vessel’s rudder having survived the perilous trip from Africa. Salvamento Mariti...
Hanwha Ocean Courts U.S. Navy for Work in Korea and Philadelphia

Hanwha Ocean Courts U.S. Navy for Work in Korea and Philadelphia

By The Maritime Executive
October 25, 2024
South Korean shipbuilder Hanwha Ocean is continuing its efforts to build its relationship with the U.S. Navy as it looks to grow the acquired Daewoo Shipbuilding and Marine Engineering (DSME) operat...

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