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MSC Completes Hamburg Tender as Acquisition of Port Operator HHLA Proceeds

MSC Completes Hamburg Tender as Acquisition of Port Operator HHLA Proceeds

  MSC Mediterranean Shipping Company successfully completed the public tender offer for the operator of the Port of Hamburg clearing a critical hurdle to take the company private and proceed with t...

PortMiami Reclaims Title of Busiest Cruise Port with Growth Continuing

PortMiami Reclaims Title of Busiest Cruise Port with Growth Continuing

  PortMiami reclaimed its position as the world’s busiest cruise port in 2022-2023 reaching nearly 7.3 million passengers for the first time in its history. The whopping 82 percent increase of the...

ONE Containership Remains Anchored off Egypt Awaiting Inspection

ONE Containership Remains Anchored off Egypt Awaiting Inspection

  ONE Orpheus the container vessel that disrupted northbound traffic in the Suez Canal on December 6 remains at anchor off Port Said, Egypt. Ocean Network Express (ONE) wrote to customers that it w...

MCS' Emissions Estimator Gives Predictability on Voyage Costs with EU ETS

MCS' Emissions Estimator Gives Predictability on Voyage Costs with EU ETS

[By: OrbitMI] Voyage costs are set to increase with the EU Emissions Trading System (EU ETS) that will demand clarity on emissions both to determine stakeholder liabilities and manage compliance. A...

METIS Appoints Panos Theodossopoulos as New CEO

METIS Appoints Panos Theodossopoulos as New CEO

[By: METIS Cyberspace Technology] METIS Cyberspace Technology has appointed Panos Theodossopoulos as its new Chief Executive Officer, in a move designed to consolidate the company’s position as a l...

Suez Canal Northbound Traffic Resumes After ONE Containership Hits Bridge

Suez Canal Northbound Traffic Resumes After ONE Containership Hits Bridge

  The Suez Canal Authority is reporting that it was able to recover after an Ocean Network Express (ONE) containership hit a bridge disrupting today’s northbound convoy. At least six vessels had be...

NTSB: Dragged Anchor Caused San Pedro Bay Oil Spill

NTSB: Dragged Anchor Caused San Pedro Bay Oil Spill

The National Transportation Safety Board (NTSB) has called for new VTS safety measures after the anchor-drag incident that caused an oil spill off the coast of California in October 2021. The spill...

MSC Continues Acquisition Spree Making Offer for Freight Forwarder Clasquin

MSC Continues Acquisition Spree Making Offer for Freight Forwarder Clasquin

  MSC Mediterranean Shipping Company is continuing to move aggressively to expand its operations through strategic acquisitions as well as investments in its fleet. In its latest maneuver, it was r...

Five CEOs Call for Regulatory Partnership and End to Fossil Fuel Ships

Five CEOs Call for Regulatory Partnership and End to Fossil Fuel Ships

  The CEOs of five of the world’s largest shipping companies took the unusual step of joining together to outline a shared vision to accelerate the decarbonization of the global maritime industry....

The Great Suez Canal Renaissance

The Great Suez Canal Renaissance

The tectonic plates of world trade are shifting. Southeast Asia’s replacement of China as the world’s manufacturing powerhouse has enormous implications for international shipping routes, ports, and s...