News

Germany-based TUI Group has completed the sale of its subsidiary Hapag-Lloyd Cruises to TUI Cruises, a joint venture which TUI has with Royal Caribbean. TUI

By K. Oanh Ha, Krystal Chia and Claire Jiao (Bloomberg) — Like thousands of other seafarers, Karika Neethling wanted to get home as the coronavirus

TOKYO, July 9 (Reuters) – Japan will craft new rules and support infrastructure in a drive that aims to build offshore wind farms at 30 sites during the

The global container shipping industry continues to see a declining trend in the number of containers lost at sea each year. The World Shipping Council (WSC)

By Mike Wackett (The Loadstar) – After better-than-expected first-quarter results, ocean carriers have upgraded their financial guidance, despite the

The second of two Kanalao-class “con-ro” ships for Honolulu-based Matson, Inc. (NYSE: MATX) was launched last week at General Dynamics NASSCO

By Brian K. Sullivan (Bloomberg) –After a frenzied start, the Atlantic hurricane season could turn out to be the most active since 2005, when a record 28

By Tim Kelly TOKYO, July 6 (Reuters) – Two U.S. Navy aircraft carriers are conducting exercises in the contested South China Sea within sight of Chinese

By Marine Strauss BRUSSELS, July 7 (Reuters) – European lawmakers agreed on Tuesday to include international carbon emissions from the maritime sector in

French shipping group CMA CGM says it is simplifying its transpacific trade network by removing APL from the trade and naming CMA CGM as the group’s

By Jonathan Levin and Christopher Palmeri (Bloomberg) –Two of the world’s largest cruise operators insist their ships are no more vulnerable to the

By Christopher Palmeri and Jonathan Levin (Bloomberg) –Royal Caribbean Cruises Ltd. and Norwegian Cruise Line Holdings Ltd., two long-time rivals in the

A Singapore-flagged log carrier that lost power as it departed New Zealand’s Port of Tauranga is now safely at anchor in deep water outside the harbor,

The twin-hulled heavy lift vessel VB-10,000 has arrived at the Port of Fernandina in Florida for its final modifications as it prepares to cut up and remove of

COPENHAGEN, July 6 (Reuters) – Maersk said on Monday it had agreed to buy Sweden-based customs broker KGH Customs Services for 2.6 billion Swedish crowns

By Ann Koh (Bloomberg) –Sharp swings in container freight rates are likely to continue this quarter as shipping companies struggle to gauge demand amid

By Paul Burkhardt (Bloomberg) –Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare example of

The car carrier Höegh Xiamen has been declared a total loss following a fire that broke out onboard last month in Jacksonville, Florida, its owner announced

By Roslan Khasawneh SINGAPORE, July 3 (Reuters) – Global supply of fuel oil, used by ships and power plants, is expected to grow in the third quarter,

By Jonathan Saul LONDON, July 3 (Reuters) – Djibouti has carried out the first crew change of merchant sailors in its territory and is ready to get home