Fincantieri Delivers Cruise Ship Viking Vesta
Viking Vesta, the second of a new series of cruise ships that Fincantieri is building for the shipowner Viking, was delivered at the Ancona shipyard, reads an official release.
Cruise Ship Viking Vesta delivered
The ceremony...
Mawani Finalizes Privatization Deals for Eight Key Cargo Terminals
Mawani signed 20-year privatization contracts for multipurpose cargo terminals at eight Saudi ports under a Build-Operate-Transfer model.
Saudi Global Ports and Red Sea Gateway Terminal Company will operate terminals across both Eastern and...
Ningbo Zhoushan Port Breaks Record Early with Smarter, Greener Growth
Port Expands Global Links with Faster, Smarter Logistics.
Sea-Rail and China-Europe Express Boost Inland Connectivity.
Smart Port Tech Advances Automation and Efficiency.
As of June 23, Ningbo Zhoushan Port has hit a remarkable milestone,...
ISSS 2025 to Address Unity, Innovation, and Crew Strategy in Shipping
The 2025 ISSS will focus on industry-wide collaboration, digitalisation, and crew management challenges.
CEOs from leading shipowning and shipmanagement firms will share insights on adapting to upcoming changes.
Discussions will explore whether the...
Container Shipping Market Adjusts as Rates Fall and Blank Sailings Rise
July Blank Sailings to Drop 44% as Carriers Cut Transpacific Capacity.
Transpacific Routes Account for Nearly Half of All Blank Sailings.
Schedule Reliability Improves with 93% of Departures on Track.
Global container shipping continues...
Evangelos Marinakis Expands Capital’s VLCC and LNG Fleet Amid Global Demand Surge
Capital Maritime, led by Evangelos Marinakis, has exercised a newbuild option for a VLCC at Hanwha Ocean, bringing the company’s total VLCC investment close to $1.2 billion.
The move is part of a...
Knutsen LNG France Expands Fleet with Delivery of LNG Carrier ‘Mraikh’ for QatarEnergy
Knutsen LNG France has taken delivery of the 174,000 cbm LNG carrier Mraikh from South Korea’s HD Hyundai.
The vessel will officially join QatarEnergy’s fleet on June 27, 2025, following completion of safety...
Greece Ranks Among Top 3 Global Shipping Nations with $183 Billion Fleet Value
Global shipping demonstrates strong resilience in H2 2025, with shipping asset values staying high amid ongoing geopolitical and economic challenges.
China maintains its lead with a $271 billion fleet, followed by Japan ($230...
BOC, PICC Launch Initiatives to Boost Shanghai’s Global Shipping Hub Goals
Bank of China (BOC) and PICC Group launched a comprehensive action plan on June 19 to strengthen Shanghai’s role as an international shipping center.
The plan introduces 10 measures focusing on shipping security,...
New Wave of Chinese Ocean Freight Arrives at U.S. West Coast Ports Ahead of...
The Ports of Los Angeles and Long Beach are witnessing the largest influx of Chinese shipments since January 2025, as importers rush to beat the August 12 tariff deadline.
While an increase in...