Sea
The Port of Galveston celebrated the opening of its fourth cruise terminal on Nov. 7, with a terminal ribbon-cutting and welcoming ceremony for MSC Seascape, the first ship to homeport at the new terminal.
“This is a tremendous milestone in the port’s history as a major U.S. cruise port. We welcome MSC Cruises as a new cruise partner, as well as a Norwegian Cruise Line Holdings (NCLH), which has committed to ...
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Port activity in Georgia now supports nearly 651,000 full- and part-time jobs across the Peach State, according to an economic impact study by the University of Georgia’s Terry College of Business. The statewide number has grown by 41,770 jobs or 7 percent compared to fiscal ...
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French Carrier CMA CGM has entered its fleet and registered 10 new liquefied natural gas (LNG) dual-use 24,212-TEU vessels, the largest LNG-powered ships in the world.
Rodolphe Saadé, chairman and CEO of the CMA CGM Group, made the announcement at the 20th edition of the Assises ...
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Canaveral Port Authority CEO Capt. John Murray in his annual state of the port address, detailed how all segments of operations – cruise, cargo, recreation, real estate, commercial fishing and aerospace – contributed to the Central Florida port’s performance.
Revenue for fiscal year 2025 reached US$218 ...
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Following U.S.-China trade negotiations, China has committed to resume imports of U.S. soya beans and will purchase 12 million tonnes during the rest of 2025 and 25 million tonnes per year during the next three years, like 2024 volumes. If these commitments are met, U.S. ...
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Coal shipments are forecast to decline 4.9 percent between 2025 and 2027, as demand is falling as electricity generation from renewable sources continues to expand, particularly in China, Europe and India, said BIMCO, the Danish shipping association.
Furthermore, the global steel demand outlook is weak, contributing ...
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Global investment firm KKR said it has launched Galaxy Container Solutions, a global marine container leasing and financing platform, in partnership with a team of industry veterans.
Galaxy will be owned by KKR-managed credit funds and accounts, which are committing US$500 million to the company via ...
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Average container market spot rates from the Far East to U.S. was flat on all five main front-hauls the week of Oct. 31, and remain so against levels seen in mid-October, said Xeneta, the freight rate benchmarking and market analytics platform.
Compared to September, average Far ...
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The 19th edition of One World’s Market Sentiment Index (MSI) for the multipurpose and breakbulk Industryreflects a modest rise for the first time in 2025 to a level of 53.3, despite a maritime industry roiled by the chaos of the U.S. administration.
Of the 27 carriers ...
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The American Maritime Partnership said it has released a study by Seafarers’ Rights International (SRI) that finds cabotage laws exist on 85 percent of the world’s coastlines and are growing in number at an unprecedented pace.
The Cabotage Laws of the World report, commissioned by the ...
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