Corporate News

US Invests $774m in Port Infrastructure Projects

The US Department of Transportation’s Maritime Administration (MARAD) has announced a $774 million funding package to support port infrastructure.

The port of Los Angeles

OOCL Ordered to Pay Record $45.6m in Shipping Case

A US administrative law judge has ruled that OOCL must pay $45.6 million in reparations to the bankruptcy estate of retailer Bed Bath & Beyond.

An OOCL container ship docked in a port

Carnival Faces Lawsuits Over Reported Data Breach

Carnival is dealing with a number of lawsuits following a reported data breach that may have exposed personal information of millions of customers.

A red warning sign and exclamation point in front of data

PSA Expands Investment in Xiamen Container Terminals

PSA International acquires stake in Xiamen Container Terminal Group, which operates eight terminals with an annual capacity of around 20 million TEU.

Xiamen Port in Fujian Province, China

Mission to Seafarers Launches Shore Happiness Index

Mission to Seafarers is introducing a new Shorebased Happiness Index, designed to assess the wellbeing of maritime professionals working ashore.

Yellow balls with various smiling and laughing faces on them

Massachusetts Activates Vineyard Wind Contracts for Savings

An offshore windfarm at sundown

Royal Caribbean Tests Early Cabin Assignment Option

Royal Caribbean International is testing a new option that allows guests booking guarantee cabins to pay a fee for earlier stateroom assignments.

The Explorer of the Seas cruise ship docked in Miami

US Buys Out Offshore Wind Projects in $900m Deals

The Trump administration has reached agreements with two more energy firms to exit their offshore wind projects, with nearly $900 million being paid out.

An offshore wind farm against a blue sky

Virgin Voyages Launches AI Assistant for Cruise Planning

Virgin Voyages has introduced its first AI-powered tools, including an onboard crew assistant and a travel planning assistant named Rovey.

The letters A and I surrounded by sand

SINAY Acquires MariTrace to Expand Maritime Data Platform

The consolidation of vessel tracking companies is continuing, with UK-based MariTrace now acquired by French ocean data intelligence firm SINAY.

Oil tankers moored at sunset

Nicaragua, Equatorial Guinea Linked to Rise in Shadow Shipping

Windward has identified Nicaragua and Equatorial Guinea as newly emerging ship registries that are beginning to take on shadow fleet tonnage.

The flags of Nicaragua and Equatorial Guinea against an ocean backdrop

Cruise Lines Fund Rebuild of Ketchikan Veterans Post

Princess Cruises, Holland America Line announce joint contribution of $175,000 for reconstruction of an American Legion Post in Ketchikan, Alaska.

Boats in Ketchikan's Harbor, Alaska, USA

Massachusetts Court Orders GE to Stay on Vineyard Wind Project

A Massachusetts judge has issued a preliminary injunction requiring GE Vernova to continue its involvement in the Vineyard Wind offshore project.

An offshore windfarm

Top Cruise Lines Honored at F&B@Sea 2026 Awards

A number of cruise operators and industry figures have been celebrated at the F&B@Sea Awards, recognizing excellence in onboard food and beverage.

A bottle of Champagne being poured into flutes

India Launches Maritime Insurance Pool for P&I Cover

India is taking steps to develop its own protection and indemnity (P&I) framework through the creation of the Bharat Maritime Insurance Pool.

The Indian flag flying against a blue sky

IMO Approves New Ship Registration Transparency Rules

The IMO has introduced new guidance intended to increase transparency in ship registration and address the rising misuse of vessel flags.

Different countries' flags flying on flagpoles against a blue sky

Princess Cruises Orders Three Next-Gen LNG Cruise Ships

Princess announces new agreements with Fincantieri for the construction of three next-generation cruise ships, according to a company statement.

The bow of a Princess cruise ship showing the Princess logo

UK Approves Outer Dowsing Offshore Wind Project

GTR4 Limited has received approval from UK authorities to proceed with the Outer Dowsing offshore wind farm off the coast of Lincolnshire.

An offshore windfarm at sundown

Wilhelmsen Launches Cyclus Marine for Vessel Lifecycle

Wilhelmsen Ship Management has introduced a new company, Cyclus Marine, focused on managing the full lifecycle of vessels from build to recycling.

Illustration of six different green lifecycle circles

NCL Settles $2M Case Over COVID Cruise Marketing

Norwegian Cruise Line agrees to $2 million settlement with 12 U.S. states following an investigation into how it promoted cruises during COVID-19.

Close up of a virus and the words COVID-19