Matson Paid $6.4 million in Port Fees to China

U.S. ocean shipping company Matson has paid $6.4 million in port fees to China since they were implemented on October 14, CEO Matt Cox said on Tuesday.President Donald Trump and President Xi

Norwegian Cruise Forecasts Q4 Profit Below Expectations

Norwegian Cruise Line Holdings forecast fourth-quarter profit below expectations on Tuesday, on cost uncertainties and subdued consumer appetite for sea-based vacations as travelers curb spending, sending its shares down 11%.Consumers are thinking…

$400m Natural Gas Pipeline Between Israel and Cyprus Awaits Government Approval

A $400 million pipeline to transport natural gas from Israel to Cyprus is awaiting government approval from both countries and Israel has expressed support, the head of Eastern Mediterranean focused gas producer

ABS, Persona AI Partner to Bring Humanoid Robotics to Shipyards

A collaboration to develop inspection technologies for Persona AI’s humanoid robot platform that enhances productivity and safety in shipyards was formalized with the signing of an MOU between ABS and Persona AI.The

CMA CGM to Register 10 Vessels Under French Flag Following Scrutiny at Home

CMA CGM will register 10 container vessels to be delivered in the next three years under the French flag, adding more seafarers from its home country after facing calls to contribute more to France's

Ocean Network Express Releases Financial Results for Q2 FY2025

Ocean Network Express (ONE) has released its financial results for FY2025 2nd quarter (July 2025 to September 2025).The revenue for FY2025 2nd quarter was $4,455 million, with net profit of $285 million.

Stena Line Acquires Wasaline

Stena Line strengthened its position in the Baltic Sea by acquiring NLC Ferry Ab Oy/Wasaline and taking over operations of the ferry route between Umeå in Sweden and Vaasa in Finland.“It is

Electrical Issue Takes WSF's Wenatchee Ferry Out of Service

Washington State Ferries reported that its 17-vessel service was dinged by the removal of the ferry Wenatchee, which has been taken out of service due to a mechanical issue involving one of

Master Boat Builders: A Family Shipyard at Full Steam

Expansion into Harbor Tug sector helps Master Boat Builders nearly double in size, from 200 to 400 employees building eight to nine vessels per year, and the prospect of a new drydock