MSC Leads in Fleet Value

Using data from VesselsValue, a Veson Nautical solution, Rebecca Galanopoulos has analyzed the global container fleet, finding Swiss based MSC currently owns the most expensive fleet with a value of $49.6 billion.This

Carnival Raises Profit Forecast

Carnival Corp raised its annual profit forecast on Monday, leaning on strong demand and higher ticket prices for its cruise vacations to offset mounting costs.The cruise operator has been investing heavily to

Bent But Not Broken: Lighter Icebreakers

After developing the technique some five years ago, Aker Arctic has now completed the research required to get its new design methodology for icebreaker hulls accepted into the Finish-Swedish Ice Class Rules.

Shipbuilding Contracts: Lessons Learned from M/V Dali

The owners and managers of the M/V Dali, the ship that destroyed Baltimore’s Francis Scott Key Bridge, have brought a claim in the Pennsylvania Court against the vessel’s shipbuilder, Hyundai Heavy Industries

Italy, Greece Ink Pact for Warships

On the opening day of the Seafuture trade fair in La Spezia, the National Armaments Directors of Italy and Greece signed a preliminary agreement for the sale to the Hellenic Navy, through Fincantieri, of

Baltic Index Vessel Rates Fall Across the Board

The Baltic Exchange's dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, fell on Monday, pressured by declining rates across all vessel segments.The main index, which factors

Dutch Cargo Ship Attacked off Yemen

British maritime security firm Ambrey said on Monday that a Netherlands-flagged general cargo ship reportedly came under attack 120 nautical miles southeast of Yemen's port city of Aden.The United Kingdom Maritime Trade

HAV Design Names New Managing Director

Norway-based ship designer HAV Design has appointed Richard Schofield as its new managing director.Schofield has 20 years’ management experience from maritime industries. He has held leadership roles at maritime suppliers Kongsberg Evotec

Ulsan Port Completes Its First Green Methanol STS Bunkering for Bulk Carrier

Ulsan Port Authority (UPA) has completed Korea’s first methanol bunkering for a dual-fuel bulk carrier at Ulsan Port.The STS for a bulk carrier, conducted on September 28, 2025, follows Ulsan Port’s world-first