Mediterranean Shipping Company (MSC) is considering buying about 80% of German cruise shipbuilder Meyer Werft, citing Bloomberg and German media. The stake is currently owned by the German federal government and the state of Lower Saxony.
Ships are connected to most of the oil pollution regularly seen at sea, according to a new analysis by SkyTruth. Researchers estimate that oil slicks cover about 1.58 million sq km of ocean each year.
A new dispute is growing in Europe over two Indian ship recycling yards that could be added to the EU-approved list. Environmental, labour and recycling groups are asking the European Commission to reject two facilities in Alang-Sosiya.
Salvage crews have removed a large part of the bow section from the wreck of the containership MSC Baltic III in Newfoundland, Canada. The work is part of a major operation to dismantle and remove the vessel from the shore.
The tanker fleet is facing one of its biggest disruptions in years as the conflict around the Strait of Hormuz changes the way ships trade. Many owners are reluctant to send VLCCs through Hormuz.
A Qatari LNG tanker has crossed the Strait of Hormuz for the first time since July, giving the market an early sign that LNG shipments from Qatar could start moving through the key waterway again.
The International Maritime Organization has finished its latest four-day meeting on the proposed Net-Zero Framework, but member states still have major differences. The talks brought some progress, yet several important issues remain unresolved.