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MARITIME INDUSTRY

Sunset view of the port in Sirmione, Italy, with wooden posts in the foreground and lights along the shoreline

Decks and Deals Weekly #6

Global shipping endured a turbulent week from August 16–22, 2025, as freight rates collapsed, cyber attacks targeted Iranian vessels, and massive newbuilding orders sparked overcapacity fears across maritime markets

Large MSC container ship loaded with colorful shipping containers navigating through Port of Long Beach harbor at sunset, with port infrastructure, cranes, and smaller vessels visible in the background, illustrating the scale of modern ultra-large container vessels in global shipping operations

MSC doubles down on mega ships amid market doubts

Mediterranean Shipping Company orders twenty more ultra-large vessels worth billions, defying prevailing industry sentiment favouring smaller ships. This bold container shipping strategy challenges conventional thinking while competitors embrace feeder vessel flexibility

Aerial view of cruise ships in Piraeus port at sunset, reflecting Athens’ role as a global shipping centre

Athens holds firm as Mediterranean shipping centre despite global headwinds

Athens-Piraeus maintains eighth position among global shipping centres in 2025 ISCDI rankings, demonstrating remarkable resilience through strategic investments, technological innovation, and steady performance across cargo, cruise, and vehicle segments despite challenging market conditions