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MAY 30, 2013 — Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) announced today that it has signed a contract with the Meyer Werft shipyard to construct a third Quantum-class cruise ship for delivery in mid-2016.…
MAY 30, 2013 — The new president of BIMCO Mr. John Denholm has identified environmental pressures facing the shipping industry as some of its most significant current challenges as he embarks upon his two year…
MAY 30, 2013 — Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) yesterday quantified the financial impact of the Grandeur of the Seas fire (see earlier story). The fire broke out May 27 in what the…
MAY 30, 2013 — Costamare Inc. (NYSE:CMRE) reports that it has entered into a joint venture framework deed with New York-based hedge fund manager York Capital Management Global Advisors LLC to invest jointly up to…
MAY 29, 2013 — With less competition in the market and a high demand for refinancing, the perfect time to be in the maritime finance business is right now, according to Svein Engh, Group Head…
MAY 29, 2013 — In a joint press release, Maersk Tankers and the BW Group announced today  that Maersk Tankers is exiting the VLGC (Very Large Gas Carrier) segment by selling its five owned VLGCs…
MAY 29, 2013 — Houston based Diamond Offshore Drilling, Inc. (NYSE: DO) today announced an agreement with South Korean shipbuilding giant Hyundai Heavy Industries Co., Ltd. to build a new Moss CS60E design harsh environment…
MAY 29, 2013 — BAE Systems San Diego Ship Repair Inc., San Diego, Calif., has been awarded, a $49,796,139 modification to previously awarded cost-plus-award-fee contract (N00024-11-C-4408) to definitize the USS Russell (DDG 59) fiscal 2013…
MAY 29, 2013 — International accountant and shipping adviser Moore Stephens says changes recently approved by the Greek parliament to the country's tax laws will impact companies engaged in the shipping industry. That's putting it…
MAY 29, 2013 — Brazil's Estaleiro Atlantico Sul (EAS) has delivered the Suezmax tanker Zumbi dos Palmares to Petrobras subsidiary Transpetro. The vessel is the second ship built by EAS as part of the Brazilian…
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