RCL posts $1.6 billion second quarter loss
The no sail orders imposed in response to the coronavirus pandemic continue to put the cruise industry under huge financial pressure. Royal Caribbean Group (NYSE: RCL) today reported a U.S. GAAP net
The no sail orders imposed in response to the coronavirus pandemic continue to put the cruise industry under huge financial pressure. Royal Caribbean Group (NYSE: RCL) today reported a U.S. GAAP net
General Dynamics announced today that the negotiating teams from Bath Iron Works and the International Association of Machinists and Aerospace Workers (IAM) Local S6 reached agreement Friday night on mutually acceptable terms
The world shipbuilding order book for dry bulk, container and tanker ships has reached its lowest point in 17 years. BIMCO says that COVID-19 has massively slowed contracting (down 50%), though deliveries
Fincantieri Bay Shipbuilding (FBS), Sturgeon Bay, Wis., is preparing to upgrade its shipyard equipment and facilities this year to assist with work on the Navy guided missile frigate contract awarded sister yard
ST Engineering Halter Marine and Offshore, Pascagoula, Miss., has carried out upgrades to Signet Maritime Corporation’s 10,000 bhp ocean towing tug Signet Warhorse II that included retrofitting new propulsion and maneuvering systems.
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) today reported financial results for the second quarter ended June 30, 2020. The company’s second-quarter GAAP net loss was $715.2 million or $2.99 per share
Tasmanian tour boat operator World Heritage Cruises has ordered its eighth Incat Crowther designed vessel. Currently under construction at the Richardson Devine Marine shipyard in Hobart, the 220 passenger, 35 meter long
The Sandy Hook Pilots Association says that at approximately 10.30 p.m. yesterday, pilot Captain Timothy M. Murray was involved in an incident while boarding a tanker vessel inbound to the Port of
Crews on at least three ships in Australian waters have stopped working their ships following expiration of their contracts. The seafarers are bidding for repatriation as the crew change crisis caused by
Yokohama headquartered Ecobunker Shipping yesterday held a naming and launching ceremony for Japan’s first bunkering tanker capable of ship-to-ship deliveries of both LNG and VLSFO (very low sulfur fuel oil).’ Being built