Corona scare gives cruise line share prices a slight ding
Stocks of cruise lines took a minor hit today, in apparent reaction to reports that a passenger on board SeaDream Yacht Club’s SeaDream 1 had tested positive for COVID-19. The boutique cruise
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Stena-Proman JV to build third methanol-ready vessel
Proman Stena Bulk Ltd—a joint venture between Stena Bulk and Wollerau, Switzerland, based Proman Shipping—has finalized an agreement to build an additional methanol-fueled vessel To be named Stena Prosperous, it will initially
Are box ships getting too big to berth safely at some terminals?
An investigation report [M19P0020] just released by the Transportation Safety Board of Canada raises important questions about the extent to which the increasing size of containerships poses a threat to safe berthing.
Synergy completes FSU conversion and delivery
Singapore-headquartered ship manager Synergy Group has successfully managed the conversion of a 1992-built, 126,000-cubic-meter LNG carrier into a Floating Storage Unit (FSU). The conversion was performed at Sembcorp Marine’s Admiralty Yard in
Cruise line shares rebound on Pfizer vaccine announcement
Prices of cruise lines stocks soared on the New York Stock Exchange today as Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced that their mRNA-based vaccine candidate had demonstrated evidence
Golden Ray salvage resumes after cutting chain link breaks
Dismantling and removal of the wreck of the capsized car carrier Golden Ray from St. Simons Sound, Ga., continues to prove a challenging task. As we reported earlier (see story), the heavy
Knutsen BWMS gains USCG Type Approval
The Coast Guard Marine Safety Center has issued the 38th U.S. Coast Guard Ballast Water Management System Type Approval Certificate to Knutsen Ballast Water AS after a detailed review of the manufacturer’s
Tank solution offers effective way to transport captured carbon
With Carbon Capture and Storage (CCS) likely to play an increasing role in combating climate change, there could be a growing market for marine transportation of captured carbon in the form of
Three more robberies from ships off Singapore
The Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) reports that, in a six hour period, November 8-9, three ships were the subjects of armed robberies
VIDEO: Golden Ray cutting now underway
After waiting for weather windows and overcoming a number of technical difficulties, the Unified Command (USCG, Georgia Department of Natural Resources, Gallagher Marine Systems) working on the salvage of the capsized car