The German Federal Ministry for Economic Affairs said today that Germany, along with four other European countries, is allowing cruise lines to temporarily suspend the repayment of export credits. the move is
The International Chamber of Shipping (ICS) has issued guidance for shipowners and operators on managing ship and seafarer certificates during the COVID-19 pandemic. Certificates are important for continuing ship operations because they
In a regulatory filing today, South Korean shipbuilder Samsung Heavy Industries (SHI) disclosed in its regulatory filing that it has won a contract worth a total of $209.2 million to build two
The first ocean-going vessel arrived today at the Port of Indiana-Burns Harbor, marking the start of the 2020 international shipping season. Officials at the Lake Michigan deepwater port welcomed the M/V Muntgracht,
Arne Wilhelmsen, a founder of Royal Caribbean Cruises Ltd. (NYSE: RCL), and a visionary strategist of the modern cruise industry, died Saturday, April 11, 2020, in Palma, Spain. He was 90. Royal
The European Commission yesterday issued guidelines to European Union member states on the protection of health, repatriation and travel arrangements for seafarers, passengers and other persons on board ships during the COVID-19
French energy giant Total has signed a pioneering agreement to charter in its first two 300,000 dwt LNG dual fueled VLCCs from Malaysian-based tanker operator AET. The two ships set to join
Diego Aponte, CEO of Mediterranean Shipping Company (MSC), the world’s second largest container shipping line, has written an open letter that spells out some of the steps the company is taking in
The Liberian Registry is continuing to adjust to the disruptions caused by COVID-19 by leveraging its use of technology and modern communication. Its latest innovation is to implement remote Annual Safety Inspections
Law firm Montgomery McCracken reports that the Supreme Court of the United States issued a decision March 29, 2020, on a major issue of importance to ship owners and charterers – the