Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today reported a U.S. GAAP net loss of $2.2 billion and adjusted net loss of $1.9 billion for the fourth quarter of 2020. The
After successfully completing removal of Section Eight, the stern, of the capsized car carrier Golden Ray (see earlier story), the St. Simons Sound Incident Response team is now continue to prepare for
Veteran New York shipowner Peter Georgiopoulis is back in the in the news. United Overseas Group Ltd. (UOC), a company controlled by Georgiopoulos and long time associate Leonidas Vrondissis is to acquire
Emanuele A. Lauro led Scorpio Bulkers Inc. (NYSE: SALT) said today that it intends to change its name to Eneti Inc. The company is transitioning away from the business of dry bulk
On December 30, 2020, as we reported earlier, the U.S. Coast Guard (USCG) issued its type approval for the Alfa Laval PureBallast 2 ballast water management system. The approval means that most
The onset of the COVID-19 pandemic saw a significant reduction in demand for cargo-carrying capacity across the globe. In response, Oslo-headquartered Wallenius Wilhelmsen made the decision to recycle four of its 123
The Canadian Coast Guard’s annual icebreaking season on the Great Lakes, which provides assistance to the shipping industry, is underway. Working in partnership with the United States Coast Guard (USCG) District 9,
International freight transport and logistics insurer TT Club wants cargo owners to be more aware of safety issues arising from poorly packed containers and misdeclared goods. TT Club’s analyses consistently indicate that
The St. Simons Sound Incident response team today completed the removal of Section Eight, the stern, of the capsized car carrier Golden Ray. The heavy lift vessel VB-10000, which had earlier completed
Shipbuilder Japan Marine United Corporation has delivered Wan Hai 323 the latest in a series of eight new 3,055 TEU containerships being built for Taiwan’s Wan Hai Lines. The ships are the