One of the world’s largest ferry operators—Canada’s BC Ferries—last week released its results for the fiscal year ended March 31, 2022. The good news: traffic, revenue, net earnings and expenditures were all
Maritime satcom giant Inmarsat has released a report analyzing data from Global Maritime Distress and Safety System (GMDSS) calls made from 2018 to 2021. Among the key findings from the Inmarsat data
By Tanguy Morel, CEO and co-founder of MOMENT Responsible for 90% of trade in goods, maritime transport plays an important role in globalization. However, the COVID health crisis shook the sector, questioning
“I’m very proud of meeting our target of 100% vaccination of all team members in the third quarter last year,” Lasse Petterson, CEO of Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD),
Netherlands-based Vroon Group reports that it has reached a preliminary agreement on debt restructuring that will see its lenders become its majority shareholders. “For several years Vroon has been in discussions with
The Centers for Disease Control and Prevention has raised its COVID-19 Travel Health Notice level for cruising from Level 3 to Level 4, the highest level. The CDC says this reflects increases
Last month, Cecilia Kushner, the executive vice president for the Planning Division of the New York City Economic Development Corporation (NYCEDC), opened Marine Log’s FERRIES conference along the New York Harbor waterfront.
The world’s largest cruise ship operator, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) released a fourth quarter 2021 business update that included an adjusted net loss of $2 billion. Still, the
With the Omicron coronavirus variant leading governments close borders, shipowners, seafarers’ unions and maritime employer groups are responding. They are establishing their own approved international network of quarantine facilities to ensure seafarers
Plans for another major international maritime event have been disrupted by the coronavirus. In the face of increasing infection rates, driven by the Omicron variant, Nor-Shipping has taken the decision to postpone
