Ship builders fear downsizing, or worse, if cruise companies don't order more vessels The cruise industry is rebounding, but not for the companies who build the increasingly elaborate ships. Executives from the major European shipyards say they're not getting enough orders to ...
A cruise liner hit by an outbreak of intestinal illness for a third straight trip from South Carolina returned a day early Thursday as operator Celebrity Cruises brought in extra crew to scrub the ship down for three days. The Celebrity Mercury ...
MIAMI (Reuters) - U.S. cruise companies are eager to add Cuba to their itineraries; but even if U.S. policy allowed that, Cuba's ports would need years of rebuilding to accommodate the ships, industry officials said on Wednesday. "Our business has grown so ...
Overseas Shipholding Group completes 3.5M share offer; collects $158.7 million in proceeds Oil tanker operator Overseas Shipholding Group Inc. said Tuesday it has collected $158.7 million in proceeds from its offering of 3.5 million common shares at $45.33 each. Overseas Shipholding Group ...
2 shippers preparing for IPOs may encounter rough seas as investors weigh getting on board Two bulk shipping companies will be competing for investors' attention next week when they are expected to go public, but analysts are questioning their ability to nab ...
Damage is seen to the Amorella ferry, a passenger ferry with 753 passengers and 190 crew members, as it returns to port in Stockholm, Friday March 5, 2010, after colliding with another ferry whilst stuck in the ice in the Baltic Sea. ...
Around 50 ships, including large ferries carrying thousands, were stuck in the ice in the Baltic Sea, with many unable to move until Friday, Swedish maritime authorities said. Several vessels, including at least one passenger ferry carrying more than 1,000 people, had ...
Map locates the Malacca Strait, where Singapore's Navy warned that a terrorist group is planning attacks on oil tankers Copyright 2010 AP News
Danish shipper A.P. Moller-Maersk reports an annual loss of $1.3 billion Danish container shipping and oil group A.P. Moller-Maersk A/S on Thursday reported an annual loss of 7.0 billion kroner ($1.3 billion), citing a drop in global shipments of goods amid the ...
Oil tanker operator DHT Maritime forms new company called DHT Holdings Oil tanker operator DHT Maritime Inc. said on Monday that it has formed a new company called DHT Holdings Inc., organized in the Marshall Islands. The company said shareholders of DHT ...
