Carnival Corp's Cunard cruise line said on Wednesday its Queen Mary 2 ship would skip a scheduled stop at New York and instead extend its stay in Barbados until Jan. 2 to bring in more staffers.Cunard said its decision to add more crew members was a pr...
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Royal Caribbean Bookings Take a Hit as Omicron Fears Worsen
Royal Caribbean Group said on Thursday it was grappling with a drop in bookings and a rise in cancellations as COVID-19 cases surge in the United States, driven by the fast-spreading Omicron variant.U.S. cruise ships have been gradually returning to th...
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US CDC Says to Avoid Cruise Travel as Omicron Cases Surge
The U.S. Centers for Disease Control and Prevention (CDC) said people should avoid traveling on cruise ships regardless of their vaccination status, as daily COVID-19 cases in the country climb to record highs due to the fast-spreading Omicron…
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KR Awards AIP for Two Green Ammonia-fueled Vessels
The Korean Register (KR) awarded approval in principal (AIP) to two green ammonia-fueled ships at KR’s Seoul branch office on December 15, 2021. One of the ships is a 60,000m3 ammonia-fueled ammonia carrier and the other is a 38,000m3 ammonia carrier/b...
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2021 in Review: The Dry Bulk and Tanker Markets
The Signal Group offers an exhaustive overview of the trends in the dry bulk and tanker markets that both defined 2021, and offer a glimpse as to what might be in store for 2022 and beyond. The report is excerpted in short below; to see the full report...
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Standard Drilling Sells PSV Standard Princess
Oslo-listed offshore energy investment firm Standard Drilling announced it has sold the platform supply vessel Standard Princess for $10.3 million.The Cyprus-headquartered company said Wednesday it completed the transaction after announcing…
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Halter Marine Awarded Contract for Second USCG Polar Security Cutter
Pascagoula, Miss. shipbuilder Halter Marine has been awarded a contract to build a second U.S. Coast Guard Polar Security Cutter, the Pentagon announced Wednesday.The $552.7 million detail design and construction contract follows a $745.9 million contr...
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2022 & Beyond: Will the Container Carrier Debacle Ever End?
When the global supply chain runs smoothly, it’s like a well-choreographed dance. Everything comes together elegantly and effortlessly. But when someone misses a step, the show can quickly turn into a disaster. And that’s what’s currently unfolding bef...
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Chinese Uncertainties Continues to Weigh on Iron Ore Futures
Dalian and Singapore iron ore futures rebounded on Thursday after three days of losses, but worries over demand for the steelmaking ingredient in top steel producer China kept benchmark prices near their two-week lows hit the day before.The…
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Prysmian to Build US Subsea Cable Plant
Italy's Prysmian plans to invest around 200 million euros ($226 million) to build a plant in the U.S. to produce submarine power transmission cables, CEO Valerio Battista said to the media in remarks confirmed by a company spokesman.The plant…
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