Shares of U.S. cruise operators sunk on Thursday after the Grand Princess ocean liner, owned by Carnival Corp, was barred from returning to its home portof San Francisco on coronavirus fears after at least 20 people aboard fell ill.Shares of Carnival, Norwegian Cruise Line Holdings and Royal Caribbean Cruises fell between 9% and 12% amid a broader sell-off in U.S. stock markets.
The U.S. towing and tug business is 5,500 boats, more than 31,000 barges with an estimated total impact on U.S. GDP of $33.8 billion.“At a macro level, the bigger ships are causing downward pressure on the ship assist business because there are fewer ship calls given the increased capacity of these vessels.
Five commercial fishermen were believed to have died after their crabbing vessel sank on New Year’s Eve in the Gulf of Alaska, the U.S. Coast Guard said after ending a search and rescue operation amid high winds and heavy seas.There were two survivors: crewmen who took refuge in a lifeboat and were rescued by a Coast Guard helicopter.
Seaspan Shipyards has announced the appointment of Amy MacLeod as the organization’s new Vice President, Corporate Affairs & External Communications. Based in Ottawa, MacLeod will be responsible for developing, managing and maintaining strategic public relations and external communications plans and tactics to support Seaspan Shipyards’ business and marketing objectives.
A second oil tanker, the British-operated, Liberian-flagged Mesdar, turned sharply north towards Iran's coast on Friday afternoon after passing westward through the Strait of Hormuz into the Gulf, according to Refinitiv tracking data.The turn took place at about 1600 GMT, the data showed
Ten Turkish sailors were taken hostage by armed pirates who attacked a Turkish-flagged cargo ship off the coast of Nigeria, the vessel's owner said on Tuesday, adding that another eight sailors were left safely aboard.Turkey's foreign ministry said the sailors were seized on Saturday evening.
Kent-based Saga sails into its future, as the first of two new boutique cruise ships, Spirit of Discovery, arrived at her home port of Dover for the first time. Sailing past the iconic White Cliffs and into Dover’s recently developed Western Docks, Spirit of Discovery’s British arrival marks the start of a new chapter for cruising in the UK.
Italy on Sunday ordered migrants aboard a rescue ship off its coast to be quarantined on another vessel to test them for the coronavirus instead of allowing them to disembark.The Alan Kurdi, run by the German non-governmental group Sea-Eye, is sailing in international waters off the western coast of Sicily.
The Baltic Exchange's main sea freight index dropped for the 13th consecutive session on Tuesday as waning demand across vessels and the coronavirus outbreak dampened sentiment.The Baltic index, which tracks rates for capesize, panamax and supramax vessels to ferry dry bulk commodities, fell 13 points, or 2.8%, to 453.The capesize index decreased 31 points to a negative 133, a fresh all-time low.
The Baltic Exchange's main sea freight index fell for a ninth-straight session on Monday, as the capesize index hit its lowest level in nearly six months.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, dropped 40 points, or 3%, to 1,315, its lowest since Nov. 22.* The capesize index slid 121 points, or 4.
At least 116 migrants are missing and another 132 were rescued by Libyan coast guards and local fishermen after a wooden boat capsized off the coast of Komas, a town east of the capital Tripoli, Libyan navy spokesman Ayoub Qassem said on Thursday.Qassem cited survivors as saying there had been more than 200 migrants on board the boat.Earlier, the U.N.
Iran has reassured Iraq that there will be freedom of international maritime navigation in the Strait of Hormuz, Iraq's oil ministry said on Tuesday.Iran communicated this to Prime Minister Adel Abdul Mahdi during a visit by him to Tehran on Monday, the ministry said in a statement."Iranian President Hassan Rouhani (gave) reassurances to the Iraqi delegation ...