Norwegian Cruise Line Holdings on Wednesday raised its annual profit forecast for a third time this year, riding on sustained demand for luxury voyages and higher ticket prices.With people continuing to splurge on experiences and services over discretionary goods, operators have seen record booking rates for affordable cruise vacations, giving them enough opportunity to increase ticket prices.
As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier sent out a distress signal and called an emergency hotline.No one reached them in time. The pirates clambered aboard the Abdullah, firing warning shots and taking the captain and second officer hostage
The first towboat of 2024 passed through Lock and Dam 2, in Hastings, Minn. on Sunday, signaling the start of this year's navigation season on the Mississippi River.The U.S. Army Corps of Engineers' St. Paul District said it considers the first tow to arrive at Lock and Dam 2 as the unofficial start of the Mississippi River navigation season
Dr. Kishore Rajvanshy is stepping down after three decades as managing director of Fleet Management Limited (FLEET), currently the world’s largest third-party ship management company.FLEET announced it has begun implementing a phased succession plan as Rajvanshy transitions from his current role, with a global search for a new managing director underway.
Asian Oil & Gas (AOG) is hosting a webinar on the groundbreaking patents that are pushing multiphase detection, measurement, and control technology forward.Throughout the oil and gas and petrochemical industries, liquid-to-liquid separation is a fundamental process. Though instrumentation has come a long way, a new high performance
[ to deep, dark & confined spaces ]DLS Marine received approval from ABS for remote inspection, and it is leveraging advanced drone + software tech to make the process of tank inspection more efficient and less dangerous.DLS Marine is a long-tenured name in the U.S. maritime survey market, founded by Bob Stickney as Stickney Marine Surveying in New Orleans in 1968
Babcock has awarded the recycling contract to KDC Veolia Decommissioning Services UK (KDCV) as part of U.K.’s demonstrator project to fully dismantle a nuclear-powered submarine Swiftsure.Babcock is working with the Defence Nuclear Enterprise (DNE) and KDCV on the demonstrator dismantling project
Norwegian Cruise Line Holdings on Monday raised its full-year profit forecast for a second time in less than three weeks, betting on record demand for cruise vacations and higher ticket prices, sending its shares up as much as 7.7%.More travelers are choosing sea-based vacations that offer a range of fun activities under one roof, compared to expensive land-based holidays
Fincantieri has received a highly significant order from Norwegian Cruise Line Holdings for the construction of four new next-generation cruise ships.The order entails the construction of two cruise ships for the Regent Seven Seas Cruises and two for the Oceania Cruises brands respectively.
Seafarers International Union President Emeritus Michael Sacco died December 28, 2023, in St. Louis, surrounded by family members. He was 86 years old and passed away from natural causes.Mike was the longest-serving president in SIU history, having led the organization from 1988 until his retirement in February 2023, a period spanning nearly 35 years.
Grove Heights, Minn. dredging and marine construction contractor LS Marine has been awarded a $31.7 million contract to support channel maintenance dredging in the Upper Mississippi River.The contract, awarded by the U.S. Army Corps of Engineers' St. Paul District on April 17, provides a minimum guarantee of $1.
The 2023 navigation season has drawn to a close on the Upper Mississippi River.A 15-barge tow pushed by the towboat Thomas Erickson, the last of the season, departed Lock and Dam 10, near Guttenberg, Iowa, December 3, the U.S. Army Corps of Engineers, St. Paul District said.The 2023 season commence March 12