German shipbuilder Meyer Werft reports it has secured an order from U.S.-based Carnival Corporation for the construction of a new cruise ship for Carnival Cruise Line. The newbuild order is the first placed by Carnival Corporation in five years.Slated for delivery in 2027, the Excel-class ship will be a sister vessel to the 183,200 GT Carnival Jubilee, which was handed over at the end of 2023.
Hornblower Group on Friday announced its financial restructuring plan has gained court approval, clearing way for the marine transportation and experiences company to emerge from Chapter 11 bankruptcy in the coming weeks.Under the plan approved by the U.S. Bankruptcy Court for the Southern District of Texas
U.S. based power transmission equipment manufacturer Twin Disc announced it has entered into a definitive agreement to acquire Katsa, a Finnish-headquartered manufacturer of power transmission components and gearboxes for industrial and marine markets, in an all-cash transaction valued at €21 million (approximately $23 million).
A historic Great Lakes car and passenger ferry will be sidelined the rest of the season due to damages it suffered in July. Lake Michigan Carferry said Tuesday that the SS Badger's daily crossings between Ludington, Mich., and Manitowoc, Wis., have been suspended indefinitely.“We have made the difficult, and unfortunately unavoidable
A pair of new response vessels has been commissioned in Sydney Harbour.The state-of-the-art vessels, Burra and Girawaa, were designed by Incat Crowther and custom-built by Birdon in Port Macquarie to assist in major on-water incidents, including pollution response, police operations and firefighting both on and from the water.
The Port of New Orleans (Port NOLA) reports its cruise passenger numbers are back to pre-pandemic levels. The port said Monday that it finished calendar year 2023 with nearly 1.2 million cruise passenger movements and renewed commitments to the New Orleans cruise market from both oceangoing and river cruise lines.
Royal Caribbean Group projected 2024 profit above Wall Street expectations after robust demand for cruise vacations and steeper ticket prices helped it beat fourth-quarter earnings estimates on Thursday.With travelers opting for cruises instead of more expensive land-based vacation options, operators are experiencing record levels of bookings compared to pre-pandemic levels
Swire Shipping announced that Westwood Shipping Lines, a niche vessel operator it acquired in June 2022, has changed its name to Swire Shipping.According to Sire, the rebrand—which took effect February 1—will help Westwood to leverage synergies and capabilities in containers, networks, and projects across the global Swire Shipping network to better serve customers throughout North America, Japan
Finnish shipping company Wasaline announced it has started operating with certified biogas one day a week from October 13, in preparation for the EU emissions trading system that will come into force next year.The company, which operates the route connecting Vaasa, Finland and Umeå, Sweden