Princess Cruises, the operator of two coronavirus-stricken ships, said on Thursday it would suspend global operations of its 18 cruise ships for two months, sending shares of its parent company Carnival Corp down 22% in premarket trading.The Grand Princess was denied entry to San Francisco Bay last Wednesday en route back from Hawaii as authorities learned some passengers and crew had developed
As privately owned, luxury yachts near the size of the average cruise ship, behold a new option, which is anything but commonplace: The Ritz-Carlton Yacht Collection. At 624 feet and 11 decks, her exterior profile resembles a sleek superyacht design, not a cruise ship on the horizon. Launched in October 2018 at Hijos de J.
Shipbuilder Metal Shark reports it has seen increased business from law enforcement agencies, with 20 new law enforcement customers recently added and more than 35 welded aluminum law enforcement vessels either recently delivered or currently in production.Among its new builds, Metal Shark is producing five custom 23-foot Relentless center console patrol boats for the Ohio Department of Natural
Thordon Bearings’ founder and polymer materials pioneer George A. (Sandy) Thomson has been awarded the global transportation sector’s most distinguished accolade, the Elmer A. Sperry Award 2019 for “Advancing the Art of Transportation”.Thomson joins a long list of Sperry Award recipients, which was established in 1955, including Donald Douglas, Ferdinand Porsche, Sir Geoffrey De Havilland
A U.S. court will decide whether a board of directors appointed by Venezuelan President Nicolas Maduro or one backed by his rival, opposition leader Juan Guaido, runs the eighth-largest U.S. refiner, Citgo Petroleum Corp.A lawsuit filed by Maduro's representatives on Tuesday in Delaware Chancery Court seeks to reassert control over Citgo , along with other U.S.
Danish offshore vessels owner ESVAGT will cut executive and staff pay, and delay investments in response to the low oil prices and the COVID-19 pandemic.Peter Lytzen, the CEO of the company that provides emergency response and rescue vessels (ERRV) and service operation vessels (SOV), said, "Our oil and gas business is challenged in two essential areas of the current situation.
David Roodenburg is the third generation from the Roodenburg family to become CEO of the Netherlands-based equipment manufacturer Huisman.His father, Joop Roodenburg, is currently active as President after he appointed Theo Bruijninckx CEO in April 2018, with the objective to prepare the company for the next generation. Bruijninckx will remain active in Huisman in his role as the company’s CFO.
DSC Dredge, LLC wins bid for a new, non-propelled, cutter suction head dredge solicited by The Marine Design Center (MDC) of the U.S. Army Corps of Engineers (USACE) earlier this month. When completed, the new cutter suction head dredge will operate out of Astara, Azerbaijan to not only maintain the harbor depth and harbor entrance but the US Government is purchasing this dredge for the country
UK-based engine manufacturer Cox Powertrain said its purpose-designed 300hp CXO300 diesel outboard engine has entered production following several years of development and testing.Production will commence in Cox Powertrain’s headquarters and assembly and test facilities in Shoreham, West Sussex UK.
Namibian ship repair company Namdock has resumed full operations with effect from Tuesday, in accordance with the inception of stage 2 of Namibia’s national COVID-19 lockdown, which has seen the partial easing of restrictive measures thanks to the recent flattening of the minimal in-country infection curve.
Libya's vital oil revenues fell to zero in January, the central bank said on Monday, after forces and tribesmen allied to eastern commander Khalifa Haftar blocked major oil ports.Haftar is embroiled in a conflict with the internationally recognized government in Tripoli and has been trying to seize the capital by force since April.
The head of Libya's state oil firm warned on Monday that if the international community tolerates a blockade on the country's oil industry it would be complicit in ending the rule of law in the country.The 10-day old blockade is the most extensive for years, shutting down fields and ports in the east and south of Libya and causing production to plunge to 262