Shipping

  • Asian Shipbuilding subsidies put German Shipyards...

    German shipbuilding association VSM is warning of the risk of an "irreversible loss" of skill in the country's powerhouse marine equipment and shipyard sectors due to distortions in international competition. Without government intervention at the national and EU level, warned VSM, Germany's yards run the risk of significant decline over the next decade.

     

  • Two large cruise ships return to service in the...

    As the first step to restring cruise operations for the summer of 2021 in the Mediterranean, two large ships returned to service on May 1 sailing from Italy. Carnival Corporation’s Costa Cruises returned to service for the first time in 2021, while MSC Cruises started sailing a second large cruise ship. 

     

  • CDC says U.S. Cruises should sail by summer

    After weeks of criticism, the U.S. Centers for Disease Control and Prevention (CDC) issued a letter to the cruise industry on April 28 reiterating its commitment for the resumption of cruises from U.S. ports by mid-summer. The four-page letter responds to many of the issues raised by the cruise lines and for the first time provided detailed guidance as well as a new alternative to speed the resumption of U.S.-based cruises. Industry executives responded positively while cautioning that they were still reviewing the details.

     

  • CMA CGM orders 22 new boxships from China...

    French shipping company CMA CGM Group joined the wave of new containership orders placing a giant 22 ship order with China’s CSSC Group. China Shipbuilding Corporation is heralding it as the largest single containership order the company has undertaken.

     

  • Checks and balances on container rates

    In shipping there have been clear winners and loser in the global war against the Covid-19 pandemic. In the latter camp sit cruise ships and to some extent tankers, who have seen earnings spike from storage demands only to fall back as international oil demand waned.

     

  • First signs of improvement in shipping...

    After months of reports of delays and bottlenecks as volumes strained the global shipping industry, the worst appears to have passed. According to new data from analytics firm Sea-Intelligence while reliability and delays are still prevalent, there however was a marked improvement in schedule reliability and the first signs of reversing the deteriorating trend for late-arriving vessels. The data is also supported by anecdotal reports at ports around the globe.

     

  • Cargo ship losses stability dumping containers...

    A small container ship loading containers in a Vietnamese port lost stability causing it to roll on its side and lose its deck loaded cargo. Vietnamese authorities are not reporting any injuries, but are warning of a navigation hazard. Ships are being advised to use alternate routes while a recovery operation is underway.

     

  • Three months in, Salvors complete third cut...

    At long last, operations to complete the third cut through the hull of the grounded ro/ro Golden Ray are complete. Salvors finished the transverse cut through the vessel's engine room on Saturday, bringing a months-long effort to an end. 

     

  • Florida seeks court injunction for immediate...

    Pressure is continuing to build on the U.S. Centers for Disease Control and Prevention to respond to the calls from the cruise industry and government officials to take immediate actions to move toward the restoration of cruises from U.S. ports. While cruise industry executives sounded a positive tone, the state of Florida joined by Alaska is moving forward aggressively with its actions. Efforts, however, in the U.S. Congress met with resistance leaving the cruise industry no closer to resuming operations than it was a week ago.

     

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Asian Shipbuilding subsidies put German Shipyards at risk

German shipbuilding association VSM is warning of the risk of an "irreversible loss" of skill in the country's powerhouse marine equipment and shipyard sectors due to distortions in international competition. Without government intervention at the national and EU level, warned VSM, Germany's yards run the risk of significant decline over the next decade.

 
English

Two large cruise ships return to service in the Mediterranean

As the first step to restring cruise operations for the summer of 2021 in the Mediterranean, two large ships returned to service on May 1 sailing from Italy. Carnival Corporation’s Costa Cruises returned to service for the first time in 2021, while MSC Cruises started sailing a second large cruise ship. 

 
English

CDC says U.S. Cruises should sail by summer

After weeks of criticism, the U.S. Centers for Disease Control and Prevention (CDC) issued a letter to the cruise industry on April 28 reiterating its commitment for the resumption of cruises from U.S. ports by mid-summer. The four-page letter responds to many of the issues raised by the cruise lines and for the first time provided detailed guidance as well as a new alternative to speed the resumption of U.S.-based cruises. Industry executives responded positively while cautioning that they were still reviewing the details.

 
English

CMA CGM orders 22 new boxships from China shipbuilding

French shipping company CMA CGM Group joined the wave of new containership orders placing a giant 22 ship order with China’s CSSC Group. China Shipbuilding Corporation is heralding it as the largest single containership order the company has undertaken.

 
English

Checks and balances on container rates

In shipping there have been clear winners and loser in the global war against the Covid-19 pandemic. In the latter camp sit cruise ships and to some extent tankers, who have seen earnings spike from storage demands only to fall back as international oil demand waned.

 
English

First signs of improvement in shipping reliability and reduced delays

After months of reports of delays and bottlenecks as volumes strained the global shipping industry, the worst appears to have passed. According to new data from analytics firm Sea-Intelligence while reliability and delays are still prevalent, there however was a marked improvement in schedule reliability and the first signs of reversing the deteriorating trend for late-arriving vessels. The data is also supported by anecdotal reports at ports around the globe.

 
English

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