Shipping

  • CDC approves additional cruises, but Disney...

    The cruise industry continues to make progress with its efforts to resume sailing from the U.S. ports, with the Centers for Disease Control and Prevention (CDC) authorizing additional cruise ships to begin sailing, including one of the largest cruise ships in the world. The COVID-19 virus, however, continues to challenge the cruise lines while they await word on the resolution of Florida’s lawsuit that could potentially relax the rules to restart service.

     

  • China christens its first luxury cruise ship

    China recently christened its first luxury cruise ship, which will operate for the domestic cruise market. While China has begun to develop its domestic cruise industry acquiring older secondhand tonnage and converted ferries, the new joint venture between China Merchants Shekou and Viking Cruises is designed to bring a new level of luxury to the domestic market.

     

  • U.S. Cruising Officially Resumes With Sailing of...

    The luxury cruise ship Celebrity Edge departed Port Everglades, Florida on Saturday evening, carrying 1,100 paying guests on the first full-scale commercial cruise from an American port since the COVID shutdown began last year. 

     

  • Carnival Corporation Sells and Reassigns Cruise...

    Carnival Corporation has sold its nineteenth cruise ship as the world’s largest cruise company works to implement its recovery from the pandemic-related pause in operations. The corporation expects to have just over half its cruise ships back in operations by November 2021 while also announcing plans to redeploy ships after the accelerated disposals in 2020.

     

  • India: Short sea container shipping service ready...

    The short sea container shipping service between the Vallarpadam container terminal and the Beypore port will begin on June 24. Carrying coastal and export-import (exim) transshipment containers, Motor Vessel Chowgule-8 owned by Round The Coast Private Limited will be the first to arrive in Beypore through Green Freight Corridor-2.

     

  • BIMCO publishes new standalone Refund Guarantee...

    A buyer’s payment instalments are at risk under a shipbuilding contract until the shipyard delivers the ship. To safeguard against the risk of the shipyard defaulting or becoming insolvent it is common practice to cover this risk with a refund guarantee issued by a bank. BIMCO’s Documentary Committee has adopted a clearly worded standalone refund guarantee that will assist parties in their shipbuilding projects.

     

  • Eight crew with COVID causes Royal Caribbean ship...

    The same week that Royal Caribbean International is marking its return to North American cruising, the company announced that it is also delaying the maiden voyage of its newest cruise ship for a month after crew members aboard the vessel tested positive for COVID-19. Eight crew members tested positive for the virus as part of routine testing aboard the 169,000 gross ton Odyssey of the Seas, which recently arrived in the United States.

  • Maersk’s new Vancouver facility targets PNW...

    North American importers and exporters will gain more cross-dock transload capacity in their PNW supply chains during the 2021 peak season. Maersk and Canadian Pacific announced the construction of the new facility in September 2020 with ideal connectivity to the port of Vancouver via rail (or truck) directly into the warehouse.

     

  • Costamare Inc. Announces Acquisition of Dry Bulk...

    Costamare Inc. announced today the acquisition of 16 dry bulk vessels of between 33,000 and 85,000 DWT, with an average age of 10 years. The vessels are currently operating in the spot market. Two of the ships have been delivered with the rest of the vessels expected to be delivered latest by January 2022.

     

  • North America’s First LNG Cruise Ship Fuels...

    North America’s first LNG-fueled cruise ship is preparing for its maiden voyage in July. Carnival Cruise Line’s new Mardi Gras recently arrived in Florida to prepare for its entry into service and as the next step conducted the first-ever LNG fueling at Port Canaveral, Florida. 

     

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Cutting Commences on Sixth Section of Golden Ray Wreck

Salvors on the Golden Ray wreck removal project in St. Simons Sound, Georgia began work on the sixth cut through the vessel's hull. The last cut was completed on July 1, and the team has used the intervening three weeks for hoisting and removing the fifth section, then conduct a thorough overhaul of the cutting gear aboard the heavy lift barge VB 10,000.

 
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Cruises in Singapore and Malaysia Restricted by New Wave of COVID-19

The spread of new variants of COVID-19 and the resurgence of the virus, especially in parts of Asia, is leading to a new round of restrictions that will impact crew changes and cruise ships. Starting today, July 22, Singapore reintroduced strict restrictions in an effort to contain the latest wave of the virus with other countries in the region following suit.

 
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Carnival Expects Three-Quarters of Capacity to Resume Sailing in 2021

Sixteen months after the cruise industry paused operations, the largest cruise corporation, Carnival Corporation, now reports that it hopes to have as much as three-quarters of fleet capacity in operation by the end of 2021. Five of the company’s brands are currently sailing, with it expected to expand to eight brands in the coming days and weeks. Operations in Asia and Australia however remain suspended with no target dates to resume sailing.

 
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