By Fran Golden (Bloomberg) –Hundreds of people lined the banks of Glasgow’s River Clyde a few weeks ago for the rare sight of a small, high-end cruise ship sailing upriver—practically into the heart of the city. The Azamara Journey thrilled socially distanced onlookers by blasting its horn, typically a heralding of lively celebration. But this […]
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Containership Demolition Increasing Despite Falling Scrap Prices
By Mike Wackett (The Loadstar) – With the containership charter market in the doldrums, demolition sales have picked up, with reports of a number of vessel sales. Among them is the 1998-built 9,600 teu Sine Maersk (pictured above), which has been sold to Turkish breakers and will become the largest containership ever sent for recycling. […]
Port of Long Beach Cargo Volumes Fall 11% in June
The coronavirus pandemic continues to hammer U.S. west coast ports. The Port of Long Beach on Friday reported that 602,180 TEU was moved across its docks in June, making for an 11.1% decline compared to June 2019. Imports shrank 9.3% to 300,714 TEUs, exports dropped 12.2% to 117,538 TEUs, and empty containers shipped overseas to […]
Key Countries Agree to Help Bring Home Seafarers Stuck on Ships
By K. Oanh Ha and Krystal Chia (Bloomberg) — More than a dozen countries with crucial global shipping hubs agreed to ease port and border restrictions for seafarers to help the more than 200,000 workers still stranded on vessels return home. Nations including the U.S., Singapore, Greece and the United Arab Emirates said they would […]
Carnival Corporation to Begin Cruises in Phases
July 10 (Reuters) – Carnival Corp said on Friday it was planning to resume operations in a phased manner and would operate with a smaller fleet on its return, months after suspending trips due to the COVID-19 pandemic. The company’s shares, that have lost more than two-thirds of their value this year, rose as much […]
