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Shipping

Maersk Again Upgrades Full Year Guidance on ‘Exceptional Market Situation’

A.P. Møller – Maersk has again upgraded its full-year 2021 guidance to reflect strong Q2 results and “an exceptional market situation,” the company said in a trading update. Maersk on...

Defense

Navy Decommissions 2010-Built Littoral Combat Ship ‘USS Independence’

The U.S. Navy has decommissioned the 2010-built USS Independence (LCS 2), the first Independence variant Littoral Combat Ship. The Independence, which was designed to have a service life of 25...

Cruise Ships

The Cruise-To-Nowhere Trend

By Will Davies (Bloomberg) — Genting Hong Kong Ltd., the operator of giant cruise ships, is piling into the trip-to-nowhere game in its home market, offering “seacations” to Hongkongers who’ve been...