The U.S. Navy aircraft carrier Theodore Roosevelt has returned to its homeport in San Diego following a more than six month deployment that was plagued by military's most high profile COVID-19 outbreak onboard. The Nimitz-class aircraft carrier arrived at Naval Air Station North Island in San Diego on Thursday after deploying on January 17 with over 6,000 service members to … [Read more...]
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Governments Back Urgent Action to Facilitate Seafarer Crew Changes
A group of governments from twelve countries have come together to pledge urgent action to resolve the crew change crisis that has emerged as a result of COVID-19 pandemic. In a joint statement presented Thursday during the virtual International Maritime Summit on Crew Changes, representatives from 12 countries expressed their deep concern about the current crisis and … [Read more...]
TUI Completes Sale of Hapag-Lloyd Cruises to Joint Venture
Germany-based TUI Group has completed the sale of its subsidiary Hapag-Lloyd Cruises to TUI Cruises, a joint venture which TUI has with Royal Caribbean. TUI Group agreed to the sale in February for an enterprise value estimated at 1.2 billion euros. All approvals including merger clearance by the EU commission have now been fulfilled. TUI said the transaction closed in a … [Read more...]
Actual Number of Containers Lost at Sea Falling, Study Shows
The global container shipping industry continues to see a declining trend in the number of containers lost at sea each year. The World Shipping Council (WSC) on Wednesday released an update to its survey that provides the industry with its best estimate on the number of actual containers lost at sea. WSC undertook the first survey of its member companies in 2011, with … [Read more...]
Second Matson ‘Con-Ro’ Christened at NASSCO
The second of two Kanalao-class "con-ro" ships for Honolulu-based Matson, Inc. (NYSE: MATX) was launched last week at General Dynamics NASSCO shipyard in San Diego, California. The new vessel was christened 'Matsonia,' an iconic name in Matson's long history dating to the construction of Matson's first ship of that name in 1912. The Matsonia is the second of two new ships … [Read more...]