Half vital cargo ship, half relaxing cruise. The new Aranui 5 is at the pinnacle of today’s freighter cruise market. Beginning next month, the Tahitian cruise-cargo ship will sail 14 day voyages from Tahiti to the Marquesas and Bora Bora.
The vessel is owned by Compagnie Polynesienne de Transport Maritime and was custom built to deliver cargo and cruise passengers to the remote South Pacific. The new vessel is slight larger than its predecessor, the 2003-built Aranui 3, at 125 meters by 22 meters and has more decks and cargo capacity.
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China’s largest shipping company is among the firms in talks to invest in a multinational consortium seeking to buy billionaire Li Ka-shing’s global ports, according to people familiar with the matter, in an effort to ease Beijing’s concerns over the controversial deal.
While global energy markets are not yet pricing in worst-case scenarios for the Israel-Iran war, oil tanker rates are providing a good real-time gauge of the escalating risks.
The European Union’s proposed ban on all Russian gas by the end of 2027 sets the stage for heated debate, with some member states nervous it will boost energy prices and cost companies millions of euros in legal fees.
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