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Shipping

SFL Acquires Two Modern Containerships and Sells Vintage Feeders to MSC

NYSE-listed SFL Corporation (NYSE: SFL) has agreed to acquire two secondhand 14,000 TEU containerships backed by charters to a leading container line. The company described the vessels as modern eco-design...

Cruise Ships

Royal Caribbean Falls on Earnings Miss, Delta Variant

By Jonathan Levin (Bloomberg) — Royal Caribbean Cruises Ltd. tumbled after reporting second-quarter results that fell short of Wall Street projections and saying the delta variant of Covid-19 is having a...

Shipping

U.S. Maritime Regulator Probing Legality of Carriers’ Congestion Surcharges

The U.S. Federal Maritime Commission has requested answers from eight ocean carriers regarding congestion-related surcharges they have either implemented or announced. The FMC says the information request is part of...