Royal Caribbean Borrows $2.2 Billion to Shore Up Liquidity
Royal Caribbean has entered into a new financing facility that to further boost the company’s liquidity as the cruise market tanks amid the coronavirus
Royal Caribbean has entered into a new financing facility that to further boost the company’s liquidity as the cruise market tanks amid the coronavirus
By Jonathan Saul and Elisa Anzolin LONDON/MILAN, March 24 (Reuters) – Ships and their crews must be able to trade freely with minimal port restrictions
The Port of Savannah recorded a sharp increase in container volumes in February although it expects March numbers to dip due to impacts from COVID-19. On
The International Transport Workers’ Federation is calling on A.P. Moller – Maersk to protect its seafarers and terminal workers from the coronavirus
By Gavin van Marle (The Loadstar) – As the retail industry across Europe and North America begins to effectively shut down as governments enforce
OSLO, March 23 (Reuters) – Shipping firm Wallenius Wilhelmsen, which transports cars and other vehicles from factories to markets, has cut its
By Salvatore R. Mercogliano, Ph.D. – On Friday, March 13, 2020, the Cruise Lines International Association (CLIA) announced that their ocean-going cruise
By Vera Eckert and Stine Jacobsen FRANKFURT/COPENHAGEN, March 20 (Reuters) – Leading container shipping firm A.P. Moller-Maersk scrapped its 2020
By Nikolaj Skydsgaard COPENHAGEN, March 20 (Reuters) – Cost-cutting and price rises will help Maersk deliver higher first-quarter earnings than a year
By Jonathan Saul LONDON, March 20 (Reuters) – The world’s number two container line MSC is in talks with the United Arab Emirates after the Gulf
By Dan Whitcomb LOS ANGELES, March 19 (Reuters) – California’s governor on Thursday asked President Donald Trump to send a
The world’s largest cruise company has offered its laid-up ships to governments and hospitals as they try to combat coronavirus and handle the influx of
While gCaptain joins the majority of people working from home, Coast Guard, Navy, Tugboaters, Seafarers, facilities engineers, ferry captains, and millions of
The International Chamber of Shipping and Internatiional Transport Workers’ Federation are calling on the United Nations to keep ports open and facilitate
By Alex Longley (Bloomberg) — Oil tankers starting to drop anchor as traders start deploying the vessels to keep barrels at sea in the wake of the price
Update: Port Houston container terminals are set for reopening for regular business March 20. Full statement at the bottom. Port Houston has suspended
By Keshia Clukey (Bloomberg) — The Navy hospital ship Comfort is being dispatched to New York City, Governor Andrew Cuomo told reporters in Albany
South Africa’s Transport Minister Fikile Mbalul has imposed a ban on cruise ships starting today amid the novel coronavirus outbreak. The
AMSTERDAM, March 18 (Reuters) – The Port of Rotterdam, Europe’s largest, expects the flow of goods over the whole of 2020 to be “clearly
By Wendell Roelf CAPE TOWN, March 17 (Reuters) – South Africa is holding the cruise liner MV AidAmira and a cargo vessel off Cape Town after a crew
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