The world largest cruise line is selling more than 13 ships which are nearly 9% of its capacity as the company is continuously facing a cash crunch.
Global Champions Unite is an international campaign in support of seafarer welfare, in which participants have 90 days to reach their challenge goal and hit their fundraising target.
The Port of Long Beach had the best August in its 109-year history, marking a strong start to the peak shipping season, although COVID-19 continues to create long-term economic uncertainty.
Silverstream expands team with 13 new hires, almost doubling its workforce, to support recent company success and further position itself as one of the shipping industry’s leading clean technology providers
Despite the economic shockwaves engendered by the ongoing global pandemic, the world’s leading carriers continue to display signs of effective strategic management skills.
A settlement agreement between the Bahamas Paradise Cruise and their crew members has dictated that the company will now have to pay $875,000 to about 275 seafarers who have been working without wages.
Transhipment in the seaports in the North Sea Canal region – Amsterdam, IJmuiden, Beverwijk and Zaanstad – fell by 10.7% to 48.7 million tonnes (2019: 54.6 million) in the first six months of this year.
With the USA extending the ban on Cruise ship industry till the end of September, seafarers on the other end of the world face tremendous repercussions.
Carnival Corporation, the biggest cruise line operator in the world confirms its plans to sell a total of 13 of its ships this year, in a bid to deal with the losses faced due to the COVID-19 pandemic.