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Cruise Ship Industry News

Bolidt back on track

The lifting of the US ‘No-Sail Order’ puts cruise shipbuilding back on track and activities at resin applications specialist Bolidt have quickly ramped up in response, the company revealed. In what represents a significant step forward for the [Read more...]

November 14th, 2020|Refurbishment|

Finnlines Grimaldi slams state

Finnlines has continued to work resiliently, despite losing over 30% in profits, the company said in its third quarter results presentation. President and CEO, Emanuele Grimaldi (pictured) explained; “The Finnlines Group’s passenger volume decreased by over 50% and [Read more...]

November 14th, 2020|Finance|

Tallink suffers 50% less revenue

Tallink Grupp’s normally high season third quarter produced an unaudited net loss of €23.9 mill, compared with a €54.6 mill profit in 3Q19. Third quarter EBITDA remained positive, due to significant activities and efforts from the company to [Read more...]

November 14th, 2020|Finance|

Meyer Turku lays off 250

Cruise ship and ropax builder, Meyer Turku has confirmed that it has closed negotiations to permanently lay off 84 people from outfitting and design functions. The number includes nine blue-collar and 75 white-collar workers, the yard said. Together [Read more...]

November 14th, 2020|Marketing|

SWS starts building first cruise ship

Fincantieri has held the coin laying ceremony for a newbuilding cruise ship at Shanghai Waigaoqiao Shipbuilding (SWS), a subsidiary of China State Shipbuilding Corp (CSSC). She is under construction for CSSC Carnival Cruise Shipping, a joint venture between [Read more...]

November 14th, 2020|Ships|