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Cruise Ship Industry News

CLIA reacts to CDC announcement

The Cruise Lines International Association (CLIA) has expressed disappointment in the CDC’s latest instructions (see ICSI website for the CDC announcement). In a statement the association said; “We share the priority of the Biden Administration to control the [Read more...]

April 13th, 2021|Safety|

‘Fuji Maru’ committed to breakers

Brokers have reported that the 1989-built Japanese cruise ship ‘Fuji Maru’ has been sold for recycling. The buyers were not identified but the price paid was said to be $443 per light displacement tonne (LDT).

April 13th, 2021|Ships|

Nakashima takes majority stake in BMS

Japanese propeller manufacturer Nakashima Propeller has bought a controlling stake in Hamburg-based Becker Marine Systems (BMS) after decades of co-operation. The combined product portfolio of both companies will create a strong hydrodynamic system provider for propulsion and manoeuvring [Read more...]

April 13th, 2021|Technology|

Cruise ships rush to St Vincent

Idle cruise ships have started to help evacuate some of St Vincent’s population caught up in the recent volcanic activity. At least one Royal Caribbean International ship has taking some of the estimated 16,000 evacuees to St Lucia. [Read more...]

April 13th, 2021|Safety|

Attica rides out the storm

Greek ferry operator, Attica, a subsidiary of the Marfin Investment Group (MIG), announced a drop of 28% in its 2020 consolidated revenue to €290.40 mill, compared to €405.40 mill recorded for fiscal 2019. As a result of the [Read more...]

April 13th, 2021|Finance|

Saga ready for the upturn

Saga plc reported a loss before tax of £61.2 mill for 2020, which reflected a £59.8 mill impairment charge of travel goodwill in the first half of last year. The group claimed a strong liquidity position, with total [Read more...]

April 13th, 2021|Finance|