Swedish shipping conglomerate, Stena AB reported an increase in total revenues of SEK2,816 mill to SEK26,415 mill for the first six months of this year. The revenues were higher in all business segments offset by lower revenues within the New Businesses division, compared to the [Read more...]
Holland Norway Lines (HNL) was declared bankrupt by a Groningen Court on 4th September. The bankruptcy was requested in consultation with trustee Hans Silvius and the management of HNL. Silvius was appointed as curator. The reason for proceeding with the bankruptcy application was that no [Read more...]
Recently, Belgian underwater repairer Hydrex mobilised diver/technician teams to carry out stern tube seal replacement on a 150 m long cruise ship. The repair was undertaken at Brest. The ship was leaking oil, making on-site repairs necessary. Using a Hydrex flexible mobdock, the team was [Read more...]
Norwegian-based European Cruise Service (ECS) is experiencing strong growth and is seeing the results of targeted work within a zero-emission strategy. “We have persisted in our strategy of delivering quality services and investing in the electrification of our transport services. This has paid off with [Read more...]
Last June, the Port of Turku joined Turku’s city climate team, which has set the goal of being carbon neutral in 2029. Turku’s port has been undertaking systematic environmental work for a long time. Mitigation of climate change, as part of the carbon-neutral Turku urban [Read more...]
MEYER Floating Solutions, a subsidiary of the cruise shipbuilder MEYER Group, has unveiled the world's first floating cruise terminals. These terminals mark a paradigm shift in sustainable port expansion, offering an innovative solution globally, MEYER claimed. This approach not only caters to ports with limited [Read more...]
Global Ports Holding (GPH), the world's largest independent cruise port operator, has been awarded a 10-year port concession agreement, with a potential five-year extension option, by bremenports on behalf of the city of Bremen to operate the Columbusbahnhof Bremerhaven (Bremerhaven Cruise Port). The agreement’s start [Read more...]
Northern Ireland-based outfitting company, MJM Marine has secured $150 mill of new work in the marine industry for 2023/24. This increase in business involving several global clients, including the world’s largest cruise companies, will see the Newry-headquartered business create more than 100 new jobs. The [Read more...]
Recently, Virgin Voyages has announced that it had completed its next round of funding, is losing its founding CEO to retirement and has had to delay the delivery of its fourth ship. The latest round of funding saw the closure of an additional $550 mill [Read more...]
Foreship has relocated its UK subsidiary to larger premises and appointed Tuur Killaars as Senior Sustainability Specialist. These moves have been made in a dual response to the volume and scope of enquiries being dealt with by the naval architect and marine engineering firm one [Read more...]