Norwegian Cruise Line Holdings Ltd has raised over $2.2 billion through debt and equity offerings, giving the cash-strapped cruise operator much-needed funds to survive extended voyage suspensions due to the COVID-19 pandemic.The company warned…
Norwegian Cruise Line Secures $2.2 Bln Funds Read More »
China’s exports and imports are expected to record double-digit declines in April after a tentative recovery in March as the coronavirus pandemic batters global demand and disrupts manufacturing supply chains, a Reuters poll showed on Wednesday.The…
China Exports, Imports Set to Plummet Read More »
As Washington and Beijing trade barbs over the coronavirus pandemic, a longer-term struggle between the two Pacific powers is at a turning point, as the United States rolls out new weapons and strategy in a bid to close a wide missile gap with…
US Rearms to Nullify China’s Missile Supremacy Read More »
Shipbuilder All American Marine, Inc. (AAM) launched the first of two 78-foot aluminum catamarans for Seattle-based customer Great Western Attractions (GWA), who will operate the passenger excursion vessels in Puget Sound. The second vessel…
AAM Launches 78′ Catamaran Tour Boat Read More »
Finland’s Wärtsilä plans to cut 700 jobs globally as the Finnish engineering group splits its ship technology business into three separate business units.”Even though the timing is challenging, implementing the new organisation and modus operandi fast …
Wärtsilä to Cut 700 Jobs in Ship Unit Revamp Read More »