Public-private partnerships could take over two key ports near the Panama Canal if courts invalidate a contract with Hong Kong-based CK Hutchison’s to operate them, Panama’s President Jose Raul Mulino said on Thursday.CK Hutchison holds a 90% stake in …
Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over Read More »
Norwegian Cruise Line Holdings signaled a demand rebound for its cruise vacations and maintained its annual profit target, sending its shares up 12% on Thursday.The company had earlier warned that geopolitical tensions and economic uncertainty around t…
Norwegian Cruise Maintains Profit Forecast, Bookings Rebound Read More »
The “Viking Mira,” a new cruise ship under construction for Viking, was launched at the Ancona shipyard. The ship is scheduled to debut in spring 2026, offering itineraries in the Mediterranean and Northern Europe.The ceremony, which marks the ship’s t…
Fincantieri Launches “Viking Mira” Cruise Ship Read More »
After focusing mostly on selling older tonnage, CEO Kenneth Hvid says a gradual shift is ahead
Teekay Tankers to up pace of vessel buying — and maybe order newbuildings Read More »
South Korea’s shipbuilding industry played “the most important role” in securing an agreement with the U.S. on tariffs, an analyst said on Thursday (July 31).President Donald Trump said on Wednesday (July 30) the U.S. will charge a 15% tariff on import…
Shipbuilding Played An Important Role in 15% Tariff onSouth Korea Read More »