Chinese naval vessels steamed into Russia’s far eastern port of Vladivostok on Thursday ahead of joint drills scheduled from August 1 to August 5.Video footage from Russia’s Defence Ministry showed the vessels, including a submarine, entering the harbo…
Chinese Naval Vessels Arrive in Vladivostok Port For Joint Drills With Russia Read More »
The military and Coast Guard budgets are established that will benefit the U.S. ship building and repair sector, but what will stimulate the commercial yards?This author has been scratching his head of late, after a thrilling dive into July’s U.S.
U.S. Shipbuilding Plots the Path Ahead Read More »
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 »