World Maritime News – Page 17

Carnival Bracing for Net Loss in 2020 FY as a Result of COVID-19

Carnival Corporation expects to post a net loss for operations for the fiscal year ending November 30, 2020.

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HHLA expects its revenue and operating result for 2020 to fall considerably below figures reported last year.

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Carnival has offered select cruise ships for use as temporary hospitals to help address COVID-19.

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Maersk decided to suspend the 2020 guidance on EBITDA pending more clarity on the market development.

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Yangzijiang Shipbuilding has inked a shipbuilding contract with Tiger Group for up to 10 container vessels.

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