The Public Investment Fund from Saudi Arabia has taken 8.2 percent stake in Carnival Corporation.
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Saudi Arabia Buys 8.2 Pct Stake in Carnival Corporation Read More »
The cost cutting measures are being announced on the back of a major drop in demand.
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Stena Line to Furlough 600, Lay Off 150 Workers due to COVID-19 Read More »
Ultra large containership Milano Bridge toppled a crane at a container terminal in the Port of Busan.
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Watch: ULCV Crashes into a Crane at Busan Port Read More »
Workers at Haldia Port suspended dry bulk vessel operations after confirmed COVID-19 case.
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Workers at Haldia Port Suspend Dry Bulk Ops after COVID-19 Case Read More »
The economic impact of the push to adapt to the demand drop is yet to be seen as things develop.
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Worst Case Scenario Could Bring About USD 23 Bn Loss for Carriers Read More »