The ocean cruise ship industry surpassed 2017 passenger projections, reaching 26.7 million cruise passengers globally up from a projection of 25.8 million, according to the Cruise Lines International Association (CLIA).For 2018, based on the…
Cruise Industry Beat 2017 Passenger Projections Read More »
GE Aviation’s marine gas turbines are the ideal solution for the Royal Canadian Navy’s next generation surface combatant program, GE Marine said Thursday at the CANSEC 2018 trade exhibition.“GE’s LM2500 family of engines are used by the Royal Canadian …
GE Powers Canada’s New Combat Ships Read More »
In what appears to be an encouraging sign, in terms of future tonnage supply, the ships’ demolition market seems to be very much alive. In its latest weekly report, Clarkson Platou Hellas noted that “despite Ramadan in full proceedings, there remains h…
Ships’ Demolition Market Still Very Much Active Read More »
Last year, although there were many fluctuations in freight markets, the long-standing shipping recession seemed to be coming to an end. The beginning of 2018 finds our shipping industry maintaining the highest position internationally, controlling abo…
One thing is certain in today’s world of free trade: nothing is what it seems to be. We are navigating through a minefield of contradictory trade policies and statements from the U.S., the EU and China. Other dangers are political discontinuity in Ital…
Global Trade Navigating Through a Minefield Read More »