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1 Demanding 2021 for Color Line, but bookings return to pre-covid levels
FinanceColor Line had revenues of NOK 2.6 billion in 2021, which was in line with 2020, but significantly below the NOK 5.3 billion 2019. However, the company's operating profit increased to NOK 211 million (NOK -47 million), w...
2 Meyer Turku shipyard delivered CARNIVAL CELEBRATION
CruiseMeyer Turku has delivered the CARNIVAL CELEBRATION cruise ship to Carnival Cruise Line. Carnival Celebration was delivered on schedule and will start its maiden voyage already later this week.
3 BC Ferries embarks on procurement of a further four Island-class vessels, to be followed by seven new major ferries
FerryCanada’s west coast ferry operator, BC Ferries, started the official procurement process for a further four new Island-class vessels, as part of the company’s latest major newbuilding programme which will also see the Vict...
4 Lindblad Expeditions released its 2018 full-year results
FinanceLindblad Expeditions Holdings reported strong 2018 financial results with a 16% increase in tour revenues and an adjusted EBITDA that increased 26% compared to the year before.
5 Piraeus chasing larger homeporting role
PortPiraeus is about to embark on a near USD 200 million (EUR 170 million) project to expand its cruise terminal as Greece’s largest port chases a bigger role in the homeporting market.
6 Fincantieri post their Q3 result
FinanceThe shipyard Fincantieri has posted their result for the third quarter of 2017.
7 Royal Caribbean reports record 2019 results
FinanceRoyal Caribbean released its 2019 financial results which reached record numbers. Revenues ended at USD 10.95 billion (USD 9.5 billion) and US GAAP Net Income was USD 1.9 billion (USD 1.8 billion).
8 MOL Ferry and Ferry Sunflower to become Japan's largest ferry and ro-ro company
Mitsui O.S.K. Lines (MOL) announced that its consolidated subsidiary companies, MOL Ferry Co., Ltd. and Ferry Sunflower Limited will be merged on 1 October 2023. The surviving company will be MOL Ferry Co., Ltd. and the company...
9 AMHS announces new long-term plan to 2045 for fleet and terminal upgrades
FerryThe state-owned Alaska Marine Highway System (AMHS) has announced its latest long-term plans for its fleet and terminal upgrades programmes. Phase 1 has just been completed, with Phases 2 and 3 being completed in spring an...
10 Tallink’s ISABELLE on its way to British Columbia to start long-term charter to Bridgemans Services after upgrade project in Estonia and Finland
FerryTallink’s ISABELLE is currently on her way from Europe to British Columbia, Canada, via Las Palmas and the Panama Canal, to start her long-term charter to Vancouver-based floatel specialist Bridgemans Services Group (BSG) ...
11 LOI signed for two 108-passenger capacity ultra-luxry sail-powered cruise vessels at Saint Nazaire’s Chantiers de l’Atlantique
CruiseThe latest luxury hotel group to dip it toes into the high-end cruise vessel market is France’s AccorHotels, whose new Orient Express sailing cruise line has signed a Letter of Intent with Saint Nazaire’s cruise ship newb...
12 Car carrier newbuilding spree continues with COSCO Shipping JV ordering six further PCTC’s at Chinese yards
Ro-roThe car carrier newbuilding spree experienced during 2022 has continued towards the end of December with Guangzhou Yuanhai Car Carrier Transportation, a joint venture recently set up by COSCO Shipping specialised Carriers,...
13 Liberty Lines confirms another three high-speed ferries at Astilleros Armón
High-speedTrapani, Sicily-based fast ferry operator Liberty Lines, formerly Utisca Lines, has confirmed another three high-speed ferries at Spain’s Astilleros Armón shipyard, taking its contract with this northern Spanish fast ...
14 Condor Ferries commits to Portsmouth International Port for a further 10 years
Jersey, Channel Islands-based Condor Ferries has continued its long-term association with Portsmouth International Port (PIP) by committing to a further 10 years running both freight and passenger services from the UK south coa...
15 David MacBrayne 2018 full year financial result
FinanceDavid MacBrayne Ltd, the Scottish ferry operator that operates a fleet of 36 vessels servicing 26 islands and mainland locations through CalMac Ferries Ltd and Argyll Ferries Ltd, has posted its latest financial result f...
16 Norwegian Cruise Line Holdings Q4 and 2016 full year result
FinanceNorwegian Cruise Line Holdings have released their Q4 and 2016 full year result together with a 2017 outlook.
17 Hanseatic Cruise Services enter the passenger ship management sector
Ferry March 15. Bernhard Schulte Shipmanagement (BSM) and Optimum Ship Management the Piraeus-based manager of the Louis Group's Greek operation Celestyal Cruises have launched a new joint venture partnership, Hanseatic Cruise ...
18 Ponant unveils a sail powered next generation cruise ship known as Swap2Zero
CruisePonant has unveiled a pioneering new design for its next generation cruise ship – Swap2Zero – a ship with sail power, solar panels and fuel cells. The 181m sail cruise ship will have accommodation for passengers in 100 ca...
19 Scotland’s CalMac in the red again
FerryThe latest annual report from Scotland’s largest ferry operator, Caledonian MacBrayne (CalMac), has shown another year-end loss. The DML (David MacBrayne Ltd) Annual Report and Financial Statement for the year ending 31 Ma...
20 NCL ordered to pay USD 110 million in damages by US judge for use of Cuban cruise port
CruiseA US judge has ordered Norwegian Cruise Line Holdings (NCL) to pay USD 110 million in damages for use of a port that Cuba’s government confiscated in 1960. The decision is a milestone ruling for Cuban-Americans seeking co...

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