Royal Caribbean has confirmed an order for a fourth Quantum-class newbuilding at Germany's Meyer Werft, for delivery in 2019. Although no price was disclosed, the first three vessels in the series ...
Royal Caribbean orders fourth
Meyer Turku returns to the big time
At a ceremony today for the handover of Mein Schiff 4 to TUI Cruises, Bernard Meyer, patriarch and CEO of the Meyer Group, announced that his company will be making large investments in its Finnish ...
New Megaship to Join Royal Carribean Fleet
By MarEx 2015-05-08 08:59:27 Royal Caribbean Cruises announced yesterday that it has placed an order from Germany’s Meyer Werft shipyard for a fourth Quantum-class ship, which will be delivered in ...
Container freight rates plunged in March
Container freight rates fell sharply in March and are now well below their range of the past two years, data from Container Trade Statistics (CTS), the UK-based consultancy, has shown. Its freight ...
China vessel exports up 34.8% y/o/y in 1Q
China's vessel exports rose 34.8% year-on-year (y/y) to USD8.3 billion in the first three months of 2015, according to customs statistics. The exports are likely to decrease y/y later this year as new ...
Indonesia arrests two tankers
Two tankers were arrested by the Indonesian Marine Police for illegal fuel oil bunkering off Batam and Palembang, Indonesia. Urban Success, with IMO number 8617615, was apprehended by the Indonesian ...
Newcastle coal port fully operational
Dredging, diving, scaffolding and repairs continue at Australia's largest coal port this week after heavy rain and winds closed the port in April, causing the biggest export slump for eight ...
Transpacific demand triggers rate boost
Container carriers in the US-Asia markets will ask shippers for USD1,600 in rate and surcharge increases by 1 July, citing strong cargo demand in 2Q15. The increases, announced by the Transpacific ...
MHI books $8.3bn orders in FY2014
Japan's Mitsubishi Heavy Industries (MHI) said on 8 May that its shipbuilding unit booked almost JPY1 trillion (USD8.3 billion) worth of orders for fiscal year 2014 (FY 2014), which ended on 31 ...
Thailand’s Trafficking Crackdown Adds to Desperation
By Reuters 2015-05-08 04:36:39 A crackdown on human trafficking networks in Thailand is putting migrants fleeing Myanmar and Bangladesh at more risk as smugglers hold their captives for longer at ...


