Cammell Laird in cruise alliance CAMMELL Laird's ambition to become a fully fledged international marine services company took a big step forward yesterday when the group entered a cruiseship and ferry management joint venture to which it has sold the former Edinburgh Castle.
World Discoverer's salvage in doubt SURVEYORS are examining the beached adventure cruiseship World Discoverer in the Solomon Islands before a decision is made whether she can be repaired or will be declared a constructive total loss, writes James Brewer.
Aker bearish on profit outlook NORWEGIAN offshore supplier Aker Maritime yesterday came good on its earlier warning of an unadjusted first-quarter net loss, and further warned that a significant improvement on the bottom line would not be seen until the third quarter.
Trico hit by weak offshore markets WEAK offshore markets hit Houston-based Trico Marine hard once again in the first quarter of this year, with net losses for the period rising to $9.1m from $7.3m in losses in the same quarter last year. Revenues also slid from $28.3m to $26.4m over the same period.
No let-up in sight for yards crisis THE European Commission said its second monitoring report has found the world merchant shipbuilding market still in crisis with few indications that this situation will improve.
Stolt Perseverance leaves port The hull of the Stolt Perseverance, the last vessel built by the Ateliers et Chantiers du Havre shipyard, is due to leave the French port today under tow from the Dutch salvage tug Sandy Cape. The 37,000 dwt vessel, which was launched in October last year, will be completed by the Croatian shipyard Uljanik of Pula. Closure of Ateliers et Chantiers du Havre, which got into grave financial difficulties on the Stolt order, will leave Le Havre with no ships under construction.
Star profits slip after NCL purchase ACQUISITION of Norwegian Cruise Line cost Star Cruises a $16.8m fall in first quarter profits, largely due to the cost of financing the deal.
Aurora heads for Blohn + Voss yard AFTER landing her passengers in Southampton yesterday morning from their aborted inaugural cruise, P&O's new cruiseship Aurora left her berth at midday on her way for repairs in Germany, writes Michael Grey.
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