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16/08/2025

Law firm, Watson Farley & Williams (WFW) has advised Prow Capital, who manage the Green Shipping Fund (GSF), on the senior secured post-delivery financing granted to Italian fast ferry operator, Liberty Lines. This loan facility will primarily be used to finance a series of hybrid high speed ferries...

16/08/2025

MSC Group’s Cruise Division has published its 2024 Sustainability Report reaffirming its commitment to achieving net-zero greenhouse gas (GHG) emissions by 2050. This was accompanied by an independently verified Energy Transition Plan (ETP) to clearly show how the company is working to achieve thi...

16/08/2025

Baltic ferry operator, Viking Line has reported sales of EUR €128.4 mill (€125.9 mill in 2Q24) for the second quarter of this year. Other operating revenue was €0.2 mill, the same as 2Q24. Operating income totalled €6.9 mill €6.2 mill), while income after taxes was €4.8 mill (€1.8 mill...

16/08/2025

Norwegian Cruise Line Holdings (NCLH) generated record total revenue for the second quarter of $2.5 bill, an increase of 6% versus 2Q24. GAAP net income was $30 mill, with an EPS of $0.07. Adjusted EBITDA was $694 mill, exceeding the group’s guidance. Adjusted EPS was $0.51, meeting the guidance, ...

01/08/2025

Elenger has reportedly successfully carried out its first truck-to-ship LNG bunkering operation in Poland, fuelling the new dual-fuel ropax (NB101) at Remontowa Shiprepair Yard in Gdansk. This ferry, currently undergoing harbour acceptance tests, was supplied with 139 cu m of LNG via Elenger’s fle...

01/08/2025

The Mexican ITM Group has secured a 25‑year concession with the Spanish Moroccan Port Authority of Melilla to build a cruise terminal alongside the mineral loading dock and to refurbish 10 adjoining commercial premises at Noray Marina. The company said it intended to invest around €1.8 mill in...

01/08/2025

Italian engineering company Somec has won contracts worth a total of €110 mill for its Horizons division which specialises in engineered systems for naval architectures and civil façades and Talenta systems and products for professional kitchens. The first contract was with Fincantieri and concer...

01/08/2025

V.Ships Leisure, part of V.Group, has been awarded a shipmanagement contract by Marella Cruises, TUI UK’s ocean cruise line. The five-year agreement will cover the full technical, crewing, digital and ESG management of Marella’s five cruise ships. The first two vessels will come under management...

15/06/2025

Finnish cruise ship and ferry builder Meyer Turku has installed central heating in its building dock. Before, oil-burning stoves were used for heating during the colder winter months, but with the introduction of a water-based central heating system, significant reductions in emissions and costs hav...

15/06/2025

Fincantieri and TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises, celebrated the launch of ‘Mein Schiff Flow’, the second of two cruise ships of the newly developed dual-fuel InTUItion class, at the Monfalcone shipyard. The sistership of ‘Mein Schiff Relax’, delivered ...

15/06/2025

Tallink Grupp has chartered the cruise/ferry ‘Romantika’ to Algeria’s state-owned company, Madar Maritime Co. “The deal will have a positive impact on Tallink’s financial results,” said Paavo Nõgene, Tallink CEO. “We have been closely monitoring the developments on our routes, and fin...

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