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Major Cruise Lines to Keep Operation Shut Till 31st July
Two major cruise lines Royal Caribbean and Norwegian Cruise Lines have confirmed that they will keep their operations shut till 31st July. After corona outbreak, all cruise lines shut their operations and the focus was shifted to repatriation of crew members to their home. In the first quarter of 2020, cruise lines have faced a […]
MAERSK Forecasts Its Earning Close to $24bn This Year
Maersk which is world largest shipping company revised its forecast of EBITDA earnings from earlier $10bn to now $24bn. This revision comes amid strong demand of cargo over post covid times. The demand has led congestions at various ports all around the world, with shortage of shipping container all over. If we talk about the […]
Five Future Challenges ahead Shipping Industry
What could be 5 Future Challenges for Shipping Industry among the important sector of business, shipping comes as core and accounts for around 90% move of cargo from one place to another. While some nation has their economy directly dependent on shipping, some have infrastructure to keep it moving. So, in these times of modern world, or from the past also, […]