May 10, 2022
Norwegian Cruise Expects Positive Current Quarter Operating Cash Flow

Norwegian Cruise Expects Positive Current Quarter Operating Cash Flow

Norwegian Cruise Line Holdings Ltd forecast operating cash flow to be positive for the current quarter on Tuesday, as the U.S. cruise operator benefits from higher on-board spending and prices with its full fleet back in service.Shares of the company rose about 3% in early trade…
May 10, 2022
Gasunie to Charter New Fortress Energy FSRU to Reduce Dutch Reliance on Russian Gas

Gasunie to Charter New Fortress Energy FSRU to Reduce Dutch Reliance on Russian Gas

New Fortress Energy has executed a binding agreement to charter a floating storage and regasification unit (“FSRU”) to Dutch energy network operator Gasunie, in an effort by the Netherlands to reduce Russian gas imports. The chartered FSRU will provide storage capacity of approximately 170…
May 10, 2022
Baltic Dry Index Nears Five-month Peak

Baltic Dry Index Nears Five-month Peak

The Baltic Exchange's main sea freight index rose to a near five-month high on Tuesday, as rates rose for all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 108 points, or 3.8%, to 2,939 points, the highest since December 13.The ca
May 10, 2022
UN Seeks $144 Million to Offload Decaying Yemen Oil Tanker

UN Seeks $144 Million to Offload Decaying Yemen Oil Tanker

The United Nations will launch a $144 million appeal on Wednesday for an operation to offload a million barrels of crude oil from a tanker stranded off the coast of war-torn Yemen for years which threatens a major environmental disaster.David Gressly…
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