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Retail

Retail Marine Insurance

Covering news from the retail marine business including claims on yachts and super-yachts.

  • Resumption of European and North American cruises put back yet again January 14, 2021
    The Royal Caribbean Group cruise line has announced a new range of cancellations and postponements. It said that “as we work closely with the US Centers for Disease Control and Prevention ....
  • Carnival says it has enough liquidity to get through all of 2021 even with no revenue January 14, 2021
    Carnival Corp has reported a US GAAP net loss of $2.2bn and adjusted net loss of $1.9bn for Q4 2020. The company said that it ended the quarter with $9.5bn of cash and cash equivalents ....
  • World Cruise Center LA expects more than 24 cruise ships by early February January 13, 2021
    The World Cruise Center in Los Angeles has said that it was anticipating the arrival of more than 24 cruise ship calls by the end of early February. It said that the calls would be technical .....
  • Cruise companies postpone Alaska trips January 12, 2021
    The Covid-19 pandemic continues to impact the global cruise industry, with news that Holland America and Princess Cruises, both owned by Carnival Corp, would now be pausing their scheduled .....
  • DFDS suspends ferry service due to stricter travel restrictions January 12, 2021
    DFDS has stopped passenger transport on the route Copenhagen-Frederikshavn-Oslo due to new stricter travel restrictions. This means that Passenger/Cargo RoRo Pearl Seaways (IMO 8701674) ....
  • Color Line lays-off 500 employees, suspends passenger service January 12, 2021
    Passenger ferry operator Color Line has announced that it is suspending passenger operations and laying off additional employees. Citing new government restrictions that on passenger ....
  • MSC and Costa Crociere both plan to restart cruises from Italy this month January 8, 2021
    Both MSC and Costa Cruises have announced plans to restart cruises from Italy this month. The move followed the Italian Government’s requested pause during the holiday season ....
  • More pauses for cruises January 7, 2021
    P&O Cruises Australia has said that it will be extending its rolling pause in operations in New Zealand. Departures on and before April 25th 2021 have been cancelled. The cruise line said ....
  • Nexus acquires marine business from Hiscox MGA January 6, 2021
    Independent specialty Managing General Agent Nexus Group completed its acquisition of the Hiscox MGA Marine business (HMM) from Hiscox MGA Ltd on December 30th 2020 ....
  • “Technical problems” impact Carnival Corp’s AIDA and Costa Cruises January 4, 2021
    Cruise company Carnival Corporation have said that its brands AIDA and Costa Cruises were both suffering from technical problems that were affecting operations. The problems were first ....

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