Op-Ed: A decade of financial restructuring in maritime

By Scott C. Clarkson, United States Bankruptcy Judge, Central District of California, Santa Ana, Calif.

Over the past decade, several international shipyards, boat builders, and marine shipping companies have encountered financial difficulties due to various external challenges. Notable examples include Harland & Wolff, the historic Belfast shipyard, renowned for building the Titanic, which faced insolvency in 2019 and again in 2024.  In September 2016, South Korea’s Hanjin Shipping, then the...

https://www.marinelog.com/views/op-ed-a-decade-of-financial-restructuring-in-maritime/

VESSEL REFIT | Doulos Hope – German aid charity to operate former cruise ship

GBA Ships, a charitable organisation headquartered in Germany, has acquired a luxury private charter vessel formerly operated by Genting Hong Kong through its Star Cruise ..

The post VESSEL REFIT | Doulos Hope – German aid charity to operate former cruise ship appeared first on Baird Maritime.

https://www.bairdmaritime.com/work-boat-world/passenger-vessel-world/cruise/vessel-refit-doulos-hope-german-aid-charity-to-operate-former-cruise-ship/

German charity acquires ex-Genting Hong Kong luxury charter ship

GBA Ships, a charitable organisation headquartered in Germany, has acquired a luxury private charter vessel formerly operated by Genting Hong Kong through its Star Cruise ..

The post German charity acquires ex-Genting Hong Kong luxury charter ship appeared first on Baird Maritime.

https://www.bairdmaritime.com/work-boat-world/passenger-vessel-world/cruise/german-charity-acquires-ex-genting-hong-kong-luxury-charter-ship/