When Covid-19 took hold, cruise ship operators struggled to stay afloat. One option was to scrap older vessels – giving one ...

When cruise lines like Royal Caribbean build a new cruise ship, they don’t expect it to sail in their fleet forever. Most major cruise lines plan to get about 30 years of life out of each new ship ...

Adding to the concerns of clients who invested with Yieldstreet, the company said in a letter to customers last month it was hanging onto $5 million in money from a settlement in a ship-scrapping deal ...