When cruise lines like Royal Caribbean build a new cruise ship, they don’t expect it to sail in their fleet forever. Most ...

2020 has seen record-breaking numbers of cruise ships sent to scrapyards. Almost all major cruise lines have sold at least 1 ship in order to cut costs and as a result, the cruise news has been FULL ...

Decommissioned cruise ships are being dismantled at Aliaga ship-breaking yard in the Aegean port city of Izmir, western Turkey, October 2, 2020.REUTERS/Umit Bektas This shipyard in western Turkey has ...

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 ...

Cruise lines offloaded a record number of ships during the pandemic, but that trend seems to be over. After a record 18 vessels were sold to shipbreakers last year, not one has been sold for scrap ...