South Korea’s HMM has approved a significant investment of approximately KRW 4.03 trillion (around US$2.8 billion) for constructing new container vessels and very large crude carriers (VLCCs). This strategic move aims to enhance its fleet and operational efficiency, positioning HMM competitively in the evolving global shipping landscape.
The river cruise tourism sector in India is surging, with series rising from 371 in 2023-24 to 443 in 2024-25—a 19.4% increase. Viking Cruises is entering this market with the MV Brahmaputra, enhancing investment. The Inland Waterways Authority of India aims to develop 51 new circuits by 2027.
Oceania Cruises recently celebrated the delivery of its new ship, Allura, from Fincantieri in Genoa, Italy. This vessel, part of a $9 billion order for four larger ships, emphasizes enhanced culinary experiences. Allura accommodates 1,200 passengers and features diverse dining options, including the brand’s first Creperie.
