German reinsurer Hannover Re AG says it expects the fatal capsizing of the Costa Concordia cruise ship to cost it tens of millions of euros (dollars).Hannover Re said it expects losses of some (euro) 30 million ($39 million) from marine …
The cruise ship disaster off Italy’s coast is drawing fresh scrutiny to the gaps in international safety rules and standards – yet there may be little appetite among the world’s major shipping nations and companies for big changes anytime soon. …
Responding to the still-unfolding disaster of a capsized Italian cruise ship, a U.S. congressional committee launched an investigation on Wednesday of industry safety practices and planned a hearing next month. The House Transportation Committee’s Coast Guard subcommittee will review operating …
Four New Yorkers are safe following their evacuation from the cruise ship that ran aground in Italy. Joan, Brian and Alana Aho of Duanesburg, N.Y., made it off the ship during last Friday’s emergency. But they told a friend, Cheryl …
The cruise ship industry faces an uphill task to restore confidence among customers spooked by images of the stricken Costa Concordia flipped on its side in Italian waters on Monday and could suffer a hit to sales in a key …
