Search results for: Cruise Lines

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  • 18 February 2015
    Business & Finance

    Miami-based cruise operator Norwegian Cruise Line ended 2014 with USD 338.4 million net income, but reported USD 25.6 million net loss in the fourth quarter due to the USD 3.025 billion purchase of Prestige Cruise Holdings, parent company of Oceania Cruises and Regent Seven Seas Cruises. The annual revenue increased by 21.6% to USD 3.1 billion from USD 2.6 billion […]

  • 3 January 2019
    Business & Finance

    Norwegian Cruise Line Holdings has agreed a refinancing of its senior secured credit facility.

  • 20 September 2019

    Carnival Cruise Line said it has received approval from the Miami-Date County Commission for the renovation of Cruise Terminal F at PortMiami to accommodate its LNG-powered Excel-class newbuild. 

  • 15 November 2018
    Business & Finance

    Meyer Turku cut the first steel for Carnival Cruise Line’s newest ship.

  • 12 March 2018
    Vessels

    Disney Cruise Line, a unit of the US-based Walt Disney Company, revealed additional details about its three liquefied natural gas (LNG)-powered ships it had ordered at the Meyer Werft shipyard in Germany. The three new ships will “offer more innovation, new technologies, spectacular entertainment and more Disney stories and characters than ever before,” the company […]

  • 1 May 2018
    Business & Finance

    JAXPORT and Carnival Cruise Line extended cruise service deal through May 2021, and potentially through 2027.

  • 4 February 2011

    The race to source from the Chinese market may have a new player in Hainan Cruise Enterprises, according to sources familiar with the matter. After being laid up following legal proceedings as Delphin Kreuzfahrten went bankrupt, Hainan has reportedly taken delivery of the Delphin Voyager (ex- Orient Venus) from bankruptcy, renaming her the Hainan Empress.

  • 22 June 2015
    Business & Finance

    Australian small ship and expedition cruise line Coral Princess Cruises has changed its name to Coral Expeditions, with three of its ships set for rechristening and refurbishing over the next year. The Coral Princess will be rechristened as Coral Expeditions I, Coral Princess II as Coral Expeditions II and the company’s flagship the Oceanic Discoverer will be renamed […]

  • 28 October 2011
    Business & Finance

      In a huge affirmation of cruise industry excellence, Condé Nast Traveler magazine (U.S.) readers have named Crystal Cruises of the NYK Group, the “Best Cruise Line” (mid-sized) for 2011 and rated the line higher than any cruise line, large or small. The ultra-luxe line’s victorious score of 93, its highest in years, marks the […]

  • 10 August 2018
    Business & Finance

    NCL’s earnings surpassed estimates due to a strong demand for cruises and the delivery of Norwegian Bliss.

  • 15 March 2006

    The cruise industry’s rush to build ever-larger ships could be constrained by profits, not practicality, some executives at the annual Seatrade Cruise Shipping convention in Miami Beach said Tuesday.

  • 25 January 2006

    all commercial ships, except for a few exceptions, fly the flags of foreign nations. Therefore, the ships are registered in a foreign country, revenues are earned when sailing in international waters and the U.S. government has no claim to tax these entities.

  • 10 November 2017
    Business & Finance

    Miami-based cruise company Norwegian Cruise Line Holdings reported a rise in its third quarter earnings, despite disruptions caused by an active hurricane season during the period. NCL delivered a net income of USD 400.6 million in the three months ended September 30, against a net income of USD 342.3 million reported in the same quarter […]

  • 10 September 2018
    Business & Finance

    Cruise lines rerouted their ships due to hurricane Florence, which is gaining strength in the central Atlantic.

  • 5 January 2012
    Business & Finance

    The cruise ships planned to be launched in 2012 are all new vessels. Each one is almost identical to existing sister-ships. Brand-new classes won’t be making an appearance until 2013 when Princess Cruises and Norwegian Cruise Line will launch Royal Princess and Norwegian Breakaway. Here are some highlights of all upcoming launches: Disney Fantasy, Disney […]

  • 8 November 2018
    Business & Finance

    Norwegian Cruise Line reported record quarterly revenue and earnings, and raised expectations for full year 2018.

  • 28 April 2020
    Business & Finance

    On the heels of a significant economic blow from the suspension of global cruises due to the COVID-19 pandemic, Norwegian Cruise Line Holdings has had to launch a serious cost-cutting mission to stay afloat. In its latest business update, the cruise line company said that it was targeting a $515 million worth reduction in capital […]

  • 26 March 2020
    Vessels

    Florida attorney general Ashley Moody’s office has launched an investigation into alleged misleading sales pitches from Norwegian Cruise Line about the impact of the coronavirus. The attorney general’s office said it was looking into media reports of NCL providing inaccurate one-liners to customer concerns downplaying the severity and highly contagious nature of the coronavirus in […]

  • 13 January 2015
    Business & Finance

    The Florida-Caribbean Cruise Association (FCCA) has added four cruise lines as its members bringing the total to 19 member lines. Namely, Oceania Cruises and Regent Seven Seas Cruises, brands of Norwegian Cruise Line Holdings Ltd., and Croiseres de France and Pullmantur, brands of Royal Caribbean Cruises Ltd., joined the FCCA. “The increase in Member Lines is […]

  • 6 December 2018
    Business & Finance

    NCL signed a partnership deal to develop a second cruise pier in Icy Strait Point in Hoonah, Alaska.

  • 12 October 2015
    Business & Finance

    Norwegian Cruise Line will introduce what the company calls ”the first purpose-built ship customized for the China market” in 2017, Norwegian Cruise Line Holdings’ CEO Frank Del Rio revealed Monday during the CruiseWorld China summit in Shanghai. Currently under construction, Norwegian Cruise Line says that the new ship is designed “specifically for the China market with […]

  • 9 May 2019
    Business & Finance

    Norwegian Cruise Line delivered a net income of USD 118.2 million, up from USD 103.2 million a year earlier.