The newly renamed Royal Caribbean Group reported financial results for the third quarter of 2020 and commented on the business considering the global COVID-19 pandemic. Third Quarter 2020 On March 13, 2020 and due to the COVID-19 pandemic, the Company voluntarily suspended…
click for larger Click here to Download the Deck Plans High Res Of Each Deck Deck 4 Deck 5 Deck 6 Deck 7 Deck 8 Deck 9 Deck 10 Deck 11 Deck 12 Deck 13 Deck 14 Deck 15 Deck…
Carnival Corporation & plc Provides a Business Update Carnival Corporation & plc President and Chief Executive Officer Arnold Donald noted “We have come full circle from initiating a suspension in the early days of the pandemic, to transitioning the fleet into a pause…
THIRD QUARTER 2020 SUMMARY PRELIMINARY FINANCIAL INFORMATION •U.S. GAAP net loss of $(2.9) billion for the third quarter of 2020, which includes $0.9 billion of non-cash impairment charges. •Third quarter 2020 adjusted net loss of $(1.7) billion. •Cash burn rate…
Warren, Rhode Island based Blount Small Ship Adventures just announced that they ceased all operations and put all three ships for sale. The line, formally known as American Canadian Caribbean Line, had been sailing small, Jones-act passenger vessels since 1966.…
UPDATE OCTOBER: The German Government has announced that MV Werften will receive $200 million in emergency aid from 17 banks. The loan was facilitated by the regional Minister of Economic Affairs to allow for the highly skilled workers of the…
Norwegian Cruise Line Holdings Ltd. today reported financial results for the second quarter ended June 30, 2020. “In recent weeks, we have taken further action to bolster our liquidity position in response to the COVID-19 global pandemic, including our highly successful $1.5…
Royal Caribbean Group today reported financial results for the second quarter of 2020 and commented on the business in light of the global COVID-19 pandemic. Second Quarter 2020 Starting on March 13, 2020 and due to the COVID-19 pandemic, the Company suspended…
There’s a rumor going around the industry that Carnival Corp are looking to sell the Cunard and Seabourn brands. The two lines could leave in a package deal. Carnival already announced that 9 ships would leave the fleet, then the…
With their ships laid up around Britain, this was just posted on their website. The entire fleet is currently laid up in Tillbury except for the Marco Polo which is in her homeport of Avonmouth, Bristol, UK. Current Fleet Marco…