All Cruise Lines

Costa Concordia’s Fate is Finally Known

Italian authorities have finally decided on the shipyard they will bring the soon-to-be-re-floated Costa Concordia. After having laid partially capsized since January 2012, the 114,137grt will be towed to the Tuscan port of Piombino. The choice could delay the refloating…

Hurtigruten Ship Runs Aground in Arctic Cricle

The Norwegian costal Liner, Kong Harald, had run aground in the Lofoten islands off the coast of Norway. The ship was freed after about six hours when high tide came in. There was some water intrusion reported in the ships…

Fire on Norwegian Getaway

It is being reported that a fire broke out onboard the Norwegian Getaway. The ship is still being constructed in  Papenburg, Germany. Papenburg, 5 March 2013 – Today a fire leading to significant smoke formation broke out on a ship…

Stupid Quote on Titanic II

via gCaptain: The contract to build Titanic II has not yet been signed, Palmer said. “Oh, probably next week, something like that,” Palmer said, when asked when that would happen. “Most things I say I’ll do I do.”

NCL Q4 and 2012 Earnings

2012 Full Year Highlights -Net income of $173.1 million and diluted EPS of $0.97, excluding share-based compensation charge detailed below -Adjusted EBITDA increase of 10% -Net Yield increase of 1.6% (2.4% on a Constant Currency basis) -Net Cruise Cost per…

More Titanic II Details Leak

The above render comes from a marketing campaign I came across. It shoes how the classic lines of the Titanic will meet modern standards. Note the Lifeboats. However, I don’t think that’s enough. The stern will need to be redesigned…

Seabourn Fleet Reshuffle

Seabourn has announced that they have sold their three older vessels. The Seabourn Pride, Seabourn Spirit and Seabourn Legend will all be headed to once-sister brand Windstar. The new ships will add motorized vessels to Winstar’s fleet of “sailing” vessels.…

Thomson Majesty Suffers Lifeboat Accident

5 crew members were killed when a routine lifeboat drill went horribly wrong. The ship was docked at the port of Santa Cruz on La Palma in the Canary Islands. It should be noted, the davit arm involved that faulted…

#FinanceFriday: Royal Caribbean 2012 Earnings

From Royal Caribbean: KEY HIGHLIGHTS Results For the Full Year 2012: Full year Net Yields increased 3.0% on a Constant-Currency basis; 1.5% As-Reported; Net Cruise Costs ("NCC") excluding fuel increased 4.2% on a Constant-Currency basis;  2.7% As-Reported; Net income before…

#FinanceFriday: Disney Earnings Q4 2012

I usually don’t write much about Walt Disney Co. Their financial structure is usually well insulated from the performance of the cruise line. There’s no better example of this than Q4 2012. For the last 3 months of 2012, the…

Queen Elizabeth 2 as Seen From the Burj Khalifa

Here’s the QE2 as seen from the worlds tallest building in a 360 panorama. See it from the source The yacht on the far left (facing us) is the Sheikh‘s private yacht Dubai. Second largest in the world.

Nova Scotia In Talks To Bring Back Maine Ferry Service

It is being reported that the Nova Scotian government are taking bids to relaunch the Portland, ME – Yarmouth, NS seasonal ferry service. So far only Quest Navigation of Maine and Maritime Applied Physics Corp of Baltimore, MD are known…

NCL Raises $446.5 million in IPO Offering

NCL has announced that they beat their goal of $16-18 /share and came in at $19 This yields them a net of  $446.5 million. Their target revenue was only $400 million. The owners on Norwegian Cruise Lines, Genting, Apollo,…

CONFIRMED: QE2 To Asia

    click for larger   The Queen Elizabeth 2 has in fact been sold to Asian interests, but its not the scrap yards. Oceanic Group has purchased the ship and intends to refurbish her into a floating hotel and entertainment…

Antarctic Cruise Ship Hit by Huge Wave. Damages Bridge

UPDATE Wednesday: The four that were injured were all crew members. They were treated in the ships medical facility so it looks like they weren’t severe. No passengers were injured at all. The same could not be said of the…

NCL Announces More Breakaway Details

NCL also announced some further details on the Norwegian Breakaway: Norwegian Cruise Line announced that the line’s newest ship will host a fireworks show on every cruise. After the ship departs Bermuda, the fireworks display will conclude the ships 1980s-themed…

NCL to Join NASDAQ

Within the next 30 days we can expect to see Norwegian Cruise Line on the NASDAQ floor under ticker NLCH. The plan for NCL is to sell 27.1 million shares. The target price will be in the $17 range. They…

Ship of the Future

The Finnish Ferry Line Viking Lines just took delivery of the first large LNG-powered ferry the Viking Grace. Cruise Business Online has some excellent photos of the interior. Check out that lounge!

A Slight Chance of a QE2 Return to the UK

    click for larger Ministers in London, including Mayor Boris Johnson, have assembled the £20 million that the Chinese have reported offered to the current owner Istithmar. Time will tell what Istithmar wants to do. There already is a reported…

Possible Names for Project Sunshine

First reported by royalcaribbeanblog.com, Royal Caribbean Cruises Ltd. have applied for trademarks for the following names: ANTHEM OF THE SEAS OVATION OF THE SEAS PASSION OF THE SEAS PULSE OF THE SEAS QUANTUM OF THE SEAS VANTAGE OF THE SEAS…

Royal Caribbean Announced Third Oasis Details

Royal Caribbean just announced that they will in fact build a third Oasis Class ship. Entry into service is planed for mid 2016. The contract also includes the option for a second (fourth overall) ship to be delivered 2018. In…