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UPDATE 5/1: NCLH announced that they have amended the below agreement to include the Pride of America and the Norwegian Jewel and increases the credit facility to as high as $905 million. Due to the uncertainty caused by the coronavirus,…
Royal Caribbean Cruises Ltd today announced that due to the spread and recent developments related to the COVID-19 outbreak, the company has increased its revolving credit capacity by $550 million bolstering the company’s liquidity. The company is pursuing additional actions to improve…
Full year 2019 Highlights: Lindblad Expeditions Holdings, Inc. a global provider of expedition cruises and adventure travel experiences, today reported financial results for the fourth quarter and year ended December 31, 2019. Tour revenues increased 11% to $343.1 million Net…
Norwegian Cruise Line Holdings Ltd. today reported financial results for the fourth quarter and full year ended December 31, 2019, as well as provided guidance for the first quarter and full year 2020. Full Year 2019 Highlights Company generated GAAP net income…
Royal Caribbean Cruises Ltd. today reported 2019 US GAAP earnings of $8.95 per share and adjusted earnings of $9.54 per share and announced that 2020 adjusted earnings are expected to be in the range of $10.40 to $10.70 per share. Given the fluidity of the circumstances related to…
Norwegian Cruise Line Holdings Ltd. reported financial results for the third quarter ended September 30, 2019, as well as provided guidance for the fourth quarter and full year 2019. Highlights The Company generated GAAP net income of $450.6 million or EPS of $2.09 compared to $470.4 million or $2.11 in…
Third Quarter 2019 Highlights: Lindblad Expeditions Holdings, Inc., a global provider of expedition cruises and adventure travel experiences, today reported financial results for the quarter ended September 30, 2019. Tour revenues increased 16% to $101.0 million Net loss available to…
Royal Caribbean Cruises Ltd. today reported record third quarter US GAAP earnings of $4.20 per share and adjusted earnings of $4.27 per share which include a $0.13 negative impact from Hurricane Dorian. The company also updated its full year Adjusted EPS guidance to a range of $9.50 to $9.55 per…
German Hapag-Lloyd Cruises newest ship has just entered service. The HANSEATIC inspiration is the second ship in their luxury expedition class. VIEW HANSEATIC INSPIRATION DECK PLANS Hapag-Lloyd is mainly known for their 222 ‘box ships’. This is their huge fleet…
More details have emerged from Viking Cruises new sub brand. Not to be left out of the burgeoning expedition market, Viking ordered two expedition vessels to be built at VARD last April. The two sisterships will be named Viking Octantis…
And so it begins… Well technically they started shuffling around the vision-class when they sent the Legend and Splendour of the Seas off to TUI cruises. The next in the vision-class to leave the Royal Caribbean International fleet is the…
…Vanuatu. Lelepa is off the coast of Vanuatu which is a chain of islands, 1076 miles ENE of Australia. Royal Caribbean, along with the Vanuatu government, will develop the island into a private cruise destination. The project is still in…
She’ll be named Wonder of the Seas and be based in China. The Wonder of the Seas was all but confirmed to be originally named Melody of the Seas. However today they just announced that she will in fact be…
It appears the ship has changed names. According to her AIS (as well as speculative reports in local news), the ship, formerly known as as the s/v Flying Clipper, as been sailing around the Adriatic as the Brodosplit 483. (Brodosplit…
Norwegian Cruise Lines shook things up at the executive level. Andy Stuart had been with the line since 1988 and survived the line going through three different ownership groups, all of which cleaned house when they took over. Stuart was…
File this one under the post-that-became-a-rant… There’s a ‘yacht’ currently under construction at Vard Holdings yard in Tulcea, Romania (same builders as Hapag-Lloyds and Ponant’s luxury exploration vessels are constructed). It’s being referred to as REV Ocean. The background on this…
A sad end to one of the few remain companies that sail classic ships. England-based Voyages to Antiquity operate only one vessel, the Aegean Odyssey (ex-Narcis, Aegean Dolphin, Aegean I). She’s been plagued with serious mechanical issues all this year…
Australian tour operator Scenic tours have always specialized in land based tours since their inception. They then started getting into the maritime market with the 2014 launch of Emerald Waterways, a four-star luxury river line based in Europe. Around the…
Genting Hong Kong Announced some more intriguing details on their upcoming mega-ship class, the Deam-class. While at a travel trade show in China, Genting announced that the first of the 208,000gt Global-class will be called Global Dream. Some additional details:…
The Norwegian cruise line will redeploy three vessels. No doubt a consequence of losing out on a government tender to offer coastal voyages along the Norwegian coast, Hurtigruten will convert three coastwise ships to expedition. A source of income for…
A fan favorite of Britain’s P&O Cruises has a new home. Last voyage from Southampton for the ship formerly known as Oriana. MV Piano Land off for a refit I guess. @ABPSouthampton pic.twitter.com/fc6pghsxxX — Iain Gudgeon (@FatFishEvents) August 16, 2019…
NCL’s latest flagship has emerged from the building hall sporting her hull art. Still on track for an October handover, Germany’s Meyer Werft shipyard celebrated one of the last remaining milestones in the construction of any cruise vessel. The ships…
Norwegian Cruise Line Holdings Ltd. today reported financial results for the second quarter ended June 30, 2019, as well as provided guidance for the third quarter and full year 2019. Highlights The Company generated GAAP net income of $240.2 million or EPS of $1.11 compared to $226.7…
French luxury expedition line Ponant have agreed to acquire Paul Gauguin Cruises. Paul Gauguin Cruises, based in Washington state, operate just the 19,200gt m/s Paul Gauguin and sail her year-round in the Society Islands of French Polynesia. The line is…
UK-based Saga Cruises have sold their oldest vessel, Saga Sapphire. The 1981-built, 37,049gt Saga Sapphire (ex-Europa, SuperStar Aries, Bleu de France), has been sold to a Eastern European group. ANEX Tour, which look to be based in Russia with offices…