All Cruise Lines

First Look: Seven Seas Splendor

Ultra-luxary operator Regent Seven Seas Cruises just took delivery of it’s latest newbuild. VIEW SEVEN SEAS SPLENDOR DECK PLANS The Seven Seas Splendor started sailing earlier this year carrying 750 passengers around Europe. The Italian built ship measures 734ft loa…

Royal Caribbean’s Pullmantur Files With Insolvency Court

UPDATE 7/1/20: The Sovereign and Monarch have had all valuable equipment removed in Naples and will head to Aliaga, Turkey for scrapping. The Horizon will head to Athens to have equipment stripped, then she will head to Turkey. UPDATE 6/30/20:…

First Look: Silver Origin

Ultra-luxary operator Silversea Cruises just took delivery of it’s very first destination-specific newbuild. VIEW SILVER ORIGIN DECK PLANS The Silver Origin was designed exclusively to sail year-round in the Galapagos islands. The all-suite, 100pax ship has just five passenger decks…

NCL Reports Q1 2020 Financials

Norwegian Cruise Line Holdings Ltd. today reported financial results for the first quarter ended March 31, 2020, and provided a business update in response to the novel coronavirus (“COVID-19”) global pandemic. “In recent weeks, we have taken decisive action to significantly strengthen…

Royal Caribbean Launches New Bond Offering to Investors

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Royal Caribbean Cruises Ltd. today launched a $3.3 billion bond offering. They will use 28 ships as collateral. It’s not currently known if its 28 of the current and partially completed ships in the Royal Caribbean International fleet or 28…

Lindblad Reports Q1 2020 Financial Results

First Quarter 2020 Highlights: Tour Revenues decreased 9% to $81.2 million Net loss available to common stockholders of $1.9 million Adjusted EBITDA decreased $11.5 million to $10.6 million Significantly expanded capacity with the delivery of the National Geographic Endurance in March 2020…

Royal Caribbean Receives Dept-Holiday from Newbuild Payments

Royal Caribbean has recently been able to better it’s liquidity by arranging for a debt holiday from payments for its newbuilds in Germany and France. The French credit agency is applying this to the Symphony of the Seas, Celebrity Edge,…

Royal Caribbean rescinds 2020 guidance; increases revolving credit

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…

Lindblad Reports Q4 2019 Financial Results

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…

NCL Reports Q4 2019 Earnings

Norwegian Pearl departing Miami ©CruiseInd

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 Reports Q4 2019 Earnings

Allure of the Seas Departing Port Everglades ©CruiseInd

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…

NCL Reports Q3 2019 Earnings

Norwegian Pearl departing Miami ©CruiseInd

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…

Lindblad Reports Q3 2019 Financial Results

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 Reports Q3 2019 Earnings

Allure of the Seas Departing Port Everglades ©CruiseInd

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…

First Look: HANSEATIC inspiration

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…

Introducing Viking Expeditions

via Viking Ocean Cruises

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…

Grandeur of the Seas to Sail for Pullmantur in 2021

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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…

Royal Caribbean’s Newest Private Destination is in…

…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…

A New Twist on the Flying Clipper Saga

Star Clippers

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…

Andy Stuart Out at NCL

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…

The (soon to be) World’s Largest Yacht

Project America leaving Ingalls

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…

Voyages to Antiquity To Cease Operations

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…