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Germany’s Meyer Werft shipyard has just handed over Dream Cruises first vessel. The 151,300gt Genting Dream is based on the Norwegian Breakaway-plus class of vessel but features several changes such as the casino and night club essentially replacing the atrium…
Royal Caribbean has announced they have entered into an agreement with Meyer Group to build two ships that will be part of a new class of ships called Icon class. Details are still scarce but what is know is they will…
Carnival Corp. surprised the industry last year when they not only ordered 9 ships, but ordered most of them with LNG fueled power plants. LNG is still new to the maritime industry with only a handful of commercial vessels using…
Carnival Corporation & plc announced U.S. GAAP net income of $1.4 billion, or $1.93 diluted EPS, for the third quarter of 2016 compared to U.S. GAAP net income for the third quarter of 2015 of $1.2 billion, or $1.56 diluted EPS. Third quarter 2016 adjusted net income…
UPDATE:Carnival Corp has since announced that the deal is actually 3 ships total. Two for Carnival Cruise Lines and one for Britain’s P&O Cruises. The P&O ship will also be delivered in 2020 but will be built at Meyer’s Papenburg…
Royal Caribbean’s Anthem of the Seas had another rough encounter with a storm in the atlantic. If this sounds familiar, the same ship was caught off guard by a freak squall in February. The 168,666gt ship sailed into Bermuda this…
MSC Cruises and STX France celebrated the floating out of their newest vessel the MSC Meraviglia. The 167,600gt vessel is scheduled to come into service in June 2017. STX France will also be delivering two enlarged Meraviglia ships referred to as…
Germany’s Hapag Lloyd Cruises announced they will build two expedition type ships with Norway’s VARD. A deal had been rumored eariler in the year that VARD agreed to a two ship deal with an anonymous line, but that was…
TUI Cruises have announced that their subsidiary, Mein Schiff’s, newbuilds will be enlarged versions of the existing ships and carry a different name. The 2018 and 2019 newbuilds were going to be called Mein Schiff 7 & Mein…
Norwegian Cruise Line Holdings Ltd. reported financial results for the second quarter ended June 30, 2016, provided guidance for the third quarter and full year 2016 and updated expectations for previously stated financial targets. Highlights The Company generated GAAP net…