Cruise & Maritime Voyages

Cruise & Maritime Voyages Goes Bankrupt

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, Bri...

Carnival Corp. Provides Business Update [July 2020]

UPDATE 7/13: The total for those ships leaving the fleet are roughly $1 billion. The way it will break down is they will sell 13 ships but will only lose 11 from the global fleet. The two other ships will be t...

Carnival Corp. Announces Q2 2020 Losses

SECOND QUARTER 2020 SUMMARY PRELIMINARY INFORMATIONU.S. GAAP net loss of $(4.4) billion, or $(6.07) diluted EPS, for the second quarter of 2020, which includes $2.0 billion of non-cash impairment charges.Second quarter 20...

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...
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Royal Caribbean Launches New Bond Offering to Investors

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 of the 52 ships cu...

Lindblad Reports Q1 2020 Financial Results

First Quarter 2020 Highlights:National Geographic Quest July 2017Tour Revenues decreased 9% to $81.2 millionNet loss available to common stockholders of $1.9 millionAdjusted EBITDA decreased $11.5 mill...

Carnival Corp. Announces Q1 2020 Earnings

Carnival Corporation & plc disclosed summary financial information for the quarter ended February 29, 2020, in connection with previously disclosed financing activities to improve its liquidity position....