Carnival Corp. Provides Q3 Business Update

Carnival Corporation & plc Provides a Business UpdateCarnival Corporation & plc President and Chief Executive Officer Arnold Donald noted"We have come full circle from initiating a suspensi...
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Carnival Corp. Announces Q3 2020 Losses

THIRD QUARTER 2020 SUMMARY PRELIMINARY FINANCIAL INFORMATION•U.S. GAAP net loss of $(2.9) billion for the third quarter of 2020, which includes $0.9 billion of non-cash impairment charges.•Third quarte...

Blount Small Ship Adventures Folds

Warren, Rhode Island based Blount Small Ship Adventures just announced that they ceased all operations and put all three ships for sale. The line, formally known as American Canadian Caribbean Line, had been sailing small, Jones-act passenger vessels sinc...

[OCTOBER UPDATE] Genting Hong Kong Defaults on Payment

UPDATE OCTOBER: The German Government has announced that MV Werften will receive $200 million in emergency aid from 17 banks. The loan was facilitated by the regional Minister of Economic Affairs to allow for ...

NCL Reports Q2 2020 Financials

Norwegian Cruise Line Holdings Ltd. today reported financial results for the second quarter ended June 30, 2020.Norwegian Bliss“In recent weeks, we have taken further action to bolster our liquidity po...
Allure of the Seas Departing Port Everglades ©CruiseInd

Royal Caribbean Group Reports Q2 2020 Results

Royal Caribbean Group today reported financial results for the second quarter of 2020 and commented on the business in light of the global COVID-19 pandemic.Celebrity Cruises logo on Celebrity Silhouette in Miami on March 4, 2018. Captured by Greg Dragone...
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EXCLUSIVE: Carnival to Sell Off Brands?

There’s a rumor going around the industry that Carnival Corp are looking to sell the Cunard and Seabourn brands.Seabourn Odyssey (File PhotoThe two lines could leave in a package deal. Carnival alread...
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 transferred from Princess to P&O Australia....

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&nbs...