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My next short getaway takes me aboard Quantum of the Seas, sailing round-trip from Los Angeles. Departing from LA is always a favorite of mine. It’s one of the country’s busiest commercial ports, and watching container ships, tankers, and working…
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:…
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…
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,…
oyal Caribbean Cruises Ltd. (NYSE: RCL) today reported 2017 US GAAP and adjusted earnings of $7.53 per share — beating the Double-Double EPS target and the mid-point of previous guidance by $0.75 and $0.16, respectively. In addition, the company announced that 2018 adjusted earnings are expected to…
Royal Caribbean Cruises Ltd. (NYSE: RCL) today reported record third quarter results of $3.49 per share, which includes a $0.20 negative impact from the recent hurricanes; updated full year guidance to a range of $7.35 to $7.40, which includes a $0.26 negative impact from the recent hurricanes;…