RCL posts $1.6 billion second quarter loss
The no sail orders imposed in response to the coronavirus pandemic continue to put the cruise industry under huge financial pressure. Royal Caribbean Group (NYSE: RCL) today reported a U.S. GAAP net
Cruise Ships
Norwegian Cruise Line has no plans to shed any ships
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) today reported financial results for the second quarter ended June 30, 2020. The company’s second-quarter GAAP net loss was $715.2 million or $2.99 per share
CLIA members extend voluntary pause on U.S. cruise operations
The Cruise Lines International Association (CLIA) said today that its ocean-going cruise line members have agreed to voluntarily suspend U.S. cruise operations until at least October 2020. This pushes any resumption of
Carnival Corporation commits to responsible ship recycling
Days after video surfaced showing the Carnival Fantasy being beached at a scrapping facility in Turkey, Carnival Corporation & plc (NYSE/LSE: CCL;NYSE: CUK) released details of its ship recycling plans. It said
Norway reacts to Hurtigruten COVID-19 outbreak with cruise ship ban
As investigations into the COVID-19 outbreak aboard its cruise ship Roald Amundsen continued, Hurtigruten today announced that it has temporarily suspended all sailings on MS Roald Amundsen, MS Fridtjof Nansen and MS
Police to probe Hurtigruten coronavirus outbreak
The police in Norway’s Troms District are expected to begin an investigation Monday into a coronavirus outbreak on board the Hurtigruten cruise ship Roald Amundsen, according to broadcaster NRK. The ship is
Fincantieri brings in a banker as GM
Reporting a loss of EUR 137 million (about $162 million) for the first half year, Italian shipbuilding giant Fincantieri has appointed a banker, Fabio Gallia, as its new General Manager. Until 2018,
VIDEO: Carnival Fantasy beached at Turkish scrapping yard
Postings on social media yesterday showed Carnival Fantasy being beached at a Turkish scrapping yard — a sad ending for a ship that had in many ways been an icon of the
Ten newly arrived AIDA crew test positive for COVID-19
Broadcaster NDR reports that ten AIDA Cruises crew members have tested positive for the coronavirus since arrival in Germany from Asia in preparations for next month’s planned resumption of cruises by Carnival
Carnival Cruise Line sells two, lays up two
As its cruise operations remained on hold because of COVID-19, Carnival Cruise Line today announced new plans for its fleet that it says “will generate tremendous guest excitement once it resumes sailing.”