Royal Caribbean Cruises Ltd. (NYSE: RCL) estimates it is burning through cash in the range of approximately $250 million to $275 million per month during the present suspension of cruise operations, it
Easing many of the concerns raised in an SEC filing that we reported on earlier, Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) today reports that it has successfully secured over $2 billion
A 14-page form 8-K filed with the SEC today by Norwegian Cruise Line’s parent Norwegian Cruise Line Holdings (NYSE: NCLH) paints a grim picture of the impact of the coronavirus on the
Carnival Cruise Line says it has advised guests and travel agents that it plans to phase in a resumption in its North American service this summer, beginning on August 1 with a
Federal Maritime Commissioner Louis E. Sola will lead a fact finding investigation and work with key industry stakeholders to identify commercial measures passenger cruise lines can adopt to mitigate COVID-19 related impacts
Guilford, Conn., headquartered American Cruise Lines reports that it is seeing a strong increase in demand across its domestic portfolio of river and coastal cruises. The company cites increased awareness of U.S.
Finland’s Meyer Turku shipyard today disclosed financial results for 2019 that included a loss of EUR 107.9 million (about $117 million), compared with a profit of EUR 29 million in the prior
Wärtsilä has booked an order to develop a customized design for up to six new luxury expedition cruise vessels capable of carrying 200 passengers. The ships will be owned and operated by
Nippon Paint Marine reports that its parent, Nippon Paint, and Corning Inc. have developed a special coating to protect workers from picking up viruses from painted surfaces. Though developed specifically for frontline
The German Federal Ministry for Economic Affairs said today that Germany, along with four other European countries, is allowing cruise lines to temporarily suspend the repayment of export credits. the move is
