In a business update released today, the world’s largest cruise ship operator, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) reported that its monthly average cash burn rate for the third quarter
Carnival Corporation’s Costa Cruises brand is to put a third ship back into service: its flagship LNG-fueled Costa Smeralda. Delivered at the end of last year by Finland’s Meyer Turku shipyard, the
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
Hapag-Lloyd Cruises, TUI Cruises and AIDA Cruises have all announced plans to resume sailings from German ports within weeks, starting at the end of this month. In a parallel development, TUI Group
Reporting a staggering second quarter loss and faced with a continuing pause in operations as a result of COVID-19 restrictions worldwide, Carnival Corporation & plc, the world’s largest cruise company, is planning
COVID-19 restrictions may have temporarily halted production at Genting Group’s MV Werften shipbuilding operation in Germany, but work is continuing on a key feature of its first Global Class vessel: the world’s
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today reported a number of additional actions it is taking to strengthen its liquidity position in the event of an extended pause in cruise
Helsinki, Finland, headquartered naval architecture and marine engineering firm Foreship has launched an initiative to limit the presence and spread of coronavirus and other pathogens on passenger ships and get the cruise
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
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
