Norwegian Cruise Line Holdings (NCLH) reported a GAAP net loss of $1 bill or EPS loss of $2.35 for the first quarter of this year. This was down on the net loss of $1.4 bill or EPS loss of $4.16 in 1Q21. NCLH also reported [Read more...]
Royal Caribbean Group (RCL) has reported a first quarter 2022 net loss of $1.2 bill and loss per share of $4.58, compared with a loss of $1.1 bill and a loss per share of $4.66 in 1Q21. Adjusted net loss was $1.2 bill or $4.57 per share for 1Q22, compared to [Read more...]
Ras Al Khaimah Tourism Development Authority (RAKTDA) and RAK Ports have appointed Zaiton Consultancy to develop and market the port’s cruise initiative. Cruising is one of the fastest growing sectors for the Emirate, with a 5.4% annual passenger growth rate from 2009 to 2019. One [Read more...]
Over 25 cruise lines, designers, outfitters and sustainable accreditation experts will be sharing their expertise at this year’s Cruise Conversations Live, taking place at Cruise Ship Interiors Expo America on 7th and 8th June. The conference will include the keynote ‘Addressing Project Delivery Challenges’, which [Read more...]
Survival technology solutions provider, Survitec has won a contract to supply firefighting systems to two 48,000 grt LNG dual-fuelled ropaxes They are currently under construction at Finland’s Rauma Marine Constructions (RMC) for Australian shipowner, Spirit of Tasmania (TT-Line Co Pty Ltd). “This is a major [Read more...]
AD Ports Group (ADP) and the Red Sea Ports Authority have signed a Term Sheet and a Head of Terms agreement for major port projects in Egypt. The first agreement will see ADP develop, operate, and manage a multi-purpose terminal in Safaga Port in a consortium [Read more...]
Lindblad Expeditions Holdings’ first quarter 2022 tour revenues were $67.8 mill, an increase of $66 mill, compared to the same period in 2021. This increase was driven by a $49.8 mill rise at the Lindblad segment and a $16.3 mill increase at the Land [Read more...]
Ferry operator Stena Line´s operational result increased to SEK12,354 mill last year, compared to SEK10,362 mill in 2020, mainly due to strong freight volumes and cost reductions. In addition, passenger and car volumes improved, as countries eased COVID-19 travel restrictions. Operational EBITDA increased [Read more...]
Newcastle, UK-based occupational health and wellbeing company, NPH Group, has won a contract to supply onsite and offsite COVID-19 testing services to Virgin Voyages. This contract comes ahead of the launch of two new vessels, ‘Valiant Lady’ and ‘Resilient Lady, in the UK and [Read more...]
This week, the UK Government outlined plans to bring in legislation to address seafarer wages in response to P&O Ferries’ firing of 800 seafarers and replacing them with a lower paid agency workforce. Nearly two months after the company suddenly sacked its seafarers, the main [Read more...]