Carnival Corp (CCL) has arranged a new forward starting $2.1 bill multi-currency revolving credit facility. This new revolver will replace CCL’s existing multi-currency revolving credit facility upon its maturity in August, 2024. It was issued by CCL’s subsidiary Carnival Holdings (Bermuda) II Limited and has [Read more...]
At the end of last month, Norwegian Cruise Line Holdings (NCLH) (together with NCL Corp) reported financial results for the fourth quarter and full year 2022 and provided guidance for the first quarter and full year 2023. GAAP net loss for the fourth quarter of [Read more...]
Lindblad Expedition Holdings reported 2022 tour revenues of $421.5 mill, an increase of $274.4 mill, compared to the same period in 2021. The rise was driven by a $195.6 mill increase at the Lindblad segment and a $78.8 mill increase at the Land Experiences segment, primarily due to the ramp up in [Read more...]
Ro-ro and ropax operator Finnlines recorded revenue of €736.1 mill for the full year 2022, an increase of 27% compared to the same period in the previous year. Shipping and Sea Transport Services generated revenue of €712.1 mill, of which passenger related revenue was €68.7 [Read more...]
Finnish ropax operator Wasaline’s revenue grew by 78.6% in 2022, despite travel restrictions being in place for the first quarter. Passenger services revenue grew by 150.7% and volumes were up 149%. For cargo services, revenue grew by 7.7% and the number of cargo units transported [Read more...]
French ferry operator Brittany Ferries reported a profit of €22.6 mill, on a total turnover of €444.7 mill last year. This was more than double the preceding year’s turnover of €202.4 mill and just €22 mill less turnover recorded in the 2018/2019 financial year (the [Read more...]
Ferry and logistics concern, Irish Continental Group (ICG) has reported a 74.9% revenue increase last year. Revenue increased by €250.4 mill to €584.9 mill, compared to the previous year. EBITDA also increased by €74.9 mill to €127.2 mill primarily due to increased revenues and a [Read more...]
Nidec ASI is the parent company of the two consortia that won the contract for electrification of the quays of the passenger ports of Genoa and Savona: two projects with a total value of around €26 million, for emission-free logistics Thanks to Nidec ASI's Made [Read more...]
In the third quarter of this year, Tallink Grupp and its subsidiaries carried 1, 893, 603 pax, a rise of 65.5% on the third quarter of last year’s figures. The number of cargo units transported increased by 13.1%. Tallink’s unaudited consolidated revenue increased by 49.9% or [Read more...]
Carnival Corp’s subsidiary, Carnival Holdings (Bermuda) Limited has priced the private offering of $2.03 bill aggregate principal amount of 10.375% Senior Priority Notes, due 2028. The total amount of senior priority notes to be issued was increased to $2.03 bill from $1.25 bill recently, due to strong investor demand. Carnival said that it [Read more...]