NCLH unveils ‘Charting the Course’ strategy and updated 2026 financial targets

Norwegian Cruise Line Holdings (NCLH) recent Investor Day held at the New York Stock Exchange discussed the new comprehensive ’Charting the Course’ strategy. This included a refreshed vision; strategic initiatives centred around four pillars encompassing people, product, growth platform and performance; and three-year financial and sustainability targets [Read more...]

2024-05-28T20:39:42+00:00 May 28th, 2024|Finance|

BC Ferries receives loan for newbuildings

The Canada Infrastructure Bank (CIB) is to loan Can$75 mill to BC Ferries Services. This will help finance the purchase of four zero emission ferries and the installation of the required charging infrastructure. The ‘Island’ class vessels, which will be utilised on small volume and [Read more...]

2024-05-28T19:42:29+00:00 May 28th, 2024|Finance|

RCL reports robust first quarter results

Royal Caribbean Group (RCL) has reported first quarter 2024 earnings per share (EPS) of $1.35 and adjusted EPS of $1.77. These results were better than RCL's guidance, due to stronger pricing on close-in demand, strength in on board revenue and favourable timing of expenses, the cruise giant said. [Read more...]

2024-04-29T17:35:20+00:00 April 29th, 2024|Finance|

Havila refinances loan

Norwegian coastal ferry operator Havila Voyages (Havila Kystruten) recently completed a refinancing project that secures stronger liquidity and balance sheet. In Havila Voyages’ fourth quarter 2023 report, a planned refinancing of Series B of the secured bond loan, originally with a par value of €50 [Read more...]

2024-04-29T16:58:51+00:00 April 29th, 2024|Finance|

Viking explores IPO

Viking Holdings has publicly filed a registration statement with the US Securities and Exchange Commission (SEC) regarding a proposed initial public offering (IPO) of its ordinary shares. The number of ordinary shares to be offered and the price range have not yet been determined. The [Read more...]

2024-04-14T14:38:05+00:00 April 14th, 2024|Finance|

Attica reveals improved results

Large Greek ferry conglomerate, Attica Holdings has posted an improvement of its finances. Revenue reached €588.3 mill, EBITDA stood at €126.4 mill, while net income after taxes amounted to €61.2 mill. This marks the first announcement of financial results following the merger of ANEK, wherein [Read more...]

2024-04-14T14:35:43+00:00 April 14th, 2024|Finance|

Carnival Corp on a roll

Carnival Corp has reported record first quarter revenues of $5.4 bill with record net yields (in constant currency) and record net per diems (in constant currency). The Group improved its first quarter bottom line by nearly $500 mill, compared to 2023 and the adjusted net loss was [Read more...]

2024-03-27T19:58:36+00:00 March 27th, 2024|Finance|