Norwegian Cruise Line Holdings (NCLH) reported GAAP net income of $86.1 mill or EPS of $0.20, compared to net loss of $509.3 mill or EPS of $(1.22) in the previous year’s 2Q results. Adjusted net income was $137 mill or adjusted EPS of $0.30 in [Read more...]
Norwegian ropax operator Fjord Line enjoyed a record high season turnover last year. Following two years of travel restrictions, Fjord Line resumed its scheduled operations between Norway, Denmark and Sweden in March, 2022, having operated a freight only service in 1Q22. For 2022, [Read more...]
In the second quarter of this year, the Tallink Group swung back into profit after showing a minor loss in the previous quarter. Passenger numbers fell by 0.7% to 1,541,081 in 2Q23, compared to the previous quarter, while cargo units carried dropped by 22% to [Read more...]
Lindblad Expeditions Holdings has reported second quarter 2023 tour revenues of $124.8 mill an increase of $33.9 mill, or 37%, compared to the same period in 2022. The increase was driven by a $23.4 mill increase at the Lindblad segment and a $10.5 mill increase at the Land Experiences sector. Lindblad segment [Read more...]
Royal Caribbean Group (RCL) has reported second quarter earnings per share (EPS) of $1.70 and adjusted EPS of $1.82. These results were significantly better than the company's guidance, due to stronger pricing on closer-in demand and further strength in on board revenue, RCL said. As a result of [Read more...]
Tallink Grupp’s Q2 (April- June) financial results are revealing a swing back into profit following the minor loss in Q1. Q2 -0.7% passengers 1,541,081 (1,552,174 in Q2 2022) -22% cargo units 85,359 (109,380 in Q2 2022). The reason for the decline: less vessels, operating 18% [Read more...]
Watson Farley & Williams (WFW) has advised CSSC (Hong Kong) Shipping Co regarding two luxury ropaxes, ‘Moby Fantasy’ and ‘Moby Legacy’, operated by Italian ferry company, Moby. Both vessels were built by China’s Guangzhou Shipyard International and are currently the world's largest luxury ropaxes. ‘Moby [Read more...]
Carnival Corp has reported a US GAAP net loss of $407 mill, or $(0.32) diluted EPS, and adjusted net loss of $395 mill, or $(0.31) adjusted EPS, for the second quarter of this year. This was above the better end of the March guidance range of $425 to $525 mill net loss, the Group said. Adjusted [Read more...]
Baltic ferry operator, Scandlines generated higher annual revenue and results after car and shopping traffic rebounded in 2022. Scandlines said that it continued to make headway in 2022, as the impact of COVID-19 eased and travel restrictions were lifted earlier in the year. Volumes grew [Read more...]
NT breaks booking record In the first three months of 2023, PONANT posted its best quarterly bookings results since the company was launched 35 years ago. The previous record was surpassed by 30%. The number of bookings in 1Q23 was 80% higher than in 1Q19, [Read more...]