Finance

Royal Caribbean Group (RCL) has reported better third quarter 2023 results than the earlier guidance, due to stronger close-in demand and further strength in on board revenue. Earnings per share (EPS) in 3Q23 were $3.65 and adjusted EPS were $3.85. RCL [Read more...]

NCL Corp, a subsidiary of Norwegian Cruise Line Holdings (NCLH), has priced $790 mill aggregate principal amount of its 8.125% senior secured notes, due 2029. They were designated a private offering that was exempt from the registration requirements [Read more...]

Global Ports Holding (GPH), the world's largest independent cruise port operator, has issued $330 mill of secured private placement notes to insurance companies and long-term asset managers at a fixed coupon of 7.87%. The notes have received an investment grade [Read more...]

Carnival Corp has reported record third quarter 2024 revenue with a strong earnings momentum. In its results’ presentation, the highlights included - *US GAAP net income of $1.07 bill, or $0.79 diluted EPS, and adjusted net income of $1.18 bill, or $0.86 adjusted EPS, [Read more...]

Galveston Wharves in Texas has been awarded $42.3 mill in state funding for a major cargo infrastructure project, restoration of a section the port’s interior roadway and an enclosed pedestrian walkway over Harborside Drive (State Highway 275). The [Read more...]

Attica Group has reported an increase in revenue in both its domestic and international routes for the first half of this year, compared to 1H22. Overall, the consolidated revenue increased by 21% reaching €244.26 mill from €201.45 mill [Read more...]

New regulations are calling on cruise ship operators to reduce fuel consumption and lower their environmental impact.   According to health expert VIKAND, air purification systems can help meet both objectives, promising high return on investment, reduced fuel [Read more...]

Greek ferry operator, ANEK Lines has announced an increase in turnover during the first half of this year to €81.9 mill, compared to €74.2 mill in 1H22.   In 1H23, ANEK Group strengthened its transport services and turnover, [Read more...]

Ferry, terminal and container operator, Irish Continental Group (ICG) generated €264 mill in revenue for the first half of this year, up by €0.9 mill on the first half of the previous year. Operating profit was €16.2 mill, [Read more...]

Norwegian ferry operator Color Line has reported income of NOK2.7 bill (NOK2.2 bill in 1H22) and an operating result of NOK467 mill (NOK238 mill) for the first half of this year. The rise was driven by high demand [Read more...]