Cruise Ship Industry News
NCLH narrows loss – sees revenue increase
Norwegian Cruise Line Holdings (NCLH) has reported a GAAP net loss of $509.3 mill or EPS of minus $1.22 for the second quarter of this year, compared to net loss of $717.8 mill or EPS of minus $1.94 [Read more...]
Fincantieri suffers loss despite revenue growth
Italian cruise ship and naval shipbuilder, Fincantieri, saw revenues grow by 16% to €3,510 mill in the first half of this year, compared to €3,026 mill for 1H21. However, the group suffered a net loss of €234 mill [Read more...]
Strong passenger numbers boosts Tallink
Tallink Grupp has reported a strong recovery in passenger numbers after the end of COVID related travel restrictions leading to a profit in the last month of the second quarter of this year. However, the recovery and results [Read more...]
Two Tallink ferries chartered as accommodation ships
Tallink Grupp has signed contracts with Slaapschepen Public BV, an organisation nominated by Centraal Orgaan Opvang Asielzoekers (COA) of the Netherlands, for the short-term charter of two vessels. The company’s Tallinn/Helsinki route vessel ‘Silja Europa’ (pictured) was chartered [Read more...]
RCL’s results ahead of expectations despite heavy loss
Royal Caribbean Group (RCL) has reported a second quarter 2022 net loss of $0.5 bill and loss per share of $2.05. However, RCL said that the results were meaningfully ahead of the company's expectations driven by accelerating and strong close-in demand, [Read more...]
Finnlines enjoys revenue increase
Finnish ferry and logistics company, Finnlines has reported revenue of €356.9 mill for the first half of this year, compared with €270.8 mill in 1H21, an increase of 32%. EBITDA was €97.7 mill, compared with €71 mill in [Read more...]
Sustainable cruise indicators introduced
Cruise Baltic has collaborated with consulting group COWI to develop sustainable cruise indicators. These can be used globally to measure environmental sustainability in different cruising regions. With the new tool, measuring sustainability will become easier and more concrete, [Read more...]
Lindblad reports increased revenues
Lindblad Expeditions Holdings second quarter 2022 tour revenues were $90.9 mill an increase of $75.6 mill, compared to the same period in 2021. The increase was driven by a $57.3 mill rise at the Lindblad segment and a $18.3 mill hike at the Land Experiences [Read more...]
Atlas Ocean picks new President
James Rodriguez has been appointed President and CEO of Atlas Ocean Voyages. Bringing more than 20 years of experience in the cruise industry, Rodriguez (pictured) joined the company at a pivotal time of brand development and growth, it [Read more...]
Intellian introduces new antennas to enhance live TV at sea
Intellian Technologies, a global satcoms technology and solutions provider, has unveiled new t-Series and s-Series antennas to enhance the live television (TV) experience for those on board vessels. With millions of people working at sea every day across [Read more...]