Cruise Ship Industry News
NCLH’s losses narrow
Norwegian Cruise Line Holdings (NCLH) reported a GAAP net loss of $1 bill or EPS loss of $2.35 for the first quarter of this year. This was down on the net loss of $1.4 bill or EPS loss [Read more...]
RCL expects to return to profit later this year
Royal Caribbean Group (RCL) has reported a first quarter 2022 net loss of $1.2 bill and loss per share of $4.58, compared with a loss of $1.1 bill and a loss per share of $4.66 in 1Q21. Adjusted net loss was [Read more...]
Consultancy to develop Ras Al Khaimah’s cruise offering
Ras Al Khaimah Tourism Development Authority (RAKTDA) and RAK Ports have appointed Zaiton Consultancy to develop and market the port’s cruise initiative. Cruising is one of the fastest growing sectors for the Emirate, with a 5.4% annual passenger [Read more...]
Cruise Ship Interiors returns to Miami and London this year
Over 25 cruise lines, designers, outfitters and sustainable accreditation experts will be sharing their expertise at this year’s Cruise Conversations Live, taking place at Cruise Ship Interiors Expo America on 7th and 8th June. The conference will include [Read more...]
Survitec to supply firefighting systems to two ropaxes
Survival technology solutions provider, Survitec has won a contract to supply firefighting systems to two 48,000 grt LNG dual-fuelled ropaxes They are currently under construction at Finland’s Rauma Marine Constructions (RMC) for Australian shipowner, Spirit of Tasmania (TT-Line [Read more...]
AD Ports to develop Egyptian cruise ports
AD Ports Group (ADP) and the Red Sea Ports Authority have signed a Term Sheet and a Head of Terms agreement for major port projects in Egypt. The first agreement will see ADP develop, operate, and manage a multi-purpose [Read more...]
Operational increases hit Lindblad’s bottom line
Lindblad Expeditions Holdings’ first quarter 2022 tour revenues were $67.8 mill, an increase of $66 mill, compared to the same period in 2021. This increase was driven by a $49.8 mill rise at the Lindblad segment and [Read more...]
Stena turns the corner
Ferry operator Stena Line´s operational result increased to SEK12,354 mill last year, compared to SEK10,362 mill in 2020, mainly due to strong freight volumes and cost reductions. In addition, passenger and car volumes improved, as countries eased [Read more...]
NPH tests Virgin’s crew for COVID
Newcastle, UK-based occupational health and wellbeing company, NPH Group, has won a contract to supply onsite and offsite COVID-19 testing services to Virgin Voyages. This contract comes ahead of the launch of two new vessels, ‘Valiant Lady’ [Read more...]
P&O Ferries fallout – UK Government to address seafarer pay
This week, the UK Government outlined plans to bring in legislation to address seafarer wages in response to P&O Ferries’ firing of 800 seafarers and replacing them with a lower paid agency workforce. Nearly two months after the [Read more...]