ABB to Equip Lindblad' New Icegoing Vessel
Swiss-Swedish tech giant ABB is to supply power, automation, propulsion and digital systems for the second icegoing cruise ship to be built for Lindblad Expeditions by Ulstein Verft shipyard.Destined to take exploration cruise guests sustainably and safely on voyages deep into remote polar regions, the Lindblad Expeditions Holdings, Inc. vessel will be built by the Norwegian yard Ulstein Verft to an Ulstein Design & Solutions design as a sister ship to National Geographic Endurance…
More Newbuilds for American Cruise Lines
U.S. coastal and river cruise operator American Cruise Lines continues to accelerate its newbuild program across its diverse fleet, adding new ships to its new Modern Riverboat Series as well as its fleet of new coastal ships and Victorian-style paddlewheelers. American, which introduced a new ship in 2017 and two new ships in 2018, will put its latest new vessel into service this summer, with two more newbuilds coming in both 2020 and 2021.In August 2019, American Harmony, the second of five ships in American’s Modern Riverboat Series…
SunStone's Greg Mortimer Launched in China
The launching ceremony of the ‘Greg Mortimer’, the first polar expedition cruise vessel in SunStone Ships’ INFINITY series, was held in the morning of 12 March at the CMHI yard, China.The steel cutting ceremony of ship number three in the series was also arranged yesterday, said a press release from Ulstein Group ASA, Norway based ship designer.The cruise operator, Aurora Expeditions, has chartered the vessel, and named her after their founder, Greg Mortimer, who also attended yesterday’s launch ceremony.According to Xianpu Hu…
TTS Group Bags Hurtigruten Contract
Norway-based TTS Group ASA, a global provider of handling solutions and access systems and services for the marine and offshore industries, has been awarded a contract for sideloading systems for Norway-based expedition cruise operator Hurtigruten.TTS Group has also won a contract for ships equipment to another buyer. Total value of the orders is approximately NOK 38 mln (USD 4.5mln).Hurtigruten, the world’s largest and most sustainable expedition cruise line, is expected to install…
Carnival to Launch Four Ships in 2019
Carnival Corporation announced it will launch four new cruise ships in 2019 across three of its leading global brands – Carnival Cruise Line, America's Cruise Line; Costa Cruises, the largest European cruise operator; and Princess Cruises, international premium cruise line. The world will get a preview of one of these spectacular new vessels when Carnival Cruise Line debuts a floral replica of its new Carnival Panorama sailing down Colorado Boulevard in the Rose Parade on New Year’s Day…
Carnival's First LNG Powered Ship Delivered
Carnival Corp on Wednesday launched its first liquefied natural gas (LNG)-powered ship in Germany as the world's largest cruise operator tries to cut its carbon footprint.Addition of LNG ships are part of Carnival's ongoing fleet enhancement strategy and 20 new vessels are scheduled for delivery between 2018 and 2025.The shipping industry have been forced to look for cleaner options such as LNG after the International Maritime Organization introduced tough new rules on use of marine fuel.Strategically important ports such as Gibraltar are already preparing to offer upgraded facilities to meet
Fincantieri Delivers Nieuw Statendam
Nieuw Statendam, the new cruise ship of Holland America Line, was presented at the Fincantieri Marghera shipyard in Venice. Holland America Line is a brand under Carnival Corporation, the world’s largest cruise operator.The vessel is the 16th Holland America Line ship built by Fincantieri and is the line’s second Pinnacle-class ship after Koningsdam, delivered in 2016.The 99,902-ton vessel accommodates 2,666 guests and is the ultimate expression of the Holland America Line brand.
Norwegian Cruise Line Profits Up
Miami-based Norwegian Cruise Line Holdings reported third-quarter ended September 30, 2018 profit of $470.4 million compared to $400.7 million in the prior year. The cruise operator said in a investor release that its total revenue increased 12.5% to $1.9 billion. Gross Yield increased 4.5%. Net Yield increased 4.0% on a Constant Currency basis, outperforming guidance by 50 basis points. Norwegian expects to generate record earnings in full year 2018 and has increased its outlook above the high-end of its previous guidance range.
China Cruising: Carnival Corp Launches China JV
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), has announced that its cruise joint venture with China State Shipbuilding Corporation (CSSC) will launch this week under the name CSSC Carnival Cruise Shipping Limited. The new China-based cruise company plans to operate its own fleet to serve Chinese cruise guests by the end of 2019.CSSC Carnival Cruise Shipping Limited announced an agreement to purchase two existing ships from Carnival Corporation’s Costa Group, the leading cruise operator in Europe and Asia.
Hurtigruten Orders New Hybrid Powered Expedition Ship
Hurtigruten continues to push the borders for green travel – and orders new, groundbreaking hybrid powered expedition cruise ship.Hurtigruten, an expedition cruise operator, has signed a memorandum of understanding with Norway’s Kleven Verft AS for the construction of their third hybrid powered expedition cruise ship.The new ship’s design, construction, engineering and advanced technology will be based on Hurtigruten’s two next-generation ships, MS Roald Amundsen and MS Fridtjof Nansen…
America’s First Modern Riverboat to Sail from New Orleans
The first contemporary riverboat in the U.S. is set to depart from the Port of New Orleans on October 6 for its inaugural cruise on the Mississippi River.The new vessel, American Song, is the flagship in a series of contemporary riverboats by operator American Cruise Lines. With an exclusive capacity of 184 guests, American Song provides modern design features and contemporary styling. The modern riverboat features a four-story glass-enclosed atrium with a large domed skylight, which will serve as the central gathering point for the entire ship.
Carnival May Homeport its Largest Ship in Canaveral
The Canaveral Port Authority said it has reached an agreement in principle with Carnival Cruise Line principle on a new state-of-the-art terminal able to accommodate Carnival’s new 180,000-ton ship, the largest ever constructed for the line, set to debut in 2020.The terms of the agreement are expected to be included on the agenda of the Canaveral Port Authority Board of Commissioners’ meeting on August 29, 2018. If approved, the deal will clear the way for the world’s largest cruise operator to homeport its as-yet-unnamed 5…
Holland America Line Sells Prinsendam to Phoenix Reisen
The Seattle-based Holland America Line said its small ship 835-passenger Prinsendam had been sold to a company that would put it in service with a German cruise operator Phoenix Reisen. Holland America said the ship will leave the Holland America fleet on July 1, 2019. For sailings after July 1, 2019 Holland America Line says it is reaching out to booked passengers and their travel professionals to re-accommodate guests. At 37,983 tons, Prinsendam is more than 30% smaller than the next smallest vessel in the Holland America fleet.
Royal Caribbean Buys $1 Bln Stake in Silversea Cruises
Royal Caribbean Cruises Ltd (RCL.N) said on Thursday it would buy a 66.7 percent stake in privately owned Silversea Cruises for about $1 billion to add ultra-luxury and expedition cruises to its fleet.Silversea Cruises, which has nine ships, sails to destinations including Antarctica, the Arctic and Greenland, with most of its tickets selling for more than $5,000.In contrast, the most expensive cruises run by Royal Caribbean under its Azamara Club Cruises brand cost around $3…
Norwegian Cruise Line Signs up for ShipServ
Cruise ship operator Norwegian Cruise Line Holdings Ltd. (NCLH) has signed on to use ShipServ, a platform for the marine industry that enables users to automate procurement processes and capitalize on spend management tools. NCLH operates 24 cruise vessels under three cruise brands: Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises, the latter two of which have been ShipServ clients since 2010. Now NCLH chose to expand the use of the procurement platform to cover all of the group’s brands.
Moody's Dings Hurtigruten's Outlook Due to Newbuilds
Moody's Investors Service, (Moody's) issued a press release affirming the B2 corporate family rating (CFR), B2-PD probability of default rating, and the B2 senior secured rating of Silk Bidco AS (Hurtigruten), the full owner of Norwegian cruise operator Hurtigruten ASA. While the ratings have been affirmed, the outlook has been changed to stable from positive. "The change in outlook to stable reflects the higher credit risk and weaker liquidity that Hurtigruten's recent capex spending announcement entails" says Guillaume Leglise, Moody's lead analyst for Hurtigruten.
Cooking up Credible Cruise Credentials
Norway-based cruise operator Hurtigruten AS has developed its own unique formula for developing cruise talent. The practice is already paying handsome dividends. Fun, luxury, experiences — that’s what cruise operators sell, and by all accounts, it is selling well. With bookings up three years in a row, competition for skills and customers is up. Increasing in frequency, too, are cruise-company launches of the largest floating cities ever. Yet, steaming up alongside for a share…
Royal Caribbean Posts 4Q Profit
Royal Caribbean Cruises Ltd reported 2015 results and provided guidance for 2016. Continuing on its Double-Double trajectory, the company’s adjusted earnings for 2015 were $4.83 per share – up 42% over 2014, and are expected to further increase to $5.90 – $6.10 in 2016. The world's second-largest cruise operator posted net income in the period of $206.8 million or 94 cents a share. That compared with $109.7 million, or 49 cents, the year before, the company announced. Revenue in the quarter rose 4.6 percent to $1.9 billion from a year ago.
Norwegian Cruise to Expand in Europe
The Miami-based cruise operator Norwegian Cruise Line has announced its ground-breaking summer 2017 deployment for Europe with for the first time in company history five ships sailing in European waters as well as regular cruises out of Hamburg, with embarkation also available in Southampton and Amsterdam. Norwegian has launched three huge ships in the past three years – the aforementioned Getaway, sister Breakaway and last year, Norwegian Escape. The company has long promised a return to the U.K. – which it left in 2008 – once it had more ships.
Damen Takes on Six Viking River Cruises Vessel Jobs
Damen Shiprepair Amsterdam (DSAm) reports that it is currently working on a modification and maintenance contract for six inland cruise vessels owned by Viking River Cruises. With this winter service complete, all six vessels – known as longships – will be ready for the coming river cruise season. The Viking Idi was the first of the six to arrive at the yard in late December 2015. Sister ships Viking Idun, Viking Kvasir, Viking Kara, Viking Hlin and Viking Gullveig will follow consecutively.
Hapag-Lloyd Gets New Logo, New Name
The 125 years old German cruise operator, Hapag-Lloyd, has unveiled new branding, along with a modest name change, that will help promote the luxury cruise line to a global audience. Effective immediately, the old Hapag-Lloyd Kreuzfahrten name has been changed to Hapag-Lloyd Cruises, in a bid to attract a worldwide audience, rather than just German speaking guests. 125 years after the first Hapag-Lloyd cruise to the Mediterranean from Hamburg aboard the steamer Augusta Victoria, the new branding will help continue the historic legacy of the German cruise line.
Windstar Runs Aground in Panama, Cruise Cancelled
The luxury cruise operator Windstar Cruises will drydock ship following last week’s grounding in a remote region of Panama. Windstar reports that Star Pride experienced a grounding while coming into anchor at Isla de Coiba, Panama. As a result the ship's December 26, January 2 and January 9 voyages have been cancelled. According to a statement on the Windstar Cruises Facebook page, Star Pride was “coming into anchor” at Isla de Coiba, off the coast of Panama shortly after 6 a.m. CST on Dec.
Port Operations Can Be Risky Business
The horrific explosions in the Chinese port of Tainjin illustrated vividly just how volatile port operations can be. But safety issues are only one facet of risk in the complex world of shipping ports. From piracy on the high seas to data thievery in port, players all along the shipping value chain need to be on constant alert for the dangers that nature and human actions can present. Political unrest, theft, smuggling and corruption all figure in to the risk picture that ship owners, brokers, and cargo owners have to consider when planning and executing port calls.
South Korea Okays Casinos on Cruise Ships
South Korea has given the go-ahead for cruise ships to operate onboard casinos for foreign guests, , reports the Korea Joongang Daily newspaper. South Korean cruise vessels voyaging overseas will be able to operate casinos on board – but casino admission will be only for foreign passengers from as early as next year. “The ministry is in no talks to push for admission of Koreans to [such] casinos,” said Han Dong-soo, an official at the Ministry of Oceans and Fisheries, as quoted in comments to the Korea Herald newspaper. The ministry has been taking the lead on the casino cruises initiative.
Crews Recover Bodies of 9 Victims of Alaska Plane Crash
Emergency crews recovered on Friday the bodies of nine people from the wreckage of a sightseeing plane that remains teetering on a steep rock face after crashing in Alaska, a rescue official said. Eight passengers and the pilot were killed when the aircraft, an excursion flight booked via a cruise ship, went down during a tour of the Misty Fjords area of southeast Alaska on Thursday afternoon, flight operator Promech Air said. A helicopter pilot spotted the wreckage against a granite rock face about 800 feet (240 meters) above Ella Lake, according to an Alaska State Trooper report.
Royal Caribbean Cuts Profit Forecast
Royal Caribbean Cruises Ltd cut its adjusted profit forecast for the year, citing a jump in fuel prices since its January forecast and a strong dollar. Shares of the world's second-largest cruise operator, which also cut the higher end of its full-year net yields forecast, fell 9.3 percent to a more than four-month low on Monday. Fuel prices have risen 14 percent and the dollar has gained 3.5 percent since the company's previous forecast, Royal Caribbean executives said on a post-earnings call.