Cruise Building: Growing, Cleaner and Not Always Bigger
2019 will be the biggest year ever for new ship introductions.The ships are coming. Cruise Lines International Association (CLIA) suggests that in the coming year 18 new ships are on order for CLIA cruise lines. The next few years will see the arrival of new cruise giants at PortMiami and Port Canaveral. But first they will need giant terminals.The Global Impact of Cruise LinesCLIA estimates 30 million travelers will cruise next year, up six percent from 28.2 million in 2018;…
Fincantieri to Build Two New Ships for Norwegian's Oceania Cruises
The largest shipbuilder in Europe Fincantieri and the US Group Norwegian Cruise Line Holdings Ltd. signed a contract for the construction of two new generation cruise ships for the Oceania Cruises brand, with delivery scheduled respectively in 2022 and 2025, which will start the “Allura-Class”.The agreement has an overall value exceeding 1 billion euros.With about 67,000 tons and the capacity of accommodating approximately 1,200 passengers on board, these units will be the new flagships of Oceania Cruises future fleet…
New Ships, Passenger Records Pace Global Growth
The relentless increases in luxury ocean and river travel that has propelled the cruise industry in 2017 to new passenger records is a clear indication that 2018 and the next five years will see a new era in global travel. Even as the Cruise Lines International Association (CLIA) counted up the record number of global cruise passengers in 2017, CLIA member cruise lines are scheduled to debut 27 new ocean, river and specialty expedition ships this coming year. Among the most interesting of those ships are the two new Ponant ships…
Nisomar Awarded First Launch Services Contract
The new data-driven maritime services company Nisomar confirmed a launch services partnership agreement with Norwegian Cruise Line Holdings for the 2017/18 cruise season in Chile. The agreement will see Nisomar South America provide launch services to the company’s Norwegian Cruise Line, Regent Seven Seas Cruises and Oceania Cruises brands across 10 Chilean ports including pilot embarkation/disembarkation, berthing assistance, liaison with local port authorities and service launches for each visit.
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.
WFW Advises on Cruise Ship "Seven Seas Explorer" Delivery
International law firm Watson Farley & Williams (“WFW”) advised Crédit Agricole Corporate and Investment Bank (“CACIB”), SACE S.p.A. (“SACE”) and a syndicate of banks on the delivery of the cruise ship “Seven Seas Explorer” built by the Italian shipyard Fincantieri S.p.A. “Seven Seas Explorer” was delivered to Explorer New Build LLC, a wholly-owned subsidiary of Norwegian Cruise Line Corporation Ltd, on 30th June 2016 and will sail as part of the Regent Seven Seas fleet. The SACE-backed loan facility of US$374 million was used to partially fund the construction of the vessel.
Norwegian Cruise Line, Port of Seattle Ink 15-year Lease
The Port of Seattle signed a 15-year lease with Norwegian Cruise Line Holdings (NCLH) parent company of Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. The deal secures NCLH ships in Seattle for the full term of the lease and provides passenger volume guarantees estimated to bring $73 million dollars of revenue to the port. “We thank Norwegian Cruise Line for their commitment to Seattle and the Alaska cruise business,” said Commissioner John Creighton. “Cruise in Seattle means $440 million in annual economic impact for this region.
Montague named Prestige Cruise President, COO
Norwegian Cruise Line Holdings Ltd. (Nasdaq:NCLH) announced today that Jason Montague has been named President and Chief Operating Officer of Prestige Cruise Holdings, Inc. effective today, following the resignation of Kunal S. Kamlani. Montague was instrumental in launching Oceania Cruises in 2002 and is widely regarded as one of the original co-founders of the company. "As we continue to refine the future organization, Jason stands out as a leader who is knowledgeable about the brands and is so passionate about them…
Banana Coast to Welcome First Mega Cruise Ship
Banana Coast, the newest cruise port in the western Caribbean, is preparing to host its first mega cruise ship call at the deep-water Bay of Trujillo, Honduras. Norwegian Cruise Line's 2,376-passenger Norwegian Jewel is scheduled to arrive Oct. 15, 2014, launching the port's inaugural cruise season with the first of 29 calls. The port is planning a ribbon-cutting ceremony that is slated to include government and community leaders from around the region. Invitees include Honduran President Juan Orlando Hernández…
Cruise With Confidence: Cruise Lines Prosper Despite Troubles
Cruise Lines shrug off tragedy, bad publicity, new regulations and a weak economy to post impressive growth. In the year since the Costa Concordia tragedy, the cruise industry has seen a raft of new regulatory initiatives; in part developed in conjunction with industry associations. Harmonization of multiple regimes is the new mantra for industry stake-holders. In late December, the Florida-based Cruise Line Industry Association (CLIA) announced a tie-up which will result in one worldwide voice for the industry.
SpecTec USA: New Contract with Prestige Cruise Holdings
The 2010 good influence keeps on giving positive results for SpecTec Business in 2011 with a significant order that came in late December. The important news came from SpecTec USA, which has recently closed a contract for a large consulting project with Prestige Cruise Holdings, a parent company for both the upper-premium Oceania Cruises and ultra-luxury Regent Seven Seas Cruise brand. SpecTec continues the relationship with Oceania Cruise and Regent Seven Seas Cruise. In this particular instance…
Oceania Cruises Celebraties at Fincantieri
Oceania Cruises celebrated two milestones on February 26 at the Fincantieri shipyard near Genoa. The building dock for its new 1,258-guest, flagship Marina began filling with water and the first steel was cut for Riviera, a sister ship. Marina is scheduled to sail her maiden voyage on January 22, 2011; plans call for Riviera to debut in April 2012. Oceania Cruises' Marina and Riviera will offer 629 accommodations that are among the largest at sea, ranging from 174 to a palatial 2,000+ sq ft.