Last night Carnival Corp. chairman and CEO Micky Arison tweeted: We just announced a comprehensive Audit &Review of Safety & Emergency Response Across All our Cruise Lines source Also last night, rival Royal Caribbean CEO Adam Goldstein also posed the following on his blog: By coincidence, half of our Captains and most of our Hotel [...]
Adam Goldstein hits the nail on the head about why he blogs.
A recent maritime certification compliance with SOLAS is an increase in stability requirements. As vessels superstructures get taller they need a stable base (hull). A popular enhancement done in drydocking a modern cruise ship is the addition of balconies. This can sometimes be done by extending the stern superstructure of a vessel as was done [...]
Everyone’s freaking out in the media right now about Royal Caribbean adding a second Starbucks @ Sea to their fleet. Now maybe I just don’t get it since I am ethically against Starbucks to begin with, but is it really that big of a deal or is it just a slow news week?
Two weeks ago, we reported on Royal Caribbean’s Q3 earnings. The results were kind of melancholy. Not good, not bad, just ‘eh.’ Afterwards, UBS analyst Robin Farley interpreted the situation as ‘not terrible, not great, but perhaps a situation that seems to be fluctuating rapidly.’ Also stating that this is ‘the most uncertain we’ve ever [...]
Some Highlights with the full results below: Net Income grew 14% to $399 million. Net Yields increased 5.3% Revenues improved to $2.3 billion strong demand for its Caribbean and Alaska products increases in excess of 15% in ticket yields and Alaska Bunker pricing for the third quarter was consistent with earlier calculations at $608 [...]
This post will start out as a news story but has potential to turn into a rant of mine. Right when the Freedom of the Seas took to the open ocean after departing Port Canaveral, she encountered some rough weather. The line is describing the event as “severe ship movement.” Apparently some cabins and public [...]
The above photo comes from the annual Florida-Caribbean Cruise Association (FCCA) Conference. On the far left is Carnival Corp CEO Micky Arison. 3rd from the left is Royal Caribbean CEO Richard Fain. 3rd from the right is NCL CEO Kevin Sheehan. And lastly on the far right is MSC Cruises CEO Rick Sasso. Kind of [...]
From CIN: Sources also report that TUI is close to ordering ships from STX Finland. While the shipyard was not immediately prepared to comment, it would be a stretch for TUI to commit funds to a newbuilding, considering TUI posted a loss for the first nine months of its fiscal year, and the German [...]
(Photo Credit: Flickr user GoboNdc via Creative Commons license) From FAIRPLAY24 ROYAL Caribbean’s two largest owners – Norway’s Wilhelmsen family and America’s Pritzker family – have dissolved their shareholders agreement, the cruise giant confirmed. The Wilhelmsen family, through A Wilhelmsen AS, owns 19% of Royal Caribbean. The Pritzkers, through Cruise Associates, own 15%. For [...]
