Entries Tagged ‘Royal Caribbean Inc.’

Royal Caribbean CEO: “press releases are to the blog what tuxedos are to business casual”

Adam Goldstein hits the nail on the head about why he blogs.

Lets talk about Duck Tails

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 [...]

Starbucks @ Sea

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?

Finance Friday: Royal Storm Ahead?

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 [...]

Finance Friday: Royal Caribbean Reports Q3 2011 Earnings

  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 [...]

Crazy Sunday in Florida. Ships Battered by strong winds + Controversy [w/Pictures]

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 [...]

Will Europe’s TUI Build a new Ship?

  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 [...]

And Another Lawsuit is Filed Against RCI for Stock Fraud [#FinanceFriday]

“Anti-cruise” pundit Jim Walker over at Cruise Law has reports that yet another group has filed a suite against RCI for fraud stemming from RCI’s admission of an accounting error. While this certainly wont turn into a scandal or anything juicy, it certainly isn’t good for Royal Caribbean PR.

Royal Caribbean Dissolves Two Major Stockholders

  (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 [...]

BREAKING: Finance Friday: RCL’s Financial Blunder Proves Costly

When Royal Caribbean International (NYSE:RCL) announced their 2Q 2011 Earnings they shocked everyone by admitting that their erred in their accounting. Upon hearing this, the stock plunged yesterday quite a lot. It should pick up today assuming it’s a good day for the market, but with the looming debt crisis, its gonna be a long [...]

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