click for larger Press release from STX: STX Finland Oy and TUI Cruises have today signed a contract for the design and construction of a 97,000 GT cruise vessel. The sophisticated and highly innovative cruise vessel is scheduled to be delivered in spring 2014. The vessel has many environmentally friendly features, with a particular emphasis [...]

  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 [...]

As we head into the weekend, I think this would be a good time to analyze the Cruise Line’s recent financial statements. Carnival Who better to start things off than the Industry leader and cash machine Carnival Corp. The Miami based firm reported a net income of $252 million ($0.32 per share) with total revenues [...]