Cruise news (money-tagged)

Malta's Valletta Cruise Port invests EUR 2M in revamping the Waterfront
Port Valletta further invests in developing projects to enhance Malta's appearance as a cruise travel destination. Of note is the inauguration of a...
July 12, 2020
Cruise Industry
Royal Caribbean Group buys Silversea's remaining shares
The world's second-largest cruise shipowner RCCL-Royal Caribbean Group purchased the remaining shares of the top-luxury cruise brand Silversea. The...
July 12, 2020
Cruise Industry
Saga Cruises' newest ship Spirit of Adventure sets sail in November
Saga Group's new ship Spirit of Adventure will be inaugurated in November 2020, the cruise company announced. The vessel, which is the second...
June 30, 2020
Cruise Industry
Iceland reopens to cruise ships following the Coronavirus lockdown
As of June 15, 2020, Iceland opened its borders to tourists. The country's largest cruise ports are Reykjavik, Akureyri and Isafjordur. Before...
June 20, 2020
Cruise Industry
Carnival Corporation reports USD 4,4 billion in 2020-Q2 losses
The world's largest cruise shipowner Carnival Corporation posted a USD 4,4 billion loss for 2020-Q2 (second quarter) or USD 3,30 per share. Financial...
June 18, 2020
Cruise Industry
Copenhagen Malmo Port postpones establishment of new cruise terminal at Oceankaj
Due to the cruise market changes following the peak of the pandemic, CMP (Copenhagen Malmo Port) postpones the construction of its new cruise ship...
May 31, 2020
Cruise Industry
Greece restarts island ferry services
On Monday, May 25, Greece restarted regular passenger ferry services to Greek islands. Bars and restaurants were also reopen as Greece accelerated...
May 25, 2020
Cruise Industry
$130M raised by Nassau Cruise Port via bond offering
Nassau Cruise Port announced it had successfully raised USD 130+ million via its private bond offering launched on May 4 and closed on May 15, 2020...
May 22, 2020
Cruise Industry
Ferry cargo shipping receives UK government GBP 35 million Coronavirus subsidy
Cargo shipping services between the UK and mainland Europe received COVID subsidy on Monday, May 18, with a UK government GBP 35 million (USD 42,5 M...
May 19, 2020
Cruise Industry
Carnival Corporation strengthens liquidity for an extended cruise suspension due to Coronavirus
World's largest cruise shipowner - Carnival Corporation - announced additional actions to further strengthen its liquidity position in the event of...
May 14, 2020
Cruise Industry
Norwegian Cruise Line may go bankrupt?
NCLH-Norwegian Cruise Line Holdings announced there was “substantial doubt” about the ability of the company to continue amid the COVID...
May 6, 2020
Cruise Industry
Port Seattle delays the new USD 200 million cruise ship terminal
The Port of Seattle Commission has taken initial steps to scale down spending through the rest of the year while backing measures to protect small...
April 29, 2020
Cruise Industry
Carnival Corporation received USD 6 billion financing from the Federal Reserve
Carnival Corporation (world's largest cruise shipowner) received financing during the USA's pandemic after an intervention by the Federal Reserve...
April 29, 2020
Cruise Industry
Saudi Arabia purchased 8,2% of Carnival Corporation
Shares of Carnival Corporation shot up over 20% on Monday, April 6, after it was revealed that the public investment fund of Saudi Arabia has taken...
April 7, 2020
Cruise Industry
Carnival plans to issue $6 billion in stock and debt
Carnival Corporation is issuing USD 6 billion (~EUR 5,49 B) in stock and debt as the cruise shipowner company tries to shore up its finances...
March 31, 2020
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