Cruise news (money-tagged)
- Cruise Industry

Crystal Endeavor megayacht's delivery delayed 'by about a year'
The Asia-based Crystal Cruises' owner GHK is delaying the launch of new ships while issuing a profit warning because of the pandemic forcing the...
August 11, 2020 - Cruise Industry

CMV-Cruise And Maritime Voyages goes into administration/bankruptcy
CMV-Cruise And Maritime Voyages has gone into administration (similar to the USA's filing for bankruptcy). The company has appointed Paul Williams...
July 20, 2020 - Cruise Industry

German shipyard Meyer Werft suspends operations for 6 weeks
German shipyard Meyer Werft halts production and suspends operations from Monday, July 20, for 6 weeks (through August 30) due to a slump in orders...
July 19, 2020 - Cruise Industry

CMV-Cruise and Maritime Voyages in talks with investors to stay afloat
The UK-based company CMV-Cruise and Maritime Voyages which was at the centre of a repatriation row involving hundreds of crew is in talks with...
July 15, 2020 - Cruise Industry

Port Galveston awarded USD 3,75M grant for cruise corridor roadway
Port Galveston got a USD 3,75 million Texas state grant for a new internal roadway planned to improve shipping traffic and cruise port access between...
July 13, 2020 - Cruise Industry

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