Cruise news (money-tagged)

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
Accidents
Freedom of the Seas Debuts Her $116 Million Transformation
With a crowd-pleasing combination of brand new thrills and guest favorites, Royal Caribbean’s newly amplified Freedom of the Seas debuted her...
March 10, 2020
Cruise Industry
Piraeus Cruise Terminal Holds Inauguration Ceremony of the Cruise Terminal Expansion
The opening ceremony of the Cruise Terminal Expansion project was held last week (February 25) at the cruise terminal of Port Piraeus-Athens. It...
March 5, 2020
Cruise Industry
Port Everglades Navigation Improvements Project Begins with $29.1 Million Funding
Federal, state and local officials joined local business leaders on February 18 to welcome the news that Broward County’s Port Everglades...
February 20, 2020
Cruise Industry
GPH Joint Venture Buys Remaining Shares of Malaga Cruise Port Concession
Global Ports Holding Plc, the largest independent cruise port operator in the world, announced that its joint venture, Creuers Del Port de Barcelona...
January 30, 2020
Cruise Industry
One Ocean Expeditions Placed into Administration
One Ocean Expeditions advised its clients it was set to be placed into administration and confirmed its upcoming January 17th “Ultimate...
January 12, 2020
Accidents
Genting Hong Kong Confirms $900M Sale of Cruise Ship
Genting Hong Kong Ltd (Hong Kong-listed company) confirmed the sale of Genting Dream ship for USD 900 million (~EUR 805 million) or 80% of its...
January 9, 2020
Cruise Industry