Last Friday, Carnival Corporation forecast a loss in the fourth quarter after it reported third quarter financial results which fell well short of Wall Street estimates. Carnival had a net loss of $770 million for the third quarter of 2022.
Carnival’s revenue has now missed expectations for the last ten (10) straight quarters dating back
As the Miami Herald reported this week in an article titled Top U.S. Cruise Lines Set to Allow Passengers Without COVID-19 Shots on Most Voyages, “Royal Caribbean and the other major cruise lines are moving to soon allow passengers to board most voyages without COVID-19 shots.”
The “big three” cruise companies, Carnival Corporation, Royal
Carnival Corporation CEO Arnold Donald recently stated on the cruise giant’s second quarter and business update call that Carnival Cruise Line is expected to operate at “110 percent occupancy” for the summer season. He stated “Carnival Cruise Line also became our first brand to sail its entire fleet in May and is expecting occupancy to
The Bahamas Paradise Cruise Line’s Grand Celebration is likely heading to the beakers in India based on a report today from Cruise Industry News. The cruise news journal stated that the old cruise ship “is likely heading to the end of her cruise career as the ship is rumored to have been sold for
This weekend, several employees of Pullmantur Cruises informed me that employees (or contractors) hired by Royal Caribbean (which has a 49% ownership in Pullmantur) were involved in removing equipment from and dismantling the interiors of two of the companies’ cruise ships.
The Monarch and Sovereign are currently at the cruise port of Naples, Italy (Stazione
Seatrade Insider has an interesting article today entitled "Costa Battles Media Onslaught, Concordia Scams."
The article raises the issue whether there is a future for the Costa Crociere brand following the Concordia disaster. The article quotes Costa CEO Pier Luigi Foschi admitting that Costa’s sales across the fleet are 35% below the
