Travel Weekly and Cruise Critic are reporting that Norwegian Cruise Line (NCL) is raising gratuities on April 1st from $13.50 per person, per day, to $13.99, on all ships except the Norwegian Sky. Daily gratuities for standard cabins on the Norwegian Sky will increase to $18.99 (an increase over 40%).
Travel Weekly says that
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Three cruise CEO’s sold their Carnival (CCL) stock a week ago for a combined total of nearly $9,500,000, according to Market Digest.
On December 29,2016, Stein Kruse, the CEO of Holland America Group, Alan Buckelew, the Chief Operations Officer of Carnival Corporation, and David Bernstein, the Chief Financial Officer and Chief Accounting Officer of
The Securities and Exchange Exchange Commission reported this past week that the president & CEO of Norwegian Cruise Line Holdings Ltd ("NCLH"), Frank Del Rio, bought 83,498 shares of NCLH at an average price of $35.94 a share. (Photo below, right, during interview on CNBC).
The transaction took place on on August 31, 2016. The
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Yesterday, Royal Caribbean’s Chairman and CEO Richard Fain bought 29,190 shares of RCL stock, in a series of trades for an average of $68.5161 per share, worth nearly $2,000,000, according the to an article in Seatrade and SEC forms.
Today, with the RCL stock up over 6.50% from yesterday’s close, his $2,000,000 worth of shares
Later this morning, Seatrade’s State of the Global Cruise Industry Conference, moderated by CBS Travel Editor Peter Greenberg, will feature four cruise executives: Frank Del Rio, President & CEO, Norwegian Cruise Line Holdings Ltd, Arnold Donald, President & CEO, Carnival Corporation, Richard Fain, Chairman & CEO, Royal Caribbean Cruises Ltd. and Pierfrancesco Vago, Executive Chairman
A number of Royal Caribbean crew members have contacted me complaining that they don’t feel safe because of ongoing construction on the Freedom of the Seas to install an advanced emission purification system (AEP), also known as a “scrubber system.”
Contractors from Harris Pye Engineering have been aboard the cruise ship retrofitting the ship with
According to the SEC, Royal Caribbean CEO Richard Fain (below right) sold 87,488 shares of his RCL stock at an average price of $76.41, for a total value of $6,684,958.08.
After the transaction, cruise executive Fain still owns 1,139,613 shares of his cruise line stock valued at approximately $87,077,829.33.
I wrote a similar article
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Carnival’s Arnold Donald is not a typical cruise line executive. He’s not white; he wasn’t born with a silver spoon in his mouth; and he’s not arrogant.
He was born in New Orleans. His parents didn’t finish high school. They raised him and his three siblings in the Ninth Ward (which is now largely
This weekend, the Royal Caribbean Blog (an unofficial Royal Caribbean fan website) quoted Royal Caribbean President and CEO Adam Goldstein saying that the "last two or three years" of cruise ship mishaps are just an "anomaly."
Goldstein made his comments to CNBC’s Simon Hobbs who excitedly told the television audience that there was a disconnect
Dear Ms. Deeble.
Cruise and ferry executives have difficult jobs, I suspect. You have to effectively deal with labor disputes, increasing fuel costs, and price wars with your competitors in an increasing difficult economy. What a headache.
In addition to managing the financial pluses and minuses of your businesses, cruise executives like you also have
Last month, the Sun Sentinel reported that Carnival’s earnings "continue to be hurt by a series of embarrassing mishaps and softened demand for certain cruises that has kept fares low." The world’s largest cruise operator reported a 30 percent drop in third-quarter profits.
Critics have attributed Carnival’s woes to damage to its namesake cruise line’s
Yesterday, I wrote a short article about Royal Caribbean President Adam Goldstein selling 2,181 shares of RCL cruise stock earlier this week at an average price of $36.80, for a total value of $80,260.80. Cruise executives buying and selling their company’s own stock is interesting to me as an indicator into their true thoughts about
The Daily Political reports that Royal Caribbean President Adam Goldstein (left) unloaded 2,181 shares of RCL cruise stock yesterday at an average price of $36.80, for a total value of $80,260.80.
Goldstein still owns 335,654 shares of the company’s stock worth over $12,350,000.
A number of research firms have recently commented on RCL’s stock value. One
In an exclusive story, Cruise Line News has learned that cruise industry giant Carnival Corporation recently incorporated its business in the United States (in the state of Delaware). Carnival intends to announce this historic development tomorrow, April 2nd, at Carnival’s headquarters in Miami.
Since 1972, Carnival has incorporated its business and registered its cruise ships in
Miami’s Daily Business Review reports today that Micky Arison paid himself a "special year-end dividend" of $90,000,000. Yes, that’s 90 million dollars.
Cruise CEO Arison is not the only executive in Florida lining his pockets, as the Review states that other executives in Florida are paying themselves dividends in the range of $250,000 to
In a proxy filing with the Securities and Exchange Commission, Royal Caribbean Cruises disclosed that its 2010 compensation paid to CEO Richard Fain (photo left) increased almost 60% to $8,600,000. Royal Caribbean increased the compensation paid to the company’s four other named executives from 18.5% to almost 50%. The largest compensation increase of the four executives went to Adam Goldstein (photo right), the president of
