The Sun Sentinel recently published an article, the Top 10 Highest-Paid CEOs in South Florida. Included in the top ten list, are three cruise executives: Norwegian Cruise Line Holding’s Frank Del Rio, Royal Caribbean Cruises’ Richard Fain, and Carnival Corporation’s Arnold Donald.
#1: Norwegian Cruise Line Holding’s Frank Del Rio:
The highest paid cruise
Norwegian Cruise Line Holdings Ltd. (NCLH) reports that its CEO Frank Del Rio’s total compensation for 2017 was $10.5 million.
Cruise executive Del Rio received compensation valued at $2.9 million in 2016, down from almost $32 million in 2015. According to Seatrade Cruise News, Mr. Del Rio received compensation valued at $31.9 million in 2015
NCL Holdings president and CEO Frank Dek Rio rang the bell this morning at the New York Stock Exchange in celebration of the five year anniversary of NCL’s listing. Del Rio was later interviewed by CNBC when he was asked about cyclone Grayson, often called the “bomb cyclone” storm, which terrorized the passengers aboard the
William Shatner, who played Captain Kirk in the 1960 classic science fiction television series Star Trek, reportedly recently urged Norwegian Cruise Lines (NCL) to stop offering "swim with dolphins" excursions on its upcoming Star Trek themed cruise.
According to the Hollywood Reporter (THR), Mr. Shatner is hosting the "Star Trek: The Cruise" voyage aboard the
A reader of Cruise Law News sent me a article appearing today in the British newspaper, Daily Mail, titled Grandmother, 83, is kicked off her 6-star cruise for having a panic attack: Dementia sufferer and her veteran husband claim they were thrown out of their £8,000 suite after she fell ill.
84 year-old grandmother
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Sources report that Norwegian Cruise Line will implement keelhauling as a means to motivate crew members to work longer hours on NCL cruise ships.
The ancient maritime form of punishment, once meted out to sailors at sea, involves being tied to a line and pulled along the keel, either from one side of the ship to
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
Two popular cruise blogs, the Royal Caribbean Blog and Cruise Fever, are reporting that Royal Caribbean will soon begin to charge its guests a fee of $7.95 for room service from the All Day Menu and the American Section of the breakfast menu.
Cruise guests reportedly will still be able to order complimentary continental
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
A couple of days ago, Cruise industry News reported that, according to NCL’s 2015 Annual Report, Kevin Sheehan received a severance package from NCL last year totaling $13,400,000 (million).
Mr. Sheehan resigned unexpectedly in January last year amidst some controversy.
The annual report in question, which you can see here, specified a "a