Cruise Ships

Germany-based TUI Group has completed the sale of its subsidiary Hapag-Lloyd Cruises to TUI Cruises, a joint venture which TUI has with Royal Caribbean. TUI

By Jonathan Levin and Christopher Palmeri (Bloomberg) –Two of the world’s largest cruise operators insist their ships are no more vulnerable to the

By Christopher Palmeri and Jonathan Levin (Bloomberg) –Royal Caribbean Cruises Ltd. and Norwegian Cruise Line Holdings Ltd., two long-time rivals in the

WELLINGTON, June 22 (Reuters) – New Zealand on Monday extended a ban on cruise ships arriving in the country and tightened measures for visitors to exit

International cruise lines have extended their self-imposed sailing suspension from U.S. ports until September 15 amid the ongoing COVID-19 crisis. The Cruise

By Uday Sampath Kumar June 18 (Reuters) – Carnival Corp reported a record $4.4 billion in quarterly losses on Thursday, as the COVID-19 pandemic crippled

By Nivedita Balu May 20 (Reuters) – Royal Caribbean Cruises Ltd and Norwegian Cruise Line Holdings Ltd on Wednesday extended the suspension of voyages by

May 14 (Reuters) – Norwegian Cruise Line Holdings Ltd swung to a quarterly loss on a $1.6 billion impairment charge as the COVID-19 pandemic brought the

May 13 (Reuters) – Royal Caribbean Cruises on Wednesday launched a $3.3 billion bond offering, pledging 28 of its ships as collateral and forecast heavy

May 6 (Reuters) – Carnival Corp’s Princess Cruises said on Wednesday its voyages would remain suspended through the end of summer as reduced

May 6 (Reuters) – Norwegian Cruise Line Holdings Ltd has raised over $2.2 billion through debt and equity offerings, giving the cash-strapped cruise

By Paula Seligson, Jonathan Levin and Crystal Tse (Bloomberg) — Norwegian Cruise Line Holdings Ltd. is pledging ships and two islands as part of a plan

By Nivedita Balu and Helen Coster May 5 (Reuters) – Norwegian Cruise Line Holdings Ltd , the world’s third-largest cruise operator, raised doubts

By Jonathan Levin (Bloomberg) — Norwegian Cruise Line Holdings Ltd. is furloughing about 20% of its workforce through the end of July after the

By K. Oanh Ha (Bloomberg) — After two passengers on their luxury cruise tested positive for Covid-19 in March, Emilio and Barbara Hernandez were so

HELSINKI, April 28 (Reuters) – German shipyard Meyer Werft’s Finnish subsidiary on Tuesday started statutory talks to lay off up to 450 of its

TOKYO, April 25 (Reuters) – Nearly 150 cases of coronavirus infection have been confirmed among crew members of an Italian cruise ship docked in Japan

Carnival Cruise Lines has suspended all North American sailings through June 26, 2020 due to the ongoing COVID-19 crisis.  Carnival announced the extended

April 10 (Reuters) – The U.S. Centers for Disease Control and Prevention extended its “no sail order” for all cruise ships, as it looks to

Shares of Carnival Corporation (NYSE: CCL) shot up more than 20% on Monday after it was revealed that Saudi Arabia’s public investment fund has taken a more