Carnival Warns of Hit to 2024 Earnings After Rerouting of Red Sea Itineraries
Carnival said on Tuesday that its annual earnings would take a hit as the cruise operator reroutes its ships that were due to pass through the Red Sea, a key transit route linking Asia and Europe.A growing list of companies have rerouted vessels as the Houthis, a Yemeni militant group, steps up attacks on Israeli ships or ships heading towards Israel, in solidarity with the Palestinians.The rerouting by Carnival is expected to have an impact of 7 cents to 8 cents on its adjusted earnings per share for full-year 2024, with the majority of the impact coming in the second quarter.
Aiming for Zero Waste Discharge to Sea
Advanced water treatment systems are just the start of the cruise industry’s circular waste processing ambitions.Advanced wastewater treatment systems (AWTS) were revolutionary in their day. Indeed, they still are today, but with 77% of the CLIA fleet (202 ships) already using them, and another 40 specified for vessels on order, even more ambitious waste management is coming.Martin Shutler, Principal Engineer, Product Development, at Wärtsilä Water and Waste, notes that in recent…
HX Appoints New CCO
HX (Hurtigruten Expeditions) has announced Alex Delamere-White’s official appointment as Chief Commercial Officer (CCO), following six months as acting interim CCO.Based out of the new HX HQ in London, Delamere-White will bring the global functions under one leadership model to further fuel HX’s long-term growth plans, including newly evolved roles for Nathaniel Sherborne and Jim Sayer. Sayer is appointed to SVP Global Marketing bringing together the global marketing functions under his leadership.
UK Aims to Cash In On Cruise Ship Repair and Refit
Companies from across the U.K. maritime sector and numerous government departments are coming together to develop a vision for making the country a global center of excellence for cruise lines looking to repair and refit their vessels.Britain’s maritime engineering industry already feeds into the cruise industry but sees significant untapped economic opportunity within the £2.36 billion global market for cruise ship refit and repair, particularly as demand for cruises rebounds…
Carnival Fined $5 Million for Cybersecurity Violations
A New York state regulator on Friday fined cruise line operator Carnival Corp $5 million for "significant" cybersecurity violations, following four security breaches from 2019 to 2021 that exposed substantial amounts of sensitive customer data.New York's Department of Financial Services said Carnival violated a state cybersecurity regulation by failing to use multi-factor authentication that would make it harder for wrongdoers to access its internal network.It also said Carnival…
Carnival Corp Names Weinstein as Next President & CEO
Carnival Corporation & plc, the world's largest cruise company, announced its current Chief Operations Officer Josh Weinstein will assume the role of President and CEO of Carnival Corporation & plc, effective August 1, succeeding Arnold Donald, who is being appointed Vice Chair and member of the Boards of Directors.A 20-year veteran of Carnival Corporation & plc, Weinstein has held critical senior-level roles for the company. In his most recent assignment for the past two years as Carnival Corporation & plc's Chief Operations Officer…
Harland & Wolff Wins Contracts for Dry Docking of Two Cruise Vessels
Harland & Wolff Group has been awarded a dry dock contract for two cruise ships from P&O Cruises and Cunard respectively that will occupy the Belfast drydock for 33 days in total. The companies have selected Harland & Wolff's 81-acre Belfast shipyard to undertake drydocking works on two of its ships - Aurora and Queen Victoria. The works due to be undertaken on both ships are standard drydocking operations.The first ship to dock under this agreement will be Cunard's Queen Victoria which entered service in December 2007.
AIDA Cruises Cancels Stops at Russian Port
Carnival Corp-owned AIDA Cruises said on Thursday four of its ships would not stop at St. Petersburg port in Russia this summer as were previously scheduled, after the country’s invasion of Ukraine.The move comes after most major U.S.
Queen Mary 2 Skips Voyage to New York Amid Omicron Worries
Carnival Corp's Cunard cruise line said on Wednesday its Queen Mary 2 ship would skip a scheduled stop at New York and instead extend its stay in Barbados until Jan. 2 to bring in more staffers.Cunard said its decision to add more crew members was a precautionary measure, but it did not detail why it needed more workers.The ship, Cunard's flagship liner named by Queen Elizabeth, is among the more than 85 vessels the U.S. Centers for Disease Control and Prevention (CDC) is investigating…
Royal Caribbean Bookings Take a Hit as Omicron Fears Worsen
Royal Caribbean Group said on Thursday it was grappling with a drop in bookings and a rise in cancellations as COVID-19 cases surge in the United States, driven by the fast-spreading Omicron variant.U.S. cruise ships have been gradually returning to the seas since late June, but an increase in Omicron cases has sparked calls for a temporary ban on cruising, including from Senator Richard Blumenthal, a Connecticut Democrat.Since the Celebrity Cruises parent resumed operations from U.S.
Carnival's Long-term Demand Indicates Omicron Threat Will Fade Soon
Carnival Corp on Monday flagged a hit to its near-term bookings from Omicron, even as demand for cruises late next year and beyond suggest a short-lived impact from new coronavirus variants.Shares of Carnival gained 3.3% as the cruise operator said new COVID-19 variants have not had a significant impact on its plan to return its full fleet to operations in the spring of 2022.The fast-spreading COVID-19 Omicron variant has been a cause of concern over the last month, creating some…
Carnival Opens New Dubai Cruise Terminal
Cruise ship operator Carnival Corporation has officially opened its new Dubai Harbor Cruise Terminal with Shamal Holding following their strategic partnership signed in 2018 to develop the new cruise port.With the arrivals of Costa Firenze and AIDAbella from the company’s Italy-based Costa Cruises and Germany-based AIDA Cruises brands, the official opening was marked by two passenger cruise ships visiting the Dubai Harbor Cruise Terminal for the first time, coinciding with the start of the cruise season and the ships’ homeporting seasons from Dubai.
Carnival Says Cruise Bookings for 2022 H2 Above Pre-pandemic Levels
Carnival Corp said on Friday cruise bookings for the second half of 2022 were ahead of pre-pandemic levels, in a sign the cruise operator expects a rebound in business as it restarts voyages globally.The company's U.S.-listed shares rose 3.1% to $25.48 as the Cunard cruise line owner said its core earnings will break even early next year and be above pre-pandemic levels in 2023.The cruise sector was among those most affected by the pandemic in 2020 as many ships docked at ports and anchored offshore for months…
Inside Cruise Shipping's Fight for Survival
In early 2021, the somber news from the cruise sector continued. For some cruise brands, their own version of “lockdowns” will have spanned an entire year. By late January, 2021, Carnival and others were hesitantly pegging their restarts for April/May 2021, and for some markets, late summer, under a Conditional Sail Order promulgated late last year by the Centers for Disease Control and Prevention (CDC).What else to do but look ahead?In preliminary earnings guidance, Carnival Corporation (NYSE: CCL)…
Princess Cruises Cancels Some Early 2021 Voyages
Carnival Corp’s Princess Cruises said on Monday it would cancel early 2021 cruises on two ships, citing travel, border and port restrictions due to the COVID-19 pandemic.Cruise lines, hammered by a crisis that has seen some ships turn into infection hotspots, had earlier said they were expecting solid 2021 bookings, mainly as repeat cruisers were eager to book their trips.The two ships, Island Princess and Pacific Princess, were set to sail from North America and Australia, respectively.Guests…
Leibowitz Takes Over as Seabourn President
Carnival's luxury cruise brand Seabourn announced Thursday that Josh Leibowitz has been named president, effective immediately. He will report to Stein Kruse, group CEO of Holland America Group and Carnival UK.Leibowitz joined Carnival Corporation in 2013 as chief strategy officer and was also named senior vice president of Cunard North America in 2016. He previously served as managing partner of the Miami office of the consulting firm McKinsey & Co.He succeeds Rick Meadows, who retired at the end of May after 35 years with Carnival Corporation…
Carnival Corp Names Weinstein COO
Carnival Corp on Friday named Josh Weinstein as its new chief operations officer as the company continues to grapple with the global COVID-19 pandemic.Reporting to Carnival Corporation President and CEO Arnold Donald, Weinstein's responsibilities will include oversight of major operational functions, including global maritime, global ports and destinations, global sourcing, global IT and global auditing.Weinstein will retain oversight of Carnival UK, the operating company for P&O Cruises and Cunard, which he managed directly for the past three years.
Manila Cruise Flotilla Offers Crew Confinement in Comfort
In the past few weeks, Manila Bay in the Philippines has been transformed into the world’s biggest parking lot for cruise ships, none of which have any guests.More than 20 vessels collectively weighing about 2 million tonnes are clustered off the coast of the capital, awaiting coronavirus clearance for more than 5,300 Philippine staff to return home from abandoned cruises, with no guarantee of a job at sea again.More ships are set to join the flotilla, says the coast guard, which has been shuttling between ships to administer 4,991 virus tests for crew quarantined for the 14 days mandatory for repatriates. No suspected cases have been reported.Crew told Reuters they were bored…
Carnival Plans to Resume Some Voyages in August
Carnival Corp announced Monday it plans to resume certain North American voyages in August as it tries to rebound from the coronavirus pandemic, which has idled its ships since March.The company said its Carnival Cruise Line brand intends to restart cruises on eight ships from Miami (Carnival Horizon, Carnival Magic and Carnival Sensation), Port Canaveral (Carnival Breeze and Carnival Elation) and Galveston (Carnival Dream, Carnival Freedom and Carnival Vista) on August 1, while…
Carnival Brands Pause Cruises for Another Month
Four of Carnival Corp’s cruise lines said on Monday they would extend the suspension of all voyages by a month to May due to the coronavirus crisis that has worsened over the past few weeks.The brands - Holland America Line, Carnival and luxury cruise ship operators Seabourn and Cunard - together operate 49 ships.Carnival Corp, also the operator of two coronavirus-stricken Princess cruises, has already temporarily suspended several of its ships due to concerns over the rapidly spreading COVID-19 crisis earlier this month.“The impact of COVID-19 is affecting personal routines and businesses as
Holland America Line Extends Pause on Operations
Carnival-owned Holland America Line, owner and operator of the coronavirus-stricken MS Zaandam, announced it will extend its pause of global cruise operations for an additional 30 days, cancelling sailings scheduled to depart through May 14, amid continued port closures and travel restrictions surrounding global health concerns."As the world addresses global health concerns, travel has come to a temporary standstill as communities take necessary precautions to protect themselves," said Orlando Ashford, president of Holland America Line.
Cunard Extends Suspension of Cruises to May 15
Carnival Corp’s luxury cruise ships operator Cunard said on Monday it would extend the suspension of all voyages by a month to May 15 due to the coronavirus pandemic.Carnival, also the operator of two coronavirus-stricken Princess cruises, has already temporarily suspended several of its ships due to concerns over the rapidly spreading COVID-19 crisis earlier this month.“The impact of COVID-19 is affecting personal routines and businesses as well as placing significant travel restrictions around the world,” said Simon Palethorpe, president, Cunard.Cunard, which extended the suspension from Apr
South Africa Quarantines Two Ships
South Africa is holding the cruise liner MV AIDAmira and a cargo vessel off Cape Town after a crew member on board one of the ships showed signs of the coronavirus, national ports operator Transnet said on Tuesday.On Sunday President Cyril Ramaphosa declared a state of disaster and implemented urgent measures including travel bans to fight the pandemic.As of Tuesday, 85 people in South Africa have tested positive for the coronavirus, up 23 from the previous day and including eight local transmissions, the health ministry said. The local transmissions include a 2-year-old boy.Countries around the world have barred cruise liners from entering their ports…