Princess Cruise Business Is Strong

Thursday, October 14, 1999
Peninsular & Oriental Steam Navigation Co. said its Princess Cruises business performed strongly in the third quarter with occupancy reaching 103.8 percent from 101.7 percent a year earlier. P&O Cruises (U.K.) had occupancy of 99.7 percent against 99.9 percent. Princess yields for the year to date were in line on a like-for-like basis with last year despite a 24.4 percent increase in capacity, it added. P&O said demand for cruises -- which account for some 40 percent of group operating profit -- remained high with Princess bookings for 2000 particularly strong in the Caribbean and Alaska. P&O Cruises (U.K.) bookings for 2000 were also progressing well with yields in line. Princess Cruises includes nine ships operated from the U.S. and one in Australia. P&O Cruises covers three British-based ships and the Swan Hellenic ship Minerva.
Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Cruise Ship Trends

TUI Cruises Orders 2 More Ships from Meyer Turku

Meyer Turku to build Mein Schiff 7 and 8 for TUI Cruises  TUI Cruises GmbH and Meyer Turku Oy signed an agreement for the construction of two new cruise ships,

Transnet Awards Bid for Cape Town Cruise Terminal

Transnet National Ports Authority awarded the V&A Waterfront (Pty) Ltd the status of Preferred Bidder for the development of a cruise terminal at the Port of Cape Town, Transnet said on Tuesday.

Cruise Ship Collides with Tanker off Gallipoli

A Celestyal Cruises ship suffered structural damage to its bow and was forced to dock at Turkey’s port of Gallipoli after it collided with the Marshal Islands-flagged

Finance

Charleston Harbor Deepening Gets US Funding

Charleston Harbor deepening project earns key federal funding for preconstruction engineering and design; U.S. Army Corps of Engineers allocates $1.303 million

Chinese PM Inks 2 Agreements During CMA CGM Visit

The CMA CGM Group hosted the Chinese Prime Minister, the French Foreign Affairs Minister and a ministerial delegation at its headquarters in Marseilles, July 1, the global shipping company announced.

Shell Green Lights GoM Field After Cost Cuts

Royal Dutch Shell has given the green light for the development of its largest platform in the Gulf of Mexico after making steep cost cuts which made the deep water

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2100 sec (5 req/sec)