RCL Profits Up 18.5%

Thursday, October 19, 2000
Royal Caribbean Cruises Ltd. reported an 18.5 percent leap in third quarter profits to a record and said that industry fundamentals were strong despite competitive pricing. Miami-based RCL, the world's second largest cruise operator, said third quarter net income rose to a record $201.5 million, or $1.04 per share, from $170.0 million, or $0.92 in the same period of 1999. Revenues rose to $835.2 million from $734.5 million. For the nine months to September 30, net income rose to $415.3 million, or $2.15 per share, from $345.5 million, or $1.88 per share. Revenues rose to $2.20 billion from $2.00 billion.
Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Cruise Ship Trends

Cruise Industry Wins Key Norovirus Judgment

In what is being seen as a landmark decision, Hill Dickinson is the first law firm to have successfully defended a UK class action case involving a Norovirus outbreak onboard a cruise liner.

Royal Caribbean's Profit Rises 34 Percent

Royal Caribbean Cruises Ltd, the world's second-largest cruise operator by revenue, reported a 34 percent rise in quarterly profit as passengers spent more onboard

Long Beach Port Celebrates Environmental Successes

Shipping lines, environmental organizations, trucking companies, terminal operators and a railroad were honored today, July 29, by Long Beach Mayor Dr. Robert

 
 
Maritime Security Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction Sonar Winch
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: 0.1659 sec (6 req/sec)