UBM, owner and organiser of Cruise Shipping Miami, Marintec China, Sea Japan and other events serving the cruise and general maritime industries worldwide, announced its acquisition of Seatrade Communications Ltd.
Update adds brokerages' price comparisons with previous Princess newbuilds.
Princess Cruises reached an agreement with Fincantieri to build a ship to enter service in 2017. The 143,000gt vessel will be built at an all-in cost of €600m.
It is an ongoing, multi-year process to 'repair the damage done to the Carnival brand' as measured by price and net yields, Wells Fargo Securities said in a note following meetings between Carnival Corp. management and investors on Tuesday.
One of the nation's busiest cruise ports welcomed US Customs and Border Protection's decision to allow approved entities to reimburse the agency for expanded services to improve processing and inspection times. Port Everglades, along with the Port of Houston Authority and a number of airports and cargo terminal operators, were included in the initial selections for 16 new reimbursable services agreements.
Norwegian Cruise Line doubled its adjusted profit to 58 cents per share in the second quarter, the first with both Breakaway ships in service, and maintained its guidance for the full year. However, the Q3 outlook was disappointing.
Total ships: 28
Total berths: 91,515
Total Order Book Value:$22,105,948,000.00
Average Price Per Berth:$273,472