Gerry Cahill, president and ceo of Carnival Cruise Lines, announced his retirement, effective Nov. 30, after 20 years at the Carnival group including as corporate cfo. No replacement has been named.
Norwegian Cruise Line management said the first quarter of 2015 will have tougher net yield yield comparisons with Q1 2014, which included lucrative ship charters, and because the future quarter has a slight industry capacity increase in the still-challenging Caribbean.
Jason Montague, cfo for Prestige Cruises, the parent of Oceania Cruises and Regent Seven Seas Cruises, will move to a new full-time role, leading the company's integration with Norwegian Cruise Line, Kevin Sheehan said Thursday.
Norwegian Cruise Line boosted third quarter profit by more than 29% on higher ticket pricing and on-board revenue plus the addition of Norwegian Getaway, and issued positive Q3 and 2014 guidance. The Prestige Cruises International acquisition is on track and expected to close in Q4.
Norwegian Cruise Line's new president and COO has cruised several times—but not on Norwegian yet, views service delivery as the competitive edge and says understanding the guest and what they're looking for is his starting point.
Total ships: 29
Total berths: 92,195
Total Order Book Value:$22,119,948,000.00
Average Price Per Berth:$270,179