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Thursday, July 31, 2014

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  • Lead Story
    Seatrade Communications acquired by UBM
    Michael Duck, UBM’s global maritime director and executive vp of UBM Asia (left), with Seatrade's executive chairman and owner Chris Hayman
    Seatrade Communications acquired by UBM

    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. 

  • Featured Story
    Princess orders 143,000gt ship for 2017 delivery

    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.

  • Featured Story
    Repairing 'damage' to Carnival brand yields will take multi-year effort: Wells Fargo

    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.

  • Featured Story
    Port Everglades hails US moves to speed CBP processing

    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.

  • Featured Story
    New ships drive doubling of Norwegian profit

    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.


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