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.
Belize—believed to be the only cruise destination currently mandating an extra layer of Ebola screening for passenger ships—has expedited the process to reduce clearance delays, according to cruise operators.
Hurtigruten's board is recommending shareholders accept an offer of 7 Norwegian kroner per share, or a total of Nkr2.94bn ($440m), for the company. The offer is from funds managed by TDR Capital, a London-based private equity firm, and Silk Bidco, a joint-venture vehicle created by Hurtigruten majority shareholders Petter Stordalen of Home Invest and Trygve Hegnar of Periscopus.
The operating company of the cruise ship Deutschland has filed for insolvency. MS Deutschland Beteiligungsgesellschaft submitted its application to Eutin District Court on Wednesday.
Total ships: 29
Total berths: 92,195
Total Order Book Value:$22,119,948,000.00
Average Price Per Berth:$270,179