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.
The transfer of ownership of the Concordia wreck from Costa Crociere to the Saipem/San Giorgio del Porto consortium was signed Sunday at 3.40 pm.
Ahead of Norwegian Cruise Line reporting second quarter financial results, Wells Fargo Securities voiced concerns about Caribbean pricing and the diminishing premium spread between the brand's two newest ships and its legacy fleet.
Strong close-in bookings for Europe and Asia pushed Royal Caribbean to a higher than expected second quarter profit, and the company raised its 2014 guidance while also outlining a strategy to achieve a double-digit return on invested capital and double earnings per share.
As the violent conflict in Israel continues, Costa Crociere became the latest line to cancel calls at Ashdod and Haifa.
Total ships: 28
Total berths: 91,515
Total Order Book Value:$22,105,948,000.00
Average Price Per Berth:$273,472