Oceania Cruises' fire-damaged Insignia will be out of service until March 22, missing the first three legs of its Around the World in 180 Days cruise. Parent company Norwegian Cruise Line Holdings estimated an impact of 5 cents per share in the fourth quarter of 2014 and in the first quarter of 2015, net of insurance proceeds.
According to international Maritime Organization regulations, ships trading in designated Emission Control Areas will have to use fuel with a sulfur content of no more than 0.1% from Jan. 1, down from the 1% in effect currently.
It's official: Florida's Port of Palm Beach will be getting a replacement ship for Bahamas Celebration, which was damaged after striking an object when sailing from Freeport Oct. 31.
Royal Caribbean Cruises Ltd. plans to retrofit 19 ships with scrubbers manufactured by Alfa Laval of Sweden and Wärtsilä of Finland, with additional companies being hired to execute the installations. Thirteen Royal Caribbean International ships and six Celebrity Cruises vessels will be retrofitted during scheduled drydocks and while in service.
As 2014 draws to a close, Chris Coates, commercial director of Cruise & Maritime Voyages, took time out of his hectic schedule to reflect on how the British-based operator has expanded these past twelve months in both the ocean and river sectors.
Total ships: 31
Total berths: 97,995
Total Order Book Value:$23,869,948,000.00
Average Price Per Berth:$272,214