Three Norwegian Cruise Line Ships Temporarily Call Norfolk Home
Three Norwegian Cruise Line ships are calling Norfolk, Virginia home while they wait to resume cruises. By Monday evening, Norwegian Spirit, Norwegian Encore, and Norwegian Bliss were docked at the Portsmith Marine Terminal. The vessels will stay docked along the pier with the exception of heading to sea to take on water and returning shortly […]
Norwegian Cruise Line Warns of Bleak Future
In a Securities and Exchange Commission filing on Tuesday morning, Norwegian Cruise Line Holdings (NCLH) issued a financial outlook signaling the company’s future looks grim if they are not able to lock down additional funding. The Good Private equity firm L Catterton invested $400 million into the company in exchange for a seat on the […]
Royal Caribbean Secures Additional Funding
Royal Caribbean Cruises Ltd. was able to secure an additional $220-million in liquidity from a European lender to help the company through trying times. According to a Securities and Exchange Commission filing on Monday afternoon, payments on Celebrity Edge, Celebrity Apex, and Symphony of the Seas have been deferred until April 2021. Like Germany, French lender, BpiFrance Assurance […]
Norwegian Frees Up More Cash to Weather Financial Storm
Norwegian Cruise Line Holdings (NCLH) has filed a Form 8-K with the Securities and Exchange Commission outlining work being done to free up more liquidity during the cruise industry shut down. Already, Norwegian has significantly reduced operating expenses in recent months. As we reported in March, many employees across various segments of the company have […]
Carnival Cruise Line Resumes Service August 1, Limited Capacity
(Update May 4, 2:58 p.m. ET) On Monday morning, Carnival Cruise Line issued a statement giving clarity as to which cruise ships will sail and when. According to the company, all North American sailings originally scheduled to depart between June 27 and July 31 will be cancelled. The new date on which Carnival plans to […]
Two Cruise Terminals Delayed Over Uncertainty
With uncertainty surrounding the future of cruising, plans for two cruise terminals have been put on hold. Both Seattle, Washington and Galveston, Texas, have opted to delay their already underway projects. Galveston, Texas At Royal Caribbean’s request, the Port of Galveston voted to defer the construction of the upcoming Terminal 3 until 2021. This pushes […]
Future Cruise Credit vs. Refund: Which Should You Choose?
Never before in the history of cruising has it been so important to understand the difference between Future Cruise Credits and a refund. Thousands of cruisers who had their vacations cancelled are having to decide which of these two options to take. The choice can impact how much you get back and even play an […]
7 Ways Cruise Ship Casinos Might Change
As the cruise industry works to figure out exactly what the future will look like aboard ships, one space in which they’ll be making major changes is the casino. Table games and slot machines are major money-makers for most cruise lines, but also potentially problematic in the age of social distancing. How Might Cruise Ship […]
New Cruise Terminal in Port Canaveral Takes Shape [VIDEO]
One of Florida’s largest cruise ports, Port Canaveral is the homeport for nearly a dozen ships and acts as a port-of-call stop for many more. Always keeping up with the latest and the greatest and never satisfied with eh status quo, Port Canaveral is set to debut the stunning new $163 million Cruise Terminal 3 […]
The Thing Cruise Lines Must Do Better Moving Forward
Hey, cruise lines, we need to have a little talk. Now, you’re not going to like what we have to say, but it’s time for a bit of tough love. Because over the past few months, there has been one way in which even people like us — your staunchest supporters — have been left […]