Celebrity Cruises Names New CEO

Royal Caribbean Cruises, Ltd. today announced that Michael Bayley has been promoted to President and CEO of Celebrity Cruises, replacing Dan Hanrahan, whose departure was recently announced.  Bayley will report directly to Richard D. Fain, Chairman and CEO of Royal Caribbean Cruises, Ltd.   Bayley has been with Royal Caribbean for over 30 years, most recently […]

Royal Caribbean reports $3.6 million second quarter loss

In an earnings call earlier today Royal Caribbean Cruises LTD announced a second quarter loss of $3.6 million, compared to a $93.5 million profit the same quarter 2011. “The steady drumbeat of negative news emanating out of Europe is certainly having an impact,” said Richard D. Fain, chairman and chief executive officer.  Fain continued, “As […]

Fincantieri and Viking sign contract for ocean ships

Viking Ocean Cruises and Fincantieri have signed a contract for the construction of two super luxury cruise ships. Representing Viking Ocean Cruises was the company’s Chief Executive Officer, Torstein Hagen while Fincantieri was represented by its Chief Executive Officer, Giuseppe Bono. At 47,000 gross tones with 472 cabins for a total passenger capacity of 944,  […]