Norwegian Cruise Line Holdings expects to raise guidance for the full year 2018 when it reports second quarter earnings in August. Further, the company anticipates the host of deployment changes announced today will add approximately 30 cents in incremental adjusted earnings per share in full year 2020.
KfW IPEX-Bank is providing approximately €786m to Carnival Corp. & plc for the construction of P&O Cruises' newbuild at Meyer Werft, due for May 2022 delivery.
Royal Caribbean Cruises Ltd. entered into a 364-day unsecured term loan agreement to finance part of the purchase price for a 66.7% stake in Silversea Cruises.
The Atlantic Canada Opportunities Agency (ACOA) announced a non-repayable contribution of $329,000 to fund the Atlantic Canada Cruise Association's marketing activities for three more years.
Carnival Corp. shares fell 10% in morning trading on Monday after the company reported record second quarter earnings but trimmed its outlook on fuel costs and currency exchange. It's the Caribbean, though, that appears to still be the hang-up for investors.
Carnival Corp. & plc turned in record second quarter results, passing both guidance and Wall Street's expectations, however the company tempered its third quarter and full-year outlook on higher fuel costs and foreign exchange.
Norwegian Cruise Line Holdings named Russell Galbut, an independent director, as chairman of the board, succeeding longtime director Walter Revell. In addition, retired USCG Rear Adm. Mary Landry was confirmed as an independent director.