Lyall Duncan was promoted to general counsel, Windstar Cruises, following the retirement of Kirk Anderson, Windstar and Xanterra Travel Collection’s chief legal officer.
Lars Clasen, CEO of Cruise Saudi, confirmed the purchase of the former Genting Hong Kong ship World Dream but wasn't able to comment on the price.
Carnival Corp. & plc arranged a new forward starting $2.1b multi-currency revolving credit facility that will replace its existing multi-currency revolving credit facility upon its maturity in August 2024.
World Dream, previously part of Genting Hong Kong's Dream Cruises, has been sold to an unnamed buyer that multiple sources identified as Cruise Saudi.
The outgoing CEO of Carnival Corp. & plc, Arnold Donald, received compensation valued at $11.14m in 2022 while incoming CEO Josh Weinstein received $8.01m.
Cost-cutting was a key topic in Norwegian Cruise Line Holdings' fourth quarter earnings call, so one item that popped was $1.2b in extra ship contract costs.