Norwegian Cruise Line Holdings reduced its fourth quarter loss and returned to a full-year profit for the first time since the pandemic. Shares rose 9% pre-market open.
The Australian government gave the green light for border agencies to work on securing First Point of Entry (FPOE) status for the Port of Broome in Western Australia.
Sentencing commenced in the Environment Court of New Zealand on Monday of tour operators and the owners of White Island where a volcanic eruption in December 2019 killed 22 people and left many with horrific burns.
American Queen Voyages is up for sale with parent Hornblower Group getting a new majority owner, Strategic Value Partners, a global alternative investment firm.
Global Ports Holding's San Juan Cruise Port subsidiary, a public-private partnership, raised $187m through a bond issue to begin the first phase of its development.
Viking is considering an IPO to raise at least $500m, according to a Bloomberg report.
Norwegian Cruise Line Holdings plans to announce fourth quarter financial results Feb. 27.
Higher occupancy and significantly higher average rates for cruises contributed to TUI Group's first quarter record €4.3b revenue and positive underlying EBIT of €6m.
The Bahamas' intent to collect 10% VAT for goods and services cruise lines provide on their private islands has left the industry 'shell-shocked.'