Cruise port operator Global Ports Holding issued $330m of secured private placement notes to insurance companies and long-term asset managers at a fixed coupon of 7.87%.
Celebrity Ascent successfully completed its first open ocean sailing in the Bay of Biscay off Saint-Nazaire, with brother captains Demetrios and Tasos Kafetzis at the helm.
New Zealand’s family-owned Heritage Expeditions will offer photography workshops during three voyages aboard its 140-passenger flagship Heritage Adventurer in 2024.
While the cruise industry continues to carefully manage expenditures in the wake of pandemic losses, new regulations are calling on operators to reduce fuel consumption and lower their environmental impact.
