Cruise news (money-tagged)

Fincantieri signs with Yucatan Mexico a new shipyard exclusive concession
On Tuesday, November 24, Fincantieri signed an LoI (letter of intent) with the Ministry of Economic Development and Labour of Yucatan State (Mexico...
November 25, 2020
Cruise Industry
Cruise industry faces $32 billion in economic activity lost
Last year, the cruise industry's contribution to the economy of the United States was on the rise, a new economic report by the leading industry...
November 23, 2020
Cruise Industry
Global Ports Holding signs Taranto Cruise Port concession deal
The world’s largest independent cruise port operator GPH (Global Ports Holding Plc) announced that Port Network Authority of the Ionian Sea had...
November 17, 2020
Cruise Industry
US Democrats ask CDC to resume its no-sail order on ship cruises
Two US Democrats asked the CDC agency's Director (Robert Redfield) to resume the "no-sail" order for cruise shipping on Friday, November 13, after a...
November 15, 2020
Cruise Industry
Palfinger Marine completes Allure of the Seas ship's drydock
Palfinger Marine’s US-based experts were able to attend RCI-Royal Caribbean's Allure of the Seas ship after the 2020 spring drydock season had...
November 14, 2020
Cruise Industry
CLIA cruise lines voluntarily extend ex-USA cruise suspension through 2021
CLIA (Cruise Lines International Association), which represents 95% of the world's ocean-going cruise shipping capacity, announced on Tuesday...
November 4, 2020
Cruise Industry
CDC lifts no-sail order, cruise stocks rise
Cruise stocks rose on Friday, October 30, after the USA's CDC agency announced it would replace the nearly 8-month old "no-sail" order with the less...
October 30, 2020
Cruise Industry
Port Canaveral reports US$18 million loss in 2019-2020 budget year
Port Canaveral (Orlando City, Florida) ended its 2019-2020 budget year with USD 18,36 million loss, attributing much of it to the pandemic. The CDC...
October 29, 2020
Cruise Industry
GPH-Global Ports Holding sells Port Akdeniz-Antalya to QTerminals
The world's largest independent cruise port operator - Global Ports Holding Plc (GPH) - announced that following a period of exclusive negotiations...
October 23, 2020
Cruise Industry
VIDEO: P&O Pacific Dawn is Ocean Builders' Crypto Cruise Ship MS Satoshi
The company that constructs “floating, off-grid seapod homes” - Ocean Builders, has bought the old Australian cruise ship Pacific Dawn...
October 14, 2020
Cruise Industry
Royal Caribbean Group to raise US$1 billion in new capital
RCG-Royal Caribbean Group unveiled plans on Tuesday, October 13, to raise US$1 billion in new capital, the latest effort by a cruise ship operator to...
October 14, 2020
Cruise Industry
Genting Hong Kong gets EUR 193 million from Germany's government
GHK-Genting Hong Kong, the biggest cruise operator in Asia, is to get EUR 193 million (USD 227 million) from the government of Germany for its German...
October 8, 2020
Cruise Industry
UK Cruise Industry develops new COVID-19 Framework for operators
The UK Chamber of Shipping (UK's trade association for passenger and cargo shipping industry) worked closely with the cruise shipping industry for 6...
October 6, 2020
Cruise Industry
France provides EUR 30 Million to aid ferry companies
France's Government will reimburse EUR 30 million (USD 35,5 million) in payroll costs to French ferry shipping companies that were severely hit by...
September 17, 2020
Cruise Industry
Contract awarded for two Brisbane ferry terminals
Brisbane City Council awarded a USD 25 million contract to a single supplier to construct a ferry terminal at Howard Smith Wharves as well as upgrade...
September 14, 2020
Cruise Industry