Cruise Lines 2017 Q2 Breakdown: Big Gains, Norwegian Delivers
Cruise Industry News takes a look at the financial performance of the “big three” following the second quarter of 2017.
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Cruise Industry News takes a look at the financial performance of the “big three” following the second quarter of 2017.
Posted in: News
Royal Caribbean’s Innovation Lab
Royal Caribbean’s new Innovation Lab takes the ship design process to new heights by bringing the best creative minds and the latest technology together under one roof. From engaging virtual reality rooms to collaborative work spaces, the cruise line’s new facility in Miami helps accelerate innovation and gives experts the ability to tangibly play and push the envelope before construction even begins.
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Royal Caribbean Cruises Ltd is to trial a new booking platform with more than 350 travel partners in the UK and Ireland, allowing them to book fly-cruise packages more quickly and securely. (cruiseandferry.net)
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Weather Decision Technologies and Royal Caribbean Cruises announced that the cruise company will implement WeatherOps risk mitigation system on each of its 47 vessels across all subsidiaries, including Royal Caribbean International, Celebrity Cruises and Azamara Club Cruises and in their emergency operations centers in Miami as of November 2017. (cruiseindustrynews.com)
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Royal Caribbean Cruises Ltd (RCC) has signed a deal with NAVTOR to install the innovative NavBox solution across its entire corporate fleet of 49 vessels. The deal, which spans the six different operating companies within RCC, will greatly simplify and enhance on-board navigational procedures, optimising efficiency, safety and compliance.
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It’s not the biggest cruise operator in the world, but Royal Caribbean Cruises can boast plenty of superlatives: It operates the largest individual cruise line by passenger capacity, sails the world’s largest cruise ships, and — last year at least — employed the most highly compensated CEO. (skift.com)
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Emile Macron, the new president of the French Republic, wants MSC Cruises and Royal Caribbean Cruises Ltd (RCCL) to become part owners of the cruise ship building yard in St Nazaire in France, the Le Monde newspaper reports on its website. (cruisebusiness.com)
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Broward County’s Port Everglades will be investing more than $100 million for a complete makeover of Cruise Terminal 25, which will continue to be a preferential berth for Royal Caribbean Cruises, Ltd. (RCCL) as part of a new long-term agreement approved unanimously by the Broward County Board of County Commissioners. (more…)
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Royal Caribbean Cruises has added what may be the first ever full-time cruise industry Chief Meteorologist to its operations team in Jim Van Fleet, who brings a broadcasting background to the position and has degrees in climatology and broadcast meteorology. (cruiseindustrynews.com)
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Cruise Industry News takes a look at the financial performance of the “big three” following the first quarter of 2017.
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Royal Caribbean Cruises, Ltd (RCCL), the world’s second largest cruise shipping group, has reported a string rise in first quarter net profit, with strong demand in Europe offsetting the negative impact of recent events in Korea. (cruisebusiness.com)
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Championing the value of travel agents as “the voice of reason” was Richard Fain, chairman and CEO, Royal Caribbean Cruises Ltd., who delivered the keynote address at Cruise360’s third General Session over the weekend. (travelagentcentral.com)
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Penang Port Sdn Bhd (PPSB) will collaborate with Royal Caribbean Cruises Ltd. (RCL) in a joint venture to upgrade and improve Swettenham Pier Cruise Terminal (SPCT) in Georgetown, Penang, to accommodate berthing of larger cruise ships at its facilities. (more…)
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Broward County’s Port Everglades has negotiated a Memorandum of Understanding (MOU) that provides the framework for a new long-term business agreement with Royal Caribbean Cruises, Ltd. (RCL) that will include complete, customized renovations of the Port’s Cruise Terminal 25 targeted for completion by October 31, 2018. (more…)
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Royal Caribbean Cruises Ltd. (NYSE:RCL) and 70 operators are celebrating the completion of a multi-year program aimed at increasing the number of sustainable tours available to the company’s five million annual guests. (more…)
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Royal Caribbean Cruises Ltd (RCL.N) will remove visits to South Korean ports from its China cruises, the firm said in a statement, amid rising tension between the two countries over Seoul’s deployment of a U.S. missile defense system. (reuters.com)
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Royal Caribbean Cruises Ltd. (NYSE: RCL) together with Miami-Dade County, today (March 8) broke ground for the new cutting edge cruise Terminal A at PortMiami. (more…)
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Royal Caribbean Cruises reported a huge boost in net earnings (U.S. GAAP) for 2016 at approximately $1.3 billion, or $5.93, per share on revenues of $8.5 billion. compared to net income of $665.8 million for 2015, or $3.03 per share, on revenues of $8.3 billion. (cruiseindustrynews.com)
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Using microservices architecture to decouple application functionality, Royal Caribbean Cruise Lines is overhauling an aging reservation system that sinks deeper as passengers come and go. (cio.com)
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Royal Caribbean Cruises today released a new sustainability report, which it said “documents the Company’s commitment to environmental stewardship and showcases improved efficiencies across its fleet.” (cruiseindustrynews.com)
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Royal Caribbean Cruises Ltd. (NYSE: RCL) announced it has received a perfect score of 100 percent for the second consecutive year on the 2017 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to LGBT workplace equality, administered by the Human Rights Campaign Foundation. (more…)
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Royal Caribbean Cruises (NYSE: RCL) declared a quarterly dividend of $0.48 per common share payable on January 5, 2017, to shareholders of record at the close of business on December 21, 2016. (cruiseindustrynews.com)
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A new Maritime Safety Research Centre (MSRC) was officially opened this week by the IMO Secretary General Kitak Lim, who looked at how the MSRC could play a role in the shift of maritime safety from empirical to risk-informed legislation and goal-based standards. (cruiseindustrynews.com)
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Royal Caribbean Cruises, Ltd (RCCL), the world’s second largest cruise shipping group, said its 2017 inventory has sold better than what was the situation regarding this year 12 months ago and that it is on track with its Double-Double goals. (cruisebusiness.com)
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Royal Caribbean is offering a new benefit for members of the National Career Association of Travel Agents (NACTA) with a new plan to sponsor $10,000 worth of American Society of Travel Agents (ASTA) membership dues for NACTA agents to become ASTA members. (travelagentcentral.com)
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An improved third quarter for Royal Caribbean Cruises was driven by slight increases in ticket and onboard revenue, while the company cut costs in a number of areas. (cruiseindustrynews.com)
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Royal Caribbean Cruises Ltd. (RCL) is rolling out the next phase of Espresso, the cruise industry’s leading travel agent reservation system, touting new and major capabilities for groups business with the cruise operator’s three major brands. (more…)
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In a path-breaking innovation for the Indian cruise industry, TIRUN, the exclusive pioneer in India representative for Royal Caribbean Cruises, has launched a one-of-its-kind reality application for all cruise enthusiasts. (sundayguardianlive.com)
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Royal Caribbean Cruises Ltd. (RCCL) has not only withdrawn all its brands from Brazil for the coming season, but also closed its offices in the country. (cruisebusiness.com)
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R11 Travel is responsible for all Royal Caribbean brands’ cruise sales in Brazil as of this month. The company is owned and led by Ricardo Amaral, who served as regional vice president for Latin America and Brazil for Royal Caribbean since 2009. (cruiseindustrynews.com)
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RCL Cruises has appointed Kathryn Valk as Director of Sales & Marketing, Neil Linwood as Director of Operations and Melinda Ryan as Head of Revenue & Planning, completing the new-look leadership team for Australia’s fastest-growing cruise company. (etbtravelnews.com)
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Second quarter earnings calls from Carnival Corporation, Royal Caribbean Cruises and Norwegian Cruise Line Holdings painted a differing picture of Caribbean capacity concerns. (cruiseindustrynews.com)
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Royal Caribbean Cruises, Ltd (RCCL), the world’s second largest cruise shipping group, says its booked position for the remainder of 2016 remains strong, similar to last year’s record levels. (cruisebusiness.com)
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Quintiq announced today that Royal Caribbean Cruises has selected its software solution to optimize the assignment of more than 80,000 crew members. (cruiseindustrynews.com)
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Royal Caribbean Cruises announced that it has signed a memorandum of understanding with STX France to build a fifth Oasis-class ship for delivery in the Spring of 2021, and two additional Edge-class ships scheduled for delivery in the Fall of each of 2021 and 2022. (cruiseindustrynews.com)
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Royal Caribbean’s Explorer of the Seas made her final call in Sydney over the weekend, officially marking the end of the summer cruise season for Australia – and Royal Caribbean’s biggest season yet. (etbtravelnews.com)
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Royal Caribbean Cruises Ltd. (RCCL), the world’s second largest cruise shipping group, said it had appointed Gavin Smith to the role of Senior Vice President International, effective immediately. (cruisebusiness.com)
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Royal Caribbean Cruises Ltd. reports that its adjusted earnings per share for 2015 rose 42 percent over the previous year, with a further increase projected for 2016. (travelagentcentral.com)
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