Norwegian Cruise Line Holdings Ltd. which is the third largest US cruise operator, has recently announced that it has agreed to acquire Prestige Cruise International in a deal valued more than $3 billion in cash, including the assumption of debts and about 20.3 million shares of common stock, according to some sources.
Committed financing for the deal is being provided to Norwegian Cruise by Continue reading
Several cruise lines have canceled port calls and changed itineraries to avoid areas in West Africa that could potentially be affected by Ebola virus. In spite the fact that most cruise lines don’t regularly visit West Africa, there still are a few lines that offer exotic voyages with port stops in the area.
Carnival’s Holland America Line has adjusted its 35-day “African Explorer” cruise which departs from Cape Town, South Africa on November 15 and sails to Southampton, United Kingdom. Continue reading
Port Canaveral plans to become an unidentified automaker’s major Southeast port of entry.
Plans to build a $75 million automotive import/export complex were approved by Port Canaveral commissioners last week, but only if the officials get a commitment from an automaker to use it. The automaker’s choice will be announced in late October or early November and it will start operating in May. Continue reading