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
Royal Caribbean’s Ovation of the Seas started construction at Mayer Werft shipyard in Papenburg, Germany where Quantum of the Seas and Anthem of the Seas are being built, too.
The first piece of steel was cut and the construction of the third Quantum-class cruise ship officially began, Royal Caribbean announced a few days ago. Continue reading
When Quantum of the Seas debuts this fall, it will be the most futuristic and technologically advanced cruise ship ever to sail, Royal Caribbean Cruises chairman and CEO Richard Fain and technology expert David Pogue revealed at a news conference last Monday at the Meyer Werft shipyard. They unveiled a number of technological advancements created to improve the passenger experience. Continue reading
Royal Caribbean Cruises Ltd. has signed an agreement with Taiwan International Ports Co. to build a cruise ship pier on a scenic island group in the Taiwan Strait.
The $33.3 million pier will be Royal Caribbean’s first construction project in Asia. Continue reading