Carnival Corp. & plc's first quarter adjusted earnings per share of 49 cents beat Wall Street's 44-cent forecast and the company's own guidance of a range of 40 cents to 44 cents. Shares fell on the Q2 outlook and narrowed full-year guidance reflecting higher fuel costs and the negative impact of currency.
Carnival Corp. & plc plans to announce first quarter earnings on March 26.
Juneau and Cruise Lines International Association Alaska have reached an agreement that will end long-running litigation over how a $5 head tax and $3 per passenger port development fee are spent.
The Port of Seattle is seeking a partner to develop and operate a new single berth cruise facility at Terminal 46 by issuing a request for qualifications.
Crystal is preparing to say farewell to CFO Don Mason on April 1 as he leaves to join a company outside the cruise industry.
Fincantieri and Genova Industrie Navali (GIN)—the holding company founded in 2008 from the merger of two historical Genoa shipyards, T. Mariotti and San Giorgio del Porto—have reached a cooperation agreement covering areas ranging from newbuildings, to ship repair, conversions and outfitting.
A proposal to hit cruise lines with a new tax will add an unfair burden to the industry and drive up costs for both operators and passengers, Cruise Lines International Association Australasia has warned.
ASENAV shipyard in Valdivia, Chile, on Thursday launched Magellan Explorer, a 100-passenger expedition cruise ship for Antarctica21.