The TUI Group reported continued strong demand across all three of its cruise brands, TUI Cruises, Marella Cruises and Hapag-Lloyd Cruises, in the first quarter.
Half a year after selling a majority stake in Silversea Cruises to Royal Caribbean for $1bn, Manfredi Lefebvre d'Ovidio has teamed with his friend Geoffrey Kent to jointly acquire 100% of the Abercrombie & Kent Group of Companies.
Awilhelmsen—one of Royal Caribbean's founders—sold 4.8m shares of RCL common stock in a transaction that enabled the Arne Wilhelmsen family to become the sole owner of the Oslo-based private investment company.
A remarkable transformation of three vessels is taking place at Gulf Island Shipyards in Houma, Louisiana. There, a paddlewheeler is being built for American Queen Steamboat Co. (AQSC), and the two coastal vessels of Victory Cruise Lines are being refurbished under the new ownership of AQSC.
Update: RCL closed at $120.98, a gain of 8%.
Royal Caribbean shares shot up 6% in early trading Wednesday as the company beat profit expectations for the fourth quarter of 2018 and said its booked position is better than at this time a year ago, at higher rates.
Carnival Corp. & plc's boards declared a dividend of 50 cents per share.
Lindblad Expeditions Holdings plans to report 2018 fourth quarter and full year financial results on Feb. 28, before market open.
Fincantieri signed a preliminary agreement with Italian investment bank Cassa depositi e prestiti (CDP) and natural gas infrastructure company Snam aimed at identifying and implementing medium-term strategic projects for port facilities in Italy and sustainable technologies for maritime transport.