12/20/12
Carnival reports lower Q4 profits

Miami
Carnival Corp. & PLC reported a large profit drop in the fourth quarter, but beat analysts' estimates after a dismal year haunted by the Costa Concordia capsizing in January
For the fourth quarter, the company reported profits of $93 million, or 12 cents earnings per share, on revenue of $3.6 billion. Carnival profits were down about 57 percent compared to the same period last year when it reported net income of $217 million, or 28 cents earnings per share, on revenue of $3.7 billion.
"As a result of the Costa Concordia tragedy in January, the past year has been the most challenging in our company's history," Arison said. "However, through the significant efforts of our brand management teams, we were able to maintain full year 2012 net revenue yields (excluding Costa) in line with the prior year. In addition, we drove down net cruise costs, excluding fuel, slightly and fuel consumption by four percent."
Arison said the company remains well positioned for a recovery next year. more...
12/18/12
Costa Concordia: Salvaging a shipwreck CBS 60 Minute
Isola Giglio, Italy
60 Minutes aired a special last night on the salvage of the Costa Concordia, giving viewers an inside look at Titan Salvage and Micoperi’s operation to remove the ship, in one piece, from the waters off the island of Giglio. For those who missed it, here it is for your viewing pleasure.
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12/14/12
Cruise Market Watch Announces 2012 Cruise Trends Forecast
Concordia sinking affects world wide cruise targets
The fallen vessel continues to impact the industry, according to a new report, which found the Costa Concordia and Euro debt crisis impacted all cruise line revenues by -5.1 percent for 2012 estimates.
The Cruise Market Watch 2013 Cruise Trends Forecast found Carnival Corporation saw the most impact, with actual revenue 9.1 below forecasted, while Royal Caribbean Cruises experienced a 2.5 percent dip.
Despite the drop in forecasted to actual revenue, passenger numbers climbed in 2013 by 5.6 percent compared, matching forecasted growth. more....
12/12/12
Costa Concordia: The Captain's Tale
cbc.ca
If you think you know what happened when the Costa Concordia went down - think again.
It's been nearly a year since the Costa Concordia cruise liner struck a rock and sank off the coast of Italy, leaving 32 passengers and crew dead. The captain is now facing possible manslaughter charges, and his ship is at the centre of the biggest salvage operation in history. As questions continue to swirl around who is to blame for the tragic maritime disaster, the fifth estate looks back at the sinking of the Costa Concordia, with the exclusive first in-depth television interview with Captain Francesco Schettino. Bob McKeown sheds new light on the sequence of events that led to the loss of the largest ship ever built in Italy, with black box recordings detailing events unfolding on the doomed ship before, during and after the crash.
Why didn't the captain tell everyone to immediately abandon ship? Why did he leave the vessel before everyone else was safely off?
"We were forced to go. Otherwise we would have died," Schettino says.
Hear the Captain's first-hand account about why he did what he did, as he tries to save his reputation, not to mention his freedom.
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12/05/12
Viking Ocean Cruises: orders two more Luxury ships from Fincantieri
Representing Viking Ocean Cruises was the company’s Chief Executive Officer, Torstein Hagen while Fincantieri was represented by its Chief Executive Officer, Giuseppe Bono.
At 47,000 gross tones with 472 cabins for a total passenger capacity of 944, the two vessels are destined to serve the market of smaller super-luxury ships. Delivery is scheduled for early 2015 and early 2016.
A crucial factor in Fincantieri’s successful bid was Export Banca, the system set up by SACE, Cassa depositi e prestiti and Simest to support Italian exports which enabled Fincantieri to offer the shipowner an attractive technical, commercial and financial package. The signing of this important agreement is proof that the Italian system is competitive and able to offer effective solutions for the export of capital goods, even in today’s turbulent financial markets.
Furthermore, Fincantieri and Viking are discussing further high profile joint projects, not only in the ocean cruise segment but also in the river cruise segment, in which Viking River Cruises is world leader.
12/04/12
MV VOYAGER - christening Ceremony today in Portsmouth
Portsmouth, UK
All Leisure Group plc, the UK based boutique and destinational cruise group, has welcomed a new chapter in its history with the arrival of the extensively refurbished ship mv Voyager ahead of its naming celebrations in the maritime city of Portsmouth.
The refurbished Mv Voyager officially joins the travel company’s cruise ship fleet on Tuesday 4 December under the Voyages of Discovery brand. The ship will enjoy a four-day showcase in the city, before sailing to the West Indies, and will return in summer 2013 offering four different discovery cruises from Portsmouth.
All Leisure Group plc first purchased the ship in 2009 and invested in a multi-million pound refit of the vessel using predominantly British design and manufacturing companies. The technical upgrades and the redesign took place in the Dorset port of Portland delivering a boost to the shipping-based economy in the area.
Passengers will board the ship in Portsmouth (UK) following its official naming ceremony to enjoy a circumnavigation of South America and the Caribbean on a remarkable five-month voyage taking in destinations such as Margarita Island in Venezuela, Puerto Cortes in Honduras, Manta in Ecuador, Callao in Peru, around Cape Horn, cruising the Amazon River in Brazil, the Cuban capital of Havana and back to Portsmouth via the Azores.
Fitting the adventure theme of the ship, mv Voyager will be named and christened in Portsmouth on 4 December 2012 by natural history, marine conservation, archaeology and wildlife TV presenter Miranda Krestovnikoff.
12/01/12
HNA launches China’s first cruise company
HNA Tourism Cruise & Yacht Management was launched at the HNA Marriot Hotel in Beijing this week, while the company also unveiled its first luxury cruise ship, named ‘Henna’.
With a capacity of 1,965 passengers and a range of onboard entertainment, Henna will welcome passengers for the first time on 26 January 2013, cruising from Sanya to Halong Bay and Danang in Vietnam. The company will also operate the ‘Island Construction I’ – a luxury mega-yacht.
“The cruise industry has great potential while the market is anticipated to be quite large. It is just starting out but is developing at a rapid speed in mainland China, including ancillary facilities and port construction,” said Zhang Hao, president of HNA Tourism Cruise & Yacht Management.
In 2011, mainland China received 262 international cruise ships, an increase of 17.5% year-on-year. These ships brought more than 504,500 visitors to China.
The cruise operation is the latest addition to HNA Group’s travel and tourism portfolio, which also includes Hainan Airlines, Hong Kong Airlines, Deer Jet, HNA Hotels & Resorts, Grand China Express International Travel and Grand China MICE.