Hints and tips:
...The Cruise Lines International Association forecasts that cruise passenger volumes this year will be 6 per cent ahead of pre-pandemic levels....
...Still, investors should worry about cruise lines running out of steam. Even after a huge rally, the stock prices of cruise companies are well below pre-pandemic levels....
...Robert ArmstrongThe number three and four best-performing stocks in the S&P 500 with total returns of 144 and 125 per cent, respectively, are Royal Caribbean Cruises and Carnival Cruise Lines....
...June 30 to July 22; Tickets and information here Festivals Mad Cool Festival, Iberdrola Music This eclectic four-day music festival returns with a line-up including Dua Lipa, Pearl Jam, Janelle Monáe,...
...Consider Carnival, the global cruise line. Before the pandemic, its total debt balance was just over $10bn. Today, Carnival sits a lower in the water, its debt has swelled to more than $35bn....
...And Carnival’s joint venture partnership with China State Shipbuilding Corporation, CSSC-Carnival, is set to have its first cruise ship to serve mainland China delivered in 2023....
...Clearing Corporation and triggered the meme stock trading halts....
...Holiday travel: Cruise line Carnival Corporation will provide a business update that could provide insight into consumer holiday travel....
...My hotel feels like a cruise ship. I got here at 9pm on a Sunday. Everybody was buzzed across the whole of the hotel. I love it. Robert ArmstrongIt’s also affordable....
...There’s a reason Cardi B’s song “Wap” — “He got some money, then that’s where I’m headed/Pussy A-1, just like his credit” — opens the film....
...“The cruise line industry has not done itself a lot of good” on the issue of overtourism and environmental impact, says Torstein Hagan, the founder and chair of Viking Cruises....
...Notable holdings include stakes in Aston Martin; Carnival, one of the world’s biggest cruise line operators; and Lucid, an electric vehicle manufacturer that is building a production plant in Saudi Arabia...
...I’d love to go into my studio every day, work on something for a few hours and then put it aside and have dinner or whatever....
...Carnival Cruise Line, a subsidiary of Carnival Corporation, said the week to April 3 was the busiest for bookings in its 50-year history....
...Start with the cruise lines....
...It strikes me that many countries are already required to try to regulate such outsized corporations, and I wonder what the upside is in this case — other than for cruise lines and equity investors....
...Norwegian Cruise Line Holdings fell 2.6 per cent, while Carnival Corporation moved 1.3 per cent lower....
...Carnival, which has been unable to operate in its core US market since March last year, last week said it finally expected to return three of its US-based cruise lines to service by July....
...On the same day Moody’s slashed Carnival Corporation’s credit rating and the World Health Organization declared Covid-19 a global pandemic, David Bernstein, the cruise company’s finance chief, was in the...
...The chief executive of the world’s largest cruise company has said that shrinking its fleet due to the pandemic will slow Carnival’s full recovery until 2023, as cruise lines battle prolonged lockdowns and...
...Cruise ship operator Carnival has been struggling all year to reduce interest costs, having issued notes with a 11.5 per cent coupon in April 2020 just to keep afloat. But its story is atypical....
...Earlier this week, Carnival Cruise Line threatened to move its ships abroad after announcing it had suspended voyages from US ports through to the end of June....
...Carnival Corporation, the world’s largest cruise line operator, said on Wednesday that it hoped to have all of its 90 ships running by the end of the year but would only have 12 per cent of the fleet in...
...Its net debt to estimated 2022 ebitda ratio is a scary 6 times, above Carnival Corporation’s near-5 times. But it is not alone in issuing healthy shipping forecasts....
...Consumption dipped by 8.6m barrels a day in 2020 but is expected to improve by 5.4m b/d this year....
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