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...Production lines are idle: they were last active in 2019, following an order by the South Korean government....
...first time the ship’s operator Ponant had attempted such a voyage, one only possible due the ice-breaking capabilities of the Charcot, a pioneering vessel launched in 2021 that has collaborated with the Norwegian...
...Their shares are up 141 per cent and 161 per cent, respectively, while smaller rival Norwegian Cruise Line has gained 77 per cent....
...Share moves to note on the New York Stock Exchange include Norwegian Cruise Lines, Hess, and Constellation Energy....
...Carnival shares fell more than 7 per cent during lunchtime trading in New York, while rival Norwegian Cruise Line dropped 3 per cent, making them the two worst performers in the S&P 500 on Friday....
...Management is forecasting that revenue will be in line with the prior year, but margins are showing positive signs....
...But some of the best-performing stocks of 2023 have been large cruise lines, now freighted with debt from pandemic shutdowns....
...Nearest subway stop is Houston Street Station on the 1 line, but West 4th St (A, C, E, B, D and F lines) is just a short walk away. How much? $20 per person....
...Norwegian Cruise Line upgraded its profit outlook after beating earnings expectations in its first quarter as travel demand remains strong amid higher prices....
...Hedge funds have lost more than $6bn this year betting against cruise lines and hotels after underestimating the resilience of US consumers....
...Carnival Cruise Line lifted its profit expectations for the fiscal year as higher prices and strong demand boosted earnings, but warned that the Baltimore bridge collapse would cause a $10mn hit to profits...
...The Strinda tanker was hit by an anti-ship cruise missile while passing through the strait, US central command said on Tuesday....
...Other companies: Constellation Energy, JM Smucker, Norwegian Cruise and Macy’s report earnings before the bell. Cava, eBay and Bumble will report after the bell....
...For her portrait of the 2017 CIA interview and arrest of whistleblower Reality Winner, director Tina Satter took every line direct from the official transcript....
...Carnival: Carnival Cruise Line will report earnings before the bell and is expected to report an increase in revenue on strong bookings....
...In 2019, some 2mn Chinese tourists took a cruise, compared with 14mn people from the US, according to the Cruise Lines International Association, an industry trade body....
...This year, 31.5mn passengers globally will take a cruise, rebounding above 2019 demand levels for the first time since the pandemic struck, according to projections by the Cruise Lines International Association...
...Rivals Norwegian Cruise Line and Royal Caribbean are also benefiting, as more holidaymakers return to the sea as the pandemic fades....
..., in line with its “asset-light” strategy, three people said....
...Soon we were itching to leave, so the morning we cast our lines off the dock and headed out of Las Palmas I felt a sense of relief — this was finally it....
...Tooling around Broome a few days before, I’d been worried that this four-day, five-night trip would be more cruise than adventure....
...Russian forces fired 64 cruise missiles, ballistic missiles and attack drones at targets around the country, with 44 of them shot down by air defence, Ukraine’s air force command said....
...Earlier this month, Russian defence minister Sergei Shoigu visited a plant in Nizhny Novgorod region where he inspected production lines....
...Russia fired two dozen cruise missiles at the Kyiv region in several waves from different directions, according to Serhii Popka, a local official....
...In it, the head of the Luftwaffe, Ingo Gerhartz, and three high-ranking air force officers are heard discussing various scenarios for deploying German Taurus cruise missiles in Ukraine....
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