How to wave goodbye to carbon, in three simple steps
For maritime companies, the real issue is not zero carbon, it is figuring out how it changes the business and what to do
Sustainability
Alternative Fuels
In conversation with Antonio Paradiso of MSC Cruises
Following the recent industry-first net-zero maiden voyage and the lavish naming ceremony of MSC Euribia, MSC Cruises’ 184,000-gross-ton, 6,330-passenger newbuild,CruiseTimes editor Frances Gannon
Financial Analysis
Major cruise groups first-quarter business performance review. On course to profitability and growth
The first-quarter performance results of the current fiscal year published by the three major listed cruise groups decisively support the notion that the
Financial Analysis
New entrants may revive cruise industry IPO when time is right
By Kari Reinikainen The recent past has been financially challenging for the cruise industry. Listed conglomerates had to issue large numbers of shares
Financial Analysis
Inflation and high interest rates: Cruise industry shows resilience in macroeconomic turbulence
Inflation and high interest rates: Cruise industry shows resilience in macroeconomic turbulence By Kari Reinikainen In the recent past, inflation has hit multi-decade
Alternative Fuels
Methanol offers exciting prospects for cruise industry’s green drive
By Kari Reinikainen Methanol has been suggested as a fuel option for the cruise industry in its efforts to reduce its carbon footprint.
Sustainability
Sustainability drive makes progress, but cost issues weigh in
By Kari Reinikainen The cruise industry has been forced to raise billions in new debt to weather the Covid-19 storm and its aftermath.
Financial Analysis
Major cruise groups full-year performance review. Recovering in a complicated environment
The 2022 full-year business performance figures of the three major listed cruise groups told a story of unquestionable recovery. They also brought to
Financial Analysis
Independent cruise lines business performance review. A tale of two segments
Broadly speaking, the post-pandemic recovery of smaller cruise line businesses should follow the same path and pattern as that of major cruise groups.
Financial Analysis
That sinking feeling – cruise industry grapples with heavy debt burden
By Aaron Saunders Cruise lines survived the global health pandemic by taking on more debt. Now, they face a new challenge of paying
Orderbook Analysis
Ocean cruise newbuilding delivery and orderbook updates. New record and shrinking content
The total capacity of newbuildings delivered in 2022 set a new record, and the figure for 2023 is expected to surpass it by
Financial Analysis
Major cruise groups nine-month financial performance review. A profitable business again
The latest set of interim financial performance figures of the three major listed cruise groups demonstrated the sector’s strong and rapid recovery. They