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Pacific Sun sold to undisclosed buyers

  • Written by Kari Reinikainen
  • Category: Top Headlines

P&O Cruises Australia has sold the 1986 built Pacific Sun of 47,262 gross tons to undisclosed buyers. The ship will make its last cruise under the Carnival Corp & plc brand from Brisbane on 1 July next year, according to a report on news.com.au

The ship was built for Carnival Cruise Lines at the now defunct Kockums shipyard in Malmo in Sweden as Jubilee and transferred to the Australian company in 2004. Its sister ship Celebration that entered service in 1987 is currently trading as Grand Celebration of sister company Iberocruceros. All three companies are part of Carnival Corp & plc group.

P&O Cruises Australia continues to operate three former Princess Cruises’ vessels, Pacific Dawn, Pacific Jewel and Pacific Pearl, which were built between 1989 and 1991. All have received major refits prior to their entry into service with P&O Cruises Australia. Pacific Sun has recently been transferred under the Maltese flag, while the other three ships of P&O Cruises Australia fly the Red Ensign of the British merchant fleet.

Thomas Cook reports £398 million pre tax loss for 2010/11 financial year

  • Written by Kari Reinikainen
  • Category: Top Headlines

Thomas Cook plc, Europe's second largest tour operator, has unveiled a £398 million pre tax loss for 12 months to 30 September 2011 on revenues of £9.81 billion, compared to a profit of £42 million on revenues of £8.89 billion a year earlier, the company said in a statement.

 

Revenue increased 10% (8% at constant currency) to £9,809m on volume, price and mix gains and benefits from acquisitions;

Good performances in Central Europe, Northern Europe and Airlines Germany offset by a fall in UK profit and the impact of MENA disruption, particularly in France resulting in a 16% reduction in underlying profit to £304m;

Exceptional charges of £573m resulted in a loss before tax of £398m (2010: £42m profit). The charges are largely non-cash and include £428m of impairments and write-downs. Cash exceptionals were £90m (2010: £158m);

Free cash inflow improved by £50m to £18m despite the fall in profits;

Implementation of UK turnaround plan underway. Turnaround expected to deliver £110m annualised improvement in profitability, following a phased build-up over three years;

Further progress on asset disposals made, with the sale of five hotels in Spain, that will result in an estimated net debt reduction of £81m;

Cautious stance on winter capacity taken in UK, Central and West & East.

 

Sam Weihagen, Group Chief Executive, Thomas Cook Group plc said: “This has been a very challenging year for the Group, despite which we still delivered an underlying operating profit of over £300m. We have instigated significant management changes and implemented a turnaround plan in the UK to address our areas of underperformance. We continue to take action to substantially strengthen the balance sheet and the Board is undertaking a full strategic review. I am confident that these changes will improve profitability and build a stable foundation from which to rebuild shareholder value. Customers have been very supportive in recent weeks and are continuing to book with Thomas Cook. Bookings outside the UK were broadly unaffected by news of our refinancing and in the UK bookings have recovered well. For over 170 years Thomas Cook has provided customers with fantastic holiday experiences and we will continue to do so.”

 


Royal Caribbean International launches new global brand campaign, beckoning consumers to hear the call of the sea

  • Written by Teijo Niemelä
  • Category: Top Headlines

Royal Caribbean International today launched a new brand campaign that embodies the most inspirational element at the very core of the global cruise line’s offering … the sea. The campaign is aimed at reawakening consumers to the sights and sounds of the sea and conveys the relaxation, romance and adventure that only can be had on the open waters aboard a Royal Caribbean cruise vacation. The campaign will kick off with playful imagery of a conch shell as a phone – dubbed the “Shellphone” – and communicates the campaign’s decree: “The Sea is Calling. Answer it Royally.”

Through the new campaign, Royal Caribbean is addressing the emotional aspects and motivations for taking a vacation with the award-winning cruise line “The Sea is Calling. Answer it Royally.” engages consumers and invites them to explore their individual best selves on a Royal Caribbean ship. The new campaign speaks to the universal truths discovered through focus groups and quantitative research conducted in 16 countries around the world, where people feel a connection to the sea; where, at sea, one can feel detached from the hustle and bustle of daily life, and the responsibilities of taking care of everyone else; and that the Royal Caribbean brand conveys a sense of quality and best in class. Throughout, "The Sea is Calling. Answer it Royally." is presented in an easily relatable fashion through the playful and witty tone of voice for which Royal Caribbean has been known, particularly through the "Shellphone."

“We are tapping into the sea’s powerful, emotional force to reframe the context of cruising for consumers who don’t understand what a Royal Caribbean cruise vacation offers,” said Betsy O’Rourke, senior vice president, Marketing, Royal Caribbean International. “‘The Sea is Calling’ is a global-scale campaign that will resonate with people no matter where they live, what language they speak, or whether or not they’ve cruised before. And we want vacationers everywhere to know that Royal Caribbean’s distinctive and innovative ships, personal service and breadth of destination experiences is how we ‘Answer it Royally.’”

Created by Royal Caribbean’s lead advertising agency, JWT New York, in partnership with media agency Mindshare, the campaign will unfold over the coming weeks and officially launch in North America in January 2012, and then deploy globally throughout the new year. The Shellphone will begin appearing on Dec. 19 in a series of wild postings in major cities including New York, San Francisco, Chicago, Washington, D.C., Boston and Miami. Headlines incorporated in the teaser campaign, such as “Not 3G, Sea G” and “Our Rollover Plan: Tan Front, Then Back,” center on the Shellphone, driving curious consumers towww.TheSeaisCalling.com, where they will view the new brand campaign’s concept video that reminds them of the call of the sea and invites them to answer it with Royal Caribbean.

The official kick-off will be the airing of aspirational television commercials of everyday people interacting with the “Shellphone” (30-second and 60-second versions) beginning Jan. 9, 2012. Consumers also can answer the call of the sea by declaring where in the world they would like to cruise and be entered into a sweepstakes atwww.Facebook.com/RoyalCaribbean. More information about “The Sea is Calling. Answer it Royally.” is also available atwww.TheSeaisCalling.com.

Royal Caribbean has been committed to answering the call of the sea for the past 40 years, sailing every major sea in the world. With its history of creativity and innovation – delivering many at-sea industry firsts, such as ice rinks, rock climbing walls, zip lines and Broadway shows – the cruise line continues to strive to deliver to guests an unforgettable and rejuvenating experience that appeals to vacationers of all ages.

Royal Caribbean International is a global cruise brand with 22 innovative ships, calling on more than 270 destinations in 72 countries across six continents. The line also offers unique cruise tour land packages in Alaska, Canada, Dubai, Europe, and Australia and New Zealand.

UK private equity group Star Capital to buy Blohm + Voss civilian shipbuilding – report

  • Written by Kari Reinikainen
  • Category: Top Headlines

The civilian shipbuilding business of Blohm + Voss, which is part of the German engineering group Thyssen Krupp, has been sold to British private equity company Star Capital, the Reuters news agency reports.

"The Marine Systems supervisory board approved this today," one of the two people told Reuters on Friday. Star Capital declined to comment. The assets up for sale include three civilian shipbuilding units -- yacht-builder Blohm + Voss Shipyards, ship repair unit Blohm + Voss Repair and components maker Blohm + Voss Industries,” the report said. The naval shipbuilding activity is the company is not part of the deal.

The Blohm + Voss repair yard in Hamburg has recently refurbished Cunard Line’s Queen Mary 2 and P&O Cruises’ Oriana. Both companies are part of the Carnival Corp & plc group. The company is also a well known builder of megayachts. 

Star Capital says on its website that it invests in capital intensive sectors in Western Europe, with focus on companies that have an enterprise value between €100 million and €1 billion and are strategically positioned in their areas of business.

Norwegian to have four ships in Europe, three in Alaska during summer 2013

  • Written by Teijo Niemelä
  • Category: Top Headlines

Norwegian Cruise Line today announced its summer deployment for the 2013 season with the addition of a third ship in Alaska. Norwegian Sun, sailing seven-day open jaw itineraries between Vancouver, British Columbia and Whittier, Alaska, will join Norwegian Jewel and Norwegian Pearl in Alaska for the summer of 2013, marking the first time the company has offered three ships in Alaska since 2009. For a more in-depth Alaskan experience, the company is also introducing land packages that can be combined with Norwegian Sun's itinerary. The line's summer deployment also features four ships sailing in Europe, including the continuation of two year-round, along with two ships cruising to Bermuda.

These cruises* go on sale to Norwegian's top travel partners and Latitudes Rewards members (past guests) today, December 6, 2011, and to the general public on Thursday, December 8.
"Alaska, with its extraordinary beauty and wildlife, continues to be an extremely popular summer destination for cruisers and therefore there is a lot of demand for increased capacity and more varied and unique cruises," said Kevin Sheehan, Norwegian's chief executive officer. "With the strides made by the state government, we felt the time was right to add a third ship in Alaska, and give our guests the once in a lifetime opportunity to see more of this incredible destination. We've also added the option of extending their stay with a Cruisetour that will enhance their overall experience."

Alaska deployment

In Alaska, beginning May 20, 2013, Norwegian Sun's northbound itinerary departs Vancouver, British Columbia on Mondays, and will cruise the Inside Passage, Glacier Bay and Hubbard Glacier and make stops in the Alaskan favorites of Ketchikan, Skagway and Juneau. On her southbound itineraries from Whittier, Alaska, the ship will cruise the Inside Passage, Sawyer Glacier and Hubbard Glacier, as well as making stops in Ketchikan, Skagway, Juneau and Icy Strait Point.

Beginning May 18, 2013, Norwegian Jewel will sail a series of 18 seven-day Sawyer Glacier itineraries from Seattle, Washington every Saturday with stops in Juneau, Skagway, and Ketchikan, Alaska; along with Victoria, British Columbia. Norwegian Jewel not only offers a fantastic itinerary, but also brings extra fun for the kids with Nickelodeon family programming. The 2,394 passenger Norwegian Pearl begins a series of 18 seven-day Glacier Bay itineraries from Seattle, Washington every Sunday with stops in Juneau, Skagway, and Ketchikan, Alaska; along with Victoria, British Columbia.

New for the 2013 summer season in Alaska are four Cruisetour options which provide the opportunity to combine a pre or post-cruise land package with Norwegian Sun's cruises from Whittier, Alaska. Ranging in length from four to six days, the Cruisetours feature two nights in Denali National Park and are fully escorted by a local Alaskan tour guide for the most authentic experience possible. Highlights of the Cruisetours also include a stop at an Iditarod sled dog musher's house (on four and five-night tours), along with a ride on the Alaskan railroad. More details on the Alaska Cruisetours will be available in early 2012.

Europe deployment

In Europe, Norwegian Epic will return for her third season, sailing seven-day Western Mediterranean itineraries from Barcelona beginning May 5, 2013 through October 14, 2013. The new Western Mediterranean itinerary features five ports of call in three countries -- Spain, Italy and France -- and a call to Palma, Majorca, Spain. Guests will also have the opportunity to sail round-trip from Rome (Civitavecchia), Italy or Marseille, France giving them the flexibility to choose the homeport that is more convenient for them. There is also a four-day Western Mediterranean sailing on May 1, 2013.

Norwegian Star will make her debut in the Baltic replacing Norwegian Sun and will offer a series of 15 nine-day Baltic Capital cruises from Copenhagen, Denmark. Some highlights of this popular itinerary include two full days in St. Petersburg, Russia and an afternoon cruise of the Stockholm Archipelago upon the ship's departure from Stockholm, Sweden. Rounding out the season, Norwegian Star will offer a unique 14-day Norway, Iceland and Faroe Island cruise from Copenhagen on September 19, 2013.

Norwegian Jade returns to Venice on May 4, 2013 for the summer season and will offer alternating seven-day Greek Isles and seven-day Adriatic, Greece and Turkey itineraries. In the fall/winter, Norwegian Jade will reposition to Rome (Civitavecchia) and offer a series of eight 10-day Eastern Mediterranean and nine 11-day Mediterranean & the Holy Land beginning on October 26, 2013 through April 12, 2014.

Beginning on April 17, 2013, Norwegian Spirit will once again sail the waters of the Mediterranean offering 12-day Grand Mediterranean open jaw itineraries from Barcelona, Spain and Venice, Italy through October 14, 2013. The comprehensive itinerary highlights the best of the Mediterranean with nine ports of call in five different countries including an overnight in Venice. On October 26, 2013, Norwegian Spirit begins a series of 20 nine-day Canary Island cruises. Guests will have the option to sail round-trip from Malaga, Spain giving them the flexibility to choose the homeport that is more convenient for them.

Bermuda deployment

In the summer of 2013, Norwegian Cruise Line will significantly increase its capacity in Bermuda with the arrival of its newest ship, the 4,000-pasenger Norwegian Breakaway, sailing a series of 22 seven-day cruises from New York, New York, beginning May 12, 2013. Departing on Sundays, the ship will spend three full days in Bermuda, along with three days at sea.
The newly refurbished Norwegian Dawn will return to Boston, Massachusetts for the summer on May 3, 2013 and will sail a series of 22 seven-day Bermuda cruises departing every Friday.

Hawaii deployment, Bahamas

Pride of America will continue as the only US-flagged vessel sailing among all four of Hawai`i's main islands. Because of popular demand for this itinerary, the company is opening Pride of America's seven-day Hawai`i inter-island cruises departing Honolulu, Hawaii every Saturday through April 18, 2015**. Ports of call include: an overnight in Kahului, Maui; Hilo, Hawaii; Kona, Hawai`i; an overnight in Nãwiliwili, Kaua`i; and an afternoon cruise of the breathtaking Nãpali Coast.

For a shorter cruise option, Norwegian Sky will continue sailing three- and four-day cruises to the Bahamas year-round from Miami through April 25, 2014. The three-day Bahamas cruise departs on Fridays and includes stops in Nassau, Bahamas and Great Stirrup Cay, Norwegian's private island in the Bahamas, which has recently received $25 million in enhancements, including a new dining facility, marina and expanded beachfront. On Mondays, the ship departs Miami on a four-day Bahamas cruise with stops in Grand Bahama Island, Great Stirrup Cay, Norwegian's private island; and Nassau, Bahamas.

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