Meyer Werft targets order for two major cruise ships – report
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 26 June 2014 26 June 2014
Joseph L. Meyer Werft, the German privately owned shipbuilder that is a leading builder of cruise liners, is close to winning an order for two major cruise ships, a German media report says.
“It concerns options for the construction of two further cruise liners. Therefore, the deal is not finalised yet,” the Ostfriesen Zeitung daily reported on its website. The planned vessels would be completed in 2018 and 2019.
The paper cited talks between the management and staff of the shipbuilder that were held earlier this week
At the moment, Meyer Werft is building two 163,000 gross ton Breakway plus class ships for Norwegian Cruise Line, the Miami based contemporary market operator, three 167,800 gross ton Quantum class vessels for Royal Caribbean International, the contemporary market unit of Royal Caribbean Cruises Ltd (RCCL) and two ships for Star Cruises.
Carnival extends losses at London opening on Caribbean woes
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 25 June 2014 25 June 2014
Shares in Carnival plc, the UK based holding company in Carnival Corp & plc group, extended losses on the London Stock Exchange on Wednesday morning after the dual listed Anglo-American company had on Tuesday warned of weakness in pricing in the Caribbean in the third quarter of its financial year.
Carnival plc fell about 2% in early London trading to £22.55. On Tuesday, they closed 1.6% lower at £22.76. In NewYork, Casrnival Corporation, the Panama domiciled and US based holding company fell 2.99% to close at $38.26
“Third quarter constant dollar net revenue yields are expected to be flat to down 1% compared to the prior year due primarily to a significant industry capacity increase in the Caribbean. Net cruise costs excluding fuel per ALBD for the third quarter are expected to be 1% to 2% higher on a constant dollar basis compared to the prior year,” the company said in a statement on Tuesday
“Based on the above factors, the company expects non-GAAP diluted earnings for the third quarter 2014 to be in the range of $1.38 to $1.44 per share versus 2013 non-GAAP earnings of $1.38 per share,” Carnival said.
Carnival shares fall in London and New York after interims
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 24 June 2014 24 June 2014
Shares in the two Carnival group holding companies fell on the stock markets in London and New York respectively after the company had published interim results for the second quarter of its financial year.
Carnival plc, the UK based and listed company, lost 1.56% to trade at £22.77 in late afternoon, local time. Shares in Carnival Corporation, the US listed and Panama domiciled company, saw its shares to fall 2.79% to trade at $38.31 in early morning, local time.
Both the FTSE100 leading share index in London and Dow Jones in New York had posted slight falls at the same time.
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