Celebrity Millennium cruises cancelled up to mid-September
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 21 August 2013 21 August 2013
Celebrity Cruises says it has cancelled another four cruises of Celebrity Millennium after the ship had developed mechanical problems on an Alaska cruise earlier this week.
"A mechanical issue has made it necessary for us to perform unscheduled repairs on Celebrity Millennium. As a result, we are sorry to inform guests that we have had to cancel the following sailings:
• August 23, 2013 – cancelled
• August 30, 2013 – cancelled
• September 6, 2013 – cancelled
. September 13, 2013 – cancelled
We are deeply sorry for this unexpected and disappointing development in
our guests’ upcoming vacation," Celebrity Cruises said in a statement. The company had already cancelled the current cruise of the 91,000 gross ton vessel
The company, which is part of the Royal Caribbean Cruises Ltd (RCCL) group,says it offers a 100% refund to all passengers booked on the affected cruises plus a future cruise certificate..
Will Sapphire Princess be based at Shanghai June to August 2014?
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 20 August 2013 20 August 2013
It appears that Princess Cruises might base Sapphire Princess in Shanghai in China for about three months next year.
The company’s itineraries show a 25 night cruise from Los Angeles across the Pacific to Shanghai, with departure 18 May. The next published cruise of the ship will sail from Shanghai on 3 September, with Bangkok as destination. From there, it will sail on to Australia and in the winter 2015 head north to Singapore. The ship will have a season of about three months in the Asian port.
If Princess Cruises will offer a series of cruises from Shanghai next year, it would become the second brand of Carnival Corp & plc to do so. Costa Crociere has two vessels on the Chinese market, Costa Victoria and Costa Atlantica. However, Costa Atlantica will operate a 100 night around the world cruise from China next year and Costa Victoria will spend part of next spring inS ingapore, thus reducing the footprint of the Carnival group on the Chinese market.
Earlier this year, the Carnival group established Carnival Asia in Singapore to grow its business in the region, while Princess Cruises has said it will open a number of offices in China.
Huge increase in STX Offshore & Shipbuilding interim loss
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 15 August 2013 15 August 2013
STX Offshore & Shipbuilding, the troubled South Korean company that builds cruise liners and ferries in Finland and France, has reported a huge increase in net loss in the second quarter of the year.
Net loss widened to KRW2.8 trillion, equal to $2.03 billion, in the first three months of the year from KRW73.7 billion in the same period last year, reports in the shipping media say.
The company has suffered from weak cash flows, which has increased financing costs. At the end of July, its principal creditors agreed to provide a total of $1.9 billion in new funding to the company through a cash injection and debt to equity swap.
STX Offshore & Shipbuilding owns in full STX Finland that has two shipyards plus a 64% stake in STX France through STX Europe, an Oslo based subsidiary company. The group has put its European yards for sale and at Christmas, sold its remaining shares in a Singapore listed builder of offshore services vessels to Fincantieri in Italy.
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