P&O Cruises Australia to lose newbuilding to Carnival Cruise Line
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 15 December 2016 15 December 2016
P&O Cruises Australia, the Australia and New Zealand focused contemporary market unit of Carnival Corporation & plc, will lose a 133,500 gross ton newbuilding on order to sister company Carnival Cruise Line, the company said in a statement.
Instead, Carnival Splendor will be transferred to the Australian company in the spring of 2019.
“A new 133,500-ton cruise ship, which will be the third vessel in the company’s Vista class series, will join the Carnival Cruise Line fleet in late 2019,” Carnival Cruise Line said.
The vessel will be the third Vista class ship in the Carnival Cruise Line fleet. Carnival Splendor, which was built in Italy in 2007, has a gross tonnage of about 113,300.
Pullmantur to axe Croisieres de France brand - report
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 09 December 2016 09 December 2016
Pullmantur, the Spanish tout and cruise operator in which Royal Caribbean Cruises, Ltd (RCCL) has a minority stake, has decided to close its Croisieres de France (CDF) brand that focuses on the French market, Mer et Marine (meretmarine.com) reports on its website.
The Spanish company that owns the brand has decided to focus its cruise business that employs four vessels that are owned by the RCCL group on its biggest and most profitable markets, which are Spain and Latin America.
CDF has an office in Paris and according to its website, it operates two ships, Zenith and Horizon, both build in the early 1990s for Celebrity Cruises. The Paris office would close in February, the report said.
TUI group’s Germany based brands deliver strong performance
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 08 December 2016 08 December 2016
The two Germany based cruise brands of TUI AG, the world’s largest travel company, have reported strong performance for the latest financial year, helped by turnaround of Hapag-Lloyd Kreuzfahrten
Hapag-Lloyd Kreuzfahrten, the luxury and expedition cruise unit that it 100% owned by TUI AG, increased its turnover ny 8.6% to €296.7 million. Average daily rate increased to €579 per person and occupancy rate increased by a fraction, to 76.8% rom 76.2%/
The premium market focused TUI Cruises, of which TUI AG owns half and Royal Caribbean Cruises Ltd (RCCL) the other half, recorded an improvement in daily rate to €171 from €169, while occupancy ratio dropped by 0.1 percentage points to 102.6%.
The group’s cruising activities generated a return on invested capital of 21.3%, which was four percentage points more than in the previous financial year. In the 2014-15 financial year, the figure was just 3.3% due to problems at Hapag-Lloyd Kreuzfahrten, which have since been dealt with.
Thomson Cruises in the UK, which is fully owned by the group, is not included in these figures, as it is part of the Northern Region business segment of the group.
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