Cruise Industry News - Financial

Carnival Cruise Lines is reporting record wave season bookings, with strong reservations activity for 2010 departures. As a result of the strong booking volumes, a general price increase will be implemented effective March 22 for all summer sailings in June, July and August. - More

EBITDA in the fourth quarter improved to $37.4 million from $6.6 million and to $324.1 million from $228.1 million for the year - More

Luxury cruise specialist Crystal Cruises reports that soaring sales for its 2010 cruises continued through the end of January. Bookings for the month were 205% greater than for the same month in 2009. Additionally, to date, new-to-Crystal guests booked for 2010 are 89% of totals for all of 2009. - More

Fourth quarter 2009 net income increased to $3.4 million, or $0.02 per share, compared to net income of $1.5 million, or $0.01 per share in 2008. - More

American Cruise Lines announced today that its 4th quarter 2009 sales set a new company record. This quarter's sales increased by 96% over the 4th quarter of 2008, and 27% over the 4th quarter of 2007. - More

Royal Caribbean Cruises Ltd. (NYSE: RCL; Oslo) today announced it has arranged commitments for unsecured financing in the amount of up to USD 1,130,000,000 or 80 percent of the contract price of Royal Caribbean International's Allure of the Seas. - More

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) reported net income of $193 million, or $0.24 diluted EPS, on revenues of $3.2 billion for its fourth quarter ended November 30, 2009. Net income for the fourth quarter of 2008 was $371 million, or $0.47 diluted EPS, on revenues of $3.3 billion. - More

Third quarter EBITDA improves to $151.6 million from $141.5 million in 2008; Record setting Occupancy Percentage of 114.8%; Operating Income Margin increase of approximately 700 basis points - More

Norwegian Cruise Line announced today that it is proposing to issue $450 million aggregate principal amount of senior secured notes due 2016 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended. - More

Record Second Quarter EBITDA of $84.2 Million, Up 87% from $45.1 Million in 2008 - Record Second Quarter Net Income - Second Quarter Occupancy Tops 109% - More