Legend of the Seas Floats Out at Meyer Turku

Legend of the Seas Floats Out at Meyer Turku

Meyer Turku hosted a festive ceremony on August 29, 2025, to celebrate the float out of Royal Caribbean International’s new Legend of the Seas.

According to a press release, the traditional float-out ceremony included speeches by representatives of the shipyard and the cruise line, as well as a gun salute and a playful competition to open the water valves of the construction basin in Finland.

During the weekend following the ceremony, the new 250,800-ton ship was moved to the outfitting dock, where finishing work will continue for another year.

“The Legend of the Seas continues the state-of-the-art Icon Class, which allows the Finnish maritime industry to showcase its unique expertise at its best,” said Casimir Lindholm, CEO of Meyer Turku.

“The shipyard, Royal Caribbean and an extensive network of partners work together to develop the processes and concepts from ship to ship. Alongside its sister ships, the Legend of the Seas will also mark an important milestone in increasingly responsible shipbuilding,” he added.

At 365 meters long, nearly 50 meters wide, the 248,000-ton LNG-powered vessel is the third ship in Royal Caribbean’s Icon class.

The first in the series, the Icon of the Seas, was delivered to the brand in November 2023, followed by the Star of the Seas in July 2025.

The fourth Icon Class ship, currently under construction at the shipyard and yet to be named, will be completed in 2027.

According to Meyer Turku, Royal Caribbean’s agreement with the shipyard also includes options to build fifth and sixth Icon Class ships.

Set to spend its inaugural season in the Mediterranean, the Legend of the Seas will be delivered to Royal Caribbean in the summer of 2026.

Following initial itineraries in Europe, the ship is scheduled to debut in the United States ahead of sailing in the Caribbean during the 2026-27 winter season.

Norwegian Epic to Debut Enhancements Ahead of European Season

Norwegian Epic to Debut Enhancements Ahead of European Season

The Norwegian Epic will debut noticeable enhancements ahead of its upcoming summer season in Europe, Norwegian Cruise Line said in a press release.

According to the company, the 2010-built ship is currently undergoing a three-week dry dock, which is set to end on May 8, 2025.

Renovations include eight new cabins, a new hot tub on Deck 18, in addition to a refreshed Kids’ Aqua Park that replaces Splashgolf.

The new space provides more fun-in-the-sun activities for adults and children alike, the company said.

The ship’s Vibe Beach Club is being expanded to offer an additional hot tub, as well as more lounge chairs. Replacing the Posh Beach Club, the adults-only outdoor deck will also offer new private cabanas.

The drydock plans also include the addition of eight new staterooms – a combination of balcony and ocean-view cabins.

“Delivering the best vacation experience for our guests, where they have the freedom and flexibility to do more of what they love, is, and will always continue to be our goal,” said David J. Herrera, president of Norwegian Cruise Line.

“By listening to guests’ feedback, we are excited to provide them with MORE to do on board starting this summer as Norwegian Epic sets sail for Europe,” he added.

After completing its drydock, the Norwegian Epic launches a series of cruises to the Mediterranean and the Greek Isles.

The ten- and 11-night cruises sail from Civitavecchia, the port of Italy’s capital city, Rome, and visit a wide range of destinations, including Mykonos and Santorini.

According to Norwegian, the itineraries also sail to historic cities such as Naples, Catania, and Florence/Pisa (Livorno), Italy.

After its summer deployment in Europe, the Norwegian Epic sets sail to the Caribbean for cruises departing from San Juan, Puerto Rico.

The Southern Caribbean itineraries include visits to Tortola, British Virgin Islands; St. John’s, Antigua; Bridgetown, Barbados; Castries, St. Lucia; Philipsburg, St. Maarten; and St. Thomas, U.S. Virgin Islands.

 

Carnival Sunshine Drydocking in Europe

Carnival Sunshine Drydocking in Europe

The Carnival Sunshine is drydocking ahead of arriving at its new homeport in Norfolk, Virginia.

After completing a final cruise from Charleston earlier this month, the vessel started a trans-Atlantic crossing to France on January 4, 2025.

The Carnival Cruise Line ship was expected in Marseille for its shipyard stay on January 15, 2025.

During the routine drydock, the 2,964-guest ship will undergo technical maintenance, in addition to class work and general upkeep of its hotel spaces.

After the project, the 1996-built vessel is set to return to North America for a series of cruises departing from Norfolk starting in mid-February.

As part of its new deployment, the Carnival Sunshine is scheduled to sail from the Virginia homeport on a year-round basis, offering six- to eight-night cruises to the Bahamas and the Caribbean.

The Carnival Sunshine is also set to make regular visits to two of Carnival Corporation’s private destinations in the region: Half Moon Cay and Princess Cays.

After offering itineraries to Bermuda during the summer, the vessel adds visits to Carnival Cruise Line’s new private destination, Celebration Key, in late September.

Originally built as the Carnival Destiny, the Sunshine underwent a major refurbishment project in 2013, which essentially rebuilt its interiors and public areas.

Holland America’s Rotterdam Returns to Fort Lauderdale for Winter Season

Holland America’s Rotterdam Returns to Fort Lauderdale for Winter Season

Holland America Line’s Rotterdam returned to Fort Lauderdale’s Port Everglades to kick off its winter season in the Caribbean.

After completing a summer deployment in Europe, the vessel docked at Port Everglades on Oct. 27, 2024.

To open its season in the region, the Rotterdam is offering a 12-night cruise to the Southern Caribbean and Panama Canal.

Named “Panama Canal Sunfarer,” the itinerary features visits to six destinations, as well as a partial transit of the Panama Canal.

After departing Fort Lauderdale, the 2021-built ship sailed to Holland America’s private island destination in the Bahamas, Half Moon Cay.

The Rotterdam then visited Willemstad in Curaçao and Cartagena in Colombia before entering the Panama Canal.

Before returning to South Florida, the ship is also scheduled to sail to Colón in Panama, Puerto Limón in Costa Rica and George Town in the Cayman Islands.

Through mid-April, the Rotterdam continues to offer a series of seven- to 12-night cruises to the Caribbean.

The itineraries also sail to the Eastern Caribbean and feature visits to additional destinations, such as Grand Turk (Turks and Caicos), Puerto Plata (Dominican Republic), San Juan (Puerto Rico), and St. Thomas (U.S. Virgin Islands).

Following the winter season, the Rotterdam is scheduled to return to Europe for a summer program sailing from the Netherlands.

The cruise program features departures from Rotterdam and Amsterdam, with itineraries that visit Scandinavia, Iceland, the British Isles, the Baltic, and more.

The Rotterdam is currently the newest ship in the Holland America Line fleet. It was built by the Fincantieri shipyard in Italy and entered service in late 2021.

A sister to the 2016-built Koningsdam and 2018-built Nieuw Statendam, the 2,650-guest ship is the seventh in the company’s fleet to carry the Rotterdam name.

As part of Holland America’s Pinnacle Class, the vessel offers 11 different dining experiences, as well as a series of entertainment venues and other facilities.

Disney Dream Enters Drydock in France

Disney Dream Enters Drydock in France

Disney Dream in the historic city of Liverpool, Photo credit Spacejunkie2 Flickr Images

The Disney Dream is currently in drydock at the Damen Shipyard in Brest, France, to undergo a series of significant upgrades.

After completing its summer program in Europe, the Disney Cruise Line vessel arrived at the facility on September 16, 2024.

In addition to routine maintenance, technical work and class items, the Disney Dream will see refurbishment of its public areas during the month-long dry dock.

As part of the project, the 2011-built ship is getting a new funnel suite, as well as revamped youth spaces, a refreshed spa, and additional dining options.

Named the Dream Tower Suite, the duplex funnel suite is being created on the vessel’s forward funnel and pays homage to Walt Disney Animation Studio’s Fantasia movie.

According to Disney Cruise Line, the stateroom will feature Art Deco motifs, celestial-inspired designs and a chandelier reminiscent of a scene from the movie.

The Disney Dream is also receiving a new Concierge Lounge inspired by Disney Animation’s Hercules and Mount Olympus.

Other new features include a new Mexican cantina restaurant, a revamped spa, which is receiving more treatment rooms, and a new check-in room.

The youth areas onboard will also undergo renovations, with Edge, the tween club for guests aged 11-14, moving to Deck 5 and getting an outdoor deck equipped with a ball pit and more.

After completing the work, the Disney Dream is set to welcome guests back in Southampton for a trans-Atlantic crossing.

Sailing from England to Fort Lauderdale, the 13-night repositioning voyage will depart on October 20, 2024.

Starting in early November, the ship will offer a series of three- to five-night cruises to the Caribbean and the Bahamas, departing from Port Everglades.

In addition to Castaway Cay, the itineraries feature visits to Disney’s new private island destination of Lookout Cay at Lighthouse Point.

MSC Magnifica to Reposition to Europe in 2025

MSC Magnifica to Reposition to Europe in 2025

MSC Magnifica berthed in Queensferry, Photo credit Spacejunkie2 Flickr

Previously scheduled to offer short cruises to the Bahamas, the MSC Magnifica is now set to sail in Europe during the summer season of 2025.

Joining MSC Cruises’ lineup in the Western Mediterranean, the 2010-built cruise ship will offer a new seven-night itinerary to Italy, France, and Spain.

The itinerary, which is set to run between early May and early October 2025, includes visits to Genoa, Marseille, Valencia and Tarragona.

With only one day at sea, the itinerary also includes stops in Civitavecchia and Livorno, from where guests can visit Rome and Pisa, respectively.

Following the summer program, the MSC Magnifica is scheduled to offer varying itineraries in the Western Mediterranean before kicking off MSC Cruises’ 2026 World Cruise.

Taking over the global voyage from the MSC Poesia, the 2,550-guest vessel is set to depart from Genoa on January 6, 2026.

During the 119-day world voyage,, the 89,600-ton ship is scheduled to travel 36,000 nautical miles and visit 47 destinations in 32 countries and five continents.

Currently sailing from PortMiami, the MSC Magnifica has been offering three- and four-night cruises to the Bahamas and Florida since late 2023.

In addition to Nassau, Freeport, and Key West, the vessel’s itineraries also include visits to MSC Cruises’ private island destination, Ocean Cay MSC Marine Reserve.

Now, the MSC Seascape is scheduled to offer three- to seven-night cruises to the Caribbean and the Bahamas departing from PortMiami in 2025.

After entering service next April, the 5,400-guest MSC World America is also set to sail from the South Florida homeport on a year-round basis.

MSC Cruises fleet in the United States for the summer of 2025 also includes the MSC Meraviglia sailing from New York City and the MSC Seashore sailing from Port Canaveral.

Virgin Voyages Repositioning Update: Ship Heading Around Africa

Virgin Voyages Repositioning Update: Ship Heading Around Africa

Virgin Voyages is making deployment changes for the upcoming repositioning voyage for the Resilient Lady. The vessel will now sail from Australia to Europe, heading around Africa, and not transiting through the Middle East.

“We remain concerned about potential escalations in this part of the world over the next 12 months and the risk that this presents for safe passage through the region. As a result, we have been left with no choice but to make changes to Resilient Lady’s repositioning voyage taking place on March 27,” the company said.

“In place of her former repositioning voyages, the award-winning Resilient Lady will now be departing from Sydney, embarking on an iconic, once-in-a-lifetime sailing around the coast of Africa with a brand new route stopping in Eden and Fremantle (Perth) in Australia, Port Louis (Mauritius Islands), Durban and Cape Town (South Africa), Walvis Bay (Namibia), Praia (Cape Verde), Santa Cruz de Tenerife (Spain), Casablanca (Morocco), Barcelona (Spain), Valletta (Malta), as well as Santorini and Piraeus (Athens) in Greece — all with extended time at sea,” the company said.

“All passengers on these former three legs of the repositioning voyages will have guaranteed spots on these sailings at no additional cost and a price protection commitment in place. If these dates are not convenient, they can receive a Future Voyage Credit based on their paid balance or a full refund. We know that based on our conversations with passengers and travel partners, they understand the complex geopolitical challenges that have arisen making this change necessary. In addition to this, we are committed to remaining a good partner to our First Mates (travel advisors) and will be protecting their commissions.

“With the very likely continuation of this escalated regional conflict top-of-mind, and in an effort to minimize further disruptions to our passengers’ future vacation plans, Virgin Voyages is now conducting a full review of other geographically similar repositioning voyages and linked sailings. We will provide an update in the coming weeks on any further changes we will need to make.”

Norwegian Cancels Most 2025 Cruises on Norwegian Sun

Norwegian Cancels Most 2025 Cruises on Norwegian Sun

Norwegian Cruise Line has cancelled sailings on the Norwegian Sun between March and November 2025, according to a letter sent to travel advisors and booked guests.

“As a result of a fleet redeployment, Norwegian Sun’s sailings from March 28, 2025 through and including November 3, 2025 have been canceled,” the company said.

The cancellations amount to 22 sailings, and Norwegian was quick to note the Norwegian Sky will be offering similar cruises during the same timeframe.

The sailings ranged from week-long cruises to two weeks and more, in Europe and the Middle East.

The ship’s current published deployment ends in late March 2025 in Singapore.

Update:

“As part of a fleet redeployment to accommodate strong demand for longer more immersive itineraries in exotic destinations, we have canceled Norwegian Sun’s sailings from March 28, 2025 through and including November 3, 2025,” said a statement from Norwegian Cruise Line.

“We will be redeploying her, and her new enhanced itineraries will be available to book soon. All changes are being communicated to impacted guests accordingly. We understand the inconvenience this may cause and we appreciate the understanding of our loyal guests and travel partners as we navigate this fleet redeployment and optimization.”

Royal Caribbean and Norwegian: Differing Strategies on Caribbean Cruises

Royal Caribbean and Norwegian: Differing Strategies on Caribbean Cruises

Royal Caribbean International and Norwegian Cruise Line are taking different business approaches when it comes to Caribbean deployment.

Caribbean itineraries will make up roughly 65 per cent of Royal Caribbean’s deployment this year, compared to approximately 33 per cent for Norwegian Cruise Line, according to the 2023 Cruise Industry News Annual Report.

Next year those numbers should climb for Royal Caribbean, which will put the Icon of the Seas in the year-round Caribbean market, sailing week-long cruises from Miami in January. That will be followed by the Utopia of the Seas, which will sail short voyages year-round from Port Canaveral, with the Miami-based cruise line betting big on the Caribbean cruise market, including the short cruise business.

“Utopia will be the first Oasis-class ship that will be entirely focused on short cruises in the Caribbean, supporting our strategy of competing with land-based vacation alternatives and driving new-to-cruise customers into our vacation ecosystem as we seek to close the value gap,” said Jason Liberty, president and CEO of Royal Caribbean Group, on the company’s second-quarter earnings call in July.

Norwegian Cruise Line has taken the opposite approach.

Norwegian’s short cruise portfolio, which account for 25 per cent of its deployment in 2019, will make up just seven per cent of cruises in 2023, according to the company’s second-quarter earnings presentation.

It also means Caribbean deployment is down some nine per cent this year when compared to 2023.

“We strategically shifted our deployment to longer, more immersive itineraries at the Norwegian Cruise Line brand and increased our concentration of premium destinations while reducing our Caribbean deployment,” said Harry Sommer, president and CEO of Norwegian Cruise Line Holdings, speaking on the company’s second-quarter earnings call.

“This was designed to attract a higher quality guest and maximize our competitive position.”

CFO Mark Kempa noted: “This is really about yield and EBITDA where we believe being in more premium itineraries that are booked further in advance, giving us a much longer booking curve and a more stable and predictable demand profile, which allows us to manage demand, manage our marketing a little bit more effectively and not rely so much on close-in, unstable and unpredictable demand is really key to our success.”

MSC Opens 2024-25 Cruise Deployment for Sale

MSC Opens 2024-25 Cruise Deployment for Sale

MSC Virtuosa in Flam Norway to view the inside images of MSC Virtuosa click the link (Flickr) or Image

MSC Cruises today opened sales for a range of its winter 2024-25 season sailings. The line will soon provide details for its winter 2024-25 sailing programs in South America, Southern Africa and the Far East but today unveiled the voyages now available to book, according to a press release.

Highlights include six ships serving the Caribbean Sea and MSC Cruises’ flagship MSC Euribia operating for the first time in the Middle East.

Details are:

NORTH AMERICA AND THE CARIBBEAN

The MSC Meraviglia will operate from New York with seven- to 11-night itineraries to Port Canaveral for Orlando, Nassau in the Bahamas and MSC Cruises’ private island Ocean Cay MSC Marine Reserve.

The MSC Seascape will sail every Saturday from Miami with either 7-night cruises to the Dominican Republic, Puerto Rico and Ocean Cay or to Jamaica, the Cayman Islands, Mexico and Ocean Cay.

The MSC Seaside every Sunday will offer 7-night voyages from Miami, alternating between the Bahamas, Puerto Rico, and the Dominican Republic or Mexico, Honduras or Belize, and the Bahamas.

The MSC Divina will also be based in Miami and offer an array of three- to 10-night itineraries, all including calls to Ocean Cay.  Longer sailings will take guests to Jamaica, Aruba, Curaçao, Dominican Republic and the Bahamas.

The MSC Seashore will homeport in Port Canaveral for three- to four-night mini cruises to the Bahamas, including calls at Ocean Cay, and also sail seven-night voyages with additional stops in Cozumel and Costa Maya in Mexico.

The MSC Virtuosa will homeport in Fort-de-France, Martinique and embark on back-to-back 7-night itineraries including Guadeloupe, the Virgin Islands, St. Maarten, Saint Kitts and Nevis, Antigua & Barbuda, Saint Vincent & The Grenadines, Barbados, Grenada, and Saint Lucia.

ARABIAN GULF

The line’s newest flagship the MSC Euribia will make her debut in the region from Dubai, United Arab Emirates (UAE). It will offer seven-night sailings to two other UAE destinations, Abu Dhabi and Sir Bani Yas Island, plus Doha, Qatar and Manama in Bahrain.

MEDITERRANEAN SEA

The MSC World Europa will sail every Sunday from Genoa for a seven-night voyage with calls at Civitavecchia for Rome, Messina in Sicily, Valletta, Malta; Barcelona, Spain and Marseille, France

NORTHERN EUROPE

The MSC Preziosa will operate seven-night voyages every Sunday from Hamburg, Germany with calls at Zeebrugge for Bruges and Brussels in Belgium; Rotterdam in the Netherlands; Le Havre for Paris and Southampton for London. Additionally, one 21-night long cruise from Southampton will visit the Canary Islands, Madeira and Morocco.

RED SEA

The MSC Musica will offer seven-night sailings from Safaga, Egypt to Jeddah, Saudi Arabia; Aqaba for Petra in Jordan, Sharm El-Sheikh in Egypt and Sokhna Port for the country’s capital Cairo before returning to Safaga for an opportunity to visit Luxor.

5 Interesting Carnival Cruise Line Itineraries Taking Place This Year

5 Interesting Carnival Cruise Line Itineraries Taking Place This Year

With a fleet of 25 cruise ships and a global reach, Carnival Cruise Line is sailing from all major U.S. homeports in addition to having a presence in Europe and Australia.

Cruise Industry News selected some of the most interesting cruises being offered by the U.S.-based company still to take place in 2023.

Greenland and Canada from Baltimore
Ship: Carnival Legend
Date: August 13, 2023
Length: 14 nights
Homeports: Baltimore (United States)
Complete Itinerary: Sydney, St. Anthony and Corner Brook (Canada); Qaqortoq and Nanortalik (Greenland)

The Carnival Legend will offer a series of unique 14-night cruises to Greenland and Canada in August and September. Departing from Baltimore, the vessel is set to sail to the Arctic region, with itineraries that include visits to at least five ports.

On August 13, for instance, the vessel sails from Maryland on a two-week voyage that features stops at Sydney, St. Anthony and Corner Brook, in Canada, as well as Qaqortoq and Nanortalik, in Greenland.

British Islands and Ireland
Ship: Carnival Pride
Date: September 1, 2023
Length: Nine nights
Homeports: Dover (England)
Complete Itinerary: Greenock (Scotland); Dublin and Cork (Ireland); Belfast (Northern Ireland); Liverpool (England); and Holyhead (Wales)

Continuing its summer program in Europe, Carnival Pride is offering a nine-night cruise to the British Islands in September.

Sailing roundtrip from the Port of Dover, in England, the port-intensive itinerary sails to all of the major countries that are part of the United Kingdom, in addition to Ireland. Destinations set to be visited include Greenock, Dublin, Belfast, Liverpool, Holyhead and more.

Southern Caribbean with the Carnival Celebration
Ship: Carnival Celebration
Date: September 9, 2023
Length: Eight nights
Homeports: Miami (United States)
Complete Itinerary: Oranjestad (Aruba); Kralendijk (Bonaire); and Willemstad (Curaçao)

Adding more destinations to its regular cruise schedule, the Carnival Celebration is offering a few longer sailings to the Southern Caribbean during the remainder of the year.

Sailing from Carnival’s Terminal F in PortMiami, this eight-night cruise, for instance, is set to depart in September and features visits to the ABC Islands: Aruba, Bonaire and Curaçao.

Return to Mobile
Ship: Carnival Spirit
Date: October 6, 2023
Length: Eight nights
Homeports: Mobile (United States)
Complete Itinerary: Bimini, Freeport, Nassau and Half Moon Cay (Bahamas)

The Carnival Spirit will mark Carnival Cruise Line’s return to Mobile after a year-long gap. Starting in October, the 2001-built vessel will offer new itineraries from the Alabama homeport.

The first cruise of the program, for example, is an all-Bahamian trip that features visits to Bimini, Freeport and Nassau. Before returning to Mobile, the eight-night cruise also pays a visit to Half Moon Cay, one of Carnival Corporation’s private destinations in the country.

Mexican Riviera with La Paz
Ship: Carnival Panorama
Date: November 18, 2023
Length: Eight nights
Homeports: Long Beach (United States)
Complete Itinerary: La Paz, Mazatlán, Cabo San Lucas and Puerto Vallarta (Mexico)

Stepping away from its regular seven-night itinerary to the Mexican Riviera, the Carnival Panorama is offering a few longer sailings later this year.

On November 18, for instance, the ship sails from Long Beach on an eight-night cruise that, in addition to Mazatlán, Cabo San Lucas and Puerto Vallarta, adds a visit to another port of call: La Paz.

Royal Caribbean Sees Increased Demand for European Cruise Itineraries

Royal Caribbean Sees Increased Demand for European Cruise Itineraries

Royal Caribbean Group is pleased with the increased demand for European itineraries, resulting in a better-than-expected yield performance.

“While the Caribbean remains a standout performer this year, we were particularly pleased with the strength and quality of cruising [Ph] demand for European itineraries. This acceleration of demand for Europe contributed to the better-than-expected yield performance for the quarter,” said Chief Executive Officer Jason Liberty, speaking on the company’s second-quarter earnings call.

Liberty added that volumes from European consumers looking to book their summer vacations have accelerated, leading to double-digit yield growth expectations for this year compared to 2019.

“Europe sailings account for 17 per cent of our full-year capacity and 35 per cent in the third quarter. The acceleration in demand is increasing our revenue expectations for Europe sailings,“ said Chief Financial Officer Naftali Holtz.

“The better-than-expected performance has mostly been driven by our European customers, which underscores our nimble and global sourcing model,” he added.

Commenting on the somewhat surprising takeaway regarding the European market, Liberty explained that Europeans’ willingness to spend was very competitive with the North American consumer. Still, the difference is that they were delayed in activating their vacation.

“We expected Europe to be a little bit lighter versus 2019, in terms of load factor and it came roaring back,” continued Liberty.

Royal Caribbean: Better Than Expected Q2 2023 Results

Royal Caribbean: Better Than Expected Q2 2023 Results

Royal Caribbeans Serenade of the Seas leaving the port of Vancouver, photo credit Spacejunkie2 Flickr

Royal Caribbean Group today reported second-quarter Earnings per Share of $1.70 and Adjusted Earnings per Share of $1.82.

These results were significantly better than the company’s guidance due to more robust pricing on closer-in demand and further strength in onboard revenue, the company said in a statement.

As a result of the accelerating demand environment for its vacation experiences, the company is increasing its 2023 Adjusted Earnings per Share guidance by 33% to $6.00 – $6.20.

“Our brands continue to fire on all cylinders, resulting in record yields and second-quarter earnings significantly exceeding our expectations,” said Jason Liberty, president and CEO, of Royal Caribbean Group. “Demand for cruising and our brands is exceptionally strong and we have seen another step change in booking volumes and pricing, leading us to now expect double-digit net yield growth for the full year. We also expect to achieve record Adjusted EBITDA per APCD and Return on Invested Capital this year and are well on our way toward achieving our Trifecta goals.”

Key Highlights

Strong ticket pricing from both North America and Europe itineraries, combined with strength in onboard revenue, led to better-than-expected revenues in the second quarter and a significant increase in the company’s full-year outlook for revenue and earnings.

Second Quarter 2023:

• Gross Margin Yields increased 13.1% As-Reported, and Net Yields increased 12.9% in Constant-Currency (12.6% As-Reported), both compared to the second quarter of 2019.
• Gross Cruise Costs per Available Passenger Cruise Day (“APCD”) increased by 10.9% As-Reported, and Net Cruise Costs (“NCC”), excluding Fuel, per APCD increased by 9.0% in Constant-Currency (8.6% As-Reported), both compared to the second quarter of 2019. The favourable timing of operating expenses was offset by the increase in stock compensation expense due to the rise in share price and expected financial performance.
• Total revenues were a record $3.5 billion, Net Income was $458.8 million or $1.70 per share, Adjusted Net Income was $491.7 million or $1.82 per share, Adjusted EBITDA was a record $1.2 billion and Operating Cash Flow was $1.4 billion.

Full Year 2023 Outlook:

• Net Yields are expected to increase 11.5% to 12.0% in Constant-Currency and As-Reported, compared to 2019.
• NCC, excluding Fuel, per APCD is expected to be up approximately 7.0% in Constant-Currency (6.7% As-Reported), compared to 2019.  The increase in costs, relative to previous guidance, is driven by an increase in stock compensation expense due to the rise in share price and expected financial performance.
• Adjusted Earnings per Share for the entire year are expected to be in the range of $6.00 to $6.20 per share.

Third Quarter 2023 Outlook:

• Net Yields are expected to increase 13.5% to 14.0% in Constant-Currency (14.0% to 14.5% As-Reported), compared to the third quarter of 2019.
• NCC, excluding Fuel, per APCD is expected to increase by approximately 11.2% in Constant-Currency and As-Reported, compared to the third quarter of 2019. Approximately half of the cost increase compared to 2019 is related to structural costs, a timing shift of operating expenses from the second quarter, and an increase in stock compensation expense.
• Adjusted Earnings per Share for the third quarter are expected to be in the range of $3.38 to $3.48 per share.

Second Quarter 2023

The company reported Net Income for the second quarter of $458.8 million or $1.70 per share compared to Net Loss of $(0.5) billion or $(2.05) per share for the same period in the prior year. The company also reported an Adjusted Net Income of $491.7 million or $1.82 per share for the second quarter compared to an Adjusted Net Loss of $(0.5) billion or $(2.08) per share for the same period in the prior year.

Second-quarter revenue significantly exceeded the company’s guidance due to higher pricing and higher shipboard revenue across the company’s key itineraries, including the Caribbean and Europe. The load factor for the second quarter was 105%.

Gross Cruise Costs per APCD increased by 10.9% As-Reported, compared to 2019. NCC, excluding Fuel, per APCD increased by 8.6% As-Reported and 9.0% in constant currency, compared to 2019.  Favourable timing of operating expenses drove NCC lower, however, it was offset entirely by an increase in stock compensation expense-related costs due to the significant rise in share price and expected financial performance.

Update on Bookings

Booking volumes in the second quarter remained significantly higher than in the corresponding period in 2019 and at record pricing levels. Demand for 2023 sailings has significantly exceeded expectations and bookings for 2024 sailings are up significantly versus all prior years at record prices. Demand from the North American consumer has remained incredibly strong throughout the year, and booking volumes from European consumers who are booking European cruises this summer have accelerated.

The further increase in yield expectations for the year is the result of higher pricing and onboard revenue expectations for key itineraries, particularly in North America and Europe.  Consumer spending onboard, as well as pre-cruise purchases, continue to significantly exceed 2019 levels driven by greater participation at higher prices.

As of June 30, 2023, the Group’s customer deposit balance was at a record-high $5.7 billion.

New Carnival Venezia Ready to Debut in Europe

New Carnival Venezia Ready to Debut in Europe

The new Carnival Venezia is ready for its big debut in Europe.

After being prepared at the Navantia shipyard in Cádiz, the 2019-built vessel is on its way to Southern Spain, where it will embark on its first commercial voyage on May 29.

A transatlantic crossing, the cruise precedes Venezia’s U.S. debut, which is scheduled for mid-June. Sailing from Barcelona to New York City, the 15-night repositioning voyage features visits to five ports in Spain, the UK, Portugal and Canada.

Upon arriving in New York on June 13, the Venezia is set to kick off a year-round program of cruises out of the Manhattan Cruise Terminal.

Extending through late 2024, the schedule includes four- to 15-night cruises to Bermuda, the Caribbean, the Bahamas, Canada and New England.

For the 2024-25 winter, the Carnival Venezia is set to debut in Florida offering a series of cruises to the Caribbean and the Bahamas departing from Port Canaveral.

The first ship in the company’s new “Carnival Fun Italian Style” brand, the Venezia is debuting a brand-new concept.

Initially built for Costa Cruises, the Vista-Class vessel was designed with public areas and facilities inspired by the Italian city of Venice.

Combining the ship’s existing features with Carnival’s signature product, the new concept offers Italian-themed activities and experiences, such as a different version of Guy’s Burger Joint – which will serve its classic burgers and new, especially-created options inspired by Italy.

During its recent drydock in Spain, the Venezia also received other signature features of Carnival Cruise Line, including the Carnival Waterworks aqua park, the Piano Bar 88 and the Fahrenheit 555 Steakhouse.

In 2024, a second ship is set to join the “Carnival Fun Italian Style Concept,” as the Florence-inspired Costa Firenze enters the fleet for a West Coast program.

Enchanted Opens Princess’ 2023 Summer Program in Europe

Enchanted Opens Princess’ 2023 Summer Program in Europe

The Enchanted Princess is launching Princess Cruises’ 2023 summer program in Europe today.

After crossing the Atlantic, the vessel is in Barcelona to start the first cruise of the season: a six-night voyage to the Western Mediterranean.

Cruising roundtrip from the Spanish port, the itinerary sails to France and Gibraltar. In addition to the UK port in the Iberian Peninsula, the cruise features visits to Ajaccio and Marseille, as well as two full days at sea.

Following a routine drydock, the Enchanted Princess continues its European summer program in mid-April, offering additional itineraries in both the Western and Eastern Mediterranean.

The series of seven-to 21-night cruises include different destinations across the Greek Islands, France, Spain, Italy, Turkey, Montenegro and more.

Fifth in a series of six ships known as Royal Class, the Enchanted Princess first entered service in November 2021.

Built-in Italy by the Fincantieri shipyard, the 3,660-guest ship offers more than 25 dining venues and bars onboard, including the new such as La Mer, a French Bistro that debuted on the Majestic Princess.

The ship also offers varied entertainment options, as well as unique Sky Suites. According to Princess, the balconies of the staterooms – which measure over 90 square meters – are among the biggest in the entire cruise industry.

In addition to the Enchanted Princess, three other Princess Cruises vessels are cruising in Europe during the 2023 summer: the Sky Princess, the Regal Princess and the Island Princess.

Mostly sailing in Northern Europe, the ships will offer different itineraries between March and early December.

Based out of the UK, the Sky Princess is sailing a series of four- to 24-night cruises to Scandinavia, Iceland, Norway, the Canaries, the Baltic and the Mediterranean departing from Southampton.

Also sailing from the English port, the Regal Princess is poised to sail a program of ten- and 12-night itineraries to the British Islands.

Completing the local offering, the Island Princess sails in Northern Europe and the Mediterranean, offering longer cruises departing from Southampton, Copenhagen, Civitavecchia and more.

NCL REINTRODUCES COVID-19 TESTS FOR GUESTS EMBARKING IN CHINA

Norwegian Star arriving in Liverpool photo credit Spacejunkie2 (Flickr)

Norwegian Cruise Line has reintroduced Covid-19 testing for all guests who have visited mainland China 10 days before embarkation as cases in the country continue to rise.

The move comes as a result of growing concerns regarding the virus in China, as well as recently implemented travel restrictions by countries including the UK and the US.

 

Between 5-31 January, guests who have visited mainland China, Hong Kong, or Macau within 10 days prior to embarkation will be required to submit proof of a negative medically supervised PCR test taken within 48 hours prior to the beginning of travel to the port.

 

This also applies to guests transiting through an airport in one of the countries within 10 days prior to embarkation.

Additionally, guests will be required to take a medically supervised PCR test at the port within eight hours of embarkation and will be required to test onboard the ship every 48 hours until 10 days have passed from their last time in China, Hong Kong, or Macau.

Passengers must also be fully vaccinated and boosted with a World Health Organization-approved vaccine prior to embarkation.

It comes after the EU recommended all passengers travelling from China to the EU should be required to provide evidence of a recent negative test for Covid-19.

 

China’s foreign ministry spokesperson this week said the restrictions being imposed on travellers from China "lacked scientific basis", adding the Chinese government would now consider reciprocal countermeasures.