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☆ 2 Holland America crew members die after 'incident' on cruise ship in the Bahamas
▼ + stars: | 2024-03-24 | by ( Cameron Manley | ) www.businessinsider.com time to read: +3 min

Two crew members on a Holland America cruise ship died during an "incident" in the engineering space. In a statement, the cruise line said it was "deeply saddened" by the incident. AdvertisementTwo crew members aboard a Holland America cruise ship died during an 'incident' in the ship's engineering space. AdvertisementAuthorities were notified and the cause of the deaths is being investigated, the cruise line said. Statistics also show that 97 passengers and crew members died due to cardiac issues, 72 died due to accidentally falling overboard, and 60 died due to jumping overboard.

Persons: —, Holland America Organizations: Bahamas Maritime Authority, Service, Holland America, Nieuw, Holland, Statistics, Princess Cruises, Carnival Corporation Locations: Holland America, Nieuw Amsterdam, Bahamas, Holland, Fort Lauderdale , Florida, Sydney

☆ The world’s best beaches, according to Lonely Planet
▼ + stars: | 2024-02-03 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +6 min

The dim sum capital of the worldLegacy House: Legacy House's fantastic dim sum set includes steamed spotted garoupa dumplings with salted lemon. Courtesy Legacy House Forum: This three-Michelin-star restaurant, which serves classic Cantonese dim sum dishes, is famed for its impeccable attention to detail. Tai Wai Dining Room Veggie Kingdom: Veggie Kingdom serves high-quality meat-free versions of classic dim sum dishes. Maggie Wong/CNN Spring Moon: In addition to serving delicious, classic dim sum dishes, Spring Moon's cinematic interior is an attraction in its own right. Courtesy Peninsula Hong Kong Hong Kong’s best dim sum Prev NextThis is our essential guide to Hong Kong’s best dim sum: Where to find it and how to eat it, from classic no-frills joints to Michelin-starred adventures.

Persons: Cabo San Juan del Guía, “, ”, Heen, King Heen, Nicholas Wong, Maggie Wong, Emperor, Fook Lam, Hong Kong Hong, Hong, they’ve, Amelia Earhart’s Organizations: CNN, d’Argent, JetBlue, Japan, Port, Royal, Carnival Corporation, MSC Cruise, Cunard Cruise, CDC, Hong Kong, Hong, Golden Valley, Son Locations: Rio, Sarakiniko, Greece, Baltic, Danish, Bornholm, Cabo San Juan, Seychelles, Tokyo, Kyoto, Osaka, Hiroshima prefecture, Tomonoura, Port of Miami, Hong, Hong Kong, Veggie, Golden, Spain

Travelers are looking to cruises in 2024 because they are still cheaper than land-based alternatives. With occupancy levels approaching pre-pandemic levels, operators plan to hike prices in coming months. "Overall the market is extremely strong, especially the top end of the market in terms of the most high-end luxury cruises," said Bob Levinstein, CEO of cruise marketplace Cruise Compete. Even as travelers have canceled or postponed planned vacations to the Middle East, cruise bookings will still hit record levels in 2024, said Truist Securities analyst Patrick Scholes. Prior to the Oct. 7 attacks in Israel, industry-wide bookings for 2024 were about 25% higher than in 2019 for bookings in 2020.

Persons: Queen Mary, Andrew Kelly, Bob Levinstein, Patrick Scholes, Scholes, Jason Liberty, Josh Weinstein, Atle, Kari Dillon, Dillon, InteleTravel, Dave Spinelli, Ben Harrell, Granth, Marguerita Choy Organizations: Cunard Line, Carnival Corporation & plc, Brooklyn Cruise, REUTERS, Travelers, Truist Securities, Cruise Lines International Association, Royal Caribbean, Liberty ., Holdings, Cruisers, Thomson Locations: Brooklyn, Brooklyn , New York City, U.S, BENGALURU, Israel, Caribbean, Oslo, North Carolina, Florida, InteleTravel, Delray Beach , Florida, Royal Caribbean, Bengaluru, Doyinsola, New York

☆ Cruise staff say Carnival UK threatened to get rid of 919 of them if they refuse to take pay cuts
▼ + stars: | 2023-11-24 | by ( Matthew Loh | ) www.businessinsider.com time to read: +3 min

Cruise crew members are accusing Carnival UK of threatening to "fire and rehire" 919 of them. A maritime union said Carnival UK filed a notice of mass layoffs as it was negotiating pay cuts. The entire dispute stems from negotiations between Carnival UK and Nautilus over potential pay cuts. Carnival UK is run by the Carnival Corporation group, which also operates Carnival Cruise Line, the US cruise company. AdvertisementNovember 24, 2023: This story was updated to reflect comment from Carnival UK.

Persons: — Organizations: Carnival, Service, Nautilus International, O Ferries, Unions, Nautilus, O Cruises, Cunard, O, BBC, Carnival UK's, Carnival Corporation, Cruise, Princess Cruises, O Cruises Australia, Carnival UK

☆ Carnival CEO says charging passengers an extra fee to help cover rising fuel costs is 'certainly not off the table'
▼ + stars: | 2023-10-02 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

Carnival's CEO said a fuel surcharge is "certainly not off the table" during an earnings call. To help offset soaring oil prices, cruise lines and airlines can charge passengers fees known as fuel surcharges. AdvertisementAdvertisementCarnival said it expected a net impact of $130 million in the fourth quarter due to rising fuel costs and unfavorable currency exchange rates. He said a fuel surcharge wouldn't be implemented in the near term, and it would only impact future bookings, rather than applied retroactively. "We continue to work aggressively to manage fuel costs the best way possible by consuming less," he said on the Friday earnings call.

Persons: it's, —, Josh Weinstein, Weinstein Organizations: Service, Carnival Corporation, New York Mercantile Exchange, Carnival

☆ China kicks off its plan to take on the cruise industry: 'There's no turning back'
▼ + stars: | 2023-09-30 | by ( Hannah Towey | Brittany Chang | ) www.businessinsider.com time to read: +7 min

After a three-year hiatus, international cruise lines can resume sailings from China. AdvertisementAdvertisementRoyal Caribbean's Wonder of the Seas, once the world's largest cruise ship, was originally scheduled for year-round sailing from China. Then COVID-19 shut down the cruise industry and China blocked sailings from international cruise lines. Now, after a three-year hiatus, international cruise lines can resume sailings from China. Enter the Adora Magic City, the first Chinese-built and operated cruise ship.

Persons: —, Kun Cao, Reddal, James D, Morgan China, Cao, Joel Katz, Asia —, Michael Bayley, Bayley, Yang Guobing, Andy Stuart, Skift, it's Organizations: Service, Seas, Royal Caribbean, Magic City, Cruise, Royal Caribbean International, China China's, China State Shipbuilding Corporation, Carnival Corporation, Publishing, Getty Images, Viking Cruises, China Merchants Group, Royal, MSC, CSSC Carnival Cruise Shipping, Xinhua, Getty, Cruise Line, Global Times Locations: China, Shanghai, Fort Lauderdale , Florida, Southern, Magic, Caribbean, Asia, Australasia, CLIA, United States, Miami, Switzerland, Royal Caribbean, —, Norwegian, Alaska

☆ 6 cruise passengers have gone overboard in 3 months. Here's why most ships still don't use detection tech for rescues.
▼ + stars: | 2023-08-31 | by ( Hannah Towey | ) www.businessinsider.com time to read: +18 min

An average of 19 people go overboard on cruise ships every year, industry data has found. Less than two months after Peale fell overboard, 30-year-old Jaylen Hill also went overboard a Carnival cruise ship. In total, at least five passengers have gone overboard cruise ships this summer, including Hill. The incidents occurred on the cruise ships Carnival Elation, Spectrum of the Seas, Emerald Princess, Mariner of the Seas, and Wonder of the Seas. A Coast Guard spokesperson said there are no regulations preventing cruise lines from installing MOB detection systems on their vessels.

Persons: Ronnie Peale Jr, Peale, Linda Peale, —, Travis Heggie, Hill, Eric Rodriguez, Princess, Joe Perez, Ross Klein, Paul McConnell, Jamie Barnett, James Michael Grimes, Grimes, CLIA, it's, Mike Collier, MOBtronic, Sen, Richard Blumenthal, Collier, Blumenthal, Linda Peale Jennilyn Blosser, Blosser, didn't, Barnett, Jim Walker Organizations: US Coast Guard, Carnival, Coast Guard, Bowling Green State University, Cruise Lines International Association, Jacksonville , Florida . U.S . Coast, Washington Post, Carnival Corporation, U.S . Coast Guard, Getty, Cruise Vessel Security, Safety, Guard, International Cruise Victims Association, Line International Association, USA, Royal Caribbean, International, Organization Locations: Virginia's Shenandoah, Connecticut, Hill, Jacksonville , Florida . U.S, Richard Blumenthal of Connecticut, MOBtronic

☆ 4 people have gone overboard on cruise ships this summer. Here's why most cruise lines don't use technology that could've helped save them.
▼ + stars: | 2023-08-24 | by ( Hannah Towey | ) www.businessinsider.com time to read: +18 min

An average of 19 people go overboard on cruise ships every year, industry data has found. At 6:36 p.m. — more than 12 hours after Peale fell overboard — Carnival contacted the Coast Guard, according to the agency. Less than two months after Peale fell overboard, 30-year-old Jaylen Hill also went overboard a Carnival cruise ship. Legislation without regulationThe US Coast Guard does not check for man-overboard image capture or detection technology during compliance inspections of cruise ships. A Coast Guard spokesperson said there are no regulations preventing cruise lines from installing MOB detection systems on their vessels.

Persons: Ronnie Peale Jr, Peale, Linda Peale, —, Travis Heggie, Hill, Eric Rodriguez, Joe Perez, Ross Klein, Paul McConnell, Jamie Barnett, James Michael Grimes, Grimes, CLIA, it's, Mike Collier, MOBtronic, Sen, Richard Blumenthal, Collier, Blumenthal, Linda Peale Jennilyn Blosser, Blosser, didn't, Barnett, Jim Walker Organizations: US Coast Guard, Carnival, Coast Guard, Bowling Green State University, Cruise Lines International Association, Royal Caribbean's, Princess Cruises, Jacksonville , Florida . U.S . Coast, Washington Post, Carnival Corporation, U.S . Coast Guard, Getty, Cruise Vessel Security, Safety, Guard, International Cruise Victims Association, Line International Association, USA, Royal Caribbean, International, Organization Locations: Virginia's Shenandoah, Connecticut, Jacksonville , Florida . U.S, Richard Blumenthal of Connecticut, MOBtronic

☆ 63 cruise ships owned by Carnival Corporation released more toxic sulfur gasses than all the cars in Europe, study says
▼ + stars: | 2023-07-05 | by ( Hannah Towey | Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +6 min

63 cruise ships owned by Carnival Corp. emitted more sulfur oxides than all the cars in Europe in 2022. The cruise industry is investing in alternative energy sources such as LNG fuel and shore power. Though the IMO rule slashes the sulfur emissions of individual ships, it has done nothing to limit the increasing number of cruise ships in recent years. Compared to 2019, cruise ships are also spending more time at European ports and consuming more fuel, per the report. As a result, cruise ships overall emitted 9% more sulfur oxides in 2022 than in 2017, according to Transport & Environment.

Persons: MIGUEL MEDINA, Robert Rohde, — Dr, We're Organizations: Carnival Corp, European Federation for Transport, Environment, Carnival Corporation, International Maritime Organization, Transport & Environment, Cruise, Carnival Locations: Europe, Venice, AFP, Berkeley, Paris, New, York

☆ These were the top 10 performing stocks in the S&P 500 in the first half of 2023
▼ + stars: | 2023-06-30 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

US stocks have surged in 2023, with the S&P 500 entering a new bull market after a difficult 2022. These were the top 10 performing S&P 500 stocks in the first half of 2023. Much of the gains have been driven by hype around artificial intelligence, but the top 10 performing stocks aren't only tech names. From home builder companies to cruise line operators, these were the top 10 performing S&P 500 stocks in the first half of 2023. Royal Caribbean CruisesThe Blaster, Royal Caribbean Cruise Ships Royal Caribbean PressTicker: RCLYear-to-date gain: 105.5%4.

Persons: —, Hussein Faleh, Jenn Austin, Lisa Su Steve Marcus, Tesla Tesla, Nvidia Jensen Huang, Rick Wilking Organizations: Service, Nasdaq, General Electric General Electric, GE, Cruise, Reuters, Palo Alto, Royal Caribbean Cruises, Royal Caribbean Cruise Ships Royal Caribbean Press, Carnival Corporation, Nvidia, CES Locations: Las Vegas , Nevada, U.S

The markets are headed toward a positive week and certain stocks stood out from the rest. The S & P 500 and Nasdaq Composite were up 1.5% and 2.9% week to date, respectively. Regional bank stocks were among this week's most notable gainers after a difficult few weeks. Regional bank stocks Comerica and Zions Bancorporation saw the largest gains this week, with shares surging 22.7% and 21.8%, respectively. Semiconductor design company Synopsys ' stock jumped 12.5% week to date and hit a new 52-week high Friday.

☆ Republicans are more likely to go on a cruise right now than Democrats
▼ + stars: | 2023-03-28 | by ( Hannah Towey | ) www.businessinsider.com time to read: +3 min

A recent survey suggests Republicans are more likely to take a cruise right now than Democrats. In a December 2022 survey of 1000 US adults, 35% of Republican respondents said they were "very comfortable" going on a cruise today, a level of enthusiasm shared by only 12% of Democrats. On the flip side, 40% of Democrat respondents said they were "very uncomfortable" going on a cruise ship, nearly double that of Republican respondents. Taking a cruise vacation wasn't always politically polarized — 16% of Democrat respondents said they had gone on a cruise prior to the COVID-19 pandemic, just a few percentage points less than Republican respondents. With this month marking three years since the onset of the pandemic, industry executives claim cruise demand has officially returned to 2019 levels.

☆ I took a cruise around the Mediterranean. Here are 5 things that surprised me — from the coffee to the navigation.
▼ + stars: | 2023-03-16 | by ( Christian Mayer | Nathan Rennolds | Business Insider Deutschland | ) www.businessinsider.com time to read: +4 min

Insider's Christian Mayer took a trip around the Mediterranean on the AIDAblu cruise ship. I recently booked a spontaneous weeklong cruise with the German cruise line Aida Cruises, a subsidiary of Carnival Corporation and PLC, one of the largest cruise companies in the world. The cruise sailed around Italy and Malta, starting off in Civitavecchia, a town on the west coast of Italy near Rome. A tiny ship approached the outer wall of our huge cruise ship, and, in whipping winds, the pilot climbed an outer ladder onto our ship. The ship served Starbucks coffeeThe price of the cruise included filter coffee with breakfast.

☆ 5 major cruise liners say Elon Musk's Starlink internet will roll out on their ships this year for guest WiFi
▼ + stars: | 2023-03-03 | by ( Kate Duffy | ) www.businessinsider.com time to read: 1 min

Carnival Corporation in January announced it had agreed to install Starlink across its global fleet. Carnival cruise ship. Chiyacat/ShutterstockCarnival said in a statement it began rolling out Starlink on Carnival Cruise Line and AIDA Cruises ships in December last year. The company wants to expand Starlink to its other brands, including Princess Cruises, Holland America Line, P&O Cruises, and Seabourn, it added. The company said Starlink would provide faster and more reliable internet on its ships.

☆ If Marc Benioff is forced to sell Slack to appease activist investors, it would probably be worth less than half the $28 billion he paid just 18 months ago
▼ + stars: | 2023-01-27 | by ( Julie Bort | ) www.businessinsider.com time to read: +5 min

He calculated Slack would be worth less than half what Salesforce paid for it, and could still be worth selling. Salesforce founder and CEO Marc Benioff has multiple activist investors with stakes in his company, circling him to demand changes. One possible outcome is that Benioff is forced to sell or spinoff Slack, according to analysts. It paid more than twice that — $27.7 billion — in an acquisition that closed just 18 months ago. Under siege from fearsome activist investorsWhen we say Benioff has multiple activist investors circling, we mean he's practically under siege.

☆ Passengers on a cruise liner's first voyage say Christmas Day was an 'absolute disaster', with some waiting until 11 p.m. to have dinner, report says
▼ + stars: | 2022-12-29 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

Passengers on a cruise liner's first voyage said their Christmas Day was "an absolute disaster." They told The Times they'd booked a table for Christmas dinner, but the reservation was lost. The Wheatleys booked a table for Christmas dinner last month, but were told on Christmas Day that their reservation could not be found. "On Christmas Day we were quite lucky. A P&O spokesperson told The Times that IT and connectivity problems "caused dining issues and restaurant delays for a proportion of guests on Christmas Day.

☆ Here are the kinds of stocks set to rally as the stock market changes its character amid inflation 'falling like a rock', according to Fundstrat's Tom Lee
▼ + stars: | 2022-12-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The character of the stock market is changing as inflation starts to fall "like a rock," according to Fundstrat's Tom Lee. These are the types of stocks that see short-term upside if inflation continues to fall, according to Lee. Thus, the fall in gasoline will have an impact on both actual and perceived inflation," Lee said. Lee also highlighted that during the 1970's period of high inflation, gasoline prices never eased lower like they have so far this year. These are the types of stocks that should benefit most from falling inflation and a year-end market rally, according to Lee.

☆ Carnival’s Princess Cruises will return to Japan in March 2023 after nearly three-year hiatus
▼ + stars: | 2022-12-02 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +3 min

People look out from aboard the Grand Princess cruise ship, operated by Princess Cruises, as it maintains a holding pattern about 25 miles off the coast of San Francisco, California on March 8, 2020. Princess Cruises, a Carnival Corporation brand, is resuming trips in its homeport of Japan early next year, the company said in a press release on Friday. Japan initiated the cruise ban in March 2020 after a fatal coronavirus outbreak took place in February on the Diamond Princess, a Princess cruise ship. Since Japan reopened to international cruises, other vacation ships are gearing up to return to the country. Japan joins a growing pool of countries warming back up to cruise tourism after hitting pause for Covid.

☆ Australia seeks to reassure citizens on COVID after cruise ship outbreak
▼ + stars: | 2022-11-12 | by ( ) www.reuters.com time to read: +2 min

SYDNEY, Nov 12 (Reuters) - Australia's Home Affairs Minister on Saturday sought to reassure the public that COVID-19 protocols were adequate after a cruise ship with hundreds of infected passengers docked in Sydney. The incident has sparked comparisons with a notorious 2020 outbreak onboard the Ruby Princess cruise ship. That outbreak, also in New South Wales, led to 914 infections and 28 deaths, an inquiry found. Carnival Australia, part of global leisure company Carnival Corporation & plc, said COVID-positive passengers were isolating onboard and being cared for by medical staff, according to New South Wales Health. The agency said it was working with cruise ship staff to monitor the health of passengers and crew members.

☆ Stocks making the biggest moves midday: Hasbro, Salesforce, Carnival, Lockheed Martin & more
▼ + stars: | 2022-10-18 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +3 min

Hasbro — Shares of the toy company dipped 2.3% after the company reported third-quarter earnings that missed expectations. Salesforce — Salesforce shares gained 5.2% after Starboard Value revealed to CNBC that it has taken a "significant" stake in the software giant. Carnival Corporation — Shares of the cruise company jumped more than 12% after one of Carnival's subsidiaries began an offering of $1.25 billion of senior priority notes due 2028. Goldman Sachs — Goldman Sachs rallied 3% after beating third-quarter analyst expectations for profit and revenue on better-than-expected trading results. Lockheed Martin — Shares of the aerospace company jumped 8.5% after Lockheed reported third-quarter earnings of $6.87 per share excluding items, which was higher than a Refinitiv estimate of $6.66 per share.

☆ Some cruise lines struggling to fill up are offering fall deals for as low as $26 a day
▼ + stars: | 2022-10-05 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

One four-night Carnival cruise from Orlando to the Bahamas is going for $26 a day. One November 28 to December 2 Carnival cruise to the Bahamas from Port Canaveral in Orlando, Florida, averages $104 per person for a two-person room, or $26 a day. Wall Street travel-industry analysts noted that cruise prices this year are not keeping up with inflation rates like hotel prices, ThePointsGuy reported. "We're seeing phenomenal deals right now from these drive-to ports," Gray Faust said. "Once people get onboard, they are spending — on drink packages, extra-fee dining, spa treatments, casino and shore-excursion revenue," Gray Faust said.

☆ This week’s best performers include an energy stock that could surge more than 30% from here
▼ + stars: | 2022-09-16 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Stocks were hurling toward a big losing week on Friday as investors weighed a warning from FedEx as well as a hot inflation reading. The S & P 500 is 5.3% lower this week, on pace for its fourth losing week in five. APA Corp . was the top S & P 500 stock this week after advancing 6.1% as of 9:40 a.m, ET. On Monday, the energy stock was upgraded to buy from neutral by Citi, which said APA is an "under-appreciated growth story." However, there isn't a consensus in favor of buying the stock, with only 45% of analysts rating it a buy.

☆ Rep. Marie Newman and her husband are packing their stock portfolio with COVID-19 vaccine makers and other pandemic-sensitive companies
▼ + stars: | 2021-04-21 | by ( Kimberly Leonard | Warren Rojas | ) www.businessinsider.com time to read: +11 min

Democratic Rep. Marie Newman's husband has an active stock portfolio. Jim Newman, chief operating officer at Figo Pet Insurance, bought and sold stock in companies that either soared or sputtered during the pandemic, including Pfizer and Moderna, the companies behind the nation's two leading COVID-19 vaccines. Financial disclosures show Jim Newman sold up to $65,000 in Moderna stock on January 2. By February, he turned his interest to Pfizer, twice trading as much as $15,000 worth in the company's stock shares that month. For instance, Newman sold as much as $250,000 in Netflix stock in January, as much as $50,000 in Apple stock in February, and as much as $50,000 in Salesforce stock in January.

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