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☆ One of the US's busiest cruise ports can't keep up with America's love for vacations at sea — but an urgent new terminal will help meet the demand for giant cruise ships
▼ + stars: | 2024-05-23 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

Port Canaveral announced new plans to build a seventh cruise terminal by 2026. But Port Canaveral is running out of space as demand for these vacation voyages continues to skyrocket. When complete, it could accommodate the world's largest cruise ships, including Royal Caribbean's new 1,198-foot-long, 9,950-person-capacity Icon of the Seas. The project would've taken three to four years to complete — too long a timeline for Port Canaveral. "We can't shut down operations at Port Canaveral because the state can't get the road infrastructure in a timely manner," he added.

Persons: —, John Murray, Murray, Royal Caribbean's, Brittany Chang, Ross Klein, UCG, Jamie Glasner, Glasner Organizations: Canaveral, Infrastructure, Service, Disney, Sunshine State, Port Canaveral, Canaveral Port, Royal, Business, MSC Group, Disney Cruise, Memorial University of Newfoundland, Glasner, US Customs, Border Protection, Florida Department Locations: Florida, Miami, Canaveral, Port Canaveral, Port, Caribbean

☆ I've been on 2 ultra-luxury cruise ships — endless caviar and free flights make the $685 per day worth it
▼ + stars: | 2024-03-26 | by ( Brittany Chang | ) www.businessinsider.com time to read: 1 min

But guests luxuriate on high-end cruises, many of which are all-inclusive and don't have this problem. Access to the spa is complimentary on the Explora I and Seven Seas Grandeur. Brittany Chang/Business InsiderSure, luxury cruises have a higher base fare. "I'd rather have a few empty beds and get the right guests at the right price," Michael Ungerer, CEO of MSC Group's new luxury cruise line, Explora Journeys, told Business Insider in 2023. "Most of [the amenities] are already included, so we don't have to upsell."

Persons: luxuriate, Brittany Chang, you'll, Michael Ungerer Organizations: MSC

☆ The biggest cruise ships keep getting bigger and it's splitting the industry in two
▼ + stars: | 2023-10-29 | by ( Brittany Chang | Hannah Towey | ) www.businessinsider.com time to read: +7 min

New cruise brands are launching smaller, luxury ships geared toward wealthy travelers. Large cruises are a "cash cow" for operators but experts say smaller ships have distinct long-term advantages. AdvertisementAdvertisementEvery year it seems a new world's largest cruise ship is crowned. To fill this void, several new cruise lines are taking an underdog strategy of building smaller luxury vesselsThe Ritz Carlton Yacht Collection. Smaller ships are better positioned to meet sustainability goalsBrittany Chang/InsiderMega-ships may be popular among some passengers, but the ports they're visiting aren't always fans.

Persons: —, Royal, it's, Aman, Brittany Chang, Stenius, Michael Ungerer, Explora, aren't, Jay Schneider, Schneider, Patrick Scholes Organizations: Service, Royal, Ritz Carlton Yacht, Ritz, Carlton, Shipping, MSC, MSC Cruises, Ritz Carlton, Cruise Lines International Association, International Maritime Organization, Truist Securities Locations: They're, Royal Caribbean, Ritz Carlton ., Europe, Bahamas, Caribbean

PARIS, April 18 (Reuters) - French shipping group CMA CGM (CMACG.UL) is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday. For Bollore a deal would mean cutting ties with its biggest business while offering cash-rich CMA CGM a chance to bolster its bid to offer end-to-end transportation services and supply chain management. Bollore said in a statement that it had agreed to enter into exclusive talks with CMA CGM until May 8. CMA CGM, privately controlled by the founding Saade family, has seen its earnings surge in the past two years on high freight rates and saturated supply chains. Bollore, run by the family of billionaire Vincent Bollore, sold its Bollore Africa Logistics business last year to shipping company MSC Group for 5.7 billion euros.

☆ MSC Group's Luxury Explora Journey Cruise Line Has Set Sail
▼ + stars: | 2022-08-07 | by ( Brittany Chang | ) www.businessinsider.com time to read: 1 min

But unlike MSC Cruises — which has 2023 itineraries sailing for as little as $40 per day according to data from Cruise Sheet — 2023 sailings on the Explora I will start at $2,150 for a three-night cruise. Source: Cruise Sheet

Organizations: MSC Cruises

Search resuls for: "MSC Group"

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