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☆ Cramer says activist interest in Johnson Controls is 'a gimme,' but worries about a steel stock
▼ + stars: | 2024-05-20 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Johnson Controls : Activist investor Elliott has built a more than $1 billion stake in the HVAC control firm, Bloomberg News reported. "The stock is up 22% [year to date], but it has lagged Trane . "It was just a mistake [to have an underweight rating on the stock]," Cramer said, adding later: "From 1995 on, you have to understand the moment inventories are lean, you've got to buy. Steel stocks: Analysts at Jefferies initiated coverage of steel stocks, beginning with a buy rating on Cleveland-Cliffs and U.S. Steel and hold ratings on Nucor and Steel Dynamics . JPMorgan Chase : The banking giant slightly raised its full-year net interest income outlook to $91 billion from $90 billion.

Persons: Jim Cramer's, Elliott, Jim Cramer, Morgan Stanley, Cramer, you've, I've, Frank Del Rio, Harry Sommer, He'll Organizations: CNBC, Club, Johnson, Bloomberg News, Micron Technology, Jefferies, Cliffs, . Steel, Steel Dynamics, JPMorgan Chase, Cruise Locations: Cleveland

☆ Stocks making the biggest moves midday: Hims & Hers Health, Norwegian Cruise Line, Target and more
▼ + stars: | 2024-05-20 | by ( Sarah Min | ) www.cnbc.com time to read: +3 min

Wix.com — The web development company jumped more than 25% after it posted better-than-expected first-quarter results. Norwegian Cruise Line — The cruise line operator jumped more than 8% after Norwegian Cruise Line lifted its full-year earnings guidance. It also reported better-than-expected first-quarter results. Hasbro — Shares gained 3% after Morgan Stanley called Hasbro a top pick, saying its recent underperformance gives investors a strong entry point. Uranium stocks have recently gained after President Joe Biden signed a bill banning imports of Russian uranium for nuclear fuel.

Persons: Wix.com, Li Auto, Goldman Sachs, Morgan Stanley, Johnson, Elliott, Joe Biden, NuScale, — CNBC's Michelle Fox, Lisa Kailai Han, Alex Harring, Samantha Subin Organizations: Norwegian Cruise, Target, GameStop, Micron Technology, Hasbro —, Hasbro, Bloomberg News, Elliott Management, Nvidia, Microsoft, Dell Technologies Locations: Norwegian, U.S, NextDecade's Rio

☆ Monday’s rapid fire: Johnson Controls, Micron, Nucor, JPMorgan Chase and Norwegian Cruise Line
▼ + stars: | 2024-05-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMonday’s rapid fire: Johnson Controls, Micron, Nucor, JPMorgan Chase and Norwegian Cruise LineCNBC’s Jim Cramer on Monday offered his take on the latest Wall Street headlines, including Elliott’s take in Johnson Controls and research on steel stocks.

Persons: Johnson, Jim Cramer Organizations: Micron, Nucor, JPMorgan Chase, Cruise, Monday, Johnson Controls

☆ California's new 'Honest Pricing Law' will require cruise lines to be transparent about fees
▼ + stars: | 2024-05-19 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Read previewA new California law will force cruise lines to be more transparent about their prices, bolstering a Biden administration crusade against junk fees. Senate Bill 478, also known as the "Honest Pricing Law," will go into effect on July 1. AdvertisementA Carnival Corp. representative told the outlet it would follow guidelines set out by the "Honest Pricing Law." Carnival Corp. is the parent company of brands like Carnival Cruise Line, Princess Cruises, and Holland America. Royal Caribbean cruise ship.

Persons: —, Biden, Bill, general's Organizations: Service, Business, Companies, Royal Caribbean International, Norweigan, The Washington, Corp, Carnival, Princess Cruises, Holland America, Royal Caribbean, Celebrity Cruises, Royal, Carnival Corp, Cruise, Federal Trade Commission Locations: California, Royal Caribbean

☆ Royal Caribbean and Norwegian have serious sustainable-food-supply-chain goals — here's how they compare
▼ + stars: | 2024-05-16 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

Royal Caribbean Group and Norwegian Cruise Line Holdings aim to source their foods more sustainably. In 2023, the cruise giants Royal Caribbean Group and Norwegian Cruise Line Holdings accommodated more than 10.3 million travelers. Both companies have been increasingly shopping localBoth Norwegian and Royal Caribbean want to be net zero emissions by 2050. Royal Caribbean did not respond to an inquiry about its beef initiatives or plans to expand its plant-based offerings. That's not to mention all the heat that cruise companies already take for operating ships that are bad for the environment.

Persons: —, Brittany Chang, Linken D'Souza, Royal Caribbean's, Bambi Semroc, it's, Ravi Anupindi, Anupindi, Royal, Semroc Organizations: Royal Caribbean Group, Cruise Line Holdings, Chain Management, Service, Norwegian, Royal, Business, Royal Caribbean's, Conservation, University of Michigan's Ross School of Business, Marine Stewardship Council, Aquaculture, Council, Global Animal Partnership, Regent Seven Locations: buffets, Royal Caribbean, Europe, Seattle, Vancouver, Florida, California, New York City, Norwegian, Oceania

☆ Will a cruise ship wait for me if I'm running late at a port stop? Here's what a captain has to say.
▼ + stars: | 2024-05-14 | by ( Joey Hadden | ) www.businessinsider.com time to read: +4 min

AdvertisementWill the captain wait for you? Joey Hadden/InsiderWhen will a cruise ship wait for passengers? Since the excursion is supposed to only take place within the allotted port time, the ship will wait for passengers coming from a cruise line excursion that's running late. AdvertisementIf you're behind schedule, call the ship agent to alert the cruise that you're running late, he said. Joey Hadden/InsiderWhether the ship can wait for you, however, will depend on how late you'll be, he added.

Persons: —, Rob Hempstead, who's, Coco, Joey Hadden, you've, that's Organizations: Service, reboarding, CNN, Business, Royal, Oasis, Cruise, BI Locations: Norwegian, Africa, São, Dakar, Senegal, Motril, Spain, Hampstead, Royal Caribbean, Bahamas

☆ A Norwegian Cruise Line worker is accused of stabbing people on board with scissors
▼ + stars: | 2024-05-10 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +3 min

A cruise ship worker was accused of stabbing a passenger and attacking crew members. AdvertisementA cruise ship employee was arrested after he allegedly used scissors to stab three people aboard a ship that was traveling to Alaska. The employee, identified as Ntando Sogoni from South Africa, had recently started working on Norwegian Encore, a ship operated by Norwegian Cruise Line, according to an affidavit from FBI Special Agent Matthew Judy cited by AP News. The US Department of Transportation keeps a record of reported crimes on cruise ships through quarterly reports. The district attorney's office, Juneau's police department, Sogoni's lawyer, and Norwegian Cruise Line did not immediately respond to requests for comment.

Persons: —, Matthew Judy, Sogoni Organizations: Service, Norwegian Cruise, AP News, FBI, US Department of Transportation, Cruise Locations: Alaska, Seattle, South Africa, Norwegian, Sogoni, Vancouver Island, British Columbia, Juneau

☆ A nude cruise launches next year, but do not dare put your bare butt on a public seat
▼ + stars: | 2024-05-08 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +1 min

A 2,300-passenger cruise is due to set sail in February and will let passengers go nude. The Big Nude Boat will take passengers on an 11-day trip from Miami around the Caribbean. The company has policies for its nude passengers, including no naked butts on any public surfaces. AdvertisementA nude cruise is due to set sail in February next year from Miami around the Caribbean — but passengers must follow specific rules about nudity. The Big Nude Boat is a partnership between Norwegian Cruise Line and Bare Necessities, a specialist nude cruise travel company.

Persons: — Organizations: Service, Cruise, Business Locations: Miami, Caribbean

☆ ‘Bare-adise’ adventure: This nude cruise is due to set sail from Miami in 2025
▼ + stars: | 2024-05-02 | by ( Tamara Hardingham-Gill | ) edition.cnn.com time to read: +2 min

CNN —What do you need to pack for a cruise? When it comes to this upcoming cruise from tour and travel company Bare Necessities, the answer appears to be very little. The nudist cruise specialist is teaming up with Norwegian Cruise Line to launch an 11-day voyage from Miami to the Caribbean, scheduled to set sail onboard the 295-meter Norwegian Pearl in February 2025. The “11-Day adventure back to Bare-adise” is scheduled to depart from Miami on February 3 and return on February 14. “Our mission is to provide relaxing, entertaining and health-conscious vacation opportunities that offer non-threatening, natural environments where the appreciation, wonder and compatibility of nature and the unadorned human form can occur,” say Bare Necessities.

Persons: Norwegian Pearl, “ Organizations: CNN, Cruise Line, St Locations: Miami, Caribbean, Bahamas, Puerto Rico, Maarten, Norwegian

☆ Viking shares rise more than 10% after cruise line operator's market debut
▼ + stars: | 2024-05-01 | by ( Seema Mody | ) www.cnbc.com time to read: +1 min

Aerial view of the Viking Jupiter cruise ship anchored in the port of Montevideo, on January 5, 2022. Viking is not your typical cruise operator. In fact, the cruise line doesn't hide the fact that it is going after the high-income baby boomer. The luxury cruise line was targeting a $10.4 billion valuation in its initial public offering on the New York Stock Exchange on Wednesday, making it the third-largest cruise operator after Royal Caribbean and Carnival . Norwegian Cruise Line is the fourth largest.

Persons: Torstein Hagen Organizations: Viking Holdings, Viking, CNBC, New York Stock Exchange, Royal, Cruise Locations: Montevideo

☆ 12 portfolio companies report earnings in the week ahead. What we want to hear from each
▼ + stars: | 2024-04-27 | by ( Zev Fima | ) www.cnbc.com time to read: +15 min

The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . In the week ahead, earnings are likely to drive the action again, though we'll get a few important macroeconomic reports. Earnings: We've got the biggest week of the earnings season ahead of us, with 12 Club holdings set to report. Eli Lilly 's report Tuesday morning continues to be all about sales of type-2 diabetes treatment Mounjaro and weight-loss drug Zepbound. In DuPont 's report Wednesday morning, we're looking for a continued rebound in its semiconductor business following a sequential increase last quarter.

Persons: Ford, we'll, Dow Jones, We've, Buckle, Eaton, Eli Lilly, Lilly, We're, Estee Lauder, Fabrizio Freda, we've, Linde, Bausch, Royal Philips, Woodward, SIRI, Archer, Johnson, Stanley Black, Decker, BAX, Cardinal Health, Parker, Belden, Jim Cramer's, Jim Cramer, Jim Organizations: Nasdaq, Microsoft, Meta, Google Search, Big Tech, Nvidia, Broadcom, Ford Motor, Honeywell, Danaher, Labor Department, Labor, PMI, Services PMI, GE Healthcare, Amazon Web Services, Starbucks, Deutsche Bank, DuPont, Bausch Health, U.S ., Appeals, Apple, iPhones, Vision, ON Semiconductor, Resource Partners, Franklin Resources, Paramount, Transocean Ltd, Semiconductors, Arch Capital, Logitech International, Lattice Semiconductor, F5 Networks, Sanmina Corporation, GE HealthCare, PayPal, 3M Company, McDonalds, Enterprise Products Partners, Cola Company, Melco Resorts, Entertainment, SiriusXM Holdings, Oatly, American Electric Power Company, Leidos Holdings, Marathon Petroleum, Daniels, Midland Co, Equitrans Midstream Corporation, HSBC Holdings, HSBC, Devices, Caesars Entertainment, Lumen Technologies, Mondelez, Pfizer, CVS Health, Barrick, Mastercard Inc, Cruise Line Holdings Ltd, Kraft Heinz Company, Marriott International, Ares, Generac Holdings, Johnson Controls, Cenovus Energy Inc, Qualcomm, Devon Energy, Paycom, Axcelis Technologies, Coeur D'Alene Mines, Sunnova Energy International, MGM Resorts International, MGM, Solar Inc, Oil, Allstate, Co, Tenable Holdings, Enovix Corporation, Gladstone Capital, Avis Budget Group, eBay, EBAY, LIN, Novo Nordisk, Natural Resources, PENN Entertainment, Apache, ConocoPhillips, InMode Ltd, Baxter International, Cardinal, Regeneron Pharmaceuticals, Apollo Global Management, LLC, Cinemark Inc, Dominion Energy, Coterra Energy, Coinbase, Bill.com Holdings, Booking Holdings, United States Steel, AXT Inc, Materials, Energy, Hershey Company, XPO Logistics, Cboe, American Pipeline, Amneal Pharmaceuticals, Brookfield Business Partners, Brookfield Renewable Corporation, Magna International, Jim Cramer's Charitable, CNBC, Traders, New York Stock Exchange, Bloomberg, Getty Locations: U.S, megaprojects, China, Eaton, Corning, Coeur D'Alene, Albemarle, ALB, Novo, New York

☆ The Fed will be the main event in the week ahead that includes a jobs report, more tech earnings
▼ + stars: | 2024-04-26 | by ( Sarah Min | ) www.cnbc.com time to read: +6 min

On top of that, the latest U.S. jobs market scorecard will be released along with more mega-cap earnings. This week, the U.S. 10-year Treasury yield briefly climbed above 4.7% for the first time since November. That's down sharply from the six or seven rate cuts investors were anticipating coming into the year. April jobs Investors will also get an update on the labor picture next week, with the release of the April nonfarm payrolls report set for Friday. Corporate earnings season will also ramp up in the week ahead with a slew of consumer-facing companies set to report.

Persons: Stocks, Powell, David Alcaly, Jerome Powell's, we've, they're, Brian Nick, Matt Stucky, it's, Stucky, Dow Jones, Nick, Archer, Eli Lilly, Kraft, Estee, Ingersoll Rand, Stanley Black, Decker, Hershey Organizations: Nasdaq, Google, Microsoft, Treasury, Lazard Asset Management, Macro, Northwestern Mutual Wealth Management Company, Fed, Apple, Micro Computer, Dallas Fed, Paramount, ON Semiconductor, Chicago PMI, Prudential Financial, Devices, Storage, Diamondback Energy, Caesars Entertainment, Corning, Daniels, Midland, Molson Coors Beverage, Marathon Petroleum, GE Healthcare Technologies, PayPal, ADP, P Global, Manufacturing, Oil, MGM Resorts International, Allstate, Etsy, eBay, Qualcomm, MetLife, First, Devon Energy, Cruise Line Holdings, Brands, Marriott International, Kraft Heinz, Pfizer, Companies, CVS Health, Generac, Mastercard, Labor, Nation Entertainment, Booking Holdings, Natural Resources, Motorola Solutions, Expedia, EOG, Coterra Energy, Dominion Energy, Howmet Aerospace, ConocoPhillips, Moderna, PMI, Services PMI Locations: U.S, Chicago, McDonald's, Albemarle, EOG Resources

☆ These companies spending big to grow their businesses are primed to outperform, Goldman says
▼ + stars: | 2024-04-22 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Companies that are spending big internally to grow their businesses should start outperforming if the economy remains on strong footing, according to Goldman Sachs. The Wall Street bank is advising clients consider buying companies with a high level of capital expenditure and research and development expenses. Those companies have outperformed those returning cash to shareholders via buybacks and dividends this year by 2 percentage points, Goldman said. In this environment, investors typically reward companies investing for growth when economic growth is accelerating, if history is any guide, Goldman said. The firm found a slew of stocks in the S & P 500 with the highest percentage of capex and R & D per market cap.

Persons: Goldman Sachs, Goldman, David Kostin Organizations: Norwegian Cruise Line, United Airlines, American Airlines, Delta Air Lines, Meta, Intel, HP, Western Digital Locations: Norwegian, United

☆ Norwegian Cruise Line CEO on why they are 'the biggest growth story' in the cruise sector
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNorwegian Cruise Line CEO on why they are 'the biggest growth story' in the cruise sectorHarry Sommer, CEO of Norwegian Cruise Line, joins CNBC's 'The Exchange' to discuss Norwegian's new ship order, travel trends, and more.

Persons: Harry Sommer Organizations: Cruise, Norwegian Cruise

☆ An 80-year-old had a stroke during a Norwegian cruise excursion. After the ship left her behind on an African island, her family tracked her journey home using an Apple AirTag.
▼ + stars: | 2024-04-05 | by ( Monica Humphries | ) www.businessinsider.com time to read: +10 min

The cruise continued sailing, and the tour company said they left her with other stranded cruisers. AdvertisementIt wasn't a surprise to Julie Lenkoff's family that she was going on another cruise. During the tour, she passed out and fell, Diogo Beirão, the chief operating officer of the tour company, confirmed to BI. Kurt said he and the rest of Lenkoff's family had no idea this was happening since Norwegian hadn't contacted them. Kurt GiesToday, Lenkoff is in critical conditionSince arriving at the hospital in California, Kurt told BI that Lenkoff has undergone numerous tests and scans.

Persons: Julie Lenkoff, Lenkoff, —, Julie Lenkoff's, Kurt Gies, Lenkoff's, Lana Gies, Kurt, Navetur, Diogo Beirão, Beirão, hadn't, São, Jay Campbell, should've, WRAL, Jill Campbell, Lana, Julie, gurney, Kurt Gies Kurt, would've Organizations: Service, Stanford Medical Center, BI, Campbells, North, Apple, Lenkoff Locations: Norwegian, Africa, São, Gambia, African, American, Lisbon, Portugal, United States, Toronto, San Francisco, California

☆ Don't be surprised if you get left behind when you're late back, says TikToker on the cruise that left 8 passengers stranded
▼ + stars: | 2024-04-04 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Eight passengers were left stranded on São Tomé and Príncipe after missing a cruise ship's boarding deadline. After missing the boarding deadline, the eight people were stuck in São Tomé and Príncipe, an island nation of some 220,000 people off West Africa. It took them six days to get back on the Norwegian Dawn cruise ship, as they missed a chance to re-embark in Gambia before finally getting on board in Senegal. AdvertisementShe explained that cruise lines will hold the ship for passengers on an excursion organized by the company. Jill Campbell, one of the stranded passengers, told NBC News she believed Norwegian Cruise Line had fallen short in a '"basic duty of care."

Persons: —, Gracie O'Connor, O'Connor, Tomé, you've, Jill Campbell Organizations: Service, Norwegian, NBC News, Norwegian Cruise Locations: Norwegian, West Africa, Gambia, Senegal

☆ A group of cruise passengers stranded off the coast of Africa spent 6 days chasing the ship to get back on
▼ + stars: | 2024-04-03 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +2 min

Eight passengers chased their cruise ship around Africa for six days. They were stranded in São Tomé and Príncipe and missed a chance to re-embark in Gambia. AdvertisementA group of passengers left stranded on a small African island after missing a boarding deadline finally managed to rejoin their cruise ship on Tuesday after chasing it for almost a week. The couple had considered not rejoining the ship, believing that Norwegian Cruise Line had fallen short in a '"basic duty of care," Campbell told NBC News. But, six days after being left behind in São Tomé and Príncipe, the cruise line confirmed the eight passengers, including the Campbells, finally re-embarked in Senegal on Tuesday.

Persons: —, São, Jill Campbell, Campbell Organizations: Norwegian Cruise Line, Service, Business, Príncipe Coast Guard, ABC, NBC News, Cruise, NBC, Campbells Locations: Africa, Norwegian, Senegal, Gambia, West Africa, Banjul, São, Dakar

☆ Norwegian Cruise Line passengers were stranded on a small African island after missing a deadline to re-embark
▼ + stars: | 2024-04-02 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +4 min

Read previewA couple says they were stranded on a small African island after they missed a cruise ship's boarding deadline, according to local media. Jay and Jill Campbell, from Garden City, South Carolina, described their ordeal with a Norwegian Cruise Line ship in an interview with WPDE, their local ABC affiliate. The cruise line said the passengers missed the "all aboard time of 3 p.m. local time." AdvertisementThough cruise ships need to stay punctual, ruined-vacation stories like this are a reputational risk and might put people off. Last September, more than 200 people got stuck in a remote part of Greenland after their cruise ship ran aground.

Persons: —, Jay, Jill Campbell, WPDE, Campbells, São, Jay Campbell, concussed Organizations: Service, Norwegian Cruise Line, ABC, Business, Norwegian Dawn, Príncipe Coast Guard, Campbells, Norwegian Cruise, MSC, Royal Locations: Garden City , South Carolina, West Africa, Norwegian, Gambia, Senegal, Greenland, Brisbane, Royal Caribbean

☆ Seven Seas Splendor: World cruise offers swanky suite for $1.7 million
▼ + stars: | 2024-03-29 | by ( Francesca Street | ) edition.cnn.com time to read: +4 min

The cruise line is pitching this 2027 voyage as a “once-in-a-lifetime experience” on board its Seven Seas Splendor liner. The living room area of the Regent Suite, available for $1.7 million on Regent Seven Seas Cruises' upcoming 2027 world cruise. Onboard decadenceWhether guests opt for the Regent Suite or not, prospective Regent Seven Seas Cruises travelers should expect onboard decadence. Cruise line president DeMarco told CNN Travel that the fact Regent Seven Seas’ world cruise is “truly all-inclusive” means there’s “value” associated with these high costs. The cruise line is currently operating a sold-out 2024 world cruise on board its Seven Seas Mariner cruise ship, while its 2025 world cruise also sold out in what Regent Seven Seas’ claimed was “record time.” The cruise line’s 2026 world voyage still has suites available at time of writing.

Persons: CNN —, Andrea DeMarco, there’s, DeMarco, Joan Miró, Picasso, filet mignon Organizations: CNN, Regent Seven Seas Cruises, CNN Travel, Regent, Regent Seven, Suite, Regent Seven Seas, Seas, Norwegian Cruise Line Holdings, Seven Seas, Seven Locations: Bali , Sydney, Mumbai

☆ Cruises are heading to different ports because of the Baltimore bridge collapse, and Carnival says it's only taking a little loss
▼ + stars: | 2024-03-28 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

One of its cruises, the Carnival Legend, departed on Sunday for a seven-day round trip from the Baltimore port and will return instead to Norfolk. Competitors Royal Caribbean and Norwegian Cruise Line were up around 3% and 6% respectively at closing. American Cruise Line also frequents the Baltimore port on East Coast itineraries — its American Glory cruise is set to sail next week. The company has over 30 cruises scheduled from the Baltimore port for the rest of 2024. The Baltimore port is the 17th-largest in the US, and the bridge collapse has left six construction workers presumed dead.

Persons: —, Josh Weinstein, Weinstein Organizations: Royal, Cruise, Service, Coast Guard, Royal Caribbean, Cruise Line, Washington Post . Locations: Baltimore, Norfolk , Virginia, Royal Caribbean, Baltimore's, Norfolk, New York, Washington, East

☆ Baltimore’s Port Handled a Record Amount of Cargo Last Year
▼ + stars: | 2024-03-26 | by ( Jenny Gross | More About Jenny Gross | ) www.nytimes.com time to read: +2 min

The port handled a record amount of cargo last year, making it the 20th biggest port in the nation ranked by total tons, according to the Bureau of Transportation Statistics. Around the world, about 40 ships, including 34 cargo vessels, have Baltimore listed as a destination, including 10 commercial ships with anchors dropped in nearby waters, according to MarineTraffic, which tracks ships. The arrival of large container ships to the port “continues to demonstrate Baltimore’s capabilities of handling supersized vessels,” Governor Moore said in the statement. The port handled nearly 850,000 cars and light trucks last year, more than in any other U.S. port for the past 13 years. It was the ninth-busiest port in the nation last year for receiving foreign cargo, in terms of volume and value.

Persons: Francis Scott Key, Wes Moore, Georgios Hatzimanolis, ”, Dali, Governor Moore Organizations: Port, Bureau of Transportation Statistics, Gov, Maryland Port Administration, Cruise Line Locations: Port of Baltimore, United States, Maryland, Baltimore, New Jersey, North Carolina, Baltimore’s, State

☆ Concert promoter Live Nation is getting into the ultra-luxury cruise business — see what it'll be like on weeklong superyacht sailings starting at $3,000 a person
▼ + stars: | 2024-03-18 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Armed with EDSea’s success, Vibee wants to dive deeper into the cruise segment — this time with a luxurious spin. A spokesperson for Vibee said it anticipates travelers would range from affluent guests to people with "less discretionary income" who would save money to attend. Vibee"We see the desire for cruise and yacht experiences continuing to rise," Harvey Cohen, president of Vibee, told Business Insider, echoing sentiments of the cruise industry's booming demand. And not just the mass-market players: Over the last year, luxury cruise lines have also seen a rise in interest. The latter had launched its latest $517.9 million luxury ship a few months prior, complete with caviar and a $6 million art collection.

Persons: Vibee, Harvey Cohen Organizations: Business, Cruise Line Holdings, Regent Seven Locations: Oceania

☆ Oceania wants travelers to live on its new luxury cruise ship for 6 months while it sails to 43 countries. A trip starts at $60K — see what it'll be like.
▼ + stars: | 2024-03-10 | by ( Brittany Chang | ) www.businessinsider.com time to read: +1 min

Oceania announced a 180-day 2026 world cruise from Miami to 101 ports, starting at $59,700 a person. The premium cruise brand tapped its new luxury ship, Vista, for the 43-country itinerary. Oceania's 2024 world cruise set sail in January after it sold out in 30 minutes. AdvertisementOceania Cruises wants you to spend at least $59,700 — and 180 days — living on its newest cruise ship while it sails 360 degrees around the globe. In January, its most recent world cruise on the fully booked Insignia departed from Los Angeles on a similar 180-day, 96-port journey.

Persons: — Organizations: Oceania, Service, Oceania Cruises, Norwegian Cruise Line Holdings Locations: Miami, Los Angeles, Oceania, Norwegian

☆ Possible Viking IPO is latest sign cruise industry is a good bet for investors, according to analyst. How to play it
▼ + stars: | 2024-02-29 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

With Covid-19 disruptions in the rearview mirror and the cruise industry back on track, another cruise line has taken a step towards possibly going public. Melius Research believes a Viking IPO makes rational sense. Norwegian Cruise Line , whose recovery has lagged its rivals, reported on Tuesday its first profitable year since 2019 . While shares of Norwegian, Royal Caribbean and Carnival are all down so far this year, they had a blockbuster 2023. A Viking IPO could bring both," he said.

Persons: Conor Cunningham, Cunningham Organizations: Viking Holdings, U.S . Securities, Exchange Commission, Research, Norwegian Cruise, Norwegian, Royal, Royal Caribbean, Carnival Locations: Norwegian, Royal Caribbean

☆ Norwegian Cruise Line reports first profitable year since 2019
▼ + stars: | 2024-02-27 | by ( Laya Neelakandan | ) www.cnbc.com time to read: +2 min

The Norwegian Viva is docked at PortMiami's Terminal B ahead of its christening ceremony on Nov. 29, 2023, in Miami. Norwegian Cruise Line Holdings on Tuesday reported its first profitable year since 2019 as fourth-quarter losses narrowed dramatically. The cruise company reported strong growth and ticket demand with an encouraging 2024 forecast. Adjusting for one-time items, Norwegian reported a loss per share of 18 cents. "Norwegian Cruise Line Holding experienced a momentous year of growth and achievement in 2023," CEO Harry Sommer said in a statement.

Persons: Harry Sommer, it's, LSEG Organizations: Norwegian Cruise Line Holdings, Norwegian, Cruise Line, Royal Caribbean Cruises, Carnival Corp Locations: Norwegian, Miami, LSEG, Gaza

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