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The logo of the company Royal Caribbean is seen on the 'Wonder of the Seas' cruise ship, the world’s largest cruise ship, docked at a port in Malaga, southern Spain, April 30, 2022. Cruise operators lowered prices to lure passengers onboard following the pandemic, banking on onboard spending that has now reached record levels. Onboard spending in the second quarter rose 49.9% for Norwegian Cruise Lines (NCLH.N), compared with the same period in 2019, before the pandemic. Onboard spending rose about 36.8% for Royal Caribbean Cruises and 17.2% for Carnival in the same period. Carnival and Royal Caribbean said the percentage of guests who were new to cruising surpassed 2019 levels.

Persons: Jon Nazca, Patrick Scholes, Josh Weinstein, Bob Levinstein, Cruise, Carnival's Weinstein, Jason Liberty, Brandt Montour, Granth, Anil D'Silva Organizations: Royal, REUTERS, Royal Caribbean Cruises, Carnival Corp, Carnival, Cruise, Norwegian Cruise Lines, DISNEY WORLD, Walt Disney, Custom Travel, Reuters Graphics, Cruise Lines International, . Carnival, Barclays, Thomson Locations: Royal Caribbean, Malaga, Spain, U.S, Caribbean, Orlando , Florida, They've, Bengaluru, Doyinsola, New York

☆ Susquehanna downgrades Norwegian Cruise Line, says post-Covid recovery has a long way to go
▼ + stars: | 2023-08-02 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Susquehanna said it's "setting sail" on Norwegian Cruise Line . The firm downgraded its rating on Norwegian Cruise Line shares to neutral from positive. To be sure, Stathoulopoulos highlighted various enterprise initiatives and efforts toward changing the company's core culture. He added that the company is "leaving no stone unturned" toward cost-cutting measures across the board. "While we view NCLH's 'soft' long-term plan as strategically sound, absent a more formal or explicit long-term guide … and given lingering macro uncertainty, we see better risk/reward in peer [Royal Caribbean]," Stathoulopoulos added.

Persons: Susquehanna, NCLH RCL, Christopher Stathoulopoulos, Harry Sommer, Stathoulopoulos, — CNBC's Michael Bloom Organizations: Cruise Line, Royal, Cruise Locations: —, Caribbean

The Norwegian Pearl cruise ship is seen docked at Miami port, after Norwegian Cruise Line Holdings Ltd cancelled sailings amid rising fears of Omicron-related coronavirus infections, in Miami, Florida, U.S. January 5, 2022. Rival Royal Caribbean (RCL.N) last week forecast an upbeat third-quarter profit as well as lifted its annual profit expectations. Norwegian Cruise forecast its annual adjusted EBITDA, a key measure of profitability, between $1.85 billion and $1.95 billion, up from $1.80 billion to $1.95 billion previously. Despite undertaking price hikes on its itineraries, Norwegian Cruise has been bogged down by inflation and higher labor costs. Rival Carnival (CCL.N) has also forecast third-quarter profit below estimates on higher costs.

Persons: Marco Bello, Patrick Scholes, Royal, Harry Sommer, Norwegian's, Granth, Shinjini Organizations: Cruise Line Holdings Ltd, REUTERS, Reuters, Cruise, Royal, Truist Securities, Norwegian Cruise, Thomson Locations: Norwegian, Miami, Miami , Florida, U.S, Royal Caribbean, Bengaluru

☆ Norwegian Cruise projects third-quarter profit below estimates as costs bite
▼ + stars: | 2023-08-01 | by ( ) www.reuters.com time to read: +1 min

Aug 1 (Reuters) - Norwegian Cruise Line (NCLH.N) forecast third-quarter profit below estimates on Tuesday as higher costs offset its gains from pent-up demand for leisure travel and raised ticket prices, sending its shares down about 10% before the bell. Despite undertaking price hikes, higher costs and spiraling marketing expenses have eroded the benefits of a recent resurgence in demand from affluent customers. Rival Carnival (CCL.N) has forecast third-quarter profit below estimates, signalling that rising marketing and labor costs were eating into its gains from higher ticket prices and steady demand. Norwegian Cruise expects third-quarter adjusted profit of 70 cents per share, compared with analysts' average estimate of 79 cents, according to data from Refinitiv. However, the cruise operator expects full-year adjusted profit of 80 cents per share, compared with its earlier forecast of 75 cents.

Persons: Granth, Shinjini Organizations: Cruise, Carnival, Royal Caribbean Cruises, Norwegian Cruise, Thomson Locations: Russia, Ukraine, Norwegian, Refinitiv, Bengaluru

☆ Angus Cloud’s unlikely journey from waiter to celebrated actor
▼ + stars: | 2023-08-01 | by ( Lisa Respers France | ) edition.cnn.com time to read: +4 min

CNN —There’s a viral video of actor Angus Cloud that almost went unnoticed. When video from their gathering popped up on her friend’s Snapchat memories four years later, Justance told NBC that her friend recognized Cloud among the restaurant’s staff. “People just think, ‘Oh, he just shows up. “I don’t know, but apparently, because they cast me off the street, I guess the character of Fezco was [never meant to stick around]. “I don’t know how I was going out, but hopefully I would’ve gone out like a G.”The first-time actor seemed to enjoy the work, but his visibility not so much.

Persons: CNN —, Angus Cloud, Darleen Justance, Justance, Fez, ’ ” Justance, Cloud, Fezco, ”, “, I’m, Eléonore Hendricks, wasn’t, ’ ”, ain’t, Jennifer Venditti didn’t, Jacob, Elordi, Angus, Sam Levinson Organizations: CNN, NBC, HBO, Variety, “ Locations: Brooklyn, New York City, Oakland , California

☆ Stocks making the biggest moves midday: Coinbase, SoFi, DoorDash and more
▼ + stars: | 2023-08-01 | by ( Hakyung Kim | ) www.cnbc.com time to read: +5 min

DoorDash — Shares tumbled about 4% ahead of the company's quarterly earnings announcement Wednesday after the bell. Despite reporting better-than-expected earnings and revenue in the second quarter, its third-quarter revenue guidance was lower than analysts were expecting. Leidos Holdings — The defense solutions company's shares rallied 6.7% after its second-quarter results topped analyst estimates. Eaton Corporation — The power management company's shares increased 5.6% after beating analyst expectations on both earnings and revenue in the second quarter. Meanwhile, analysts had estimated $2.59 earnings per share on $2.19 billion in revenue, according to FactSet.

Persons: Refinitiv, ResMed, Adrienne Yih, Leidos, FactSet, — CNBC's Alexander Harring, Yun Li, Pia Singh, Tanaya Macheel, Michelle Fox, Sarah Min Organizations: Toyota, Securities, SEC, RBC, Barclays, JetBlue Airways –, American Airlines, Technologies, Cruise Line Holdings, Norwegian Cruise Line, Rockwell Automation, Systems, Molson Coors Beverage —, StreetAccount, Leidos Holdings, Eaton Corporation, Global Payments Locations: San Diego , U.S, Manhattan, Monday's, FactSet

☆ The US stock market just had its best year — so far — since 1997
▼ + stars: | 2023-08-01 | by ( Krystal Hur | ) edition.cnn.com time to read: +2 min

New York CNN —The stock market just had its best performance through July in 26 years. The benchmark S&P 500 index closed last month with a boost of about 21% for the year. Along with the Nasdaq Composite, the S&P 500 notched its fifth winning month in a row in July, marking the broad-based index’s longest monthly winning streak since 2021. About 81% of the 292 companies in the S&P 500 that have reported their second-quarter results so far have reported earnings above analyst expectations, according to data from Refinitiv Lipper. An equal-weighted version of the S&P 500 underperformed year to date through July.

Persons: Dow Organizations: New, New York CNN, Dow Jones, Nasdaq, Tech, Nvidia, Apple, Microsoft, Tesla, Meta, Royal, Federal Reserve Locations: New York, Royal Caribbean

Analysts point to receding recession concerns and the prospect of a less aggressive policy stance from the U.S. Federal Reserve as factors fuelling hopes for a broader market rally. The second quarter earnings season has started positively for cyclical sectors, with over a quarter of the global companies announcing their results so far, Refinitiv Eikon data showed. "The upcoming earnings season has the potential to broaden the rally for sure. However, there are plenty of laggards especially in cyclical sectors such as financials and consumer discretionary, which are available at attractive valuations, analysts say. Over the past month, the communication services, mining and financial sectors have all posted about 5% gains, outpacing the tech sector's modest 2% rise.

Persons: Puneet Singh, Singh, Alastair Pinder, Derek Izuel, Patturaja Murugaboopathy, Noel Randewich, Vidya Ranganathan, Alison Williams Organizations: U.S . Federal Reserve, Reuters, Societe Generale, Carnival Corp, Equity, Nasdaq, Intelligence, Royce, Reuters Graphics Reuters, HSBC Research, Shelton Capital Management, Thomson Locations: U.S, Singapore, Asia, Europe, California

☆ UNESCO recommends adding Venice to list of world heritage sites in danger
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

[1/2] Gondoliers row their gondolas through the Venice Canal as the city prepares for the Redentore Festival celebrations in Venice, Italy, July 15, 2023. REUTERS/Manuel Silvestri/File PhotoJuly 31 (Reuters) - UNESCO experts have recommended that Venice and its lagoon be added to its list of World Heritage in Danger as Italy is not doing enough to protect the city from the impact of climate change and mass tourism. UNESCO World Heritage Centre experts regularly review the state of the UN cultural agency's 1,157 World Heritage sites, and at a meeting in Riyadh in September, a committee of 21 UNESCO member states will review more than 200 sites and decide which to add to the danger list. Other sites recommended to be put on the danger list this year are the cities of Kyiv and Lviv in Ukraine. A spokesperson for the Venice municipality told Reuters the city "will carefully read the proposed decision published today by the Center for UNESCO's World Heritage Committee and will discuss it with the government".

Persons: Manuel Silvestri, Geert De Clercq, Augustin Turpin, Federica Urso, Leslie Adler Organizations: REUTERS, UNESCO, Heritage Centre, UN, Reuters, Center, World Heritage, Thomson Locations: Venice, Italy, Danger, Riyadh, Odessa, Ukraine, Timbuktu, Mali, Syria, Iraq, Libya, Kyiv, Lviv, Paris, Rome

☆ Cruises are increasingly adopting the strategy of budget airlines: Get ready to pay more for all the extras.
▼ + stars: | 2023-07-30 | by ( Brittany Chang | ) www.businessinsider.com time to read: +9 min

Cruise lines are seemingly adopting the budget airline model: Charge a base fare and pile on extras. Newer cruise ships have "more opportunities to upsell" with restaurant and entertainment options. In fact, cruise lines have told their investors recently that passengers are embracing these add-on costs — and enhancing their bottom lines. "Cruise lines are creative to try to make you forget you actually bought some things nine months ago," Scholes said. Cruise lines are trying to cut costs at the same timeThe cost of drink packages have been increasing on some cruise lines.

Persons: Brittany Chang, Patrick Scholes, Guy, Scholes, Silversea, It's, it's, Josh Weinstein, Tynan Smith, Kara Wallace, Royal Organizations: Cruise, New, Truist Securities, Norwegian Cruise Line, MSC Cruises, Royal, Royal Caribbean Group, Royal Caribbean, Carnival Corp, Street Journal, UBS, Royal Caribbean's Locations: New York City, Norwegian, Royal Caribbean, Royal, Brittany

☆ Three injured in shooting in Dutch city Rotterdam
▼ + stars: | 2023-07-29 | by ( ) www.reuters.com time to read: 1 min

AMSTERDAM, July 29 (Reuters) - Three people were injured in a shooting Saturday night during a summer carnival in the Dutch port city of Rotterdam, police said in a statement. Police fired several shots at a shooter, it said. The victims and the shooter were taken to hospital. A shooting took place earlier in the day during the same event, police said in a separate statement. Reporting by Anthony Deutsch; Editing by Daniel WallisOur Standards: The Thomson Reuters Trust Principles.

Persons: Anthony Deutsch, Daniel Wallis Organizations: Police, Thomson Locations: AMSTERDAM, Rotterdam

July 27 (Reuters) - Royal Caribbean Group (RCL.N) raised its full-year profit forecast on Thursday, betting on higher ticket prices and resilient demand for leisure travel from affluent customers, sending shares surging. Royal Caribbean's shares were up 8.1% at $109.01 in premarket trading as it also forecast third-quarter adjusted profit above estimates. The company expects an adjusted profit between $3.38 and $3.48 per share in the third quarter, compared with estimates of $2.89 per share. Royal Caribbean expects annual adjusted profit between $6.00 and $6.20 per share, compared with its earlier forecast of $4.40 to $4.80 per share. Shares of rival operators Carnival Corp and Norwegian Cruise Line Holdings rallied in tandem following Royal Caribbean's results, gaining 5.2% and 4.7%, respectively.

Persons: Caribbean's, Jason Liberty, Granth, Shounak Dasgupta Organizations: Royal Caribbean Group, Royal Caribbean, Carnival Corp, Cruise Line Holdings, Thomson Locations: Royal Caribbean, Bengaluru

☆ Cruise Stocks Surge, Airlines Fall After Earnings
▼ + stars: | 2023-07-27 | by ( ) www.wsj.com time to read: 1 min

One takeaway from this morning’s round of earnings: Demand for leisure travel is booming, but business travel is still shaky. Royal Caribbean stock jumped nearly 7% after the cruise operator reported second-quarter earnings of $1.82 per share, well above Wall Street expectations of $1.57. Southwest Airlines fell more than 8%, the worst performer in the S&P 500 and on pace for the stock's worst day since 2020. The airline said business travel demand hasn’t yet recovered to prepandemic levels. Delta, American and United shares also edged lower.

Organizations: Royal, Southwest Airlines, United Locations: Royal Caribbean, Norwegian

☆ Beyond the metaverse
▼ + stars: | 2023-07-26 | by ( Sponsor Post | Created Insider Studios With Pwc | ) www.businessinsider.com time to read: +8 min

However, many consumers — and even business leaders — are still confused about what the metaverse actually is and how it will work. No matter what you call it — the metaverse, spatial computing, the 3D web – when the metaverse is broken down into its component parts, more realistic applications emerge. "We call it Metaverse Technologies for a reason." PwCIt's not just retail; events that have traditionally relied on in-person participation are also embracing a combination of metaverse technologies. The Venice Carnival is just one example of how metaverse technologies can create new ways for people to connect, learn, and experience the world.

Persons: —, Roberto Hernandez, We've, Hernandez, Joe Harrington, Harrington, We're, Alberto Bozzo, Ve.La, PwC Organizations: Technologies, PwC, Venice Carnival, Venice, Companies, Insider Studios Locations: Venice

☆ Wall St sees bargains and lure of Europe buoying cruise, hotel earnings
▼ + stars: | 2023-07-24 | by ( Doyinsola Oladipo | ) www.reuters.com time to read: +4 min

Passenger ticket and onboard spending revenue is expected to increase 66% and 36%, respectively. Cabin bookings in the second quarter were up 58% compared to this time last year. For Carnival, booking volumes in the second quarter were 17% higher than in 2019, Carnival CEO Josh Weinstein told investors in June. Meanwhile, investors will be watching if record nightly rates for on-shore accommodations can offset revenue in the second quarter. Hotel and short-term rental rates were about 18% and 35% more expensive in the second quarter than in 2019, according to analytics firms CoStar and AirDNA.

Persons: Brandt Montour, McKinsey, Sylvia Jablonski, Patrick Scholes, Josh Weinstein, AirDNA, Hilton, Doyinsola Oladipo, Granth, Susan Heavey Organizations: YORK, Investors, Hilton Worldwide Holdings, Royal Caribbean Cruises, Barclays, Royal, Carnival Corp, Cruise Line Holdings, Airlines, Cruises, Cruise, Truist Securities, Thomson Locations: Europe, United States, AirDNA . U.S, Asia, New York, Bangalore

☆ Splunk CEO Gary Steele goes one-on-one with Jim Cramer
▼ + stars: | 2023-07-18 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Splunk CEO Gary Steele goes one-on-one with Jim CramerSplunk President and CEO Gary Steele joins 'Fast Money' to talk the companies partnership with Carnival, the benefits of A.I.

Persons: Gary Steele, Jim Cramer Splunk Organizations: Carnival

☆ Here are Tuesday's biggest analyst calls: Apple, Alphabet, Pinterest, Netflix, Amazon, Nvidia & more
▼ + stars: | 2023-07-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Tuesday's biggest calls on Wall Street: Jefferies reiterates Apple as buy Jefferies said it's expecting a "quiet quarter" when the company reports earnings Aug. 3. Wells Fargo reiterates Netflix as overweight Wells said it's bullish heading into the company's earnings report Wednesday. Jefferies reiterates Alphabet as buy Jefferies said it's bullish heading into Alphabet earnings next week. Bank of America downgrades Lumentum to neutral from buy Bank of America called the stock an "overstated" AI beneficiary. JPMorgan reiterates Amazon as overweight JPMorgan said the e-commerce giant is its top pick heading into earnings. "

Persons: Jefferies, it's, Wells, Truist, Piper Sandler, Dave, Buster's, Piper, Bernstein, Goldman Sachs, Goldman, Max, Roth, Uber, Roth MKM, it's bullish, Morgan Stanley, Evercore, Marvell, Williams Deutsche, Sherwin Williams, JPMorgan Organizations: Apple, Netflix, Argus, Warner Brothers Discovery, Citi, Polaris Citi, 2Q, Bank of America, Nvidia, American Express, Digital, Marvell Technology Inc, Global, Inc, Deutsche Bank, Sherwin, JPMorgan Locations: capex

☆ Cramer gives his "haves" and "have nots" of the earnings season
▼ + stars: | 2023-07-13 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

It's earnings season, and CNBC's Jim Cramer is giving you his list of haves and have nots. On Thursday, Cramer listed the companies and sectors he thinks are currently thriving on the market alongside the ones he believes are not. Many of these companies, Cramer said, are thriving due to their focus on AI, especially Alphabet, Microsoft and Nvidia. Cramer highlighted a few other contenders also doing well in the tech space like Oracle , Salesforce and Adobe . When it comes to the have nots, Cramer pointed to phone companies, specifically AT&T and Verizon .

Persons: Jim Cramer, Cramer, what's, Wynn, Darden, Kohl Organizations: Microsoft, Apple, Meta, Nvidia, Tesla, Adobe, MGM, Verizon, Nordstrom Locations: Chipotle

☆ 13 Looks That Did the Most at the ‘Barbie’ Premiere
▼ + stars: | 2023-07-10 | by ( The Styles Desk | ) www.nytimes.com time to read: +1 min

If the message of the movie is that all of us are Barbie and Barbie is all of us, the pink carpet did a good job of reinforcing that message (at least that’s what the cryptic trailers imply, but we’re not sure, as no screeners have been made available). Would Ms. Sontag have found the event sufficiently earnest? Many of the attendees paid homage to the plastic icon’s palette and smoothness of skin, but that’s par for the course in Hollywood. Following a cavalcade of YouTube personalities and influencers like David Dobrik, stars like Greta Gerwig and Issa Rae arrived in head to toe pink. Cast members like Helen Mirren and Will Ferrell did not make appearances on the carpet — a shame, as Mr. Ferrell surely would have looked great dressed as Barbie.

Persons: Susan Sontag, ’ ”, Barbie, we’re, Sontag, David Dobrik, Greta Gerwig, Issa Rae, Helen Mirren, Will Ferrell, Ferrell Organizations: Mattel, YouTube Locations: Los Angeles, Hollywood

☆ These are the cruise ships with the best — and worst — sanitation scores so far this year
▼ + stars: | 2023-07-09 | by ( Hannah Towey | ) www.businessinsider.com time to read: +5 min

These are the cruise ships with the best and worst sanitation report cards in 2023 so far. There's nothing like a stomach virus to ruin your vacation, as hundreds of cruise ship passengers have unfortunately learned this year. "People often associate cruise ships with acute gastrointestinal illnesses such as norovirus, but acute gastrointestinal illness is relatively infrequent on cruise ships," the CDC explains on its website. In the past 10 years, only three other cruise ships have received sanitation scores below 70, CDC records show. These are the cruise ships with the highest and lowest sanitation scores so far this year:The 15 cruise ships with perfect scores of 100The majority of cruise ships have received CDC sanitation scores in the high nineties this year.

Persons: Gerard Bottino Organizations: CDC, Morning, Health, Vessel Sanitation, MSC, MSC Cruises, Royal Caribbean International Cruise, Seas Royal Caribbean, Cruise Lines, Inc, Sunshine, Disney, Disney Cruise, Cruise Management, Joy Norwegian Cruise, Pearl Norwegian Cruise, Riviera Oceania, Rotterdam Holland America, Silversea Cruises, Getty Locations: United States, Rotterdam

☆ Top Wall Street analysts favor these stocks for the long haul
▼ + stars: | 2023-07-09 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +6 min

Here are five stocks chosen by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. In line with his investment thesis, Setyan reaffirmed a buy rating on the stock with a price target of $123. He explained that his price target reflects a premium valuation, which is "appropriate given our expectation of accelerating market share gains within casual dining for the foreseeable future." Feinseth reaffirmed a buy rating on CCL and boosted his price target to $23 from $13. Accordingly, he reiterated a buy rating and increased the price target to $490 from $365.

Persons: Sanjay Mehrotra, Micron Scott, Wall, Goldman Sachs, Toshiya Hari, Micron's, Hari, Nick Setyan, Setyan, Ivan Feinseth, Feinseth Organizations: Micron, Micron Scott Mlyn, CNBC, Nasdaq, Cyberspace Administration, Tigress, CCL Locations: China, TipRanks, Texas, MDB

☆ Look at the Stocks Leading the Market Now
▼ + stars: | 2023-07-07 | by ( Jeff Sommer | More About Jeff Sommer | ) www.nytimes.com time to read: +1 min

Many top performers in the stock market for the first half of this year were exactly what you would expect, if you’ve been following the news. Tesla, the electric vehicle champion, wasn’t far behind. But what were cruise ships doing near the very pinnacle of the stock market listings? At midyear, three of the big cruise companies — Carnival, Royal Caribbean Group and Norwegian Cruise Line Holdings — were among the top 10 stocks in the S&P 500. Consider that only three years ago, in the first months of the coronavirus pandemic, all cruise lines suspended operations and that in the ensuing months, the shares of publicly traded cruise companies were devastated.

Persons: you’ve, Tesla, wasn’t Organizations: Nvidia, Meta, Facebook, Royal Caribbean Group, Cruise Line Holdings

Only a handful of companies are responsible for most of the index's gains thus far, including the likes of Nvidia (NASDAQ: NVDA ), Meta (NASDAQ: META ) and Tesla (NASDAQ: TSLA ). The good news is market breadth improved beginning in late May and leadership has expanded to include cyclical sectors and industries. Still, these firms have become so expensive relative to the broader market that some analysts have recently begun downgrading them. More from Personal Finance:As July 4 motorists kick off summer travel, how to save on gasWhat to know about your rights as an air travelerHow travelers are booking vacations amid inflationOne place to start could be cruise companies: Carnival Cruise Line (NYSE: CCL ), Norwegian Cruise Line (NYSE: NCLH ) and Royal Caribbean International (NYSE: RCL ). Perhaps no other industry took it on the chin as hard during the pandemic, which halted sailings for months.

Organizations: NASDAQ, Nvidia, Meta, Tesla, Finance, NYSE, Cruise Line, Royal Caribbean International

☆ Life at Sea's three-year cruise will get a bigger ship
▼ + stars: | 2023-07-05 | by ( Julia Buckley | ) edition.cnn.com time to read: +12 min

Life at Sea Cruises is now owned and operated entirely by Miray Cruises, a company with a 30-year history of operating in the Aegean. Bigger ship, fewer guestsStaterooms on the new ship will have 20 square feet more per cabin, say Miray Cruises. Life at Sea CruisesMeanwhile, Miray says it is launching its first Life at Sea cruise in its new ship as planned in November. MV Lara will be larger than the Gemini, Kendra Holmes, CEO of Miray Cruises, told CNN. And this Miray team is accommodating to everyone – If there are concerns, they fix it, if there are ideas they put them into place.

Persons: Miray, “, Mikael Petterson, Irina Strembitsky, Petterson, Staterooms, Lara, Kendra Holmes, Holmes, ” Holmes, Cruises, Heidi Klum, AIDA Cruises, Sharon Lane, ”, ’ ”, Meredith Shay, Shay, Ingrid Warwick, “ It’ll, “ That’s, Finnbarr Webster Organizations: CNN, Sea Cruises, Cruises, Miray Cruises, Gemini, Carnival, Sea, Petterson, Vie Locations: Europe, German, “, Florida, Germany, Istanbul

☆ 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

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