nealstuber Posted June 15, 2013 #376 Share Posted June 15, 2013 According to JH, "Comedy" is being dropped from Brunch, Lido entertainment is being reviewed and new MDR menus are coming. Not bad for UBs first week. I might have to change my signature! I feel particularly engaged as my tag line used to say something similar about the change from a deck bands to a Jumbo tron. Link to comment Share on other sites More sharing options...
Sargent_Schultz Posted June 15, 2013 #377 Share Posted June 15, 2013 So, that would be no then. It would be not my job. I know it is a fact. Link to comment Share on other sites More sharing options...
Sargent_Schultz Posted June 15, 2013 #378 Share Posted June 15, 2013 Well, never say never, but the DOJ has already told Carnival no more after Princess. Carnival could always sell some off or perhaps spin some off. They did sell Windstar. Link to comment Share on other sites More sharing options...
undertheradar Posted June 16, 2013 #379 Share Posted June 16, 2013 Just google royal plans third oasis. Many news articles on how they are trying to get loans and perks from shipbuilders countries to build it I've read plenty of reports about financing 3rd oasis ship. Have yet to see any begging being mentioned. I have seen smart business practices that reduce the risk to RCL. Link to comment Share on other sites More sharing options...
kybluecruiser Posted June 16, 2013 #380 Share Posted June 16, 2013 I've read plenty of reports about financing 3rd oasis ship. Have yet to see any begging being mentioned. I have seen smart business practices that reduce the risk to RCL. http://www.******************.com/2012/12/18/royal-caribbean-third-oasis-class-ship-status-update Don't know if that link will work but it is from royal Caribbean blog. .com Link to comment Share on other sites More sharing options...
swedish weave Posted June 16, 2013 #381 Share Posted June 16, 2013 Well, never say never, but the DOJ has already told Carnival no more after Princess. I didn't know the DOJ had the power to prevent a company from going bankrupt and auctioning their assets. Thank you for enlightening me.:rolleyes: Are you sure ????????? Link to comment Share on other sites More sharing options...
EZ4 Posted June 16, 2013 #382 Share Posted June 16, 2013 I didn't know the DOJ had the power to prevent a company from going bankrupt and auctioning their assets. Thank you for enlightening me.:rolleyes: Are you sure ????????? With all of their new tonnage coming online, I doubt that NCL and RCI will have any interest in Carnival's stuff. Link to comment Share on other sites More sharing options...
dclark Posted June 16, 2013 #383 Share Posted June 16, 2013 Got any evidence to back up this statement? Keep in mind that S.S. doesn't know anything about business. When building a large ship, you negotiate price and financing. You don't just write a check with all those zeroes! The shipyards are hurting and RCL does this thing called "negotiating". That's business. When you negotiate the price on a new car, does that qualify as "begging"? When you negotiate that price and get 0% financing for 60 months, does that qualify as "begging"? Of course not! CCL is dead in the water. They have an aging fleet and while they put lipstick on the pigs (like the Destiny), its competitors are ordering new ships. They have to, they need room for all those former CCL cruisers! Link to comment Share on other sites More sharing options...
swedish weave Posted June 16, 2013 #384 Share Posted June 16, 2013 With all of their new tonnage coming online, I doubt that NCL and RCI will have any interest in Carnival's stuff. Where are you getting these imaginary ideas ?? Companies (and people) that accumulate massive debt go bankrupt. Carnival does not fit that profile. Link to comment Share on other sites More sharing options...
EZ4 Posted June 16, 2013 #385 Share Posted June 16, 2013 Where are you getting these imaginary ideas ?? Companies (and people) that accumulate massive debt go bankrupt. Carnival does not fit that profile. If you're the last one off the ship, don't forget to turn the lights off. :p Link to comment Share on other sites More sharing options...
Keel Haul Posted June 16, 2013 #386 Share Posted June 16, 2013 Sarge ---- If you can get JH's job as some have suggested, maybe you can finance it for them !!!!:D:Dany amount is fine-$5 is popular:p Link to comment Share on other sites More sharing options...
Miami09 Posted June 16, 2013 #387 Share Posted June 16, 2013 Where are you getting these imaginary ideas ?? Companies (and people) that accumulate massive debt go bankrupt. Carnival does not fit that profile. Not sure if I am mis-reading this or not but Carnival Cruise Lines certainly has a debt load it carries. As far as negoitating for business of course Carnival does that as well. Fincanteri Shipbuilders has a long working relationship with Carnival. Do not think for a moment Carnival has not used that as leverage when wanting to go for a new build. What new ships Carnival has built a prefabricated elements with minor adjustments depending on specific needs. Any shipyard could construct what Fincanteri builds quite easily, and Carnival would most definetly hold that over Fincanteri in negoitating a price. And FIncanteri is a state owned company of the Italian Government. The gov't has an interest in keeping people employed and that allows for greater access on price negoiations..making it easier on CCL to keep control on price. Link to comment Share on other sites More sharing options...
Sargent_Schultz Posted June 16, 2013 #388 Share Posted June 16, 2013 any amount is fine-$5 is popular:p Yes. $5 is popular. Thanks for the plug. :rolleyes: Link to comment Share on other sites More sharing options...
Keel Haul Posted June 16, 2013 #389 Share Posted June 16, 2013 Yes. $5 is popular. Thanks for the plug. :rolleyes:My pleasure, we call it a puff in the UK:p Link to comment Share on other sites More sharing options...
Sargent_Schultz Posted June 16, 2013 #390 Share Posted June 16, 2013 I do in fact know a good deal about business. Royal's negotiating skills are so good that they have negotiated the rating of their bonds to near junk level. Without begging for finance, they would have little option but to let their bond rating sink even lower and drop even further into debt. :p Link to comment Share on other sites More sharing options...
Miami09 Posted June 16, 2013 #391 Share Posted June 16, 2013 I do in fact know a good deal about business. Royal's negotiating skills are so good that they have negotiated the rating of their bonds to near junk level. Without begging for finance, they would have little option but to let their bond rating sink even lower and drop even further into debt. :p I never said you didn't Sargent Schultz. Reading your posts you are very pro-Carnival and that shows in your postings. To say Carnival doesn't carry debt (several billion on the books) or doesn't need to negoitate with shipbuilders is absolutely untrue. For certainty, CCL, like NCL and RCL negoitate heavily for reductions and gifts in their projects with shipbuilders. CCL is expected to negoitate the best deal possible, and it does. Link to comment Share on other sites More sharing options...
Miami09 Posted June 16, 2013 #392 Share Posted June 16, 2013 I doubt that NCL and RCI will have any interest in Carnival's stuff. A problem discussed often. Carnival finds its market niche invaded heavily with new ideas that when introduced, CCL panned. Mr Arison has commented more than once that RCL "seems to be in comeptition with itself". Yet, RCL's new ideas are proving very successful and with CCL avoiding the discussion of onboard yields. Many analysts are predicting CCL's onboard revenues are stagnant this year. Not good for a company who virtually gives away cabins to fill them and amkes up for that with onboard revenue. Now CCL is introdcuing 4k plus capacity ideas..something it said it would avoid doing. Carnival needs to go back to its roots and break the mold once again. They need to desperately replace the Fantasy Class, who btw, still make $$ for the company. But, those yields are not proving adequate growth when compared to the competition. Carnival has a number of problems which are correctable and they will survive. The cost cutting strategy has not worked and has hurt the company instead of growing it. Link to comment Share on other sites More sharing options...
wanderingjew Posted June 16, 2013 #393 Share Posted June 16, 2013 I SO get what you are saying.I don't hate CCL at all. I hate that I feel what I loved was compromised in a noticeable way by poor management/direction. Let's face it, if we didn't like/love CCL, the changes wouldn't have upset us...we wouldn't have cared one way or ther other. I like variety and would love to love CCL again. Fingers crossed. You never know what will happen. :) I agree i used top be a big CCL Cheerleader but all the cuts have made me an NCL Fan I have the Sunshine TA in a Lido Balcony just rear of the front elevators i hope i can relax on my balcony without the dj blaring loud music Link to comment Share on other sites More sharing options...
Sargent_Schultz Posted June 16, 2013 #394 Share Posted June 16, 2013 I never said you didn't Sargent Schultz. Reading your posts you are very pro-Carnival and that shows in your postings. To say Carnival doesn't carry debt (several billion on the books) or doesn't need to negoitate with shipbuilders is absolutely untrue. For certainty, CCL, like NCL and RCL negoitate heavily for reductions and gifts in their projects with shipbuilders. CCL is expected to negoitate the best deal possible, and it does. Of course they have debt. About a 0.4 debt to equity ratio. RCL's debt to equity ratio is over 1.0 - they are upside down, or shall we say capsized? :p Link to comment Share on other sites More sharing options...
EZ4 Posted June 16, 2013 #395 Share Posted June 16, 2013 A problem discussed often. Carnival finds its market niche invaded heavily with new ideas that when introduced, CCL panned. Mr Arison has commented more than once that RCL "seems to be in comeptition with itself". Yet, RCL's new ideas are proving very successful and with CCL avoiding the discussion of onboard yields. Many analysts are predicting CCL's onboard revenues are stagnant this year. Not good for a company who virtually gives away cabins to fill them and amkes up for that with onboard revenue. Now CCL is introdcuing 4k plus capacity ideas..something it said it would avoid doing. Carnival needs to go back to its roots and break the mold once again. They need to desperately replace the Fantasy Class, who btw, still make $$ for the company. But, those yields are not proving adequate growth when compared to the competition. Carnival has a number of problems which are correctable and they will survive. The cost cutting strategy has not worked and has hurt the company instead of growing it. Carnival needs to reduce their capacity. As in, lay up 3, 4 or 5 of their Fantasy class ships. By reducing their capacity, they'll drive up prices for the available berths that remain. Not only that, it will reduce their overhead at the same time, through reductions in staff and operating expenses. By making more money with reduced expenses, they can improve their product. Link to comment Share on other sites More sharing options...
Miami09 Posted June 16, 2013 #396 Share Posted June 16, 2013 Of course they have debt. About a 0.4 debt to equity ratio. RCL's debt to equity ratio is over 1.0 - they are upside down, or shall we say capsized? :p Their debt position is greater than CCL, but hardly the mess CCL paints it to be. It's RCL ideas that CCL is now following. the debut of the Royal Princess is an example of that. Royal's design was taken directly from Celebrity (RCL). Another example of CCL being in someone else's wake with ship design. Link to comment Share on other sites More sharing options...
Sargent_Schultz Posted June 16, 2013 #397 Share Posted June 16, 2013 Their debt position is greater than CCL, but hardly the mess CCL paints it to be. It's RCL ideas that CCL is now following. the debut of the Royal Princess is an example of that. Royal's design was taken directly from Celebrity (RCL). Another example of CCL being in someone else's wake with ship design. CCL bonds are also rated higher meaning lower debt cost to CCL and higher cost to RCL. IBM for years has been copying what others do. Like CCL, they have the resources necessary to execute it. Being the 800 pound gorilla has advantages for both IBM and CCL. :) Link to comment Share on other sites More sharing options...
EZ4 Posted June 16, 2013 #398 Share Posted June 16, 2013 CCL bonds are also rated higher meaning lower debt cost to CCL and higher cost to RCL. IBM for years has been copying what others do. Like CCL, they have the resources necessary to execute it. Being the 800 pound gorilla has advantages for both IBM and CCL. :) Isn't IBM somewhat irrelevant these days? Link to comment Share on other sites More sharing options...
Gypsywych Posted June 16, 2013 #399 Share Posted June 16, 2013 Isn't IBM somewhat irrelevant these days? They are currently in the process of a major restructuring and laying off over 3000 people in the US and more lay-offs coming overseas. Link to comment Share on other sites More sharing options...
EZ4 Posted June 16, 2013 #400 Share Posted June 16, 2013 They are currently in the process of a major restructuring and laying off over 3000 people in the US and more lay-offs coming overseas. Well, now............I guess that's what happens when the 800 pound gorilla gets fat, lazy and complacent. LOL Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.