Time for NCLH financial-related posts?

[mrlevin]

It will be interesting to see if Carnival can actually sell the six ships or if they will send them to Alang for scrap.

[greykitty]

23 minutes ago, mrlevin said:

It will be interesting to see if Carnival can actually sell the six ships or if they will send them to Alang for scrap.

I saw a story earlier that said scrapping was on the table as well.  

[mrlevin]

Here is a Princess ship currently for sale:

 

http://cruiseship.homestead.com/1999_Cruise_Vessel.pdf

 

And isn't this a HAL ship?

 

http://cruiseship.homestead.com/1350paxCruise1996.pdf

 

Here is a great site to see which ships are available; I see the Radisson Diamond is for sale again.

 

http://cruiseship.homestead.com/cruiseships.html

 

Marc

Edited June 18, 2020 by mrlevin

[greykitty]

Apollo's Steve Martinez resigns as NCLH director, effective immediately.  Wondering if anything else emerges from the shareholder meeting.

 

In a filing, NCLH said the resignation did not involve a disagreement with the company on any matter relating to its operations, policies or practices.

 

 

https://www.seatrade-cruise.com/news/apollos-steve-martinez-resigns-nclh-director

[Mudhen]

On 6/18/2020 at 3:58 PM, mrlevin said:

Here is a Princess ship currently for sale:

 

http://cruiseship.homestead.com/1999_Cruise_Vessel.pdf

 

And isn't this a HAL ship?

 

http://cruiseship.homestead.com/1350paxCruise1996.pdf

 

Here is a great site to see which ships are available; I see the Radisson Diamond is for sale again.

 

http://cruiseship.homestead.com/cruiseships.html

 

Marc

This is a most interesting site. Thank you for posting it.

[greykitty]

Earnings release season is upon up.  CCL parent came out today - I'm sure there will be a lot more analysis to come, but as the cruise lines don't operate in vacuums, I thought some might be interested in one take on CCL

 

https://investorplace.com/2020/06/ccl-stock-sailing-uncertainty-capital-raise/

 

NCLH next earnings release is expected on August 13, 2020 based on historical trends.

 

 

[Wendy The Wanderer]

On 6/18/2020 at 3:58 PM, mrlevin said:

Here is a great site to see which ships are available; I see the Radisson Diamond is for sale again.

 

http://cruiseship.homestead.com/cruiseships.html

 

Poor old Diamond!

 

And the Princess ship is the remaining R ship.  Oceania or especially Azamara might snap it up if the timing was different.

[flossie009]

On 6/18/2020 at 8:58 PM, mrlevin said:

Here is a great site to see which ships are available; I see the Radisson Diamond is for sale again.

 

http://cruiseship.homestead.com/cruiseships.html

 

Marc

 

So maybe CruiseCritic members should start a crowdfunding page in order to get cruising again 😉

 

If the crowdfunding goes well then this would be the ship:

http://cruiseship.homestead.com/1999_Cruise_Vessel.pdf

 

If not then maybe we will have to make do with this one:

http://cruiseship.homestead.com/59mSpecs.pdf

😱 😱

[greykitty]

Hurry before they're gone!  Costa Victoria will be no more soon, it seems.  Pullmantur fleet also appears to be undergoing stripping of value.

 

https://www.maritime-executive.com/article/cruise-industry-downsizing-begins-with-first-sale-of-a-ship-for-scrap

 

Certainly historic times. 

[B-2-Bs Best!]

The Pacific Princess has been for sale for at least seven years.

 

NCLH agreed to purchase Ocean Princess in late 2014 for delivery in early 2016 at a significantly lower price than the offering on Pacific Princess. I recall hearing, or reading somewhere, that 50 million was the price.

[mrlevin]

15 minutes ago, B-2-Bs Best! said:

The Pacific Princess has been for sale for at least seven years.

 

NCLH agreed to purchase Ocean Princess in late 2014 for delivery in early 2016 at a significantly lower price than the offering on Pacific Princess. I recall hearing, or reading somewhere, that 50 million was the price.

 

I wonder if all the old "R" ships will end up as scrap over the next few years.

 

Marc

[BBWC]

Looms lime cruise ships are getting almost affordable.

 

https://www.cruiseindustrynews.com/cruise-news/23128-expedition-cruise-ship-reportedly-sold-at-auction-for-just-600-000.html

[Steve Q]

I am guessing that this may the first of many that will be scrapped over the next few years. Not certain if the order book for new ships will be paused. 

 

https://www.cnn.com/travel/article/costa-victoria-carnival-retire-ships/index.html

[Wendy The Wanderer]

18 minutes ago, Steve Q said:

I am guessing that this may the first of many that will be scrapped over the next few years. Not certain if the order book for new ships will be paused. 

 

https://www.cnn.com/travel/article/costa-victoria-carnival-retire-ships/index.html

 

This is a great article, very interesting to see what Genting is doing particularly.

[SusieQft]

4 minutes ago, Wendy The Wanderer said:

 

This is a great article, very interesting to see what Genting is doing particularly.

Did you mean to say Carnival?  Or are you referring to a different article about Genting?

[MightyQuinn]

1 minute ago, SusieQft said:

Did you mean to say Carnival?  Or are you referring to a different article about Genting?

 

Indeed.  Wouldn't we love to know what Genting is doing!!

[bissel]

Speaking of Genting, is it not strange that certain very prolific poster on every  subject has been radio silent.

[Travelcat2]

1 hour ago, Wendy The Wanderer said:

 

This is a great article, very interesting to see what Genting is doing particularly.

 

Why would Genting i particular be of interest?  Curious!  Anyway, here is an article about their protocols https://www.travelweekly.com/Cruise-Travel/Genting-implementing-new-health-protocols-for-cruise-ships

 

 

[Gray Eagle02]

Slow Recovery For Cruise Lines: Norwegian In Distress
https://seekingalpha.com/article/4357115-slow-recovery-for-cruise-lines-norwegian-in-distress

[mrlevin]

19 minutes ago, Gray Eagle02 said:

Slow Recovery For Cruise Lines: Norwegian In Distress
https://seekingalpha.com/article/4357115-slow-recovery-for-cruise-lines-norwegian-in-distress

 

Nothing new here; NCLH will go into bankruptcy at some point and FdR will be removed.

 

Marc

[Snore42]

11 minutes ago, mrlevin said:

 

Nothing new here; NCLH will go into bankruptcy at some point and FdR will be removed.

 

Marc

 

Don't forget FdR will leave with a very nice package, while loyal Regent customers will be left wondering what will happen to their deposits...

[Travelcat2]

1 hour ago, mrlevin said:

 

Nothing new here; NCLH will go into bankruptcy at some point and FdR will be removed.

 

Marc

 

Wishful thinking on your part.  Frank Del Rio isn't going anywhere.  These posts are quite misleading - based non nothing.

[Pcardad]

If you have travel insurance it should cover bankruptcy (if needed). Allianz covers it on their WWTP programs....I am sure others do as well.

[Travelcat2]

2 minutes ago, Pcardad said:

If you have travel insurance it should cover bankruptcy (if needed). Allianz covers it on their WWTP programs....I am sure others do as well.

 

What is. your "take" on November cruises becoming wait-listed.  Our TA feels that it may be due to the new capacity limits.

[Pcardad]

Personal opinion - I don't think so but I will know soon.