Issue #

146

|

Volume

8

July 31, 2020

In this Issue

Here are some of the news articles we are following:

  • Royal Caribbean Group CEO gives update on panel of health experts work to start resume cruises
  • Cruise Lines Change Ship Ventilation Systems as Part of Overall COVID Strategy
  • TUI’s Mein Schiff 2 Sets Sail into Wicked Public Relations Storm
  • Miray Cruises to Launch Operations in the Aegean
  • Cruise lines are dropping these ships from their fleets. And here's what it means for cruisers
  • P&O Cruises Australia Extends Pause in Operations to October 29th
  • Cruise Line Launches New Flexible Dining Experience on Cruises
  • Port Valencia gets ready for the “new normality”
  • Emerald Waterways opens bookings for 2021 Russian River Cruises
  • Invergordon's record cruise ship season wiped out
  • While cruising's on hold, Carnival builds its largest, newest ship (complete with rollercoaster)
  • Cruise Co. Ordered to Stop Operating After Viral Photo of Crowded Ship in Boston Harbor
  • Cruising is Back in Asia as Explorer Dream Sails First Voyage from Taiwan
  • 21,000+ cruise ship crew repatriated through Bridgetown Barbados
  • Meyer Werft Floats Out New Cruise Ship Spirit of Adventure for Saga
  • First Large Cruise Ships Start Sailing in Post-Covid-19 Service
  • Major UK cruise operator ceases trading leaving staff high and dry

Cover Image by:

Royal Caribbean Group CEO gives update on panel of health experts work to start resume cruises

“Royal Caribbean Chairman and CEO Richard Fain posted a new video update on the 4-month anniversary of when the cruise line suspended sailing due to the current global health crisis. Mr. Fain began the video update with a look at the current impact of COVID-19 in the United States, citing a growing trend of new cases and consequently, new restrictions aimed at curbing the spread. He then contrasted this trend with what is happening in Europe and Asia, where things are trending in a very positive manner, and cases are dropping and flare ups are quickly identified.”

Read more

 

Cruise Lines Change Ship Ventilation Systems as Part of Overall COVID Strategy

“While much public discussion around cruises restarting have centered on the visible changes that passengers might see -- mandated masks and social distancing as well as staggered embarkation and capacity limits – cruise lines are examining harder-to-see improvements, such as upgrades to the ship's ventilation system. The move is being driven by scientific research, which is now focusing more on aerosol spread of COVID-19, as opposed to surfaces. In fact, 239 doctors across 32 countries have recently submitted a petition calling on the World Health Organization to recognize the COVID-19 coronavirus as being potentially transmitted through micro-droplets in the air. While some cruise lines operating today have already committed to having a 100 percent fresh air mix aboard their vessels going forward, many are still finalizing their health and safety protocols. Of the few lines that have rolled out detailed preliminary health and safety protocols, air circulation remains a central component of many safe return-to-cruise policies.” 

Read more

 

TUI’s Mein Schiff 2 Sets Sail into Wicked Public Relations Storm

“The tourism industry is now cringing over what appears as a second wave of COVID-19. Here in Greece, retailers and many hoteliers have more or less written off 2020, and some have already gone bankrupt. Experts, corporate and otherwise, are still focused on reestablishing pre-pandemic models for profit. TUI, the world’s biggest tour company is leading the way with a “business as usual” approach that is doomed to fail. I was scanning LinkedIn a few moments ago when I ran across a post by Marcus Puttich, who is TUI’s Head of Port & Ground Operations announcing the return to service of the Mein Schiff 2. The news would have been okay if not for the PR spin TUI chose to layer on top of it. TUI chose to proclaim their cruise news as “sending out a strong signal to the cruise and tourism industry.” But the signal the corporate giant is sending is not the one intended.” 

Read more

 

Miray Cruises to Launch Operations in the Aegean

“Miray International is starting its own cruise operation in the Aegean. On a dedicated website, the company is selling short cruises aboard the 1992-built Gemini. The 3 and 4-night port-intensive itineraries depart from Piraeus, Greece, and Cesme, Turkey, and visit several Greek Islands. Both cruises feature calls in Mykonos, Santorini, Syros and Cesme, while the longer itinerary also visits Rhodes.”

Read more

 

Cruise lines are dropping these ships from their fleets. And here's what it means for cruisers

“As the novel coronavirus emerged, the cruise industry came to a screeching halt that has lasted for months. Resuming sailings will happen slowly and in regional phases with at least one U.S. line's pause in operations already extended until December. As cruise lines surge forward without the same incoming revenue, some, including cruise giant Carnival Corp., have announced that they are making reductions to their fleets of ships. But those cuts go beyond saving the cruise companies money – they affect passengers, too. While many passengers are dealing with cruise cancellations as a result of sailing suspensions, other travelers are facing cancellations or schedule changes because of  ships' departures.”

Read more

 

P&O Cruises Australia Extends Pause in Operations to October 29th

“P&O Cruises Australia announced the company will extend its pause in operations across Australia and New Zealand to October 29, 2020 in response to the latest impact of the global pandemic. The cruise line said it will extend its pause in operations for an extra 42 days to what had previously been announced. Sture Myrmell, President of P&O Cruises and Carnival Australia, said while everyone hoped cruises would resume soon, it had become increasingly clear that more time is needed for society to reinstate many modes of travel and community gatherings. "The path to society reopening fully is continuing to evolve – and cruising will return when science and public health align and people again feel comfortable to meet.  With this in mind, we have reviewed the current end date of our pause in cruise operations," Mr Myrmell said. "We will continue to use this time to liaise with authorities, public health experts and others in the industry to develop enhanced public health measures for when the time is right to resume sailing.”

Read more…

 

Cruise Line Launches New Flexible Dining Experience on Cruises

“A cruise line is launching a new flexible dining experience when cruises start back up next week on one of their cruise ships. Dream Cruises, the first global cruise line to resume cruises, is offering a new Flexi-Feast dining concept which allows unprecedented flexibility for a completely customized dining experience at sea.  This allows passengers the freedom to choose from a wider choice of venues and to dine at their leisure. This innovative concept will allow cruisers the flexibility to mix and match different food and beverage options that are available on-board, based on their habits and preferences, for a more comprehensive and personalized dining experience at sea. Flexi-Feast will provide additional peace of mind for guests by helping to ease bottlenecks at certain venues for a more spacious and more comfortable environment on board.”

Read more

 

Port Valencia gets ready for the “new normality”

“The Port Authority of Valencia (APV) is currently working in coordination with all agents in the cruise sector in order to prepare for the "new normality" and receive the thousands of cruisers who arrive in Valencia’s waters when the different Administrations give the authorization for the operations, the company recently announced in its release. Spain's Valencia Port organized a digital workshop “Preparing the Port and the destination in a coordinated way for the arrival of cruises”, via the collaboration with Cruises News Media Group, in which topics like the issuing markets, the calendar for returning to operations, the key factors for the return of cruises, the recommendations of the Ministry of Transport for the ports and their application or the trends in the destination of post-Coronavirus (COVID-19) cruises among others were addressed. The experts agree that the situation after the pandemic would bring with it differentiated business opportunities in which those specialized destinations would stand out, not overcrowded, and focused on the offer of new experiences like the alternatives offered by Valencia and its province.” 

Read more

 

Emerald Waterways opens bookings for 2021 Russian River Cruises

“The premium brand Emerald Waterways opened bookings for its 2021 Russian river cruise season. Voyages will feature a newly chartered riverboat - the recently refurbished MS Nizhny Novgorod, constructed specifically to sail Russia's inland waterways including Europe’s longest river - Volga. Featuring two itineraries, the program based on MS Nizhny Novgorod starts in May 2021. The 11-day Imperial Charms of Russia cruise allows passengers to discover both vibrant cities and traditional villages as they sail from Saint Petersburg to Moscow. Highlights feature a guided tour of the UNESCO World Heritage-listed city of Saint Petersburg, a Shashlik lunch in Mandrogi, a visit to the Monastery of Saint Cyril on the White Lake, as well as a guided tour of Moscow exploring Kremlin Grounds.”

Read more

 

Coronavirus: Invergordon's record cruise ship season wiped out

“More than 100 ships were due to dock at the port on the Cromarty Firth - a record high. The liners would have brought a total of more than 250,000 passengers and crew to the region. The coronavirus pandemic has led to cancellation of all but three of the expected 106 cruise ship visits. D&E Coaches would normally ferry hundreds of passengers to every corner of the Highlands on each cruise call. In the summer, 90% of the coach company's private hire is related to cruise liners. The firm has now lost about £1.5m in turnover following the cancellation of ships' visits to Invergordon. Managing director Donald Mathieson said: "It is devastating when you see the company making absolutely nothing, no money at all." Normally at this time of year D&E Coaches would have 20 coaches available per cruise liner to take passengers to different parts of the Highlands.” 

Read more…

 

While cruising's on hold, Carnival builds its largest, newest ship (complete with rollercoaster)

View slideshow

 

Cruise Co. Ordered to Stop Operating After Viral Photo of Crowded Ship in Boston Harbor

“A cruise company has been ordered to stop operating after a photo showed crowds of people on a ship on Boston Harbor Saturday night went viral. The Massachusetts Department of Labor Standards issued a cease and desist to the Bay State Cruise Company Monday. The company has been under scrutiny after the photo was shared on social media. Effective immediately, the company is not allowed to operate under the state's COVID-19 orders, according to the order.”

Read more

 

Cruising is Back in Asia as Explorer Dream Sails First Voyage from Taiwan

“Dream Cruises has celebrated the restart of its cruise service and return to Taiwan during a special inaugural ceremony to commemorate Explorer Dream’s new “Island Hopping” itineraries created especially for the Taiwan market. Dream Cruises is sailing and offering new cruises calling into the popular ports and islands of Peng Hu, Matsu Island and Kinmen as well as Hualien, where Taiwanese guests will again be able to enjoy refreshing short getaways on carefree ocean voyages.” 

Read more

 

21,000+ cruise ship crew repatriated through Bridgetown Barbados

“Barbados moved 21,000+ stranded cruise ship crew members and some passengers over the past 3-4 months of the Coronavirus (COVID-19) pandemic. The repatriations were conducted through Port Bridgetown and Grantley Adams Airport. According to Mia Mottley (Barbados' Prime Minister), the humanitarian effort represented the nature of Barbadians to support those in need. Speaking on July 22 as she led the debate on the Remote Employment Bill 2020 in the House of Assembly, she said “Barbados could not turn its back on those people who were desperately trying to get back home.” ” 

Read more

Meyer Werft Floats Out New Cruise Ship Spirit of Adventure for Saga

“The Meyer Werft shipyard in Papenburg, Germany floated out the world’s newest cruise ship, the 58,250 gross ton Spirit of Adventure being built for the UK’s Saga Cruises. The float out from the building proceeded as planned despite the announcement that many of the shipyard’s employees had this week begun an extended six-week summer holiday lasting until the end of August. The ship is the second of two sister ships that Meyer is building for Saga with the previous delivery in 2019. The Spirit of Adventure may also be the last of the mid-sized cruise ships that Meyer delivers for some time as its current order book mostly consists of large cruise ships. No new cruise ship orders are expected in the next few years as the industry works to overcome the impact of the coronavirus.”

Read more

 

First Large Cruise Ships Start Sailing in Post-Covid-19 Service

“Large ocean-going cruise ships took their first tentative steps to resume service. Cruises departed this weekend aboard ships sailing from Germany and Taiwan marking the start of the first new cruises on large ships in over four months. Additional large cruise ships are expected to return to service in the coming days. The first large cruise ship to sail was the Mein Schiff 2, which is operated by TUI Cruises, a partnership between TUI and the Royal Caribbean Group. The 111,554 gross ton cruise ship sailed from Hamburg, Germany on July 24 for a three-day voyage in the Baltic that will return to Hamburg on July 27 without having stopped at any ports. TUI made available just over 1,700 berths, but reportedly the ship sailed with just over 1,200 passengers.”

Read more

 

Major UK cruise operator ceases trading leaving staff high and dry

“One of the UK’s leading cruise operators has ceased trading after the coronavirus pandemic scuppered the business. Essex-headquartered Cruise & Maritime Voyages (CMV) ran voyages from the UK to the Continent and was due to start sailing from Plymouth in 2021, creating a potential economic boost for the city. But that bonanza won’t now materialize. CMV announced in June it was looking for extra finance and it was hoped a last-minute deal with investor VGO Capital Management would rescue the firm. But the rescue bid failed and administrator Duff & Phelps said the cruise line had "ceased trading with immediate effect" and that it was likely redundancies would follow.”

Read more

 

Disclaimer: The views expressed in the articles above are those of the authors' and do not necessarily represent or reflect the views of this e-Newsletter


Having trouble reading?

Download this Issue

Issue #

146

|

Volume

8

July 31, 2020

In this Issue

Here are some of the news articles we are following:

  • Royal Caribbean Group CEO gives update on panel of health experts work to start resume cruises
  • Cruise Lines Change Ship Ventilation Systems as Part of Overall COVID Strategy
  • TUI’s Mein Schiff 2 Sets Sail into Wicked Public Relations Storm
  • Miray Cruises to Launch Operations in the Aegean
  • Cruise lines are dropping these ships from their fleets. And here's what it means for cruisers
  • P&O Cruises Australia Extends Pause in Operations to October 29th
  • Cruise Line Launches New Flexible Dining Experience on Cruises
  • Port Valencia gets ready for the “new normality”
  • Emerald Waterways opens bookings for 2021 Russian River Cruises
  • Invergordon's record cruise ship season wiped out
  • While cruising's on hold, Carnival builds its largest, newest ship (complete with rollercoaster)
  • Cruise Co. Ordered to Stop Operating After Viral Photo of Crowded Ship in Boston Harbor
  • Cruising is Back in Asia as Explorer Dream Sails First Voyage from Taiwan
  • 21,000+ cruise ship crew repatriated through Bridgetown Barbados
  • Meyer Werft Floats Out New Cruise Ship Spirit of Adventure for Saga
  • First Large Cruise Ships Start Sailing in Post-Covid-19 Service
  • Major UK cruise operator ceases trading leaving staff high and dry

Cover Image by:

Royal Caribbean Group CEO gives update on panel of health experts work to start resume cruises

“Royal Caribbean Chairman and CEO Richard Fain posted a new video update on the 4-month anniversary of when the cruise line suspended sailing due to the current global health crisis. Mr. Fain began the video update with a look at the current impact of COVID-19 in the United States, citing a growing trend of new cases and consequently, new restrictions aimed at curbing the spread. He then contrasted this trend with what is happening in Europe and Asia, where things are trending in a very positive manner, and cases are dropping and flare ups are quickly identified.”

Read more

 

Cruise Lines Change Ship Ventilation Systems as Part of Overall COVID Strategy

“While much public discussion around cruises restarting have centered on the visible changes that passengers might see -- mandated masks and social distancing as well as staggered embarkation and capacity limits – cruise lines are examining harder-to-see improvements, such as upgrades to the ship's ventilation system. The move is being driven by scientific research, which is now focusing more on aerosol spread of COVID-19, as opposed to surfaces. In fact, 239 doctors across 32 countries have recently submitted a petition calling on the World Health Organization to recognize the COVID-19 coronavirus as being potentially transmitted through micro-droplets in the air. While some cruise lines operating today have already committed to having a 100 percent fresh air mix aboard their vessels going forward, many are still finalizing their health and safety protocols. Of the few lines that have rolled out detailed preliminary health and safety protocols, air circulation remains a central component of many safe return-to-cruise policies.” 

Read more

 

TUI’s Mein Schiff 2 Sets Sail into Wicked Public Relations Storm

“The tourism industry is now cringing over what appears as a second wave of COVID-19. Here in Greece, retailers and many hoteliers have more or less written off 2020, and some have already gone bankrupt. Experts, corporate and otherwise, are still focused on reestablishing pre-pandemic models for profit. TUI, the world’s biggest tour company is leading the way with a “business as usual” approach that is doomed to fail. I was scanning LinkedIn a few moments ago when I ran across a post by Marcus Puttich, who is TUI’s Head of Port & Ground Operations announcing the return to service of the Mein Schiff 2. The news would have been okay if not for the PR spin TUI chose to layer on top of it. TUI chose to proclaim their cruise news as “sending out a strong signal to the cruise and tourism industry.” But the signal the corporate giant is sending is not the one intended.” 

Read more

 

Miray Cruises to Launch Operations in the Aegean

“Miray International is starting its own cruise operation in the Aegean. On a dedicated website, the company is selling short cruises aboard the 1992-built Gemini. The 3 and 4-night port-intensive itineraries depart from Piraeus, Greece, and Cesme, Turkey, and visit several Greek Islands. Both cruises feature calls in Mykonos, Santorini, Syros and Cesme, while the longer itinerary also visits Rhodes.”

Read more

 

Cruise lines are dropping these ships from their fleets. And here's what it means for cruisers

“As the novel coronavirus emerged, the cruise industry came to a screeching halt that has lasted for months. Resuming sailings will happen slowly and in regional phases with at least one U.S. line's pause in operations already extended until December. As cruise lines surge forward without the same incoming revenue, some, including cruise giant Carnival Corp., have announced that they are making reductions to their fleets of ships. But those cuts go beyond saving the cruise companies money – they affect passengers, too. While many passengers are dealing with cruise cancellations as a result of sailing suspensions, other travelers are facing cancellations or schedule changes because of  ships' departures.”

Read more

 

P&O Cruises Australia Extends Pause in Operations to October 29th

“P&O Cruises Australia announced the company will extend its pause in operations across Australia and New Zealand to October 29, 2020 in response to the latest impact of the global pandemic. The cruise line said it will extend its pause in operations for an extra 42 days to what had previously been announced. Sture Myrmell, President of P&O Cruises and Carnival Australia, said while everyone hoped cruises would resume soon, it had become increasingly clear that more time is needed for society to reinstate many modes of travel and community gatherings. "The path to society reopening fully is continuing to evolve – and cruising will return when science and public health align and people again feel comfortable to meet.  With this in mind, we have reviewed the current end date of our pause in cruise operations," Mr Myrmell said. "We will continue to use this time to liaise with authorities, public health experts and others in the industry to develop enhanced public health measures for when the time is right to resume sailing.”

Read more…

 

Cruise Line Launches New Flexible Dining Experience on Cruises

“A cruise line is launching a new flexible dining experience when cruises start back up next week on one of their cruise ships. Dream Cruises, the first global cruise line to resume cruises, is offering a new Flexi-Feast dining concept which allows unprecedented flexibility for a completely customized dining experience at sea.  This allows passengers the freedom to choose from a wider choice of venues and to dine at their leisure. This innovative concept will allow cruisers the flexibility to mix and match different food and beverage options that are available on-board, based on their habits and preferences, for a more comprehensive and personalized dining experience at sea. Flexi-Feast will provide additional peace of mind for guests by helping to ease bottlenecks at certain venues for a more spacious and more comfortable environment on board.”

Read more

 

Port Valencia gets ready for the “new normality”

“The Port Authority of Valencia (APV) is currently working in coordination with all agents in the cruise sector in order to prepare for the "new normality" and receive the thousands of cruisers who arrive in Valencia’s waters when the different Administrations give the authorization for the operations, the company recently announced in its release. Spain's Valencia Port organized a digital workshop “Preparing the Port and the destination in a coordinated way for the arrival of cruises”, via the collaboration with Cruises News Media Group, in which topics like the issuing markets, the calendar for returning to operations, the key factors for the return of cruises, the recommendations of the Ministry of Transport for the ports and their application or the trends in the destination of post-Coronavirus (COVID-19) cruises among others were addressed. The experts agree that the situation after the pandemic would bring with it differentiated business opportunities in which those specialized destinations would stand out, not overcrowded, and focused on the offer of new experiences like the alternatives offered by Valencia and its province.” 

Read more

 

Emerald Waterways opens bookings for 2021 Russian River Cruises

“The premium brand Emerald Waterways opened bookings for its 2021 Russian river cruise season. Voyages will feature a newly chartered riverboat - the recently refurbished MS Nizhny Novgorod, constructed specifically to sail Russia's inland waterways including Europe’s longest river - Volga. Featuring two itineraries, the program based on MS Nizhny Novgorod starts in May 2021. The 11-day Imperial Charms of Russia cruise allows passengers to discover both vibrant cities and traditional villages as they sail from Saint Petersburg to Moscow. Highlights feature a guided tour of the UNESCO World Heritage-listed city of Saint Petersburg, a Shashlik lunch in Mandrogi, a visit to the Monastery of Saint Cyril on the White Lake, as well as a guided tour of Moscow exploring Kremlin Grounds.”

Read more

 

Coronavirus: Invergordon's record cruise ship season wiped out

“More than 100 ships were due to dock at the port on the Cromarty Firth - a record high. The liners would have brought a total of more than 250,000 passengers and crew to the region. The coronavirus pandemic has led to cancellation of all but three of the expected 106 cruise ship visits. D&E Coaches would normally ferry hundreds of passengers to every corner of the Highlands on each cruise call. In the summer, 90% of the coach company's private hire is related to cruise liners. The firm has now lost about £1.5m in turnover following the cancellation of ships' visits to Invergordon. Managing director Donald Mathieson said: "It is devastating when you see the company making absolutely nothing, no money at all." Normally at this time of year D&E Coaches would have 20 coaches available per cruise liner to take passengers to different parts of the Highlands.” 

Read more…

 

While cruising's on hold, Carnival builds its largest, newest ship (complete with rollercoaster)

View slideshow

 

Cruise Co. Ordered to Stop Operating After Viral Photo of Crowded Ship in Boston Harbor

“A cruise company has been ordered to stop operating after a photo showed crowds of people on a ship on Boston Harbor Saturday night went viral. The Massachusetts Department of Labor Standards issued a cease and desist to the Bay State Cruise Company Monday. The company has been under scrutiny after the photo was shared on social media. Effective immediately, the company is not allowed to operate under the state's COVID-19 orders, according to the order.”

Read more

 

Cruising is Back in Asia as Explorer Dream Sails First Voyage from Taiwan

“Dream Cruises has celebrated the restart of its cruise service and return to Taiwan during a special inaugural ceremony to commemorate Explorer Dream’s new “Island Hopping” itineraries created especially for the Taiwan market. Dream Cruises is sailing and offering new cruises calling into the popular ports and islands of Peng Hu, Matsu Island and Kinmen as well as Hualien, where Taiwanese guests will again be able to enjoy refreshing short getaways on carefree ocean voyages.” 

Read more

 

21,000+ cruise ship crew repatriated through Bridgetown Barbados

“Barbados moved 21,000+ stranded cruise ship crew members and some passengers over the past 3-4 months of the Coronavirus (COVID-19) pandemic. The repatriations were conducted through Port Bridgetown and Grantley Adams Airport. According to Mia Mottley (Barbados' Prime Minister), the humanitarian effort represented the nature of Barbadians to support those in need. Speaking on July 22 as she led the debate on the Remote Employment Bill 2020 in the House of Assembly, she said “Barbados could not turn its back on those people who were desperately trying to get back home.” ” 

Read more

Meyer Werft Floats Out New Cruise Ship Spirit of Adventure for Saga

“The Meyer Werft shipyard in Papenburg, Germany floated out the world’s newest cruise ship, the 58,250 gross ton Spirit of Adventure being built for the UK’s Saga Cruises. The float out from the building proceeded as planned despite the announcement that many of the shipyard’s employees had this week begun an extended six-week summer holiday lasting until the end of August. The ship is the second of two sister ships that Meyer is building for Saga with the previous delivery in 2019. The Spirit of Adventure may also be the last of the mid-sized cruise ships that Meyer delivers for some time as its current order book mostly consists of large cruise ships. No new cruise ship orders are expected in the next few years as the industry works to overcome the impact of the coronavirus.”

Read more

 

First Large Cruise Ships Start Sailing in Post-Covid-19 Service

“Large ocean-going cruise ships took their first tentative steps to resume service. Cruises departed this weekend aboard ships sailing from Germany and Taiwan marking the start of the first new cruises on large ships in over four months. Additional large cruise ships are expected to return to service in the coming days. The first large cruise ship to sail was the Mein Schiff 2, which is operated by TUI Cruises, a partnership between TUI and the Royal Caribbean Group. The 111,554 gross ton cruise ship sailed from Hamburg, Germany on July 24 for a three-day voyage in the Baltic that will return to Hamburg on July 27 without having stopped at any ports. TUI made available just over 1,700 berths, but reportedly the ship sailed with just over 1,200 passengers.”

Read more

 

Major UK cruise operator ceases trading leaving staff high and dry

“One of the UK’s leading cruise operators has ceased trading after the coronavirus pandemic scuppered the business. Essex-headquartered Cruise & Maritime Voyages (CMV) ran voyages from the UK to the Continent and was due to start sailing from Plymouth in 2021, creating a potential economic boost for the city. But that bonanza won’t now materialize. CMV announced in June it was looking for extra finance and it was hoped a last-minute deal with investor VGO Capital Management would rescue the firm. But the rescue bid failed and administrator Duff & Phelps said the cruise line had "ceased trading with immediate effect" and that it was likely redundancies would follow.”

Read more

 

Disclaimer: The views expressed in the articles above are those of the authors' and do not necessarily represent or reflect the views of this e-Newsletter


Having trouble reading?

Download this Issue

July 31, 2020

Royal Caribbean Group CEO gives update on panel of health experts work to start resume cruises

Having trouble reading?

Download this Issue
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