NORWEGIAN PRIMA MARKS FLOAT OUT - Norwegian Cruise Line (NCL), the innovator in global cruise travel with a 54-year history of breaking boundaries, announced that its game-changing new ship, Norwegian Prima was floated out from her drydock at Fincantieri shipyard in Marghera (Venice), Italy, marking a major construction milestone and the first time the new vessel touches water. To celebrate the occasion, a commemorative coin was encased within Norwegian Prima in a traditional maritime ceremony presided over by Eamonn Ferrin, Vice President I…
WORLD'S TOP THREE CRUISE LINES ACCUMULATE OVER $60 BILLION IN DEBT - The year 2020 was unforgiving for cruise lines but 2021 seems to have started off on a slightly higher note. For the top three industry players, surviving the year took its toll resulting in a high level of cash burn and massive debt burdens. According to the research data analyzed and published by ComprarAcciones.com , the top three cruise lines have accrued more than $60 billion in debt during the pandemic period. Norwegian Cruise Lines’ debt burden was over $12.15 b…
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