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About Spacejunkie2

I love all things Cruise and add that to my hobby Photography I'm in dreamland, I'm an exTravel agency owner with the inside contacts, so I will try to keep you updated in all things travel related with a side serving of images and other maritime stories.

Carnival Unveils Details for Celebration Key’s Paradise Plaza and Calypso Lagoon

Carnival Cruise Line revealed details for Paradise Plaza and Calypso Lagoon, two of the five portals at its new Celebration Key destination on Grand Bahama set to debut in July 2025.

Paradise Plaza will feature a promenade, a 10-story-high Suncastle, live music and more. Destination information will help guests decide how they want to spend their day, whether by playing water sports, joining shore excursions or relaxing. There is also a Bahamian-themed fountain and ice cream shop.

The adult-friendly Calypso Lagoon, located west of Paradise Plaza, offers guests a chance to engage in athletic activities or take a dip in the freshwater lagoon surrounded by loungers, daybeds or cabanas.

On one side of the lagoon, guests will find a bar with nearly 50 swings so guests can dip their toes in the cool water while enjoying Bahamian cocktails. Additional bars are located around Calypso Lagoon as well as two full-service restaurants and casual snack shacks.

A section of Calypso Lagoon and the adjacent beach will be reserved for adults only. In this area, guests will find a swim-up bar with a DJ keeping the energy going all day.

“When guests see our Suncastle as they arrive at Celebration Key, they’ll know immediately they’re in for big FUN. Paradise Plaza will be the perfect welcome spot and will set the tone for the entire visit to this truly unique destination. These new details show the creative design that’s gone into the development of each portal, with Calypso Lagoon alone offering a wide variety of options to fill the day while honoring the beauty of Grand Bahama and celebrating Bahamian culture,” said Christine Duffy, president of Carnival Cruise Line.

Royal Caribbean Announces New Beach Club in Cozumel

Royal Caribbean International has announced a new beach club: the Royal Beach Club Cozumel in Mexico, opening in 2026.

At the future location of the beach club along the western coast of the island, Royal Caribbean Group President and CEO Jason Liberty and Royal Caribbean International President and CEO Michael Bayley revealed plans for the next experience in the Royal Beach Club Collection while alongside the Secretary of Tourism of Quintana Roo in Mexico, Bernardo Cueto Riestra, and the mayor of Cozumel, Juanita Alonso.

“We are delighted to build on our longstanding partnership with the local community and government to continue bringing our guests to Mexico,” said Jason Liberty, president and CEO, Royal Caribbean Group. “The expansion of our destination offerings aligns with the growing global demand for the ultimate vacation experiences and enables our guests to connect with the beauty of local cultures and people in the places they visit.”

“The anticipation for what’s next when it comes to Royal Caribbean destinations has only continued to build since we revealed Royal Beach Club Paradise Island in The Bahamas that opens in 2025. Now is the perfect time to announce the next iteration of this collection with Royal Beach Club Cozumel,” said Michael Bayley, president and CEO, Royal Caribbean International. “Cozumel is an incredible destination, and the beach club will perfectly complement all the island has to offer as an experience that combines familiar Royal Caribbean touches with the spirit of Mexico, alongside amenities and activities for every type of vacationer.”

Royal Caribbean said the club would feature “striking beaches, views and pools for every vibe.”

“We are very proud that Royal Caribbean International has chosen Quintana Roo to build Royal Beach Club Cozumel as a new attraction for many of their guests visiting our magical island. My administration will always be committed to partnering and working very closely with the private sector to build modern and sustainable infrastructure and create local jobs for our people. These kinds of projects reaffirm our commitment to continue to be the top port of call in Latin America,” said Mara Lezama, governor of Quintana Roo.

S&P Upgrades Norwegian Cruise Line Credit Rating

Norwegian Bliss in Ponta Delgarda, Azores photo credit Spacejunkie2 Flickr Account

Norwegian Cruise Line Holdings today announced that S&P Global Ratings (S&P) has recently upgraded NCLC’s (NCL Corporation, a subsidiary of Norwegian Cruise Line Holdings) issuer credit rating and issue-level ratings.

NCLC’s issuer credit rating has been upgraded to B+, marking a notable improvement in the company’s creditworthiness, according to a press release.

In addition, S&P has raised the issue-level ratings on NCLC’s existing secured and unsecured debt. The company’s senior secured debt ratings were raised to BB/BB- and its unsecured debt rating was upgraded two notches to B.

S&P highlighted several factors for the upgrade, including NCLC’s current forward-booked position, increased capacity, occupancy recovery, and higher pricing providing good revenue and cash flow visibility for 2024. In addition, S&P noted that the Company’s leverage will benefit from higher revenue, EBITDA, and cash as it generates a full year of operations from its 2023 ship deliveries, without incurring incremental ship delivery debt in 2024.

Further enhancing its financial position, on March 7, 2024, the company successfully completed the refinancing of its $650 million backstop commitment. This commitment has been refinanced from a secured to an unsecured commitment, and as part of this refinancing, the company has repaid its $250 million 9.75% senior secured notes due 2028, eliminating its highest interest rate debt.

“The upgraded ratings are an important recognition of the strength of our business and our ability to reduce leverage,” commented Mark A. Kempa, executive vice president and chief financial officer of Norwegian Cruise Line Holdings Ltd. He continued, “Our recent refinancing, which reduces interest costs while releasing the related collateral, is a clear demonstration of our commitment to de-levering and improving our balance sheet.”