Tag Archives: costa cruises

Steel Cut for New Costa Smeralda LNG Ship

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New Costa Ship Rendering

Construction work began today on the Costa Smeralda, including her steel-cutting ceremony held at the Meyer shipyard in Turku, Finland.

The new Costa Cruises ship will be the brand’s first ship powered by liquefied natural gas (LNG) and the world’s first cruise ship to be broadly marketed to consumers from multiple countries throughout Europe, the Italian cruise line said.

The Costa Smeralda, which will enter service in October 2019, will exceed 180,000 gross tons and offer more than 2,600 passenger cabins, the company said.

A second ship, sister to Costa Smeralda, will be delivered by Meyer Turku in 2021.

Neil Palomba, president, Costa Crociere

“These ships will strengthen the leadership position for the Costa Group, which is already the market leader in all the major continental Europe markets,” said Michael Thamm, CEO of the Costa Group and Carnival Asia. “The multibillion dollar contract with Meyer, which also includes two new LNG-powered ships to be built for our German brand, AIDA Cruises, reflects our strategy of constantly innovating our vacation offerings and providing our guests with an unmatched cruise experience.”

“The two new Costa Cruises ships are a true global innovation and set new standards for the entire sector,” added Neil Palomba, president of Costa Cruises. “They will be among the first cruise ships powered by LNG, spurring the development of this green technology, especially in the Mediterranean area, and they will be the world’s first LNG-powered ships that will be marketed to consumers from multiple countries, including Italy, France, Spain, Germany and Switzerland. The new ships will also offer unique services and present a state-of-the-art interior design, serving as the perfect expression of our Italy’s Finest concept, which is a distinguishing feature of the Costa Cruises brand around the world for providing guests with a truly immersive Italian experience.”

“In the last two years, we have had a very intense design collaboration with our customer and the outcome is a really fresh and new design fused with the latest of technology. We are happy to bring our experience with building LNG powered passenger ships to bear. Today is a very special moment in shipbuilding, when all the ideas, creativity, technology and signature design that is going into Costa’s new ships, are finally starting to become reality,” stated Jan Meyer, CEO of Meyer Turku.

The Costa Smeralda will be offering cruises in Western Mediterranean, sales open early 2018.

Bahamas Paradise Cruise Line to use Costa ship

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Costa Neoclassica

Bahamas Paradise Cruise Line has received approval to add a second vessel cruising to Grand Bahama from the Port of Palm Beach.

Bahamas Paradise said that next year it will add the Costa Cruises ship neoClassica. The neoClassica will leave Costa’s fleet in March.

The port commission voted 5-0 to approve the line’s plan, which will result in daily cruises to Grand Bahama starting in April 2018. The line currently sails to Grand Bahama every other day.

Bahamas Paradise operates the 1,500-passenger MV Grand Celebration on a schedule that departs the Port of Palm Beach in the evening, spends all day docked in Freeport the following day, and returns overnight to the Port of Palm Beach. The ship sailed for Carnival Cruise Line as the Celebration from 1986 to 2008.

The ship will do the same itinerary to Grand Bahama as the Grand Celebration.

The port projects that with two ships offering two-day cruises at 60% occupancy, it will attract 765,000 passengers.

Carnival Corp ups full year revenue forecast on back of higher prices

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Carnival Corporation’s cumulative bookings for the next three quarters are at higher prices than last year and concentrated in the core cruise markets in North America and Europe.

Adjusted net profits for the last quarter edged up by $8 million year-on-year to $370 million as revenues grew from $3.7 billion to $3.9 billion on the back of a 4% increase in capacity.

The figures for the three months to May 31 were boosted by a 5% improvement in overall cruise ticket prices for the parent company of brands such as P&O Cruises, Cunard and Princess Cruises.

The improved rates affirmed efforts to increase demand “by building positive word of mouth through the delivery of exceptional guest experiences as well as our innovative marketing and public relations programmes,” said president and chief executive Arnold Donald.

The company expects full year 2017 net revenue yields in constant currency to be up approximately 3.5%, better than guidance given in March of up by around 3%.

Chief finance officer David Bernstein said: “Since the end of February, booking volumes for the next three quarters have been running in line with the prior year at nicely higher prices.

“At this point in time, cumulative bookings for the next three quarters are ahead of the prior year, again, at nicely higher prices.”

Looking forward, Donald said: “We are realising sustained strength in booking trends across all core products.

“We are delivering on our strategy to grow demand in excess of measured capacity growth while leveraging our industry-leading scale resulting in increased return on invested capital.”

The world’s largest cruise conglomerate saw the delivery of Princess Cruises’ Majestic Princess, the first ship tailored for Chinese passengers, as well as the addition of AIDAperla to German brand, AIDA Cruises.

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AIDAperla.

Two additional Princess Cruises ships, Caribbean Princess and Royal Princess, were fitted with the technical requirements to switch them early next year to the Ocean Platform featuring Ocean Medallion, the interactive technology for passengers which will debut on Regal Princess in November.

Donald told analysts in a conference call: “We have and we’ll continue to create carefully engineered high-quality destination experiences that are uniquely tailored to our guest references from our private islands like Princess Cays and Half Moon Cay to the planned expansion of our cruise terminal in Barcelona to our most recently completed port destination Amber Cove, in the Dominican Republic.

“We’re providing exceptional guest experiences that enable our brands to capture a price premium. We have many more innovations planned in port development that we expect to rollout in the coming years.”

He identified “new destination opportunities” in Cuba, the Bahamas and China.

The company expects to benefit from growing populations, increasing wealth and developing countries in addition to increased spending by consumers on “experience versus products”, all of which are contributing to 4% annual growth expected in travel globally.