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Royal Caribbean to invest in Penang’s cruise terminal expansion
GEORGE TOWN: A global cruise line giant listed on the New York Stock Exchange is investing in the Swettenham Pier Cruise Terminal here to lengthen the pier from the present 400m to 688m.
P&O Princess crowns £3.3bil marriage with Carnival
Britain#8217;s PO Princess Cruises Plc has formally backed a £3.3bil merger with sector leader Carnival after it broke ties with former merger partner Royal Caribbean last week.
Short sellers lost billions as travel and leisure stocks rallied
LONDON/NEW YORK: Short sellers betting against European and U.S. travel, leisure and bank stocks lost billions of dollars on Monday, after news of a COVID-19 vaccine triggered a rally in shares of companies that have suffered under months of virus-fueled restrictions and lockdowns.
STX France lands major luxury liner order
NANTES, France: An ailing French shipyard landed a multi-million-dollar contract Thursday as a US cruise company announced it was ordering a massive luxury liner from STX France at Saint Nazaire.
Gateways at three ports to turn M’sia into a cruise hub
PORT KLANG: The setting up of three ports as tourism gateways is set to attract more cruise ship visits and turn the country into a cruise hub, Transport Ministry Secretary-General Datuk Seri Saripuddin Kasim said.
The region is benefiting from the visits of mega cruise ships
PORT KLANG: Banking on its sunny weather all year round and interesting tourist spots, South-East Asia is becoming one of the preferred destinations for mega-size cruise ships, potentially giving a boost to the tourism industry in the region.
Cruise vacation getting popular among Chinese travellers
IT'S romantic, leisurely, sunny, and most importantly, takes place on the open ocean. It's a cruise vacation, and it's growing popular among Chinese tourists.
For these billionaires, it’s all about cruise fleets
NEW YORK: It was a cold and cloudy July day in Reykjavik, and French arts patron Maryvonne Pinault was at a pier fulfilling her godmother duties for Le Laperouse, the first of six 184-passenger, upscale expedition yachts from her husband’s Marseilles-based cruise line Compagnie du Ponant.
Virus impact: Starbucks shuts stores, Toyota halts production
WILMINGTON: Starbucks Corp has closed more than half of its coffee shops in mainland China - about 2,000 of them - and Toyota Motor Corp is halting production in the country as global corporations grapple with a SARS-like coronavirus that has killed more than 130 people and is threatening a key growth market.
Cruising in troubled waters
Uncertainties in cruise industry more painful for Genting Hong Kong’s debt restructuring
