January 12, 1997
Just 10 companies control 87% of the cruise industry's 116,616 berths, says Travel Agent magazine. The breakdown: *--* Percent of market Carnival Corp. 26.9% Royal Caribbean Cruise Line 16.1 Princess Cruises 9.5 NCL Holding 7.6 (Norwegian Cruise Line Ltd.) Costa Cruise Lines 7.1 Celebrity Cruises 6.8 Dolphin Cruise line 3.7 Cunard Line 3.5 Bergen Line 3.1 Royal Olympic Cruises 2.7 Others 13.0 *--* Source: Travel Agent's "Cruise Marketshare Report"
December 2, 1999 |
Carnival Corp., the world's largest cruise operator, on Wednesday said it will make an unsolicited, all-cash tender offer of $1.7 billion to NCL Holding to add Norwegian Cruise Line to its fleet. Miami-based Carnival, whose lines include Carnival and Holland America, has said it's seeking acquisitions to boost its profit and revenue, as most of its ships currently sail full. On the New York Stock Exchange, NCL shares soared in the final minutes of trading, gaining $4.31 to close at $15.50.
April 25, 1996 |
Carnival Corp., Royal Caribbean Cruises Ltd. and other cruise lines are the target of lawsuits alleging they inflated port fees as a way of charging passengers more than advertised fare prices. The suits, which seek class-action status, were filed Tuesday in California, Florida and Washington and seek more than $100 million in refunds, a lawyer for the plaintiffs said.