All You Need to Know About Cruises From the Port of New York & New Jersey
Did You Ever Wonder What Happened to Home Lines Atlantic?
Home Lines Atlantic Entering Hamilton Bermuda
Ever wonder what happened to the popular Atlantic (1982) of Home Lines fame?
The Atlantic was build for the ever popular Home Lines to sail from New
York to Bermuda in the spring, summer and fall and the Caribbean in the
winter. The ship is modest in size, at 33,000 tons - about 25% the size
of the mega-ships today. Home Lines was a very popular cruise line which
operated great ships like the Homeric, Oceanic, Italia and Doric.
As reported in my earlier predictions for the cruise industry during / post coronavirus - many of my predictions are coming true including the premature scrapping of cruise ship well before their time. Read Prior Cruise Industry Prediction articles
Carnival Corporation announced that up to 6 ships will be sold / scrapped in between now and the end of the month.
Already the Costa Victoria, of Carnival Corp's Costa Cruises, which was supposed to be used as an accommodation ship for shipyard workers has now reportedly been sold for scrap. Additional ships reported on the for sale list include the Carnival Fantasy class ships and in a surprise move the Carnival Sunrise, which just recently completed a massive $100M refit is on the for sale list for $350K.
Reports that Royal Caribbean has also placed a number of ships on the for sale list including the Grandeur of the Seas, Rhapsody of the Seas and the Empress of the Seas.
In a recent interview, the President of Norwegian Cruise Li…
is my prediction of the future impacts of the coronavirus on the cruise
industry in the months / years ahead. Basically the damage has been
done and it will be a long time before cruise passengers have confidence
to return to the ships.
In the near term 1-6 months: When cruise lines resume operations after a temporary suspension, a
good number of their ships will remain laid-up. They just will NOT be
able to fill all the ships right away.The
number of cruise ports that prohibit cruise ship calls will increase.
Bergen, Norway just joined the list of destinations saying - "No
Thanks" to the cruise lines. Ships will be laid up due to the lack of demand. Itineraries
will be altered based on the health of those onboard. Potentially sick
passengers will cause ports to be skipped or passengers to be
quarantined. Cruise capacity in Europe will be ratcheted back significantly.Additional cruise lines will sporatically lay up ships, especially in seasons where demand…
Genting Hong Kong
has suspended all payments to creditors, sparking a 33% drop in the company’s
share price. Genting cited
COVID-19’s impact on its operations — which include Dream Cruises,
Star Cruises and Crystal Cruises — for the cash crunch, in a statement to
the Hong Kong stock exchange Wednesday night.‘The Group has
undertaken a number of cost reduction and cash conservation measures to
mitigate the effects of the resultant loss of revenues from its operations,’
the statement said. The company owed a
total of $3.4bn as of July 31.Bank fees due on
newbuildsOn August 17, Dream
Global One Ltd and Dream Global Two Ltd (subsidiaries of Genting HK) were
required to pay bank fees amounting to €3.7m in connection with the
financing of the construction of ‘certain ships’, said the company statement.
Those fees were not paid.Earlier this month
Genting warned of a year delay in deliveries of Crystal Endeavor and Global
Dream both under construction at own yards MV Werften and severely