Like it or loathe it, DP World’s £1bn investment is vital to UK shipping Business The government narrowly avoided a major setback after DP World, the owner of P&O Ferries, threatened to pull £1bn in investment from London Gateway port.
Viking River Cruises: Record UK profit as sales recover to pre-Covid level hospitality The UK arm of Viking River Cruises has achieved its highest revenue figure since the Covid-19 pandemic while its profit hit a new record. The London-headquartered division has reported a revenue of £119.9m for 2023, up from the £94m it achieved in 2022, according to newly-filed accounts with Companies House. The last time Viking River [...]
Disney’s Magical Cruise Company sails ahead as Disneyland parks struggle retail According to recently filed accounts, Disney’s cruise line sailed past the £1.6bn ($2bn) revenue mark in 2023 for the first time in its 25-year history, thanks to a surge in demand as it emerged from the pandemic. Disney’s filings in the United States don’t disclose the results of all of the businesses it owns and [...]
Carnival sails ahead as cruise demand grows June 25, 2024 Carnival has posted record operating income and revenue despite the closure of Baltimore port following the collapse of the Francis Scott Key Bridge.
Global Ports Holding: Record number of cruise passengers heading to Norway June 14, 2024 One of the world's largest cruise port operator, Global Ports Holding, has seen a record number of cruise ship passengers pass through its hubs, with visitors to Malta and Italy outstripping their pre-pandemic levels