Jefferies Raises Viking Price Target, Keeps Hold on Norwegian
Jefferies analyst David Katz updated his outlook on two major cruise operators this week following their fourth quarter and year end 2025 earnings, lifting his price target on Viking while maintaining a cautious stance on Norwegian Cruise Line Holdings. Viking Impresses In a note sent to investors, Katz raised his price target on Viking $91…
Ritz-Carlton Reveals Luminara’s Summer 2027 Alaska and Asia Season
The Ritz-Carlton Yacht Collection announced Luminara’s summer 2027 deployment, featuring 21 voyages across Alaska and Asia from April through October. The season includes 15 Alaska voyages sailing between Vancouver and Whittier, four Asia itineraries and two transpacific crossings. “Our summer 2027 season on Luminara reflects our continued focus on immersive exploration by sea, pairing expanded…
Orient Express Corinthian Completes Sea Trials
The Orient Express Corinthian has recently completed its first sea trials ahead of its delivery, which is scheduled for the second quarter of 2026. As the first ship to be introduced by Orient Express Sailing Yachts, the 15,000-ton vessel is currently being built at the Chantiers de l’Atlantique Shipyard in France. According to an update…
Disney Cruise Line Christens the Disney Adventure in Singapore
Disney Cruise Line christened the Disney Adventure on March 4 in Singapore, marking the cruise line’s first vessel to sail in Southeast Asia. The christening ceremony took place in the Walt Disney Theatre aboard the vessel, featuring performances by regional vocalists and musicians, a 23-piece orchestra and appearances from Captain Mickey Mouse and Captain Minnie…
Viking: Fleet Strategy Key Driver to Financial Performance
Viking’s purpose-built fleet, engineered for efficiency, consistency and guest experience, helped serve as a driver of the company’s strong financial results in 2025, according to remarks made by Founder and Chairman Torstein Hagen during the company’s fourth-quarter and year-end earnings call. On the ocean side, Viking operates one of the youngest fleets in the cruise…
Viking Orders Expedition Ships, More Ocean Ship Options
Viking is continuing its growth track as the company announced it had entered into a deal to build two expedition ships for delivery in 2030 and 2031. The two expedition ships will join the current Viking expedition fleet, the 378-guest Polaris and Octantis. The new ships will be sister vessels and be built in Italy….
Viking Reports Fourth Quarter and Full Year 2025 Financial Results
Viking Holdings has reported financial results for the fourth quarter and year ended December 31, 2025. Full Year 2025 Key Highlights and 2026 Advance Bookings Total revenue was $6,501.4 million for the year ended December 31, 2025, an increase of 21.9%, compared to the same period in 2024. Gross margin was $2,582.4 million. Adjusted Gross…
Norwegian Cruise Line Holdings Reports Q4 and Full Year 2025 Financial Results
Norwegian Cruise Line Holdings has reported financial results for the fourth quarter and full year ended December 31, 2025, and provided guidance for the first quarter and full year 2026. Highlights Grew total revenue 3.7% to $9.8 billion in 2025. GAAP net income was $423.2 million, with EPS of $0.92. Delivered Adjusted EBITDA of $2.73…
Orderbook Update: More Ships and Continued Push Over 200,000 New Berths
The global cruise industry orderbook has grown to 78 ships and more than 206,600 berths, with an estimated combined value of $80.0 billion, according to the latest update of Cruise Industry News’ global cruise ship orderbook. The updated figures reflect a net increase of one ship from the prior month’s count of 77 vessels, while…
HX Expeditions Highlights 2026 Alaska Program
HX Expeditions has finalized its 2026 Alaska program, comprising two new Alaska itineraries. These are the nine-night “Alaska’s Inside Passage: Fjords of the Great Land” voyage and the 12-night “Alaska’s Inside Passage: Where the Mountains Meet the Sea.” The company said in a press release that the two new itineraries are designed to provide deeper…
Lindblad: 2025 Q4 and Full Year Financial Results
Lindblad Expeditions has reported financial results for the fourth quarter and full year ended December 31, 2025. Natalya Leahy, Chief Executive Officer, said: “In 2025, we delivered the strongest performance in our company’s history — record guest satisfaction, record yield of $1,335, and record Adjusted EBITDA $126.2 million — while strengthening our balance sheet position….
Nash: New Explora Campaign Highlights Unique Brand Position
Explora Journeys is launching a new global marketing campaign developed alongside McCann Paris. It is rolling out now across television and digital channels in multiple languages as the luxury ocean brand is staking its claim to a unique category. “We’re not a luxury legacy cruise brand, and we’re not a luxury hotel brand on land,”…
Crystal Announces Culinary Voyage With Alajmo Brothers
Crystal is featuring three-Michelin-starred chef Massimiliano Alajmo and his brother Raffaele aboard the Crystal Serenity sailing from Venice to Athens Sept. 8-15, 2026, according to a press release. The seven-night sailing will showcase the artistry and innovation that defines the Alajmo dining experience while celebrating Crystal’s culinary legacy at sea. “The evolution of Crystal’s culinary…
Tauck Expands Small Ship Cruising Portfolio for 2027
Tauck has announced its 2027 small ship cruising lineup, highlighted by a new Baltic Sea itinerary and enhancements to returning itineraries in the Galápagos, according to a press release. The company is also adding capacity in the Aegean and Iberia. “Our small ship cruises continue to resonate with guests because they combine distinctive itinerary design,…
How Cruise Is Defining LNG’s Next Phase
As the cruise industry embraces LNG, the conversation has shifted from feasibility to methane slip. Advances in engine technology, independent validation, and real-world operations show LNG becoming a credible, scalable fuel for passenger shipping. When methane slip is effectively reduced, LNG-fuelled cruise ships can enjoy a longer regulatory compliance window than any other fossil-based marine…