Saga Cruises has examined the possibility of extending the suspension of cruise and tour operations for as long as six months in the wake of the coronavirus pandemic. In mid-March, Saga suspended all cruises until at least May 1st.
Carnival Corporation has successful raised $6.25 billion in new financing as the cruise line battles a slowdown in global travel in response to the coronavirus pandemic.
Royal Caribbean Cruises chief executive, Richard Fain, will forego the payment of his salary until at least September as the company battles the coronavirus pandemic.
Carnival Corporation has sought to raise as much as US$6 billion in new liquidity as the company battles the collapse in global travel following the coronavirus pandemic.
Teams from Fred. Olsen Cruise Lines’ Suffolk-based headquarters have shared images of themselves working from home as the company reassures its guests and trade partners ‘we are still here for you’.
Cunard and P&O Cruises have extended the suspension of all voyages as the coronavirus pandemic continues to grow around the world. Both Carnival Corporation-owned lines will not set sail again until at least May 15th.
MSC Cruises has further extended the halting of all its new cruise departures fleet-wide through to May 29th. At the same time, the cruise line announced the death of Emiliano González, president of MSC Cruises Spain.
Thames Clippers services will be halted from tomorrow as the capital is locked down to combat the coronavirus pandemic. Sean Collins, chief executive Thames Clippers, confirmed all services will be temporarily suspending until further notice.
In light of the developing Covid-19 pandemic, the cruise line – which also operates Celebrity Cruises, Azamara and Silversea Cruises – has scrapped all sailings until May 12th.
A statement from the line explained: “When Virgin Voyages was founded nearly seven years ago, we never dreamed the world and our industry would be facing the type of challenges we all are today."
Royal Caribbean Cruises has secured a $2.2 billion 364-day secured-term loan facility as the company battles the fallout from the coronavirus pandemic. The cruise line has currently suspended all of its sailings until at least early April.
Entrepreneur Richard Branson is set to invest US$250 million into the Virgin Group as the company battles the fallout from the coronavirus outbreak. “This is the most significant crisis the world has experienced in my lifetime,” said Branson.