Carnival Corporation executives expressed optimism for the balance of 2009 and going into 2010 on the company's recent quarterly earnings conference call. However, Carnival also revised its earnings guidance for the year from $2.00 to $2.10 per share, down from the previous guidance of $2.10 to $2.30, compared to actual earnings of $2.90 for 2008 and $2.95 for 2007. Commented Micky Arison, chairman and CEO: “Since March everything has been trending upward – volume and pricing. Time will tell whether it is sustainable or not.”
Carnival reported net income of $264 million, or $0.33 per share, on revenues of $2.9 billion in its second quarter ended May 31, 2009, compared to net income of $390 million, or $0.49, on revenues of $3.4 billion last year.
Canada/New England Symposium
Saguenay showed off its new cruise terminal to be officially opened on Sept. 28 during the Candana New England 2009 Cruise Symposium, which was held here on June 16 - 18. Nine cruise ports on the Saint Lawrence River are making a big push to attract more cruise traffic, in addition to ports in Atlantic Canada and New England, from New York to Boston and Maine.
Cruise passenger capacity in Hawaii has dropped more than 20 percent in 2009, following a 48 percent drop in 2008, according to Cruise Industry News estimates. And it is not expected to climb back up anytime soon.
San Francisco Builds
The Port of San Francisco is expecting to open its new terminal by 2013, in time for its 150th anniversary, with construction beginning in 2012, said Peter Dailey, deputy director, maritime
And there is more: NCL’s winter in Europe; Marina countdown for Oceania; Mano Cruises; Costa maya’s Oasis; Falmouth 2010, and more.