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SCENIC ECLIPSE – the WORLD's FIRST DISCOVERY YACHT– Page 8
22ND YEAR OF PUBLICATION ESTABLISHED 1998 OCTOBER 2019 ISSUE 121 PRICE $10.60 (INCL GST) SCENIC ECLIPSE – THE WORLD'S FIRST DISCOVERY YACHT – Page 8 Cruise Season Underway – page 5 Brisbane International Cruise Terminal taking shape – page 5 Featuring a comprehensive coverage of Global Cruising for Cruise Passengers, the Trade and the Industry www.cruisingnews.com Enjoy a six-course fine-dining experience+ at sea from award-winning chef Curtis Stone +Additional charges apply Experience SHARETM by Curtis Stone onboard Ruby and Sun Princess ® Cruise 10 nights from $1,559pp* twin share *Fare based on lead interior stateroom on 10 night Queensland sailing roundtrip Sydney, departing5 Apr 2020 onboard Sun Princess. Please see Princess.com for full terms & conditions BOOK NOW! Visit your travel agent | 1300 385 631 | www.princess.com 22ND YEAR OF PUBLICATION ESTABLISHED 1998 OCTOBER 2019 ISSUE 121 PRICE $10.60 (INCL GST) Since our last issue of Cruising News the industry continues to move ahead with so many announcements. The various cruise conferences have produced much information about what is happening that allows the industry and travel agents better serve their consumers, you our readers. Adam Goldstein from RCI made it clear that lack of SCENIC ECLIPSE – THE WORLD'S infrastructure in Sydney and Auckland was inhibiting the FIRST DISCOVERY YACHT – Page 8 possible arrival of Oasis class ships in the future. Cruise Season Underway – page 5 Reports on the three conference events are in this issue as well as comments from Brisbane International Cruise Terminal taking shape – page 5 Adam Goldstein – story on page 28 along with a progress announcement for Sydney. -
TUI AG FINANCIAL YEAR 2010/11 Interim Report 1
TUI AG FINANCIAL YEAR 2010/11 Interim Report 1. October 2010 – 31. December 2010 TUI AG Karl-Wiechert-Allee 4 30625 Hanover Germany DECEMBER Q1 2010/11 OCTOBER NOVEMBER DECEMBER Q1 2010/11 OCTOBER NOVEMBER DECEMBER Q1 2010/11 OCTOBER NOVEMBER DECEMBER Q1 2010/11 OCTOBER NOVEMBER DECEMBER Q1 2010/11 OCTOBER NOVEMBER DECEMBER Q1 2010/11 OCTOBER NOVEMBER DECEMBER Q1 2010/11 OCTOBER NOVEMBER DECEMBER Q1 2010/11 OCTOBER NOVEMBER DECEMBER Q1 2010/11 OCTOBER NOVEMBER DECEMBER Q1 2010/11 OCTOBER NOVEMBER DECEMBER Q1 2010/11 OCTOBER NOVEMBER RZ 10-05-0074 Q1_engl 2011_Umschlag.indd 1 07.02.11 11:47 Table of Contents 2 Economic Situation in Q1 2010/11 29 Interim Financial Statements Financial Calendar Calendar 2 General Economic Situation 29 Income Statement 30 Condensed Statement of Comprehensive Income Half-Year Report 2010/11 12 May 2011 2 Special Events in the Quarter Under Review 31 Statement of Financial Position Interim Report Q3 2010/11 11 August 2011 32 Condensed Statements of Changes in Equity Annual Report 2010/11 - Press Conference & Analysts‘ Meeting 14 December 2011 3 Earnings by the Sectors 32 Condensed Cash Flows Statement 3 Development of Turnover 4 Development of Earnings 5 TUI Travel 33 Notes 8 TUI Hotels & Resorts 13 Cruises 33 Accounting Principles 15 Central Operations 33 Group of Consolidated Companies 16 Information on Container Shipping 34 Acquisitions - Divestments 36 Notes on the Consolidated Income Statement 18 Consolidated Earnings 38 Notes on the Consolidated Statement of Financial Position 20 Net Assets and Financial -
Annual Report of the Tui Group 2019 2019 Annual Report of the Tui Group 2019 Financial Highlights
ANNUAL REPORT OF THE TUI GROUP 2019 2019 ANNUAL REPORT OF THE TUI GROUP THE OF REPORT ANNUAL 2019 FINANCIAL HIGHLIGHTS 2019 2018 Var. % Var. % at adjusted constant € million currency Turnover 18,928.1 18,468.7 + 2.5 + 2.7 Underlying EBITA1 Hotels & Resorts 451.5 420.0 + 7.5 – 4.9 Cruises 366.0 323.9 + 13.0 + 13.2 Destination Experiences 55.7 45.6 + 22.1 + 20.4 Holiday Experiences 873.2 789.5 + 10.6 + 3.6 Northern Region 56.8 278.2 – 79.6 – 77.1 Central Region 102.0 94.9 + 7.5 + 7.0 Western Region – 27.0 124.2 n. a. n. a. Markets & Airlines 131.8 497.3 – 73.5 – 72.2 All other segments – 111.7 – 144.0 + 22.4 + 18.5 TUI Group 893.3 1,142.8 – 21.8 – 25.6 EBITA2, 3 768.4 1,054.5 – 27.1 Underlying EBITDA3, 4 1,359.5 1,554.8 – 12.6 EBITDA3, 4 1,277.4 1,494.3 – 14.5 EBITDAR3, 4, 5 1,990.4 2,215.8 – 10.2 Net profi t for the period 531.9 774.9 – 31.4 Earnings per share3 in € 0.71 1.17 – 39.3 Equity ratio (30 Sept.)6 % 25.6 27.4 – 1.8 Net capex and investments (30 Sept.) 1,118.5 827.0 + 35.2 Net debt / net cash (30 Sept.) – 909.6 123.6 n. a. Employees (30 Sept.) 71,473 69,546 + 2.8 Diff erences may occur due to rounding. This Annual Report 2019 of the TUI Group was prepared for the reporting period from 1 October 2018 to 30 September 2019. -
2019 Norwegian Cruise Line Holdings Ltd. Stewardship Report
2019 STEWARDSHIP REPORT 2019 NORWEGIAN CRUISE LINE HOLDINGS LTD. STEWARDSHIP REPORT 2 CEO LETTER 19 PUBLIC HEALTH & SAFETY 37 ENVIRONMENTAL MANAGEMENT • Public Health • Environmental Commitment 3 OUR COMPANY • Safety at Sea • Energy & Emissions 5 SAIL & SUSTAIN • Waste 30 SUPPLY CHAIN • Water 6 COMMUNITY INVOLVEMENT • Supplier Diversity • Philanthropy • Eliminating Single-Use Plastics 60 GLOSSARY OF TERMS • Disaster Relief • Sustainable Initiatives • Partnerships • Harvest Caye QUICK REFERENCE DOWNLOADS COMMUNITY PUBLIC HEALTH ENERGY & WASTE MITIGATION WATER CONSERVATION INVOLVEMENT & SAFETY EMISSIONS & RECYCLING & ONBOARD PRODUCTION 1 A LETTER FROM OUR CEO 2019 was another remarkable year for our company, with approximately Team members also played a role in our sustainability efforts and donated over 2.7 million guests visiting more than 490 destinations worldwide. We 1,000 hours giving back to our communities through events such as beach clean welcomed the highly anticipated 27th ship in our fleet, Norwegian Encore, ups, Habitat for Humanity, and dinner services at the Camillus House Campus and prepared for the early 2020 arrival of our 28th ship, Regent’s Seven emergency housing facility. Seas Splendor, all while delivering record financial results. At the same time, we made substantial progress on our Environmental, Social and Governance Since 2017 we have partnered with the Florida Diversity Council, joining like- (ESG) efforts including our global sustainability program, “Sail & Sustain” minded organizations to find ways to promote and expand diversity and equality in the workplace. We continue to reach out to diversity organizations on college and on our environmental goals to reduce CO2 emissions, invest in emerging technologies, minimize waste to landfills and increase sustainable sourcing. -
Annual Report 2017 Contents & Financial Highlights
ANNUAL REPORT 2017 CONTENTS & FINANCIAL HIGHLIGHTS TUI GroupFinancial 2017 in numbers highlights Formats The Annual Report and 2017 2016 Var. % Var. % at the Magazine are also available online € 18.5 bn € 1,102.1restated m constant € million currency Turnover 18,535.0 17,153.9 + 8.1 + 11.7 Underlying EBITA1 1 1 + 11.7Hotels & %Resorts + 12.0356.5 % 303.8 + 17.3 + 19.2 Cruises 255.6 190.9 + 33.9 + 38.0 Online turnoverSource Markets underlying526.5 554.3 – 5.0 – 4.0 Northern Region 345.8 383.1 – 9.7 – 8.4 year-on-year Central Region 71.5 85.1 – 16.0 – 15.8 Western Region EBITA109.2 86.1 + 26.8 + 27.0 Other Tourism year-on-year13.4 7.9 + 69.6 + 124.6 Tourism 1,152.0 1,056.9 + 9.0 + 11.2 All other segments – 49.9 – 56.4 + 11.5 + 3.4 Mobile TUI Group 1,102.1 1,000.5 + 10.2 + 12.0 Discontinued operations – 1.2 92.9 n. a. Total 1,100.9 1,093.4 + 0.7 http://annualreport2017. tuigroup.com EBITA 2, 4 1,026.5 898.1 + 14.3 Underlying EBITDA4 1,541.7 1,379.6 + 11.7 56 %EBITDA2 4 23.61,490.9 % ROIC1,305.1 + 14.2 Net profi t for the period 910.9 464.9 + 95.9 fromEarnings hotels per share4 & € 6.751.36 % WACC0.61 + 123.0 Equity ratio (30 Sept.)3 % 24.9 22.5 + 2.4 cruisesNet capex and contentinvestments (30 Sept.) 1,071.9 634.8 + 68.9 comparedNet with cash 30 %(302 at Sept.) time 4of merger 583.0 31.8 n. -
Cruise Ships on Order 2016-2027
CRUISE SHIPS ON ORDER 2016-2027 Ship‘s Name / Year Cruise Line Operator Class Hull No. GT pax/max Month Yard Diesel Engines Price Mill. USD 2 016 Carnival Vista Carnival RINA 6242 133 500 3 954 April Fincantieri, Monfalcone (2) 14V MAN 48/60CR 780 (Vista Class I) (3) 8L MAN 48/60CR Koningsdam HAL LR 6241 99 800 2 660 April Fincantieri, Marghera (4) 12V MaK M43C 550 (Pinnacle Class I) Ovation of the Seas RCCL DNV-GL 699 168 666 4 180 May Meyer Werft, Papenburg (2) 12V Wärtsilä 46F 1 000 (Quantum Class III) Financing by KfW IPEX-Bank from Germany (2) 16V Wärtsilä 46F (2) CAT 3516 HD Harmony of the Seas RCCL DNV-GL A34 226 000 5 400 June STX France, St. Nazaire (3) 12V Wärtsilä 46D 1 300 (Oasis Class III) (3) 16V Wärtsilä 46D Royal Caribbean has got an unsecured loan for up to t 892 million to finance its third Oasis-class cruise ship. COFACE, the export credit agency of France, will guarantee 100% of the financing, according to a filing. As soon as the loan is funded, it will amortize semi-annually and will mature 12 years as soon as STX France shipyard delivers the new ship. Interest on the loan is expected to accrue at a fixed rate of 2.6%, including the applicable margin, or at a floating rate equal to EURIBOR plus 1.15%. Société Générale is serving as facility agent and mandated lead arranger, BNP Paribas as documentation bank and mandated lead arranger, and HSBC France as mandated lead arranger. -
“Meyer Going Strong Both in Finland and Germany”
Shipyard Chairman of Meyer Turku Oy Mr. Bernard Meyer: “Meyer going strong both in Finland and Germany” 14 14-21_Maritime_EN_Bernard-Meyer.indd 14 1.4.2019 12.29 The Meyer family-owned company Meyer Werft of Germany has been in the shipbuilding business since 1795. During the last several decades its emphasis has shifted to passenger vessels. Today, Meyer is one of the world leaders in producing specialized cruise ships. TEXT EERO MÄKINEN PHOTOS MEYER 15 14-21_Maritime_EN_Bernard-Meyer.indd 15 1.4.2019 12.29 Shipyard eyer operates today two yards in year when we took over the yard. By 2020 Meyer The four Managing Directors of the Meyer Germany: the main yard in Papen- Turku will be able to produce two large cruise ships a shipbuilding group, burg and a smaller yard in Warne- year. In Papenburg we are reaching already this year Thomas Weigend, munde, the latter for the construc- our expansion target by building two big cruise ships Dr. Jan Meyer, Bernard Meyer and tion of smaller vessels and large a year and one small size cruise ship. Our shipyard Tim Meyer. Mfloating sections for the Group’s other yards. in Warnemünde, Neptun Werft, is supporting Pap- In 2014 Meyer took a big step of expansion by the enburg and Turku with floating engine room units acquisition of the biggest yard in Finland, the Turku and they have been growing recently to supply the yard - another specialist yard for cruise vessels. demand of engine room units for Papenburg and will further grow for the increasing demand of engine Meyer Group with its three yards is going room units in Turku. -
Annual Review
ANNUAL REVIEW YEAR 2020 EDITORIAL TABLE OF Our product portfolio covers all THE BEGINNING OF A NEW YEAR AND A accommodation and catering areas, CONTENT including background works. Thereby, NEW ERA FOR OUR INDUSTRY our customers can outsource all interior areas to one single trusted turnkey provider. We have developed a new maintenance concept that release our customers from unnecessary hassle Looking at the prospects in the our customers with the acute problems ALMACO IN BRIEF beginning of the year, we were they were, and still are, facing. The and responsibility. In the beginning counting on a year of growth, both first step was to sit down together to of May, ALMACO launched a new product category, Health and Sanitation Our ID for the market and our company. work out new project plans and adapt Our products ALMACO had just opened a new office the scope of works, schedules, and solutions, to help our customers comply 4 in Germany and we had many large, delivery times to better correspond to to the new standards and regulations interesting projects under work and in the situation at hand. We were asked now being developed for the industry. the pipeline. But the whole world was to jump into a few projects last minute, During 2021 we will keep working on new innovations that meet both health in for a big surprise. We were rapidly where our help was needed. A few NEWS forced to recalibrate our plans, targets, projects were postponed or delayed, and sanitation, as well as environmental and short-term strategies. -
Project Referance List Cruise Ships
Project Referance List Cruise Ships YEAR VESSEL CLIENT / OWNER SCOPE OF DELIVERY 2014 m/s Freedom M.E Solutions Scrubber Installation 2014 m/s Freedom Carnival Cruiselines Emergency Battery Replacement 2014 m/s Legend M.E Solutions Scrubber installation 2014 m/s Navigator Merima Shops, Display units 2014 m/s Navigator Almaco Cabins 2013 m/s Birka Stockholm Eckerö Linjen Upgrading of luxury Cabins 2013 m/v Pride of America NCL CCTV Cabling 2013 m/v Monarch Pullmantur Lighting upgrade in all shops 2013 m/v Norwegian Epic NCL Installation of 660 CCTV cameras 2013 m/v Bimini Superfast Almaco Oy Major Conversion of casinos and bars 2012 Celebrity Summit Almaco Oy Exit sign and volume control installation 2012 Conquest/Glory Carnival Cruise Line Emergency Battery Installation 2011 Carnival Cruise Line, ABB Emergency Battery Installation, VSD Installation Mircale Marine,Florida Phase 2 2011 Celebrity Summit Almaco Oy New Cabins Deck 11 & 3 2011 Crystal Symphony. Merima Replace existing heat lamps with new 2011 Consilium, Bugge & Mercury Gjertsen Pulling fibre cable, Grand Foyer Step lights. 2011 15 New Cabins, Installation of AC diffusers in new Radiance of the seas. Almaco Oy cabins, Relocation of el. boxes D4 and D9 2011 Veendam ABB Marine,Florida Cable pulling 2011 Spirit Class Miracle ABB Marine,Florida VSD bypass switch 2011 CCL Pride ABB Marine,Florida VSD Installation (16pcs) 2011 CCL Legend ABB Marine,Florida VSD Installation (16pcs) 2011 CCL Spirit ABB Marine,Florida VSD Installation (16pcs) 2011 Celebrity Infinity Almaco Oy New Cabins Deck 11 & 3, Transformers 2011 Celebrity Millennium Almaco Oy New Cabins Deck 11 & 3 2010 CCL Pride ABB Marine Florida Energy efficent 2010 Mercury to Mein S 2 Bugge & Gjertsen TUI Bar 2010 Allur of the seas. -
BLÜCHER Marine References
BLÜCHER Marine References Country Project Shipyard Owner Vessel Type Hull no. Year Argentina Frigate Naval Shipyard Frigate Frigate Refitting 2005 Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 361 2013 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 362 2013 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 363 2013 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 364 2013 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 365 2014 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 366 2014 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 367 2014 Border Protection Service Protection Service Australia Australian Customs and Austal Ships Australian Customs and Border Cape Class Patrol Boat 368 2014 Border Protection Service Protection Service Australia Australian Defence Civmec/ASC Australian Defence OPV OPV1 2019 Australia Australian Defence - ASC Shipyard Australian Defence Air Warfare Destroyer 2012 AWD Australia Australian Defence - LHD BAE Systems Australian Defence Landing Helicpoter 2012 Dock Australia Dick Smith Tenix Dick Smith Ocean Research Ulysses Blue 2005 Vessel Australia Esso West Tuna Esso Platform 1996 Australia HMAS Arunta BAE Systems Australian Defence ANZAC Frigate ANZAC 2019 Australia Jean de la Valette - Virtu Austal Ships Virtu Ferries High Speed Ferry 248 2010 Ferries Australia RNZN Tenix RNZN Ocean Research 42826 2006 Vessel Australia Taylor Bros. -
Meyer Turku Table of Contents
THE NAVIGATOR News for our partners June 2018 WELCOME MEYER WERFT’S NEW RECEPTION AREA AND OTHER INVESTMENTS PREVIEW MEYER PARTNER ORDER BOOK – THREE STRATEGY 2018: SUPPLIERS 05/18 OF THE YEAR 2018 NEW ORDERS FOR MEYER ARE OUR PARTNERS MEYER WERFT We have a few surprises up our MEYER WERFT and Carnival Corpo- Our Strategy 2018 defines the targets NEPTUN WERFT sleeves ration have signed contracts for our three shipyards MEYER TURKU TABLE OF CONTENTS THE GROUP MEYER WERFT 03 10 TOGETHER NEWS IN BRIEF Our first large platform is a pioneering success MEYER at SMM, Production records 2017 in the with orders for nine ships in this series. But now Laser Center, New production facilities for new it’s time to get ready for the future. ships at MEYER TURKU 12 14 THE MeyERP TRAIN ROLLS ON CHRISTENING A CRUISE SHIP IN AND ON… PAPENBURG Following the successful completion of the project Christening of AIDAnova at MEYER WERFT in Piikkio Works Oy, the MeyERP team is now in Papenburg and NDR2 Festival on 31 August going to implement the ERP system. 2018 / 1 September 2018 MEYER WERFT 16 RESPONSIBILITY FOR WORKPLACE SAFETY 12 Lean processes - this is our philosophy at NEW EXECUTIVE BOARD MEYER WERFT. You will no doubt have noticed 04 many changes during the past years. PREVIEW MEYER PARTNER OF MEMBER ENGINEERING THE YEAR 2018 Jörg Heidelberg takes over responsibility for Engineering department from Philip Gennotte 17 The first international “Partner of the Year” was from 1 February. Furthermore, he is still on the THE INTERNATIONAL SHIP AND a great success last year in Finland. -
Varata a Monfalcone La “Discovery Princess”
27 Settembre 2021 - Livorno: Guardia Costiera “ferma” nave in porto LIVORNO – La Guardia Costiera ha disposto il “fermo” di una nave nel porto labronico. Nel quadro del più ampio progetto di tutela della vita umana in mare e dell’ambiente marino e costiero che vede fortemente impegnato il Corpo delle Capitanerie di Porto, nella giornata di ieri gli uomini della Guardia Costiera di Livorno – Nucleo Port State Control, hanno emanato il provvedimento di “fermo” nei confronti della nave da carico generale denominata “Saffet Aga”, ai sensi della Direttiva 2009/16 dell’Unione europea, recepita con il D.Lgs 53 del 2011. https://www.messaggeromarittimo.it/tag/nave/ | 27 Settembre 2021 - 27 Settembre 2021 - Il provvedimento è stato adottato al termine di una dettagliata ispezione dell’unità che, in base alle vigenti normative internazionali in materia di sicurezza della navigazione, è risultata essere in condizioni “sub-standard”. In particolare, sono emerse gravi carenze in materia di prevenzione degli incendi a bordo, in materia di prevenzione dell’inquinamento marino da idrocarburi, nonché in materia di preparazione e risposta alle emergenze da parte dell’equipaggio. Al momento l’unità risulta ancora ferma in porto, in attesa che vengano ripristinati gli standard minimi per poter essere nuovamente autorizzata a navigare. L’unità dovrà poi essere sottoposta a specifici controlli da parte degli ispettori dell’Ente Tecnico “Bureau Veritas”, responsabile del rilascio della certificazione di sicurezza per conto della bandiera Barbados. Giova ricordare che il Nucleo PSC della Capitaneria di Porto di Porto di Livorno, guidata dal contrammiraglio Gaetano Angora ha da sempre profuso notevoli sforzi nella lotta al fenomeno delle “navi sub-standard” che, in difformità alle convenzioni internazionali, navigano con gravissimo rischio per la sicurezza della navigazione e dell’ambiente marino nonché per la sicurezza e per le condizioni di vita delle persone che sulle navi vivono e lavorano.