Royal Caribbean Shortens Final Payment Due Date, NCL Borrows
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Creator's Key Takeaways
if you're looking to book a Royal Caribbean cruise of 15 nights or longer you'll now face a higher deposit and earlier final payment date
final payments will now be due 120 days prior to the voyage previously guest had until 90 days to make the final payment
Norwegian Cruise Line Holdings intends to secure a $790 million loan using 14 of its cruise ships as collateral
Grand Bahamas Shipyard in Freeport Bahamas is undergoing a $600 million transformation project which will include the addition of two worldclass floating dry docks
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Cruise news today. If you're looking to book a Royal Caribbean cruise of 15 nights or longer, you'll now face a higher deposit and an earlier final payment date. According to a letter sent to guests and travel partners, final payments will now be due at the 120-day mark. Previously, booked guests had until the 90-day mark to make final payments. Norwegian Cruise Line Holdings intends to secure $790 million loan using 14 of its cruise ships as collateral. With a maturity date set for 2029 and an annual interest rate of 7.75%, the bonds will be used to settle existing debts. Grand Bahama Shipyard in Freeport, Bahamas is undergoing a $600 million transformation project, which includes the addition of two world-class floating docks, aiming to reestablish itself as a global cruise ship repair facility. The floating docks will enable the yard to service every cruise ship built, including Icon and Oasis classes. Cruise line stocks for CCL, RCL, and NCLH. Watch the latest cruise news: https://www.youtube.com/watch?v=MAG-snj65XI&list=PLgGWQRf2ZGlljJxCLrHXGfs_BE3Qrd0Mk&index=2 [Connect with me] Website: https://cruiseradio.net/ Instagram: https://instagram.com/cruiseradio TikTok: https://tiktok.com/@cruiseradio Twitter: https://twitter.com/cruiseradio Read this before your cruise: https://cruiseradio.net/category/before-you-cruise/ Know about your destination: https://cruiseradio.net/category/destinations/ Tips for cruising with family: https://cruiseradio.net/category/family-cruising/ ============================== My name is Doug Parker, and this is Cruise News Today, where I provide you with the latest cruise industry news, updates, cruise ship reviews, and informative cruise insights. You'll also find behind-the-scenes videos, with cruise ship tours and port tours. I am committed to delivering the most up-to-date information through daily newscasts, breaking news updates, in-depth analysis, and coverage of the cruise industry, including engaging stories, video coverage, and original journalism that goes beyond the headlines. Be sure to subscribe and hit the notification bell to stay up-to-date with all the latest cruise news. © Cruise Radio Subscriber count: 75,144 #Cruise #CruiseNews #CruiseShip