Miami Cruises

CRUISE SHIP NEWS: ROYAL CARIBBEAN RAISING ANOTHER $2 B MSC SEASIDE LEAVES MIAMI FOR EUROPE





CRUISE SHIP NEWS: ROYAL CARIBBEAN RAISING ANOTHER $2 B MSC SEASIDE LEAVES MIAMI FOR EUROPE Royal Caribbean is going to raise another $2 billion to pay off maturing debt and get additional cash to survive the cruise shutdown. The offering of convertible bonds and notes will be made from a new subsidiary company that RCCL has created and will be backed by 7 ships from the companies fleet. MSC has announced that it will reposition the $1 billion MSC Seaside to Genoa from Miami and move the MSC Devina to Port Canaveral to only operate 2 ships from Miami after the cruise shutdown is lifted. Tampa loses out on getting the MSC Armonia as it will stay in Miami. The cruise line also went on to say that it will not be back to full operation until at least summer 2021.

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