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Jmccaffrey

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  1. Like
    Jmccaffrey got a reaction from Tanner in Royal Caribbean Group acquires remaining interest in Silversea   
    Keep in mind, the company has more flexibility now that they own 100% of Silversea Cruises. By using the stock to buy the rest of the company, RC now has more assets  on the books if they need to get more debt. ..... In the end by buying this company, RC become stronger financially and more able to weather the out come of  coronavirus
  2. Like
    Jmccaffrey got a reaction from ehw51 in Royal Caribbean Group acquires remaining interest in Silversea   
    Friday, June 10, 2020 MIAMI – July 10, 2020 – Royal Caribbean Group (NYSE: RCL) has purchased the remaining shares of Silversea Cruises, a pioneer and leader in ultra-luxury and expedition cruising.
    The move to full ownership comes two years after Royal Caribbean Group acquired a two-thirds share of the cruise line in July 2018.
    “Silversea has been a great fit for our company from the very first day,” said Richard D. Fain, Chairman and CEO of Royal Caribbean Group. “The cultures of the two organizations have proven to be harmonious, and guests have responded favorably to the combination.”
    Manfredi Lefebvre d’Ovidio, who took over the company from his late father, will serve as chairman of Silversea. Roberto Martinoli will remain the brand’s president and CEO.
    “Manfredi and Roberto have brought a fresh point of view to our company, as well as deep knowledge of their brand’s unique audience,” Fain said. “Their skills – and Manfredi’s inimitable style – will continue to play an important role in growing Silversea into the future.”
    Said Lefebvre: “The combination of our companies has been everything I hoped for. The skills and resources of Royal Caribbean Group have helped us grow and flourish. We share a vision about the bright future of cruising, and I look forward to being a shareholder in the broader Royal Caribbean Group.”
    Added Martinoli: “Thanks to the incredible resources and skills of Royal Caribbean Group, Silversea will grow and thrive. Today marks another key step in our drive to uncontested leadership in ultra-luxury and expedition cruising.”
    The remaining one-third stake held by Heritage Cruise Holding Ltd. was paid for in the form of 5.2 million shares of Royal Caribbean Group common stock, which represents about 2.5% of the total common stock.
    Perella Weinberg Partners LP served as financial advisor and Skadden Arps, Slate, Meagher & Flom LLP served as legal advisor to the company regarding this transaction. Barclays Bank PLC served as financial advisor to Manfredi Lefebvre and Morgan, Lewis & Bockius LLP provided legal counsel.
  3. Like
    Jmccaffrey got a reaction from Ogilthorpe in Royal Caribbean Group acquires remaining interest in Silversea   
    Friday, June 10, 2020 MIAMI – July 10, 2020 – Royal Caribbean Group (NYSE: RCL) has purchased the remaining shares of Silversea Cruises, a pioneer and leader in ultra-luxury and expedition cruising.
    The move to full ownership comes two years after Royal Caribbean Group acquired a two-thirds share of the cruise line in July 2018.
    “Silversea has been a great fit for our company from the very first day,” said Richard D. Fain, Chairman and CEO of Royal Caribbean Group. “The cultures of the two organizations have proven to be harmonious, and guests have responded favorably to the combination.”
    Manfredi Lefebvre d’Ovidio, who took over the company from his late father, will serve as chairman of Silversea. Roberto Martinoli will remain the brand’s president and CEO.
    “Manfredi and Roberto have brought a fresh point of view to our company, as well as deep knowledge of their brand’s unique audience,” Fain said. “Their skills – and Manfredi’s inimitable style – will continue to play an important role in growing Silversea into the future.”
    Said Lefebvre: “The combination of our companies has been everything I hoped for. The skills and resources of Royal Caribbean Group have helped us grow and flourish. We share a vision about the bright future of cruising, and I look forward to being a shareholder in the broader Royal Caribbean Group.”
    Added Martinoli: “Thanks to the incredible resources and skills of Royal Caribbean Group, Silversea will grow and thrive. Today marks another key step in our drive to uncontested leadership in ultra-luxury and expedition cruising.”
    The remaining one-third stake held by Heritage Cruise Holding Ltd. was paid for in the form of 5.2 million shares of Royal Caribbean Group common stock, which represents about 2.5% of the total common stock.
    Perella Weinberg Partners LP served as financial advisor and Skadden Arps, Slate, Meagher & Flom LLP served as legal advisor to the company regarding this transaction. Barclays Bank PLC served as financial advisor to Manfredi Lefebvre and Morgan, Lewis & Bockius LLP provided legal counsel.
  4. Like
    Jmccaffrey got a reaction from YOLO in Royal Caribbean Group acquires remaining interest in Silversea   
    Friday, June 10, 2020 MIAMI – July 10, 2020 – Royal Caribbean Group (NYSE: RCL) has purchased the remaining shares of Silversea Cruises, a pioneer and leader in ultra-luxury and expedition cruising.
    The move to full ownership comes two years after Royal Caribbean Group acquired a two-thirds share of the cruise line in July 2018.
    “Silversea has been a great fit for our company from the very first day,” said Richard D. Fain, Chairman and CEO of Royal Caribbean Group. “The cultures of the two organizations have proven to be harmonious, and guests have responded favorably to the combination.”
    Manfredi Lefebvre d’Ovidio, who took over the company from his late father, will serve as chairman of Silversea. Roberto Martinoli will remain the brand’s president and CEO.
    “Manfredi and Roberto have brought a fresh point of view to our company, as well as deep knowledge of their brand’s unique audience,” Fain said. “Their skills – and Manfredi’s inimitable style – will continue to play an important role in growing Silversea into the future.”
    Said Lefebvre: “The combination of our companies has been everything I hoped for. The skills and resources of Royal Caribbean Group have helped us grow and flourish. We share a vision about the bright future of cruising, and I look forward to being a shareholder in the broader Royal Caribbean Group.”
    Added Martinoli: “Thanks to the incredible resources and skills of Royal Caribbean Group, Silversea will grow and thrive. Today marks another key step in our drive to uncontested leadership in ultra-luxury and expedition cruising.”
    The remaining one-third stake held by Heritage Cruise Holding Ltd. was paid for in the form of 5.2 million shares of Royal Caribbean Group common stock, which represents about 2.5% of the total common stock.
    Perella Weinberg Partners LP served as financial advisor and Skadden Arps, Slate, Meagher & Flom LLP served as legal advisor to the company regarding this transaction. Barclays Bank PLC served as financial advisor to Manfredi Lefebvre and Morgan, Lewis & Bockius LLP provided legal counsel.
  5. Like
    Jmccaffrey reacted to YOLO in Aida to resume cruises in August   
    Nice for Europe, but not yet for the Americas...
  6. Like
    Jmccaffrey got a reaction from ehw51 in Sovereign and Monarch coming back?   
    What RC could do is just take over the route of the old Pullmantur Cruises. The cruise line made money in 2019 and they have a market for it. RC  could just start a new  cruise line for Spain owning it 100% with the 3 ships and the one that they were going to tranfer in 2021
  7. Like
    Jmccaffrey got a reaction from coneyraven in Sovereign and Monarch coming back?   
    What RC could do is just take over the route of the old Pullmantur Cruises. The cruise line made money in 2019 and they have a market for it. RC  could just start a new  cruise line for Spain owning it 100% with the 3 ships and the one that they were going to tranfer in 2021
  8. Like
    Jmccaffrey got a reaction from Ogilthorpe in Sovereign and Monarch coming back?   
    What RC could do is just take over the route of the old Pullmantur Cruises. The cruise line made money in 2019 and they have a market for it. RC  could just start a new  cruise line for Spain owning it 100% with the 3 ships and the one that they were going to tranfer in 2021
  9. Like
    Jmccaffrey got a reaction from PhillyLady in New York, New Jersey and Connecticut - NEW 14 Day MANDATORY Quarantine !!   
    I agree but unlike FL. The Governor in NY has no problem enforcing this. the Port auth. controls the Major Airports and they will ensure people follow the  Quarantine
  10. Love
    Jmccaffrey reacted to princevaliantus in Oct 1st - Critical Date   
    If Florida would have followed New York's example, they would not be in the predicament they are in now. New York was the highest and now is the lowest state in numbers as WE New Yorker's listened and were directed by a great Governor who got us through the rough time. The Governor in New York wants the ports open again but that is not his call.
  11. Love
  12. Like
    Jmccaffrey reacted to Ray in New York, New Jersey and Connecticut - NEW 14 Day MANDATORY Quarantine !!   
    Just an idea but given all this infighting between various states in the US would it not be a good idea to follow the old Soviet Union and break up into smaller independent countries? 
    Imagine 50 separate countries where previously there was only the one! 
    Donald could build big walls dividing each country so there was no movement between them without going through check points and passport control. 
    It would certainly make the world serious live up to its name more 🤣 
  13. Haha
    Jmccaffrey reacted to Ray in New York, New Jersey and Connecticut - NEW 14 Day MANDATORY Quarantine !!   
    And i thought Brexit was a nightmare 🤣🤣🤣🤣
  14. Love
    Jmccaffrey reacted to alamode123 in New York, New Jersey and Connecticut - NEW 14 Day MANDATORY Quarantine !!   
    Also the NY governor is taking the whole pandemic seriously, unlike Florida.
  15. Like
    Jmccaffrey got a reaction from Ogilthorpe in Pullmantur cancels sailings through November   
    The only thing I can say about this is.... I hope due to the age of the ship is the reason the getting rid of them.... Maybe RC will give them newer ships so they can be a stronger company after this is all over.
  16. Like
    Jmccaffrey got a reaction from RWDW1204 in gratuities   
    As long as these go to the CREW.... I don't care what the price is.... They work their butts off and I am willing to pay
  17. Like
    Jmccaffrey got a reaction from ehw51 in gratuities   
    As long as these go to the CREW.... I don't care what the price is.... They work their butts off and I am willing to pay
  18. Like
    Jmccaffrey got a reaction from USCG Teacher in gratuities   
    As long as these go to the CREW.... I don't care what the price is.... They work their butts off and I am willing to pay
  19. Like
    Jmccaffrey reacted to twangster in Royal Crew protest erupts   
    Seems like some Royal crew are happy with the company's efforts.
     

     
  20. Like
    Jmccaffrey reacted to twangster in Royal Crew protest erupts   
    https://crew-center.com/crew-open-letter-united-nations-regarding-border-closures-and-cdc-restrictions
    There are approximately 80,000 cruise ship employees and 150,000 cargo ship employees. CALL TO ACTION:
    Firstly, we need the CDC and international port and health authorities to review its cruise line onboard restrictions, to consider how long they have been at sea with little to no exposure, and to loosen up on their requirements of the cruise lines. If they do not do this and they do not bring all cruise ships to at least a level 2, more lives will be lost as crew members lose their ability to cope with the isolation, loneliness, and depression until they can be repatriated. CDC is not treating each ship as an individual, nor recognizing the efforts of some ships that have not had cases and have submitted reasonable action plans for Covid-19.
    Secondly, and URGENTLY, we need an international ruling that mandates all countries to accept their own citizens back into their countries regardless of current border restrictions. The blatant refusal of a country to repatriate its own citizens is appalling, it is tearing apart families and causing severe mental health issues (that will eventually become their country and their health systems problem).
    Lastly, we need for CDC to lift some of the travel restrictions in place and to enable cruise lines to send crew homes on commercial flights via. The crew have been better isolated, better monitored with their multiple temperature checks per day, and they are living in much more sterile environments than anyone on land. The USA is already allowing commercial flights and international flights are resuming again. Yet, CDC is treating cruise line crew members like an entirely different species.
  21. Love
    Jmccaffrey reacted to Matt in Royal Crew protest erupts   
    I disagree that RC isn't trying or isn't communicating it.
    The issue is the main stream media rarely, if ever, reports on it. They are quick to post a "disgruntled" cook's FB post as evidence of a vast conspriracy against the crew, but when the CEO of the cruise line says they repatriated 10k and working on the 20k remaining, zero mention by the media.
    The result is the public (you/I) don't see the concerted effort going on. Nevermind the massive hurdles they face by insanely difficult government restrictions to get people home that has created a legal quagmire.
    Unfortunately we live in a word of headlines, with few bothering to read the article.
  22. Like
    Jmccaffrey reacted to SpeedNoodles in Royal Crew protest erupts   
    @Matt will have to decide his/her fate.  Since his posts aren't violating any of the rules for posting, it's up to us to consider every article with a critical eye.
  23. Love
    Jmccaffrey reacted to AshleyDillo in Royal Crew protest erupts   
    And not all crew members share the same sentiment.  I've been following Riley's YouTube.  He's from Alaska and has been stuck on Quantum.  They ended his contract during the shutdown and he isn't getting paid, but he's keeping a great attitude!  
  24. Thanks
    Jmccaffrey reacted to twangster in Tropical or Subtropical storm   
    To give you an idea what shipping interests do to avoid storms look at the tanker and cargo ships that are still sailing.
    Overlaying graphics from the NHC with MarineTraffic.com you can see a void of ships in the general area around the storm.

  25. Like
    Jmccaffrey reacted to bobroo in Tropical or Subtropical storm   
    Yes, Royal's embarrassing blunder of watching the Super Bowl instead of weather guidance nearly cost them a brand new Anthem of the Seas. They changed weather forecasting companies and hired James Van Fleet to offer a public face to weather issues.
    James Van Fleet's honesty and right down to the facts style is comforting to every cruiser no matter the weather circumstances.
    I vote he takes over as Chairman and CEO when Richard Fain steps down.`
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