Key Takeaways Viking posted Q4 EPS of 67 cents, beating estimates and improving year over year.Q4 revenues of $1.72 billion outpaced the Zacks Consensus Estimate and improved 27.8% year over year.Adjusted gross margin grew 27.3% from the year-ago quarter; vessel operating expenses grew 15% year over year.Viking Holdings (VIK)  reported better-than-expected fourth-quarter 2025 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and improved on a year-over-year basis.Quarterly e ...

Viking (NYSE:VIK) Q4 2025 Earnings call March 03, 2026 08:00 AM ET Speaker10Good morning. My name is Paul, and I will be your conference operator today. At this time, I would like to welcome everyone to Viking's fourth quarter 2025 earnings conference call. As a reminder, this call is being recorded. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. If you would like to ask a question at that time, please press star ...

为了让旅客更深切感受中国年味，吴淞口国际邮轮港特别策划传统文化"微展演"。罗泾十字挑花、俞氏 百宝镶嵌制作技艺两大传统文化项目亮相，引得各国旅客驻足观赏体验。 面对瞬时客流量大、通关要求高的实际情况，浦江边检站主动对接、提前谋划，量身定制"一船一策"专 项保障机制，依托大数据分析动态调配警力，在筑牢口岸安全防线的基础上，全力提升通关效率。 马年新春首艘国际访问港邮轮到访上海 中新网上海2月25日电 (陈静 卢姣)25日，"威斯特丹"号邮轮靠泊上海吴淞口国际邮轮港，成为马年新春 到访上海的首艘国际访问港邮轮。 据悉，该轮从韩国釜山抵沪，搭载来自美国、澳大利亚等40余个国家的1900余名旅客，计划2月26日前 往中国香港。据统计，本次入境旅客中超95%为外籍人员，其中近九成享受外国旅游团乘坐邮轮入境免 签、单方面免签及240小时过境免签等便利政策。 据了解，受益于2月17日中方对加拿大、英国实施的单方面免签新政，现场涌现不少两国旅客身影，免 签新政让他们无需办理签证即可轻松开启中国新春之旅。多重免签政策叠加落地，为国际旅客打通出 行"快车道"，大幅降低跨境旅行成本。"说走就走"成为现实，多位外籍旅客不约而同地表示 ...

Core Insights - The Tianjin cruise tourism market has shown significant growth during the 2026 Spring Festival holiday, with a total of 4 cruise ships and nearly 9,000 passengers processed at the Tianjin cruise port [1][3]. Group 1: Passenger Demographics - Family travel constitutes the majority of cruise passengers, accounting for over 80% of the total, with more than one-third of travelers aged 60 and above and over a quarter aged 16 and below [3]. - There has been an increase in travelers from regions beyond Beijing-Tianjin-Hebei, including Shanxi, Liaoning, and Inner Mongolia [3]. Group 2: Operational Efficiency - To manage the peak travel flow during the Spring Festival, the Tianjin border inspection station implemented measures such as opening additional inspection channels and optimizing customs processes to ensure efficient passenger flow [5]. - Since the beginning of 2026, the Tianjin cruise port has processed a total of 20 cruise ships and over 33,000 passengers [5]. Group 3: Future Developments - The luxury cruise "Regatta" is scheduled to arrive in Tianjin on March 3, carrying nearly 600 foreign passengers from 24 countries, marking a continued interest in international cruise tourism [5]. - The border inspection station plans to enhance entry efficiency by implementing policies such as visa exemptions for foreign tourist groups and 240-hour transit visa exemptions [7].

Core Viewpoint - Carnival Corporation will resume quarterly dividends of $0.15 per share on February 27, 2026, marking the first dividend since March 2020, which may have a short-term impact on stock prices [1] - The company plans to expand its Baltimore operations by adding a second cruise ship for the 2027-2028 season, reflecting a long-term strategic expansion [1] Stock Performance - Over the past week, Carnival Corporation's stock has shown significant volatility, with an 8.08% increase to $33.99 on February 6, followed by a 3.46% decline to $32.66 on February 9, and a rebound of 1.65% to $33.20 on February 10 [2] - As of February 13, the stock price was $32.00, down 1.39% from the previous day, with a cumulative decline of 5.42% over five days and a year-to-date increase of 5.26% [2] - The current price-to-earnings ratio (TTM) is 15.84, and the dividend yield is 0.47% [2] Financial Report Analysis - Although no new financial reports were released in the past week, the Q4 financial results announced on December 21, 2025, support the stock price, showing a 60% year-over-year increase in adjusted net profit to $3.1 billion [3] - The net debt/EBITDA ratio has decreased to 3.4 times, and the resumption of dividends since 2020 highlights the industry's recovery trend [3] Institutional Viewpoints - Truist Securities maintained a "Hold" rating for Carnival Corporation on January 22, 2026, with a target price of $34, and forecasts an adjusted earnings per share of $0.17 for Q1 2026 [4]

近日，《上海市加快国际 航运中心建设"十五五"规划（公示稿）》公开征求意见。其中提到，推进融 通共链，构建新型航运产业体系。建设绿色燃料加注中心和交易中心，加快建设内外并重、多元并举、 成本可控的航运绿色燃料供应体系，探索建设航运绿色燃料现货交易市场，积极参与我国自主的国际航 运可持续燃料认证体系建设。推动船舶装备低碳化、智能化转型，提升船海修造业智能化水平。推动 港口装备制造业发展，拓展" 一带一路"等多元化市场，加强国际标准规则输出。打造高水平邮轮运营 中心，培育具有市场竞争力的本土邮轮运营企业。建设亚太邮轮旅游枢纽港，鼓励设置层次丰富、特色 鲜明的邮轮航线体系。 ...

Group 1 - The "Dream" cruise ship, registered in Liberia, has commenced its international route from Tianjin to Jeju and Incheon, marking the start of the 2026 "Spring Festival at Sea" in Tianjin [1] - The popularity of cruise tourism is increasing, with many families choosing to experience the unique atmosphere of the Spring Festival at sea [3] - Among the outbound cruise passengers, nearly 70% are traveling as families, over one-third of the total passengers are seniors aged 60 and above, and nearly 20% are teenagers aged 16 and below [3]

Group 1 - The "Dream" cruise ship from Liberia has officially launched the 2026 Tianjin "Sea Spring Festival" with approximately 1,000 passengers on board, marking the beginning of the international cruise season [1][3] - During the Spring Festival period, it is expected that around 20 international cruise ships will enter and exit Tianjin port, with a total of over 30,000 passengers [3] - The Tianjin Border Inspection Station has optimized inspection processes and increased personnel to ensure efficient and safe passage for travelers, particularly focusing on the higher proportion of elderly and children among passengers [3][5] Group 2 - The cruise tourism market has been growing due to policies such as the 240-hour visa-free transit and visa exemptions for foreign tourist groups traveling by cruise, making "cruising for the Spring Festival" a new trend for many families [5] - The Tianjin Border Inspection Station aims to enhance the efficiency of entry and exit inspections to improve the travel experience and support the high-quality development of Tianjin's international cruise economy [5]

关联内容春节倒计时30天！文旅市场抢跑，出行预订启动 1月30日，中国驻日本大使馆再次提醒中国公民近期避免前往日本。无疑，中国游客赴日旅游还将继续受到影响。 专业航空数据网站AeroRoutes数据显示，2026年2和3月份中日航线整体减班数已破六成，2月份中国航司飞日本的单向航班量已从4508班减少 至1783班,降幅达60.5%,3月份更是减少幅度达63.4%。因为中国航司的减班幅度，导致大阪关西机场中日航班量骤减73%。 这种状况有可能会逆转日本疫情后霸榜中国出境游第一目的地的地位。据悉，2025年赴日旅游的中国游客超过909万人次，为各国之首，而且 去年中国游客在日本消费接近2万亿日元(约合920亿元人民币)。 而AeroRoutes的数据披露,中国航司赴日航班座位数从860947座减至370146座,降幅达57%,而3月份的航班座位数从828427座减至329474座,降幅 高达60.2%。 "我父母看了新闻觉得不太安全，不允许我去日本旅游。我也觉得现在这个环境，包括总是取消的航线，让赴日不确定性太大，万一从日本回 来的机票取消了也比较麻烦。"大学生花花说道。 受地缘政治影响，赴日游客数量明显下降。 ...

Core Insights - The simultaneous arrival of two international cruise ships carrying over 2,400 passengers at Sihanoukville port highlights the city's appeal as a global maritime tourism destination and revitalizes Cambodia's tourism sector [1] Group 1: Tourism Development - The two cruise ships, flying the Bahamian flag, arrived in Sihanoukville on the morning of the 27th, with their next destination being Thailand [1] - The local tourism industry anticipates a robust growth in cruise tourism in Cambodia by 2026, with a significant increase in inbound tourist numbers [1] - Since the beginning of the month, multiple international cruise ships have visited Sihanoukville, allowing tourists from various countries to experience Cambodia's natural beauty, cultural heritage, and unique Khmer cuisine [1] Group 2: Economic Impact - Tourism is a crucial pillar of Cambodia's economy, with local media citing a report from the National Bank of Cambodia projecting that the country will receive 5.6 million international tourists in 2025, generating $3.7 billion in tourism revenue, reflecting a 3% year-on-year growth [1]