Viking Line Group & Cargo ... Half-year Financial Report, January 1 â June 30, 2016. Thatâs 73 river cruise ships and 24 ocean ships, parked up, idle for two months. More cancellations are expected. Norge Norsk. A free inside look at company reviews and salaries posted anonymously by employees. Whereas you might nab a competitorâs Caribbean cruise for $399 a head, Vikingâs cruises start at $1,899 (for seven nights) and often sell out a year in advance. Viking has canceled all of its river and ocean cruises through the end of the year due to ongoing uncertainty over the Covid-19 pandemic. Recent recommendations regarding this business are as follows: "Buyer beware, they ⦠Viking Cruises offers both river cruises and ocean cruises through two product lines. Viking Line Abp, org.nr. Carnival is an oddity. Viking Cruises valuation is $3.4 b, and annual revenue was $1.60 b in Y 2018. Cutro said the company is compensating them for ⦠Viking Line Buss Svenska. Meanwhile, one of the largest European operators, Viking River Cruises, has been having a bumpy ride financially.A planned funding deal this past spring to cover expenses has ⦠The timing of a resumption of cruises is the big wildcard right now in analyzing the industryâs financial outlook, Curtis suggested. The Viking Sun voyage was supposed to set a record for the longest continuous passenger cruise trip ever. Resilience. Shares of the worldâs largest cruise companies â Carnival Corp., Royal Caribbean International and Norwegian Cruise Lines â dropped as much as ⦠The London listing of the Miami-based cruise line operator is a legacy of its 2003 hostile takeover of P&O Princess Cruises, which it won on a pledge to be dual-listed. Stock Exchange releases, Financial reports and Shares. But the lines have been canceling voyages in waves, about a month at a time. Determine whether Viking River Cruises grew or shrank during the last recession. Find detailed reviews of all Viking cruise ships and destinations. Viking Cruises Overview. A global corporation headquartered in the United States with main operational headquarters in Basel, Switzerland, the company was established in 1997 by a Scandinavian and Dutch consortium led by Torstein Hagen. Danmark Dansk. They don't publish their quarterly results. A few lines, such as Viking, have canceled trips through the end of June. Compare how recession-proof Viking River Cruises is relative to the industry overall. The overall rating of the company is 3.5 and consumers are mostly neutral.. The popular German river cruise companyPeter Deilmann Cruises will shut down its river cruise operation by year end due to money trouble. [UPDATE 7/10: Its ocean cruises will continue to operate.] Viking Cruises was first mentioned on PissedConsumer on Oct 07, 2010 and since then this brand received 160 reviews.. Viking Cruises ranks 5 of 159 in Cruises and Ships category. 0144983-8, Box 166, AX-22101 Mariehamn, Åland, Finland Viking River Cruises is one of the first river cruise lines to help set the river cruising standard. Award-winning Viking Longships®. I too was on the Viking River Cruise on the Danube River and was equally disappointed in the Viking's apparent norm for handling interrupted cruises. Viking River Cruises has defrauded me of over $13,000.00. Interim Report, January 1 â March 31, 2016. Viking Cruises is facing a class-action lawsuit from passengers after a harrowing evacuation in high seas in March. The $2-trillion aid package signed into law in March limits financial assistance to U.S.-incorporated companies, so cruise lines were left to fend for themselves. Viking Cruises announced today an additional investment by its existing minority shareholders, TPG Capital and Canada Pension Plan Investment Board (CPP Investments), in Viking ⦠Company profile page for Viking River Cruises Inc including stock price, company news, press releases, executives, board members, and contact information Recalling challenges like the stock market crash of ⦠Passengers are reportedly getting restless. Viking Cruises Private Offering of $950 Million February 27, 2018 Viking Cruises has raised $975 million through a private placement of $675 million in 5.000 percent senior secured notes due 2028 and an additional 275 million at 5.875 percent due in 2027. Its river cruises operate in over 30 countries largely in Continental Europe. Viking is a privately held company so it is improbable that any information concerning their financial status would be available to outsiders. View Viking Cruises stock / share price, financials, funding rounds, investors and more at Craft. This is a file photo showing Royal Caribbean Cruises Ltd.'s Quantum-class cruise ship, the Anthem of the Sea, as it sits moored at the Cape Liberty Cruise Port in ⦠The Viking Star cruise ship operated by Viking Ocean Cruises is stuck in port in Tallinn, Estonia.. A person contacted us and wishes to keep her name anonymous. Our final payment is due June 30, 2019 (9 months in advance of travel). Viking also sails expedition ships to remote areas of the world such as the Arctic and Antarctic. In this Viking Cruises trip insurance review, we detail Vikingâs Travel Protection Plan coverage and cost versus comprehensive trip insurance options available on the wider market. Annual Report 2015 (pdf) About 85% of its total river and ocean customers are sourced from North America. TPG Capital and Canada Pension Plan Investment Board own a minority interest (about 23% on a combined basis) in Viking Holdings Ltd, parent company of Viking Cruises. F irst Viking suspended its entire cruise operations, then Princess Cruises. My wife and I paid $10,096 for a cruise and tour on the Viking Idi for April. This is useful in estimating the financial strength and credit risk of the company. Covid 19 Caused Viking to cancel this cruise. Viking River Cruises start off at around $1,800 and are great for people who want a large selection of destinations to choose from. There are 9 companies in the Viking River Cruises, Inc. corporate family. 2015. 9 MAR 2016. Viking River Cruises, Inc. has 6,000 total employees across all of its locations and generates $47.19 million in sales (USD). I list the names, numbers, and e-mail addresses of all the Viking Cruises executives on my consumer advocacy site, Elliott.org. Viking River Cruises, Inc. is located in Woodland Hills, CA, United States and is part of the Travel Agencies & Services Industry. It reportedly has been in financial trouble for at least several months. Viking Cruises has raised $500 m in total funding. Only one Viking passenger, a British woman on a river cruise in Cambodia, has contracted the virus. Journey with the world's #1 river cruise line. Viking Cruise Reviews: See what 7,058 cruisers had to say about their Viking cruise. Company you have a question or comment about: Viking Cruises My husband & I have booked Imperial Jewels of China with Viking for March 26, 2020. He touched on everything from extending the company's suspension of service, to how it's treating the crew, its financial backing, the new Mississippi vessel and an antidote to the seemingly unending stream of bad news.. We purposely booked a river cruise to avoid possible health issues contributed to long hours and poor fast food on bus tours. 277 Viking Cruises reviews. Viking Cruises cancelled all operations until May on Wednesday due to the coronavirus. 18 MAY 2016. There are also no guarantees that the alternative cruise line you select will not develop financial ⦠Jalesh Cruises India is the first Asian cruise shipping company to permanently shut down during the pandemic. I canât make Viking refund your ⦠We booked a cruise from Amsterdam to Belgium for the Spring of 2020 to see the tulips in bloom. Owned & operated fleet, with the best docking locations in Europe. Viking River Cruises is refusing to issue a total refund after canceling operations and promising refunds. The cruise ship lost power in an engine three days ago. This week, Jalesh had appealed to Indian authorities for help providing for the crew members that remained onboard MS Karnika. 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