🔥 Viking Cruises founder on tailoring experiences for growth | McKinsey

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Cruise line floats bond offering in bid to survive coronavirus pandemic. The Viking Sun, operated by Viking Cruises, passing.


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Viking has said that its ships won't sail until July as it extends the line's fleet-wide suspension due to the coronavirus.


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There are special cruises from Helsinki to Mariehamn available during 1 July–7 August on Mondays, Wednesdays and Fridays instead on Gabriella. Cruise​.


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Viking Cruises late yesterday completed an issue of senior PIK toggle notes via Wells Fargo, Credit Suisse, and Bank of America, according to sources. Pricing.


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Princess and Viking Cruises Temporarily Suspend Sailings Amid Coronavirus Pandemic. Both cruise lines are offering generous cruise credits if.


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Princess Cruises is suspending global ship operations following 2 coronavirus-​related quarantines where hundreds of passengers were.


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On March 11, , Viking was the first cruise line to temporarily suspend operations of our river and ocean cruises. Our commitment to our family of guests and.


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The COVID pandemic has dealt a devastating blow to the cruise industry. With media coverage of ports turning away ships and sickness spreading on-board.


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The decision comes after a guest was exposed to coronavirus before embarking on a Southeast Asia river cruise with Viking, Chairman Torstein.


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Carnival Cruises and Viking Cruises have suspended operations as the COVID-​19 coronavirus pandemic spreads and more governments.


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The infinity pool resistance swimming pool on each ocean ship was a "first at sea" facility,. The second longship's itineraries are on Danube. The newbuilds were launched in and christened together on March For are planned the launches and inaugurations of 6 more Longship-Class vessels. All Viking Ocean ships offer destination-rich itineraries marked by "small ship cruise" tour and onboard experiences. China Merchants Group's shipbuilding subsidiaries will design and construct the new ocean liners for the new company. By the year , the company's ship ocean fleet will have a combined capacity of 16, berths, ranking Viking Ocean world's largest cruise company with ship capacity under passengers. However, the process is slowed due to issues regarding the so-called "Jones Act" Merchant Marine Act from It imposes restrictions on where USA-based ships can navigate and how to be staffed. All bookings made by April 30, , received Risk-Free Guarantee that allows penalty-free cruise cancellation up to 24 hours prior departure. Viking's Ukrainian and Russian ships were laid up, but their staff remained on the payroll. Just like on all Viking riverboats, Viking Ocean deals are inclusive of popular amenities, such as Wi-Fi Internet, alcohol beer and wine at lunch and dinner , shore excursions at least one in every port of call along the itinerary , spa usage thermal pool, sauna, hot tub, Snow Grotto room snow falling from its ceiling , Gym fitness center , library with books reflecting the cruise itineraries , hour room service; absolutely all meals at any of the onboard restaurants; beverages cappuccinos, espresso drinks , self-service laundry; in-room movies on demand, lectures, airport to cruise port transfers. Worldwide, Viking Cruises hires over 2, staff and crew. They are environmentally friendly, with a patented interior design creating 2-room suites, numerous French Balcony staterooms, full-size rooms, and verandas. Each ship has all 8 Mandarin-speaking tour guides assigned to passenger groups. By , the newbuilds by Fincantieri Italy will expand the fleet to 10 liners. Viking named two more ships in Oporto Portugal on March On March 22, , Amsterdam Holland witnessed the naming ceremony of 12 new longships. In October , Viking River Cruises announced a shipbuilding order for 7 new riverboats. In , Viking River Cruises fleet expanded to 64 vessels, 40 of which patent-design longships capacity passengers, introduced in During the christening, 8 longships were in Amsterdam. Viking River Cruises provide travellers with top-quality cruise tours via world's newest and most innovative fleet of newbuild riverboats with patented "longship" design. Company's turnover gross revenue from both river and ocean shipping operations for was about USD 2 billion. The cancellations and rebooking promos affected both Viking Cruises-owned subsidiary companies and travel brands - "Viking Ocean Cruises" and "Viking River Cruises". This ensures prime docking locations, easy passenger access and ability to walk into town directly. Koln-Dusseldorfer was acquired by Viking in In the period , the company spent over USD million on promotions. The FCC is valid for 24 months after cancellation , for any Viking cruise itinerary river-ocean-expedition and fully transferable. All excursion programs ashore are organized by Viking River Cruises. The Rhine cruise program includes a shipboard overnight in Amsterdam and 3 days 2 shipboard overnights in Basel with Lake Lucerne tour. Environmental impact is further reduced through the ship's membrane water treatment plant. It is fitted with benches and has dark stone walls illuminated by blue light. In the mids, company's founder, Torstein Hagen enjoyed a river cruise in Russia and was so excited that decided to create his own river cruising company. In , Viking's European river cruise sales became a bit slower than expected. The new company-exclusive online TV channel provides enrichment content and real-time video streaming from worldwide locations. Nowadays, Viking manages the world's largest fleet of river cruise vessels, ever. Must be noted, that the launched Viking Grace passenger cruiseferry operated by Viking Line was the first-ever passenger ship with a Snow Room. The funding helped the company's growth, particularly on the ocean cruising market, and also strengthened its balance sheet as it branched into China since MV Viking Star became world's ever-first ocean ship with a "snow room". The other 4 longships were named via live video link with the shipbuilding shipyard in Neptun Werft Rostock, Germany. Two of the longships Astrild and Beyla are specifically designed for Elbe River. The snow on the floor is kept at sub-freezing temperatures. Viking Ocean ships' Snow Grotto is a wellness retreat with powdery snow falling down from the ceiling. Company's plan to enter the US river cruising market was officially announced in In October was announced as a potential start-up with Mississippi-based boats the year By , Viking plans to increase river's annual passenger shipping capacity to over , compared to 's 50, by deploying six Viking riverboats. Next are listed all Viking ocean ships and their berthing locations during the no-cruising period. The slower growth was partially related to the reduced demand for cruises in Russia. The experience touted beneficial to the body's blood circulation includes heating in a sauna steam bath , then walking into this small room. KD Line is an founded, Cologne -based company with a fleet of 14 cruise vessels including "event ships" and a paddle steamer deployed in Germany, on the rivers Moselle, Rhine and Main. On August 31, , Viking Sun started its day Around The World voyage spanning 6 continents, 51 countries, call ports. The new channel also livestream sessions with various guests experts, scientists, celebrities and allows real-time interaction by submitting comments and questions. Viking ships are nonsmoking interior with a dedicated smoking area on Sundeck. In , the parent company also created the brand "Viking Expeditions" with a newbuild fleet of two small-sized expedition vessels - Viking Octantis and Viking Polaris , plus an option for 2 more same-designed units.{/INSERTKEYS}{/PARAGRAPH} And it all started in the not so distant with the establishment of the modest Viking River brand founded by a consortium of Scandinavian and Dutch investors, with only 4 second-hand riverboats bought in Russia. All Viking Cruises Longships are named after Norse mythology gods and entities. Optional exclusive deals include private jet travel to any airport in Europe for 1 day at the price of USD 30, pp. All shipboard employees fleetwide remained on the docked vessels. {PARAGRAPH}{INSERTKEYS}Operations are planned to resume on September 1. The KD purchase included an extremely valuable asset - the landing stages, and now Viking Cruises owns docks in more cities in Europe than it stops in. Replacing the biodegradable oils, the water is being directly discharged into the sea. On May 17, , the company announced the launch of its "Viking Ocean" division. In March , Viking Ocean Cruises confirmed the order of three more ocean vessels, which was increased to four in December. This Arctic-themed facility is part of the ship's thermal suite within the spa complex. Snow Grotto access is complimentary to all passengers. The first boat Viking Mississippi starts operations in August Bookings opened in - on March 31 past customers and on April 15 general public. Beer, soft drinks and wine by the glass are included with lunches and dinners. On both riverboats, all the hotel staff is Mandarin-speaking, all the signage is in Mandarin from menus to toiletries. Among the vessels' innovative marine technologies are energy-saving hybrid engines, top-deck solar panels, pollution-minimizing exhaust system. The company dedicated two longships, on which the primary onboard language is Mandarin. They additionally include hotel stays in a variety of cities, mainly in Shanghai and Beijing. Viking River Cruises deals include staterooms, onboard dining, most cultural activities, most shore excursions. He started in by purchasing four Russian vessels. On March 20, , the newly renamed company "Viking Cruises" launched 10 ships at one time, thus entering Guinness Book of World Records. In Viking Prestige was launched - the next Viking new vessel with the "green" features of Viking Legend. Most voyages are cruisetours and include both river cruising, land tours, and hotel stays. We have listed all Viking ships as schedules itinerary calendars with prices and current position tracking maps. The first longship's itineraries starting November 10 are on Rhine River, between homeports Amsterdam and Basel. Cruise fares start from around USD 4, pp. The London City roundtrip itinerary was officially listed as world's "longest continuous passenger cruise" in the Guinness Book of World Records. At additional cost are only spa massages, beauty salon services; specialty beer, premium alcohol wine and spirits , and some shore excursions. The summer program's cancellation was mainly due to ongoing travel restrictions in Europe. Beginning on March 17, , Viking christened 16 new boats over a hour period, again setting an industry record. Since the focus is on the port cities and river cruising, activities onboard are geared towards enrichment lectures. In , the newly-launched Viking Legend became company's first riverboat fitted with hybrid diesel-electric engines. As a result of newbuilds and acquisitions, in the company had a river fleet of 52 vessels with a total of berths. This was the reason for modifying the parent company's name to "Viking Cruises". Thess ships also use seawater as a lubricant for their propeller shaft bearings. In were introduced the "Viking Longship" class of vessels. This technology lowers the vessel's maintenance costs and also the risk of sea pollution. TV targets primarily non-cruising people those staying home rather than travellers. As of , Viking Cruises fully owns and operates a fleet of 6 ocean liners plus 72 riverboats, almost all of which are of the patented Longship-Class. In Fall , Viking became the first European river cruise company offering itineraries on dedicated to Chinese travellers riverboats. The engine rooms are noise-insulated and this reduces noise and vibration. In May , Viking celebrated its 20th anniversary. The onboard cuisine is traditional Chinese dishes prepared by Szechuan and Cantonese chefs plus European dishes by Michelin-star chefs. This relaxation area has 1 hot tub, sauna room, heated ceramic loungers, therapeutic showers, salt-water thermal pool. Compared to similar-class vessels operated by other companies, Viking Ocean itineraries feature fewer sea days, longer port stays and many overnight ports of call.