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Daily regional news summary from Cuba!: The source for the latest news throughout Cuba and Caribbean.

Life Fitness and Smart Fit celebrate partnership to equip 450 gyms in three years

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With a strong expansion pace, Smart Fit network reaffirms its partnership with Life Fitness in a new project for gyms in Brazil and Latin America

SAO PAULO, May 20, 2019 /PRNewswire-HISPANIC PR WIRE/ – Life Fitness will equip 450 Smart Fit gyms by the end of 2021 in the region. With more than 600 units distributed in Brazil, Mexico, Chile, Dominican Republic, Peru, Colombia, Argentina and Ecuador, Smart Fit grew 34% last year, reaching 2 million customers.

Life Fitness - Smart Fit Image 1

For the next three years, the company’s goal is to continue to grow in the region. Among the plans is the purchase of equipment for 600 units, between new facilities and refresh. “In order to continue to grow strongly, we needed a solid and robust company to be our partner in almost every unit of this Latam expansion. With Life Fitness, we have achieved the reliability to go through this process and fulfill our purpose of fitness’ democratization on high standards,” says Thiago Somera, Infrastructure director of the Bio Ritmo Group, of which the Smart Fit network is part.

“Smart Fit is one of our most important customers worldwide and I am sure that both sides will continue to put our best efforts to make this agreement an enduring and evolving partnership,” said Joel Pigott, vice president of Life Fitness for North and Latin America.

Considered as key accounts, the major fitness networks, such as Smart Fit, has a relevant representation on Life Fitness’ revenue. “It is a milestone in our partnership and we are delighted to be part of Bio Ritmo/Smart Fit group expansion, with great impact in the fitness industry in the entire Latin America,” says Pedro Goyn, general director of Life Fitness for Latin America.

About Life Fitness
A world leader in commercial fitness equipment, Life Fitness has for more than 50 years the mission of encouraging people to seek active lives. With its global headquarters in Chicago, Life Fitness manufactures and distributes cardiovascular, strength, group training, rehabilitation, billiard tables and accessories, and gaming furniture in more than 160 countries – in Brazil, it has a subsidiary since 1999 and already has stores in almost the entire country. Since 1968, when Lifecycle, the first electronic product of exercise equipment was invented, Life Fitness is dedicated to creating solutions that benefit both gyms and practitioners. Over the last few decades, concerns and innovations in the world of physical activity have completely changed, and Life Fitness has evolved together. Our family, made up of the brands Hammer Strength, Cybex, Indoor Cycling Group (ICG), SCIFIT and Brunswick Billiards, understands that exercise is an important part of daily routine and the best way to know everything we can about our products and solutions Fitness is utilizing them every day. Helping people live healthier lives is what we do, and devotion to that goal begins with our co-workers. www.lifefitness.com.br

About Smart Fit
With 2 million customers in 10 years of activities, the Smart Fit Fitness Network has 600 units distributed throughout Brazil and Mexico, Chile, Dominican Republic, Peru, Colombia, Argentina and Ecuador. Created with the purpose of democratizing access to the practice of high-level physical activity, it offers accessible plans, with monthly fees starting at R$ 69.90, and facilitated membership. The brand is part of the Bio Ritmo Group, the 4th largest network in units in the last five years and the 5th in the ranking of the brands that most evolved in the same period, according to IHRSA’s 2017 global report. More information at www.smartfit.com.br

Life Fitness - Smart Fit Image 2
Life Fitness - Smart Fit Image 3
Life Fitness

Photo – https://mma.prnewswire.com/media/889509/Smart_Fit_Image_1.jpg
Photo – https://mma.prnewswire.com/media/889511/Smart_Fit_Image_2.jpg
Photo – https://mma.prnewswire.com/media/889510/Smart_Fit_Image_3.jpg
Logo – https://mma.prnewswire.com/media/681824/LF_Logo.jpg

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T&T’s “HERO” LANDS IN NEW YORK

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The Extraordinary Life and Times of Trinidad’s Ulric Cross Opens

The New York African Film Festival at Film at Lincoln Center

For Immediate Release:

CaribPR Wire, New York, NY, Mon. May 20, 2019: Director Frances-Anne Solomon’s acclaimed feature film HERO inspired by Trinidad and Tobago war hero Ulric Cross will have its U.S premiere at the 26th New York African Film Festival’s (NYAFF) Opening Night at the prestigious Film at Lincoln Center. It takes place on Thursday, May 30 at 6:30pm at the Walter Reade Theater, 165West 65th Street, NY.

“We are honored to be opening this important festival,” says Solomon. “This is a story that resonates with audiences around the world. From his career in the Air Force, to his time as a lawyer and judge working behind the scenes in the independence movements of Ghana, Cameroon and Tanzania, Ulric’s life blazed a trail that inspires us all.”

HERO headlines NYAFF’s recognition of the 100th anniversary of the first Pan-African Congress with a showcase of films about Pan-Africanism and global game changers. Cross left Trinidad in 1941 to become the RAF’s ’s most decorated West Indian navigator. But his life took a different course when, along with a number of other notable West Indians, he followed the call of history and joined the Pan-African and independence movements sweeping the world in the ’50s and ’60s.

“As we celebrate 50 years of FESPACO, which paralleled the independence movements of Africa, we have to remember that achieving our liberation was integrally tied to the diaspora. In HERO we get a slice of how our diasporan counterparts advocated for the liberation of the Continent,” said Mahen Bonetti, African Film Festival, Inc., Executive Director and NYAFF Founder. “I want to thank Frances-Anne for shedding light on such a pivotal moment in our history.”

Since the HERO World tour began in February, the film has received rave reviews from audiences and critics alike in Toronto, Trinidad and the UK:

HERO is an electrifying, dramatic motion picture, filled with twists and turns that will thrill audiences across the globe.” – Stephen Weir, Caribbean Camera

“Filmmaker Frances-Anne Solomon …deserves lavish praise for showcasing an historical legend, and for helping to change the negative stereotypical portrayal of people of African descent on the screen.”

HERO boasts an all-star international cast that includes Trinidad and Tobago’s Nicolai Salcedo, in the lead role of Ulric Cross, alongside UK stars Joseph Marcell (Fresh Prince of Bel Air), Fraser James (Resident Evil), Pippa Nixon (John Carter), Canada’s Peter Williams (Stargate SG1), and Ghanaian superstars John Dumelo, Adjetey Anang and Prince David Oseia.

A second screening will take place on June 2nd at 4:15pm at the Elinor Bunin Munroe Film Center, 144 West 65th Street.  Both screenings will include a Q&A afterward with the director.

The New York African Film Festival is co-presented by Film at Lincoln Center and African Film Festival, Inc., and runs May 30 to June 4; more information at filmlinc.org.

For media inquiries and interviews with Frances-Anne Solomon contact:

Fennella Bruce |647.290.76.10 | fennella@fkbmedia.com

BUY MAY 30TH TICKETS HERE

BUY JUNE 2nd TICKETS HERE

Watch HERO trailer here

Social media:

Facebook: @Hero4Alltime

Instagram: @Hero_Film

Twitter: @Hero_Film

Visit the HERO Website

About Film at Lincoln Center

Film at Lincoln Center is dedicated to supporting the arts and elevating the craft of cinema and enriching film culture.

Film at Lincoln Center fulfills its mission through the programming of festivals, series, retrospectives, and new releases; the publication of Film Comment; the presentation of podcasts, talks, and special events; the creation and implementation of Artist Initiatives; and our Film in Education curriculum and screenings. Since its founding in 1969, this nonprofit organization has brought the celebration of American and international film to the world-renowned arts complex Lincoln Center, making the discussion and appreciation of cinema accessible to a broad audience, and ensuring that it remains an essential art form for years to come.

Film at Lincoln Center receives generous, year-round support from The New York Times, Shutterstock, the National Endowment for the Arts, and the New York State Council on the Arts with the support of Governor Andrew M. Cuomo and the New York State Legislature. American Airlines is the Official Airline of Film at Lincoln Center. For more information, visit www.filmlinc.org and follow @filmlinc on Twitter and Instagram.

About African Film Festival, Inc.

For 29 years, African Film Festival, Inc. (AFF) has bridged the divide between post-colonial Africa and the American public through the powerful medium of film and video. AFF’s unique place in the international arts community is distinguished not only by leadership in festival management but also by a comprehensive approach to the advocacy of African film and culture. AFF established the New York African Film Festival (NYAFF) in 1993 with Film at Lincoln Center. The New York African Film Festival is presented annually by the African Film Festival, Inc. and Film at Lincoln Center, in association with the Brooklyn Academy of Music. AFF also produces a series of local, national and international programs throughout the year. More information about AFF can be found on the Web at www.africanfilmny.org.

About Frances-Anne Solomon

Frances-Anne Solomon is an award-winning filmmaker, producer, curator and entrepreneur in film, TV, Radio and new media. Following a successful career as a TV Drama Producer and Executive Producer with the BBC in England, she launched the CaribbeanTales Media Group in Canada and Barbados, that now includes production/distribution, and training worldwide. Full bio can be found at www.francesannesolomon.com

About CaribbeanTales Media Group

CaribbeanTales (CTMG) is a group of media companies that produces, markets, and exhibits Caribbean-themed films for Regional and international distribution, including CaribbeanTales Worldwide Distribution, CaribbeanTales Inc – a registered Charity in Canada. Activities include The CaribbeanTales International Film Festival, now in its 14th year; the renowned CaribbeanTales Incubator (CTI) a year-round development and production hub for Caribbean and Caribbean Diaspora Producers; Caribbeantales-TV a VOD streaming service for Caribbean films; and CaribbeanTalesFlix, their production arm. More info at www.caribbeantales.org

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A Benefit For Music And Education In The UVI Is Set For St. John

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Hyenah

CaribPR Wire, NEW YORK, NY, Mon. May 6, 2019: Less than two years after Hurricanes Irma and Maria slammed into the U.S. Virgin Islands, a technology, media and entertainment company that calls the islands home, is focused on helping the music students at the University of The Virgin Islands who were directly impacted by the disaster.

Intellectual Global Concepts, (IGC), has teamed up with The Coral Bay Caribbean Oasis, The RTPark, The University of The Virgin Islands, (UVI) and Grammy-Award winning Jazz Drummer, Dion Parson to present the first “Music Is Life” benefit.

The free event, with Eventbrite RSVP required for entry, is set to get underway at 5 p.m. on May 18th and run through 12:30 a.m. on May 19th at the St. John Bayfront at The Coral Bay Caribbean Oasis, 10-41 Estate Carolina in Coral Bay, St. John.

This event has a limited number of attendees and will be held in an enclosed area, so music fans must register for entry only on Eventbrite or donate US $10-50 for a variety of donation packages, including T-shirts and free drinks at the venue.

All event proceeds and sponsor donations will go to UVI for hurricane relief, music education and recruiting students for performance ensembles through the music program at the UVI campuses. Since 2017 the UVI’s music program has been led by Grammy Award-winning NYC renowned drummer and USVI native, Dion Parson.

“The UVI Music Program offers an amazing opportunity for students attending the University of the Virgin Islands to earn the honor to teach within the K-12 arena, providing local jobs, furthering the music culture in the USVI and continuing to bolster the local communities,” said IGC executives. “We are proud to be able to support this program through scholarship funding for additional university expenses such as fees, housing and books and supplies.”

The May 18th event will feature world renowned South African electronic music maestro, Hyenah, who is known for his elusive identity, top charting tracks on ‘Resident Advisor,’ and his performances at top clubs across the globe. Additionally, the event will showcase USVI’s own Cool Session Brass Band and the SHUT Down Band along with DJ Mike Swells of NYC and local fire dancers and a drum circle.

Event attendees will also be able to experience the local culture with several amazing food vendors and various local merchants placed throughout the venue and the online Silent Auction at 32auctions.com/musicislife, that features a fantastic selection of prizes, with winners of the auction announced live at the event.

Taxis will be available to bring guests to the venue and back for US $6 each way, while boat operators will offer trips from St. Thomas to St. John throughout the entirety of the event along with late night options for transportation after the event ends.

For more information see Facebook at facebook.com/musicislifeusvi/ and Eventbrite at usvimusicislife.eventbrite.com

Sponsors interested in collaborating with IGC on this event can contact organizers at musicislifeusvi@gmail.com.

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A Benefit For Music And Education In The UVI Is Set For St. John

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Hyenah

CaribPR Wire, NEW YORK, NY, Mon. May 6, 2019: Less than two years after Hurricanes Irma and Maria slammed into the U.S. Virgin Islands, a technology, media and entertainment company that calls the islands home, is focused on helping the music students at the University of The Virgin Islands who were directly impacted by the disaster.

Intellectual Global Concepts, (IGC), has teamed up with The Coral Bay Caribbean Oasis, The RTPark, The University of The Virgin Islands, (UVI) and Grammy-Award winning Jazz Drummer, Dion Parson to present the first “Music Is Life” benefit.

The free event, with Eventbrite RSVP required for entry, is set to get underway at 5 p.m. on May 18th and run through 12:30 a.m. on May 19th at the St. John Bayfront at The Coral Bay Caribbean Oasis, 10-41 Estate Carolina in Coral Bay, St. John.

This event has a limited number of attendees and will be held in an enclosed area, so music fans must register for entry only on Eventbrite or donate US $10-50 for a variety of donation packages, including T-shirts and free drinks at the venue.

All event proceeds and sponsor donations will go to UVI for hurricane relief, music education and recruiting students for performance ensembles through the music program at the UVI campuses. Since 2017 the UVI’s music program has been led by Grammy Award-winning NYC renowned drummer and USVI native, Dion Parson.

“The UVI Music Program offers an amazing opportunity for students attending the University of the Virgin Islands to earn the honor to teach within the K-12 arena, providing local jobs, furthering the music culture in the USVI and continuing to bolster the local communities,” said IGC executives. “We are proud to be able to support this program through scholarship funding for additional university expenses such as fees, housing and books and supplies.”

The May 18th event will feature world renowned South African electronic music maestro, Hyenah, who is known for his elusive identity, top charting tracks on ‘Resident Advisor,’ and his performances at top clubs across the globe. Additionally, the event will showcase USVI’s own Cool Session Brass Band and the SHUT Down Band along with DJ Mike Swells of NYC and local fire dancers and a drum circle.

Event attendees will also be able to experience the local culture with several amazing food vendors and various local merchants placed throughout the venue and the online Silent Auction at 32auctions.com/musicislife, that features a fantastic selection of prizes, with winners of the auction announced live at the event.

Taxis will be available to bring guests to the venue and back for US $6 each way, while boat operators will offer trips from St. Thomas to St. John throughout the entirety of the event along with late night options for transportation after the event ends.

For more information see Facebook at facebook.com/musicislifeusvi/ and Eventbrite at usvimusicislife.eventbrite.com

Sponsors interested in collaborating with IGC on this event can contact organizers at musicislifeusvi@gmail.com.

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Xceedance Announces Global Availability of MGA Agility Suite

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U.K. MGA Archipelago Risk Services adopts the next-generation offering to sell and service its personal lines coverages and package policies

CaribPR Wire, BOSTON, May 06, 2019: Xceedance, a global provider of insurance consulting, managed services, technology, data sciences, and blockchain solutions, today announced the availability and client implementation of a new software and services offering, the MGA Agility Suite.

The Xceedance MGA Agility Suite enables established and startup program administrators, managing general agents (MGAs), and managing general underwriters (MGUs) worldwide to swiftly deploy a tailored, advisor-driven sales and service engine to capture profitable market segments — a key competitive differentiator in managing diverse insurance products, especially lower-margin classes of business.

Additionally, Xceedance announced a successful implementation of the MGA Agility Suite for Archipelago Risk Services (Archipelago), helping the London-based MGA to boost underwriting efficiency and augment the policyholder experience.

“The Xceedance MGA Agility Suite provides software and associated services to support MGAs in insurance markets worldwide,” said Travis MacMillian, chief business officer at Xceedance. “MGA operations typically rely on software or platforms intended for primary insurers. In contrast, the dedicated MGA Agility Suite comprises an insurtech platform, coupled with lifecycle services for program administrators, MGAs, and MGUs.”

Through advanced software development and integration with a diverse set of technologies that support operational efficiency, the MGA Agility Suite gives MGAs and their retail agents proficient automation for personalized, intermediated policyholder services. The MGA Agility Suite combines policy-administration capabilities, an underwriting platform, distribution and communication tools, and the business intelligence (BI)/reporting functionality MGAs need to write more business efficiently and profitably. The MGA Agility Suite facilitates regulatory compliance and partnerships with organizations such as actuaries and third-party administrators (TPAs); and it enables robust integration with insurance data providers, payment gateways, general ledger applications, and document generation services. The platform can be hosted on the cloud for superior performance in managing diverse insurance products and core MGA/MGU operations.

“The MGA Agility Suite elevates our personalized service delivery to program administrators, especially with an innovative broker and underwriter portal, and a configurable rating/pricing engine,” said MacMillian. “The automated workflows and streamlined policy lifecycle processes built into the MGA Agility Suite create transactional efficiencies, while enhancing user experience and customer-centricity for MGAs and MGUs.”

Archipelago recently deployed the MGA Agility Suite, providing the company with a single platform for clients — via intermediaries — to purchase motor (auto), home, investment property, travel, and pet insurance, quickly and efficiently. In implementing the bespoke platform, Archipelago leveraged operational expertise from five principal insurance capabilities at Xceedance: technology and core systems; actuarial services; insurance data sciences; catastrophe and exposure management; and BI and reporting.

“The Xceedance MGA Agility Suite empowers us with highly-automated workflows and a streamlined policy lifecycle — boosting organizational efficiency, enhancing the policy buying experience, and lowering operating costs,” said Richard Coleman, managing director at Archipelago Risk Services.

About Xceedance
Xceedance is a global provider of strategic consulting and managed services, technology, data sciences, and blockchain to insurance organizations. Domiciled in Bermuda, with offices in the United States, United Kingdom, Germany, Poland, India, and Australia, Xceedance helps insurers launch new products, drive operations, implement intelligent technology and blockchain solutions, deploy advanced analytic capabilities, and achieve business process optimization. The experienced insurance professionals at Xceedance enable re/insurers, brokers, and program administrators worldwide to enhance policyholder service, enter new markets, boost workflow productivity, and improve profitability. For more information, please visit www.xceedance.com.

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Parkland Fuel Corporation Announces the Results of the 2019 Annual General Meeting of Shareholders

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CaribPR Wire, CALGARY, Alberta, May 02, 2019: Parkland Fuel Corporation, (”Parkland”, “We”, the “Company”, or “Our”) (TSX:PKI) announced that all nine of the nominees listed in its management information circular dated March 22, 2019 (the “Information Circular”) were elected as directors of the Corporation and PricewaterhouseCoopers LLP was reappointed as Parkland’s auditor at its annual general meeting of shareholders held today (the “Meeting”). The results of these votes, as well as the results for the other items of business considered at the Meeting are set out below:

Resolution 1
Election of directors of Parkland for the ensuing year.

Nominee Votes For %For Votes Withheld %Withheld
John F. Bechtold 103,302,674 99.33% 695,848 0.67%
Lisa Colnett 103,731,193 99.74% 267,329 0.26%
Robert Espey 103,799,639 99.81% 198,883 0.19%
Timothy Hogarth 103,372,069 99.40% 626,453 0.60%
Jim Pantelidis 101,180,405 97.29% 2,818,117 2.71%
Domenic Pilla 103,893,980 99.90% 104,542 0.10%
Steven Richardson 103,791,234 99.80% 207,288 0.20%
David A. Spencer 103,727,846 99.74% 270,676 0.26%
Deborah Stein 103,786,664 99.80% 211,858 0.20%

Resolution 2
The reappointment of PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of Parkland for the fiscal year ending December 31, 2019.

Votes For 103,714,046 99.68%
Votes Withheld 330,147 0.32%
Total 104,044,193

Resolution 3
The approval, on a non-binding and advisory basis, of Parkland’s approach to executive compensation as more particularly set forth and described in the Information Circular.

Votes For 96,725,902 93.01%
Votes Against 7,272,620 6.99%
Total 103,998,522

Voting results for all matters have been posted on SEDAR.


About Parkland Fuel Corporation

Parkland is an independent supplier and marketer of fuel and petroleum products and a leading convenience store operator. Parkland services customers across Canada, the United States, the Caribbean region and the Americas through three channels: Retail, Commercial and Wholesale. Parkland optimizes its fuel supply across these three channels by operating and leveraging a growing portfolio of supply relationships and storage infrastructure. Parkland provides trusted and locally relevant fuel brands and convenience store offerings in the communities it serves.

Parkland creates value for shareholders by focusing on its proven strategy of growing organically, realizing a supply advantage and acquiring prudently and integrating successfully. At the core of our strategy are our people, as well as our values of safety, integrity, community and respect, which are embraced across our organization.

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Parkland Fuel Corporation Announces the Results of the 2019 Annual General Meeting of Shareholders

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CaribPR Wire, CALGARY, Alberta, May 02, 2019: Parkland Fuel Corporation, (”Parkland”, “We”, the “Company”, or “Our”) (TSX:PKI) announced that all nine of the nominees listed in its management information circular dated March 22, 2019 (the “Information Circular”) were elected as directors of the Corporation and PricewaterhouseCoopers LLP was reappointed as Parkland’s auditor at its annual general meeting of shareholders held today (the “Meeting”). The results of these votes, as well as the results for the other items of business considered at the Meeting are set out below:

Resolution 1
Election of directors of Parkland for the ensuing year.

Nominee Votes For %For Votes Withheld %Withheld
John F. Bechtold 103,302,674 99.33% 695,848 0.67%
Lisa Colnett 103,731,193 99.74% 267,329 0.26%
Robert Espey 103,799,639 99.81% 198,883 0.19%
Timothy Hogarth 103,372,069 99.40% 626,453 0.60%
Jim Pantelidis 101,180,405 97.29% 2,818,117 2.71%
Domenic Pilla 103,893,980 99.90% 104,542 0.10%
Steven Richardson 103,791,234 99.80% 207,288 0.20%
David A. Spencer 103,727,846 99.74% 270,676 0.26%
Deborah Stein 103,786,664 99.80% 211,858 0.20%

Resolution 2
The reappointment of PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of Parkland for the fiscal year ending December 31, 2019.

Votes For 103,714,046 99.68%
Votes Withheld 330,147 0.32%
Total 104,044,193

Resolution 3
The approval, on a non-binding and advisory basis, of Parkland’s approach to executive compensation as more particularly set forth and described in the Information Circular.

Votes For 96,725,902 93.01%
Votes Against 7,272,620 6.99%
Total 103,998,522

Voting results for all matters have been posted on SEDAR.


About Parkland Fuel Corporation

Parkland is an independent supplier and marketer of fuel and petroleum products and a leading convenience store operator. Parkland services customers across Canada, the United States, the Caribbean region and the Americas through three channels: Retail, Commercial and Wholesale. Parkland optimizes its fuel supply across these three channels by operating and leveraging a growing portfolio of supply relationships and storage infrastructure. Parkland provides trusted and locally relevant fuel brands and convenience store offerings in the communities it serves.

Parkland creates value for shareholders by focusing on its proven strategy of growing organically, realizing a supply advantage and acquiring prudently and integrating successfully. At the core of our strategy are our people, as well as our values of safety, integrity, community and respect, which are embraced across our organization.

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Parkland Fuel Corporation Announces the Results of the 2019 Annual General Meeting of Shareholders

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CaribPR Wire, CALGARY, Alberta, May 02, 2019: Parkland Fuel Corporation, (”Parkland”, “We”, the “Company”, or “Our”) (TSX:PKI) announced that all nine of the nominees listed in its management information circular dated March 22, 2019 (the “Information Circular”) were elected as directors of the Corporation and PricewaterhouseCoopers LLP was reappointed as Parkland’s auditor at its annual general meeting of shareholders held today (the “Meeting”). The results of these votes, as well as the results for the other items of business considered at the Meeting are set out below:

Resolution 1
Election of directors of Parkland for the ensuing year.

Nominee Votes For %For Votes Withheld %Withheld
John F. Bechtold 103,302,674 99.33% 695,848 0.67%
Lisa Colnett 103,731,193 99.74% 267,329 0.26%
Robert Espey 103,799,639 99.81% 198,883 0.19%
Timothy Hogarth 103,372,069 99.40% 626,453 0.60%
Jim Pantelidis 101,180,405 97.29% 2,818,117 2.71%
Domenic Pilla 103,893,980 99.90% 104,542 0.10%
Steven Richardson 103,791,234 99.80% 207,288 0.20%
David A. Spencer 103,727,846 99.74% 270,676 0.26%
Deborah Stein 103,786,664 99.80% 211,858 0.20%

Resolution 2
The reappointment of PricewaterhouseCoopers LLP, Chartered Accountants, as auditor of Parkland for the fiscal year ending December 31, 2019.

Votes For 103,714,046 99.68%
Votes Withheld 330,147 0.32%
Total 104,044,193

Resolution 3
The approval, on a non-binding and advisory basis, of Parkland’s approach to executive compensation as more particularly set forth and described in the Information Circular.

Votes For 96,725,902 93.01%
Votes Against 7,272,620 6.99%
Total 103,998,522

Voting results for all matters have been posted on SEDAR.


About Parkland Fuel Corporation

Parkland is an independent supplier and marketer of fuel and petroleum products and a leading convenience store operator. Parkland services customers across Canada, the United States, the Caribbean region and the Americas through three channels: Retail, Commercial and Wholesale. Parkland optimizes its fuel supply across these three channels by operating and leveraging a growing portfolio of supply relationships and storage infrastructure. Parkland provides trusted and locally relevant fuel brands and convenience store offerings in the communities it serves.

Parkland creates value for shareholders by focusing on its proven strategy of growing organically, realizing a supply advantage and acquiring prudently and integrating successfully. At the core of our strategy are our people, as well as our values of safety, integrity, community and respect, which are embraced across our organization.

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Parkland Fuel Corporation Announces Record 2019 First Quarter Results

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CaribPR Wire, CALGARY, Alberta, May 01, 2019: Parkland Fuel Corporation, (”Parkland”, “We”, the “Company”, or “Our”) (TSX:PKI) announced today the financial and operating results for the three months ended March 31, 2019 (”Q1 2019″). All financial figures are expressed in Canadian dollars unless otherwise noted.

“Parkland had a very strong start for 2019,” said Bob Espey, President and Chief Executive Officer. “As demonstrated by our KPI’s, the Parkland team delivered another standout quarter of growth on the back of disciplined execution, a robust marketing and logistics environment and healthy refining margins. This was also the first quarter with our new International business, and we are very pleased with the results to date.

2019 marks a significant milestone in the history of Parkland, as the Company celebrates its 50th anniversary as a publicly traded company. Parkland began as a single retail gas station in Red Deer, Alberta, and today supplies or owns over 2,600 retail sites across our operations. We are proud to service retail, commercial and wholesale customers throughout Canada, the United States, the Caribbean region and the Americas. I would like to thank the entire Parkland team for their hard work and continued focus on safety to deliver another strong quarter.”

Parkland also announces that Mike McMillan, Senior Vice President and Chief Financial Officer, has decided to move back to Ontario where he can spend more time with his family. The Company will immediately begin a search process to replace Mike, and he has agreed to support us until a successor has been named and an appropriate transition period is completed.

“Mike has made exceptional contributions during his ten years with Parkland,” said Mr. Espey. “As CFO since 2015, his responsible stewardship of the Company’s financial position has allowed Parkland to execute on its growth strategy and deliver outstanding results. Mike has been instrumental in numerous initiatives across the Company, including supporting acquisition and integration efforts and driving synergies. On behalf of the Board of Directors, and all of his colleagues at Parkland, I thank Mike for his commitment to our success and offer my very best wishes in his future endeavors.”

Q1 2019 Highlights

  • On January 1, 2019, Parkland adopted IFRS 16 – Leases (”IFRS 16″). The adoption of IFRS 16 increases Adjusted EBITDA by reducing operating costs and increasing depreciation, amortization, and finance and other costs. IFRS 16 also increases Parkland’s assets and liabilities and has no overall impact to cash flow. Refer to the Q1 2019 Interim Condensed Consolidated Financial Statements (”Q1 2019 FS”) and Q1 2019 Management’s Discussion and Analysis (”Q1 2019 MD&A”) for further information.
  • First quarter Adjusted EBITDA was $315 million and net earnings attributable to Parkland were $77 million ($0.53 per share, basic). Excluding the impact of IFRS 16, Parkland’s Adjusted EBITDA was $288 million, and net earnings were $80 million. This exceptional performance was primarily driven by additional contributions from the Sol Transaction (as defined herein), strong Supply results as a result of the 2018 Turnaround in the first quarter of 2018 (”Q1 2018″) and continued efforts in executing Parkland’s supply strategy.
  • First quarter fuel and petroleum product volume was 5.3 billion litres, compared to 4.2 billion litres in Q1 2018. The increase was primarily driven by incremental volumes from the Sol Transaction.
  • First quarter Adjusted distributable cash flow increased by $25 million to $135 million ($0.93 per share), resulting in an Adjusted dividend payout ratio of 32%. Adjusted distributable cash flow is a non-GAAP measure, which we have amended to remove the impact of IFRS 16 such that this metric is comparable year over year.
  • Growth capital expenditures were $29 million and maintenance capital expenditures were $50 million. Combined growth and maintenance capital expenditures attributable to Parkland decreased $7 million compared to Q1 2018. First quarter capital expenditures reflects the addition of our new International segment and higher Canada Retail and Commercial growth investments, offset by lower maintenance expenditures related to a turnaround at the Burnaby refinery last year.
  • Total Funded Debt to Credit Facility EBITDA ratio of 2.7 times as at March 31, 2019.
  • We continue to expect that annual run-rate synergies on the Ultramar and Chevron acquisitions in 2017 will reach approximately $180 million by the end of 2020.
  • Subsequent to the quarter, Parkland successfully completed the second and final phase of the Chevron Transitional Services Agreement (”TSA”). Parkland converted the Enterprise Resource Planning (”ERP”) system used in the Supply segment of the Chevron business to Parkland’s ERP system on April 1, 2019.
  • In the first quarter, Parkland opened a Houston office which supports its growing supply and trading business in the U.S. and Caribbean markets.

Canada Retail Highlights

  • First quarter Adjusted EBITDA was $73 million (Pre-IFRS 16: $68 million), driven by strong volume growth and convenience store sales, offset by weaker gasoline margins in most provinces. Excluding the impact of IFRS 16, Adjusted EBITDA was relatively flat compared the same period in 2018.
  • First quarter Company Volume same-store-sales growth (”SSSG”) was 1.4%, demonstrating the success of our network development planning strategy which focuses on high growth areas, along with strategic marketing and operational efforts to increase volume.
  • First quarter Company C-Store SSSG was 6.0%, our 13th consecutive quarter of positive Company C-Store SSSG. Growth was seen across all merchandise categories and was attributable to strong field level execution and the successful implementation of the On the Run / Marché Express store concepts, Parkland’s proprietary private label brand 59th Street Food Co., and higher forecourt to backcourt conversion rates.
  • We continued to evolve our retail site composition, converting approximately 40 Company Owned, Company Operated (”COCO”) sites to Company Owned, Retailer Operated (”CORO”) sites in the quarter. As of March 31, 2019, we have approximately 50 COCO sites remaining to convert in 2019.
  • We retrofitted 12 existing On the Run / Marché Express locations and constructed one new-to-industry (”NTI”) locations in the first quarter. We are now offering 28 “59th Street Food Co.” products at select locations and are encouraged by pilot market results from our “Journie” loyalty program. We continue to plan for a Q4 2019 roll out of our Journie program across our Canadian portfolio.

Canada Commercial Highlights

  • First quarter Adjusted EBITDA was $44 million (Pre-IFRS 16: $43 million), driven by strong fuel margins on cardlock, propane, and furnace oil (particularly in Ontario and Quebec), and lower operating costs. Excluding the impact of IFRS 16, Adjusted EBITDA increased by $5 million compared to the same period in 2018.
  • First quarter fuel and petroleum product volume decreased 9% relative to Q1 2018, primarily due to margin improvement initiatives which decreased volume, but increased gross profit.
  • We continue to evolve our customer value proposition by leveraging an integrated offering of delivered diesel and lubricants, propane, home heat and cardlock road diesel across the country.

USA Highlights

  • First quarter Adjusted EBITDA was $11 million (the impact of IFRS 16 was negligible), driven by strong lubricant margins and our focus on driving new business, growing organically and managing costs. Adjusted EBITDA increased by $7 million compared the same period in 2018, primarily due to the acquisition of all of the issued and outstanding equity interests of Rhinehart Oil Co., LLC and its affiliates (the “Rhinehart Acquisition”) in 2018.
  • First quarter fuel and petroleum product volume was 331 million litres, an increase of 112 million litres compared to the same period in 2018. The increase was primarily due to the Rhinehart Acquisition and organic growth initiatives.
  • The US remains our highest growth potential area and we will continue to evaluate opportunities in this market as they arise.

International Highlights

  • Parkland successfully completed the acquisition of 75% of the outstanding shares of Sol Investments Limited (collectively, with its subsidiaries “Sol”) on January 8, 2019 (the “Sol Transaction”). Business continuity through the transition phase has been our key focus and is proceeding as planned.
  • First quarter Adjusted EBITDA was $71 million (Pre-IFRS 16: $57 million), which reflects Parkland’s 75% ownership in Sol. The performance was driven by strong fundamentals in the Eastern Caribbean and South American markets. We are encouraged by our first quarter with the new International segment and results have been tracking in-line with our expectations.
  • First quarter Fuel and petroleum product volume was 1,063 million litres, consisting of 424 million litres sold through retail channels and 639 million litres sold through commercial and wholesale channels.
  • The volumes and Adjusted EBITDA of the Eastern, Western, Spanish and French Caribbean are expected to be higher in the first and fourth quarters of the year during tourism high season. South America’s volumes and Adjusted EBITDA are expected to be influenced by activity in the natural resource industries. Adjusted EBITDA results may further be partly influenced by fluctuations in supply cost and weather.
  • The first quarter with the Sol portfolio has reinforced our thesis for the acquisition. The business has strong local teams, fortress assets with unique regional scale, and significant growth potential in several business lines such as LPG, Aviation, Retail, Commercial and Wholesale. We continue to expect approximately $42 million of annual run-rate synergies (attributable to Parkland based on its 75% share of the Sol business) by the end of 2021.

Supply Highlights

  • First quarter Adjusted EBITDA was $143 million (Pre-IFRS 16: $137 million), driven by profitable supply sourcing initiatives, propane marketing and strong refining margins near the end of the quarter. Excluding the impact of IFRS 16, Adjusted EBITDA increased by $66 million compared to Q1 2018, which was lower due to the turnaround at the Burnaby refinery. Parkland continues to drive ongoing cost improvements in our storage and distribution operations as part of our supply advantage strategy.
  • Refinery utilization, which measures the amount of crude oil processed and converted to products in the Burnaby Refinery, was 92.0% for the first quarter, compared to 33.2% for Q1 2018 which was lower due to the turnaround at the Burnaby refinery.

Corporate Segment Highlights

  • First quarter Adjusted EBITDA was negative $27 million (Pre-IFRS 16: negative $28 million). Marketing, general and administrative expenses were relatively flat compared to Q1 2018, and as a percentage of total adjusted gross profit, favorably decreased to 3.9% (down from 6.0% in Q1 2018). Parkland’s objective is to manage corporate expenses tightly so that they increase at a slower pace than Parkland’s adjusted gross profit.


Consolidated Financial Overview

($ millions, unless otherwise noted) Three months ended March 31,
2019 2018 2017
Financial Summary
Sales and operating revenue 4,215 3,342 1,765
Adjusted gross profit(1) 697 430 191
Adjusted EBITDA including non-controlling interest (”NCI”) 339 153 70
Adjusted EBITDA attributable to NCI 24
Adjusted EBITDA attributable to Parkland (”Adjusted EBITDA”)(1) 315 153 70
Net earnings 91 20 22
Net earnings attributable to:
Parkland 77 20 22
NCI 14
Net earnings per share ($ per share)
Per share – basic 0.53 0.15 0.23
Per share – diluted 0.52 0.15 0.22
Distributable cash flow(2) 122 29 38
Per share(2)(3) 0.84 0.22 0.40
Adjusted distributable cash flow(2) 135 110 46
Per share(2)(3) 0.93 0.84 0.48
Dividends 43 38 28
Dividends declared per share outstanding 0.2951 0.2902 0.2852
Dividend payout ratio(2) 35 % 131 % 72 %
Adjusted dividend payout ratio(2) 32 % 35 % 60 %
Total assets 8,998 5,492 2,469
Total long-term liabilities 5,108 2,524 690
Shares outstanding (millions) 146 132 97
Weighted average number of common shares (millions) 145 131 96
Operating Summary
Fuel and petroleum product volume (million litres)(4) 5,336 4,211 2,756
Fuel and petroleum product adjusted gross profit(2) (cpl)(5)(7)
Canada Retail 7.59 7.88 5.25
Canada Commercial(6) 7.91 6.74 7.11
USA 4.53 3.65 3.58
International 11.95
Refinery utilization(3) 92.0 % 33.2 % %

(1) Measure of segment profit. See Section 13 of the MD&A.
(2) Non-GAAP financial measure. See Section 13 of the MD&A.
(3) Calculated using the weighted average number of common shares.
(4) Fuel and petroleum product volume represents external volumes only. Intersegment volumes, including volumes produced by the Burnaby Refinery and transferred to the Canada Retail and Canada Commercial segments, are excluded from this reported volume.
(5) “cpl” stands for cents-per-litre and is a key performance indicator. See Section 13 of the MD&A.
(6) For comparative purposes, fuel and petroleum product volume, and sales and operating revenue for the three months ended March 31, 2018 were restated due to a change in segment presentation, resulting from a reclassification of wholesale customers from the Supply segment to the Canada Commercial segment, reflecting a change in organizational structure in 2019.
(7) Key performance indicator. See Sections 4 and 13 of the MD&A.

The following table outlines the impact of IFRS 16 on Adjusted EBITDA as reported for the three months ended March 31, 2019:

For the three months ended March 31, 2019
2019 2018
Adjusted
EBITDA as
reported

IFRS 16
Impact

Pre-IFRS
16
Amount(1)

Adjusted
EBITDA as
reported
Canada Retail 73 (5 ) 68 69
Canada Commercial 44 (1 ) 43 38
USA 11 11 4
Supply 143 (6 ) 137 71
International 71 (14 ) 57
Corporate (27 ) (1 ) (28 ) (29 )
Consolidated 315 (27 ) 288 153

(1) Pre-IFRS 16 amounts are comparable to the reported information in Q1 2018, which was calculated under IAS 17.


2019 Outlook & Guidance Range

Parkland will remain focused on its key strategies of organic growth, building a strong supply advantage and acquiring prudently. Our 2019 Guidance for Adjusted EBITDA attributable to Parkland, prior to the impact of IFRS 16, remains $960 million with anticipated variance of up to 5 percent.

The Adjusted EBITDA impact of adopting IFRS 16 was $27 million during Q1 2019 and is expected to be approximately $105 million for full-year 2019. As a result, our 2019 Guidance for Adjusted EBITDA attributable to Parkland, including the impact of IFRS 16, is $1,065 million with an anticipated variance of up to 5% (the “2019 Guidance Range”). Our Q1 2019 results give us a high level of confidence in our 2019 Guidance Range.

In addition, the Company continues to expect approximately $200 million of growth capital expenditures and $200 million of maintenance capital expenditures in 2019.

The 2019 Guidance Range includes some key assumptions highlighted below:

  • Includes the 75% of Sol’s Adjusted EBITDA that is attributable to Parkland
  • Burnaby refining margins forecast is based on our view of future market conditions
  • The performance of recently acquired businesses, general market conditions, including but not limited to fuel margins and weather, will remain substantially consistent for the remainder of 2019
  • The low end of our 2019 Guidance Range accounts for potential adverse market conditions across our areas of operations, as well as the potential for lower refining margins than currently observable, while the high end of our 2019 Guidance Range accounts for greater than expected contributions from acquisition synergies, refining margins and organic growth

In addition, the factors and assumptions which contribute to Parkland’s assessment of the 2019 Guidance Range are consistent with existing Parkland disclosure and such guidance range is subject to risks and uncertainties inherent in Parkland’s business. Readers are directed to the “Risk Factors” section in the Annual MD&A and the Annual Information Form for a description of such factors, assumptions, risks and uncertainties.

Conference Call and Webcast Details

Parkland will host a webcast and conference call on Thursday, May 2, 2019 at 6:30am MDT (8:30am EDT) to discuss the results.

To listen to the live webcast and watch the presentation, please use the following link:

https://event.on24.com/wcc/r/1985616/DF7D3C78C608DF8C797A716E1CE5B7A1

Analysts and institutional investors interested in participating in the question and answer session of the conference call may do so by calling 1-888-390-0605 (toll-free) (Conference ID: 86334895). International participants can call 1-587-880-2175 (toll) (Conference ID: 86334895).

Please connect and log in approximately 10 minutes before the beginning of the call.

The webcast will be available for replay two hours after the conference call ends at the link above. It will remain available for one year and will also be posted to www.parkland.ca.

Annual General Meeting

Parkland Fuel Corporation’s 2019 Annual General Meeting (”AGM”) will be held on Thursday, May 2, 2019 at 9:00am MDT at the Metropolitan Conference Centre in Calgary, Alberta. This year’s AGM will mark a significant milestone in the history of Parkland, as the Company celebrates its 50th anniversary as a publicly traded company.

MD&A and Consolidated Financial Statements

The Q1 2019 MD&A and Q1 2019 FS provide a detailed explanation of Parkland’s operating results for the three months ended March 31, 2019. An English version of these documents will be available online at www.parkland.ca and SEDAR immediately after the results are released by newswire under Parkland’s profile at www.sedar.com. French Financial Statements and MD&A will be posted to www.parkland.ca and SEDAR as soon as they become available.

Forward-Looking Statements

Certain statements contained in this news release constitute forward-looking information and statements (collectively, “forward-looking statements”). When used in this news release the words “expect”, “will”, “could”, “would”, “believe”, “continue”, “pursue” and similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, cash flow growth, run-rate synergies, private label program expansion, fuel volume growth, new business objectives, organic growth initiatives, growth of supply and trading business in the U.S. and Caribbean, Adjusted EBITDA Guidance, capital and maintenance expenditure forecasts, contribution of the Sol business and 2018 U.S. acquisitions, strategic marketing and operational efforts to increase fuel volume, expected launch of marketing and loyalty programs, forecast crack spreads and refining margins, U.S. growth opportunities, seasonal EBITDA and volume projections, and supply improvement and optimization and plans and objectives of or involving Parkland.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this news release should not be unduly relied upon. These forward-looking statements speak only as of the date of this news release. Parkland does not undertake any obligations to publicly update or revise any forward-looking statements except as required by securities law. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks and uncertainties including, but not limited to, general economic, market and business conditions; industry capacity; competitive action by other companies; refining and marketing margins; the ability of suppliers to meet commitments; actions by governmental authorities and other regulators including but not limited to increases in taxes or restricted access to markets; changes and developments in environmental and other regulations; and other factors, many of which are beyond the control of Parkland. See also the risks and uncertainties described in “Forward-Looking Information” and “Risk Factors” included in Parkland’s Annual Information Form dated March 27, 2019 and in “Forward-Looking Information” and “Risk Factors” in the Q1 2019 MD&A, each as filed on SEDAR and available on the Parkland website at www.parkland.ca.

Non-GAAP Financial Measures

This news release refers to certain non-GAAP financial measures that are not determined in accordance with International Financial Reporting Standards (”IFRS”). Distributable cash flow, distributable cash flow per share, adjusted distributable cash flow, adjusted distributable cash flow per share, dividend payout ratio and adjusted dividend payout ratio are not measures recognized under IFRS and do not have standardized meanings prescribed by IFRS. Management considers these to be important supplemental measures of Parkland’s performance and believes these measures are frequently used by securities analysts, investors and other interested parties in the evaluation of companies in its industries. See Section 13 of the Q1 2019 MD&A for a discussion of non-GAAP measures and their reconciliations to the nearest applicable IFRS measure.

Adjusted EBITDA and adjusted gross profit are measures of segment profit. See Section 13 of the Q1 2019 MD&A and Note 20 of the Q1 2019 FS for a reconciliation of these measures of segment profit. Annual Synergies is an annualized measure and is considered to be forward-looking information. See Section 10 of the Q1 2019 MD&A. Investors are encouraged to evaluate each measure and the reasons Parkland considers it appropriate for supplemental analysis.

Effective January 1, 2019, Parkland adopted the new accounting standard, IFRS 16 – Leases (”IFRS 16″). The adoption of IFRS 16 has a significant effect on Parkland’s reported results. Due to Parkland’s selected transition method, it has not restated its prior year comparatives. Certain financial statement measures are presented excluding the impact of IFRS 16 (”Pre-IFRS 16 measures”). Refer to the Q1 2019 FS and Q1 2019 MD&A for reconciliations of Pre-IFRS 16 measures.

Investors are cautioned, however, that these measures should not be construed as an alternative to net earnings determined in accordance with IFRS as an indication of Parkland’s performance. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

About Parkland Fuel Corporation

Parkland is an independent supplier and marketer of fuel and petroleum products and a leading convenience store operator. Parkland services customers across Canada, the United States, the Caribbean region and the Americas through three channels: Retail, Commercial and Wholesale. Parkland optimizes its fuel supply across these three channels by operating and leveraging a growing portfolio of supply relationships and storage infrastructure. Parkland provides trusted and locally relevant fuel brands and convenience store offerings in the communities it serves.

Parkland creates value for shareholders by focusing on its proven strategy of growing organically, realizing a supply advantage and acquiring prudently and integrating successfully. At the core of our strategy are our people, as well as our values of safety, integrity, community and respect, which are embraced across our organization.

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Carnival Corporation’s AIDAnova First Ship to be Supplied with LNG in Mediterranean

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MIAMI, April 26, 2019 /PRNewswire-HISPANIC PR WIRE/ – Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world’s largest leisure travel company, its Germany-based AIDA Cruises brand and numerous representatives from politics, port-related businesses and tourism today celebrated the first-time arrival of the world’s first cruise ship powered by liquefied natural gas (LNG) in Barcelona.

Carnival Corporation’s AIDAnova becomes the world’s first LNG powered cruise ship to call on the Port of Barcelona and the first to be fueled with LNG in the Mediterranean.

Upon arrival in Europe’s biggest cruise port, AIDAnova – the newest vessel from AIDA Cruises, Germany’s leader in cruising – was fueled for the first time in the Mediterranean with LNG, the world’s cleanest burning fossil fuel. Currently, alongside Palma de Mallorca, Barcelona is the second start-and- end destination for AIDAnova’s seven-day cruises in the Mediterranean. With Carnival Corporation’s partnership with Shell Western LNG B.V. (Shell), the cruise ship will be regularly supplied with LNG at the Spanish metropolis.

Commissioned on Dec. 12, 2008, with four dual-fuel engines and three gas tanks on board, AIDAnova is the world’s first cruise ship that will be operated in port and at sea with low-emission liquefied natural gas. Emissions of particulate matter and sulfur oxides are eliminated almost completely, while nitrogen oxides and carbon dioxide emissions are sustainably reduced. Two of the tanks each have a length of around 35 meters, a diameter of 8 meters and a capacity of 1,550 cubic meters. A third, smaller tank with a diameter of 5 meters, is 28 meters long and has a capacity of approximately 520 cubic meters.

It has been over 10 years since Carnival Corporation and AIDA Cruises started investing in LNG propulsion technology. Two additional ships of this new AIDA generation will join the AIDA fleet in 2021 and 2023. Carnival Corporation leads the industry with the adoption of LNG, with a total of 10 next-generation “green” cruise ships able to be powered by LNG in port and at sea on order with delivery dates between 2019 and 2025.

Highlights onboard AIDAnova, which marks an exciting new generation of ships for AIDA Cruises, include new culinary and entertainment offerings such as the Time Machine Restaurant, a street food mile with culinary treats and a floating TV studio. Guests can also enjoy the popular 360-degree Theatrium, the Four Elements adventure deck, complete with three water slides and a climbing garden under the dome of a retractable glass roof and the Beach Club for relaxing on board. AIDAnova also features a 3,500-square meter large wellness area, an outdoor fitness studio, a penthouse suite with two decks, individual staterooms, 17 restaurants and 23 bars.

Until the beginning of November 2019, AIDAnova will be sailing seven-day cruises, calling at some of the Germans’ most popular travel destinations in the Mediterranean – Civitavecchia (Rome), La Spezia (Florence), Marseille and Barcelona.

All of AIDAnova’s current cruises can be booked at travel agencies, by calling the AIDA Customer Center at +49 (0)381/202 707 07 or at www.aida.de.

AIDAnova’s Technical Data:
Shipyard: Meyer Werft, Papenburg (Germany)
Keel laying: September 4, 2017
Commissioning: December 12, 2018
Length: 337 meters
Width: 42 meters
Max. draft: 8.80 m
Gross tonnage: 183,900 GT
Decks: 20
Number of staterooms: 2,626 (21 different stateroom varieties)
Restaurants: 17
Bars: 23
Crew: approx. 1,500

Note for media:
A Photo Gallery of AIDAnova is available here: https://costagroup.thruinc.net/Desktop/Distro/Open/SHORE-019M9IWB484

About AIDA Cruises
AIDA Cruises is one of the fastest growing and most successful tourism businesses in Germany. The company employs about 12,500 people from more than 50 countries on land and on board AIDA ships. AIDA Cruises operates one of the world’s most state-of-the-art fleets, comprised of 13 cruise ships.
Two new LNG cruise ships built at the Meyer Werft shipyard in Papenburg (Germany) will join the fleet by 2023. More information at www.aida.de

About Carnival Corporation & plc
Carnival Corporation & plc is the world’s largest leisure travel company and among the most profitable and financially strong in the cruise and vacation industries, with a portfolio of nine of the world’s leading cruise lines. With operations in North America, Australia, Europe and Asia, its portfolio features Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard.

Together, the corporation’s cruise lines operate 104 ships with 243,000 lower berths visiting over 700 ports around the world, with 19 new ships scheduled to be delivered through 2025. Carnival Corporation & plc also operates Holland America Princess Alaska Tours, the leading tour company in Alaska and the Canadian Yukon. Traded on both the New York and London Stock Exchanges, Carnival Corporation & plc is the only group in the world to be included in both the S&P 500 and the FTSE 100 indices.

With a long history of innovation and providing guests with extraordinary vacation experiences, Carnival Corporation has received thousands of industry awards – including recognition by the Consumer Technology Association™ as a CES® 2019 Innovation Awards Honoree for the OceanMedallion™. A revolutionary wearable device that contains a proprietary blend of communication technologies, the OceanMedallion enables the world’s first interactive guest experience platform transforming vacation travel on a large scale into a highly personalized level of customized service. The prestigious CES Innovation Awards honor outstanding design and engineering in consumer technology products.

Additional information can be found on www.carnival.comwww.princess.comwww.hollandamerica.comwww.seabourn.comwww.pocruises.com.auwww.costacruise.comwww.aida.dewww.pocruises.com and www.cunard.com.

Photo – https://mma.prnewswire.com/media/878210/AIDAnova.jpg

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