Norwegian said it plans to restart cruising from US ports starting on July 4, pending approval from the CDC.
The global cruise industry has been hit hard by the coronavirus pandemic. Thousands were taken ill on board and all shipping came to a halt.
Monthlong trips with Oceania Cruises and Seabourn for 2023 have already sold out. The CDC temporarily banned cruises last year.
Saga, a UK cruise company, will require passengers to receive the COVID-19 vaccine 14 days prior to boarding. Passengers will also be screened for the virus upon boarding the cruise. Saga is the first UK cruise operator to require passengers get a vaccination for the coronavirus, the Guardian reported. Visit […]
Airline and cruise stocks fell on Monday after a new COVID-19 strain identified in the UK led to a wave of more stringent lockdowns and travel restrictions in the area. It’s not yet known if the new COVID-19 strain, which has a higher transmission rate, is impacted by the vaccines […]
Cruise stocks gained on Thursday after Bank of America boosted its outlook for the beleaguered industry. The bank’s analysts raised price targets for Royal Caribbean Cruises, Carnival, and Norwegian Cruise Line Holdings, saying the widespread distribution of a COVID-19 vaccine can bring prices back to their pre-pandemic highs. Carnival and […]
Airlines, cruises, and hotels all traded higher on Monday as encouraging results from Moderna’s vaccine trial boosted the so-called reopening trade. Moderna announced Monday morning that its experimental coronavirus vaccine was 94.5% effective at preventing COVID-19 in trial patients. United Airlines, American Airlines and Delta jumped more than 5%. Cruises […]
On Election Day, Key West passed three referendums that prevent larger cruise ships from docking on the island. Smaller, more upscale boats are still able to dock at Key West. Cruises have been heavily impacted by the coronavirus pandemic, and the first trial cruise to set sail is already reporting […]
The US Centre for for Disease Control and Prevention lifted its no-sail order on November 1, and Royal Caribbean will be looking for volunteers to embark on trial cruises. These cruises are a way to test safety guidelines the CDC has put in place to allow ships to set sail […]
President Donald Trump announced Friday morning that he had contracted COVID-19. The market tumbled early on Friday in response, and industry experts think the cruise industry could be negatively impacted. Paul Golding, an analyst at Macquarie, told Business Insider that an event raising the visibility of the virus could “potentially […]
Stocks that are closely tied to the reopening of the American economy were crushed in Friday trades after President Trump tested positive for COVID-19. The news served as a reminder to investors just how precarious the economic reopening is as Winter approaches and daily COVID-19 cases are on the rise. […]
Summary List Placement Cruise stocks surged on Thursday after Carnival announced it would embark on its first voyage since the COVID-19 pandemic this weekend. Carnival subsidiary Costa Cruises, based in Italy, will restart its sailing operations this Sunday. Carnival expects its German-based subsidiary, AIDA Cruises, to resume selling on November […]
The Centres for Disease Control put out a call for public feedback on how to restart cruises, and responses show that many travellers are eager to set sail again. Many respondents said they had faith in cruise operators to establish measures that will keep passengers safe, while others downplayed the […]
Royal Caribbean’s stock rose 10% to over $US57 a share on Monday, after the company announced ‘remarkable’ demand for cruises in 2021 in its core destinations of the Caribbean, Europe, Alaska, and Bermuda. The company also announced losses of $US1.64 billion in the second quarter, due to suspended operations. For […]
An industry group of roughly 60 cruise lines announced on Wednesday that they won’t sail from US ports until October 31 at the earliest. This extension from an earlier September 15 date comes amid multiple outbreaks of the coronavirus aboard cruise ships worldwide that recently began sailing. The cruise industry […]
Two cruise ships in Europe and one in the South Pacific have experienced coronavirus outbreaks during their return. The industry has been hobbled by the pandemic thanks to high fixed costs associated with ships. In the US, sailings aren’t set to resume until October, and the cases internationally could be […]
Cruise lines soared on Friday after Carnival Corp. reported second quarter earnings that revealed a few positive trends developing within the industry, after its business was decimated by COVID-19. The company said cumulative advanced booking for 2021 is “within historical ranges” with prices that are down slightly low to mid-single […]