Carnival Blindsides Cruise Passengers with Last-Minute Cancelation

Editorial Summary

Doug Parker reports on several significant developments within the cruise industry. Carnival Cruise Line has canceled the July 6 sailing of the Carnival Liberty because of labor disputes at a European shipyard. The vessel was moved from Spain to France following delays in its refurbishment process. Passengers were informed of the cancellation two weeks prior to the scheduled departure. To compensate affected travelers, Carnival is providing full refunds, future cruise credits, and up to $200 per person for nonrefundable airfare. Meanwhile, Carnival is releasing images of its new private destination, Celebration Key, located on Grand Bahama Island. This 65 acre site includes freshwater lagoons, a sun castle with water slides, and a large swim up bar. The project cost $500 million and will be exclusive to Carnival guests starting July 19. Additionally, the Princess Cruises ship Crown Princess has been forced to alter its course during a 113 night world cruise. Due to severe weather, including strong winds and heavy swells near South Africa, the captain decided to skip a planned stop in Cape Town for safety reasons. Finally, the report notes that cruise stocks ended the day mostly flat.

Written by TripBacon from this video's transcript.