Carnival Breaks Silence After Netflix "Poop Cruise" Documentary Debuts

Editorial Summary

Doug Parker reports on several significant developments within the cruise industry. Carnival Cruise Line has issued an official statement addressing the Carnival Triumph incident, which is featured in a new Netflix documentary titled Train Wreck Poop Cruise. The company describes the past event as a teachable moment that led to a thorough investigation and the correction of a design vulnerability. Carnival noted that it invested over 500 million dollars into fleetwide programs covering fire prevention and management systems. Despite the documentary, Carnival Corporation reported record profits, including 6.3 billion dollars in second quarter revenue and 8.5 billion dollars in customer deposits. The company reported that all ships are currently sailing at over 100 percent occupancy. In other news, Disney Cruise Line is implementing price increases of 5 to 10 dollars at select adult only restaurants on specific ships. These changes will roll out gradually, beginning with the Disney Wish and Disney Treasure. Finally, the report notes that cruise stocks ended higher on Tuesday, with gains seen across Carnival Corporation, Royal Caribbean, Norwegian, and Viking.

Written by TripBacon from this video's transcript.