Carnival Vista Out of Service, Refunds and Credits Issued

Editorial Summary

Doug Parker reports on several developments within the cruise industry, beginning with technical difficulties affecting the Carnival Vista. The ship is experiencing ongoing propulsion issues, which has led to the cancellation of a scheduled sailing on September 7. For the current eight night sailing, the ship has shortened its port time and will return on September 1. Carnival has modified the itinerary for the September 1 departure by substituting Grand Turk and Amber Cove with Nassau and Freeport. Passengers on that sailing are being offered a two thousand dollar onboard credit or the option to cancel. Those on the cancelled September 7 cruise will receive a full refund, a 100 percent future cruise credit, and reimbursement for flight change fees. The report also notes that Royal Caribbean Group has signed an agreement with a Finnish ship builder to construct a fourth Icon class ship, with options for two more. Additionally, four passengers from the MSC Magnifica were arrested in Miami for alleged credit card fraud involving the ship's casino and booking transactions. Finally, the report concludes with a summary of cruise line stock performance for Tuesday, noting gains for Carnival Corporation and Royal Caribbean.

Written by TripBacon from this video's transcript.