Cruise Line WiFi Price Skyrockets 67%, Shipyard Collapse Injures 1

Editorial Summary

Doug Parker reports on several significant developments within the cruise industry. Princess Cruises has implemented a substantial price increase for its internet packages. The cost for a single device Wi-Fi connection has risen 65 percent to $24.99 per day, while the four device package has increased by approximately 12 percent to $44.99. These new rates apply immediately to pre-cruise purchases, though existing rates remain available on board until January 31st. In Italy, a scaffolding rig collapse at the Fincantieri shipyard in Marghera injured a worker. A 25 year old man was rescued from the debris and taken to the hospital in serious condition. This shipyard is currently involved in the construction of the Sun Princess and the MSC Explorer One. Additionally, the Norwegian Joy has arrived in Rotterdam for an extensive renovation. The vessel will undergo several structural changes, including the addition of 24 balcony staterooms and the transformation of the Galaxy Pavilion VR arcade into a thermal suite. The laser tag arena will also be converted into a Vibe Beach Club. Finally, the report notes a downward trend in cruise line stocks, with Carnival Corporation, Royal Caribbean, and Norwegian all seeing decreases on Monday.

Written by TripBacon from this video's transcript.