Cruise Ship Grounded on Coral Reef Just Days Before Sailing Ends

Editorial Summary

Doug Parker reports on several significant developments within the cruise industry. In Papua New Guinea, the Coral Adventurer, operated by Coral Expeditions, struck a reef on Saturday. All 123 passengers and crew members on board are reported safe, and no damage to the vessel has been noted. This incident occurs shortly after the death of an 80 year old passenger who was left on Lizard Island in October. In the Bahamas, Norwegian Cruise Line has reached a milestone with the opening of its pier at Great Stirrup Cay. The Norwegian Getaway was the first vessel to dock directly at the island, replacing the previous tender only access method. This new infrastructure will serve all brands under Norwegian Cruise Line Holdings, including Regent, Oceania, and NCL. Additionally, MSC Cruises is adjusting its fleet strategy, with the MSC Seashore scheduled to reposition to Port Miami in late 2027 for Caribbean itineraries. Until that transition, the ship will continue operating short cruises from Port Canaveral. Finally, the report notes mixed performance in cruise stocks, with Carnival and Royal Caribbean seeing declines while Viking experienced an increase in value.

Written by TripBacon from this video's transcript.