Cruise Ship Out of Service, Refunds and Credits Issued

Editorial Summary

Doug Parker reports on several developments within the cruise industry, beginning with Princess Cruises canceling a sailing of the Regal Princess from Galveston, Texas. This marks the second consecutive week of cancellations for this vessel due to ongoing technical repairs. To compensate the 3,600 impacted guests, the cruise line is offering full refunds along with a 25 percent future cruise credit. In other news, the Disney Treasure has commenced its transatlantic voyage from the Netherlands to Port Canaveral. The ship featured a themed sendoff and is scheduled to arrive in Florida on November 12 after stopping in Portugal. Additionally, plans for the historic SS United States have changed, as the vessel will now be towed from Philadelphia to Mobile, Alabama, instead of Norfolk, Virginia. This change aims to lower costs and streamline the deployment process for the ship, which is intended to become an artificial reef. Finally, the report notes mixed performance for cruise stocks, with Carnival Corporation, Norwegian, and Viking all seeing declines during Wednesday trading.

Written by TripBacon from this video's transcript.