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FORMER ROYAL CARIBBEAN LINE BANKRUPT | CRUISE NEWS UPDATE | The Cruise Show

La Lido Loca
La Lido Loca
πŸ…Authority
πŸ‘οΈ 46K viewsπŸ“… 6 years ago⏱️ 10:29

Key Moments

Editorial Summary

The creator discusses various developments within the cruise industry during the pandemic shutdown. He reports on the insolvency of Pullmantur, a small Spanish cruise line in which Royal Caribbean holds a 49 percent stake. This insolvency involves three ships, including the former Celebrity Horizon, the former Royal Caribbean Monarch of the Seas, and the former Royal Caribbean Sovereign of the Seas. The creator notes reports that valuables are being stripped from these vessels. He also addresses the financial downgrade of Carnival Cruise Line stock to junk status by S&P. Amidst these negative updates, the creator shares positive news regarding successful refunds from Princess Cruises and Royal Caribbean. He also highlights a heartwarming story about nurses working on a Carnival cruise ship who assisted in delivering a baby during a flight from London to Manila. The video concludes with a look at various headlines regarding ship layoffs, cancellations, and the potential for older vessels to be scrapped or sold.

Written by TripBacon from this video's transcript.

How This Review Compares

This review's score for Royal Caribbean Group
Slight Frown
All-time creator consensus for Royal Caribbean Group
A Nibble

This review is more critical than the all-time creator consensus.

What This Creator Said
Creator Had Mixed FeelingsTips & AdviceπŸ…Authority Creator

Source: Our analysis of the creator's lived experience, based on what they said in this video.

Creator's Key Takeaways

so what's what's the worst thing that could happen while we're waiting for cruising to return I guess Cruise Line's going bankrupt

we did get our refund from princess for our Alaska cruise that was supposed to go off in June

this is a positive repatriation story crew members finally getting home if there's any silver lining for crew members stuck on cruise ships it is now the timing of the birth of this new baby

Creator's Tips & Advice

βœ“Check for refunds if you had bookings on affected cruise lines.
βœ“Monitor stock ratings for cruise companies as an indicator of financial health.

Questions This Creator Answers

QWhat happens when a cruise line files for bankruptcy?
QHow long might the cruise shutdown last?
QAre there any positive stories amid the pandemic?

Topics Covered

Value Pricing1Β½ Sad BaconShip Condition2Β½ Sad BaconService Crew2Β½ Happy Bacon

Port Highlights

Eastport
Los Angeles
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Video content sourced from the creator's original upload. Watch on YouTube