NCL Leaves Port Over Danger, Bahamas Sees Surge In Cruisers

Editorial Summary

Doug Parker reports on several significant developments within the cruise industry. Norwegian Cruise Line has cancelled all scheduled 2023 stops in Israel due to safety concerns in the Middle East. This decision follows similar moves by Royal Caribbean and Celestyal Cruises. Meanwhile, the Nassau cruise port in the Bahamas is experiencing a significant surge in traffic. The port has already surpassed its 2022 passenger numbers, welcoming 3.2 million passengers so far. Port CEO Mike Mara Jr. attributes this growth to collaborative efforts between the port team, the Bahamian government, and industry partners. The port expects to reach a record 4.2 million passengers by the end of the year. In other news, Carnival Cruise Line announced new itineraries for the Carnival Miracle. The ship will operate 16 European cruises starting in 2025 before repositioning to Tampa. Additionally, the company is adding over 100 itineraries to its new Celebration Key destination in Grand Bahama, which is scheduled to open in June 2025. Finally, the report notes mixed performance for cruise line stocks, with Carnival Corporation, Royal Caribbean, and Norwegian all seeing varying levels of movement on Tuesday.

Written by TripBacon from this video's transcript.