Select Cruise Lines Suspend Operations, Stocks Plummet, President Addresses the Nation.
Princess Cruises - Temporarily Suspends Operations - Video Jan Swartz The heightened awareness around the coronavirus has been amplified by President Trump's address to the nation on 3/11/20. The speech, which did not instill confidence in the public, has caused an already devastated cruise industry to take further blows. Here is a synopsis of the changes in the past 24 hours. While addressing the nation on 3/11/20 President Trump imposed the following: No foreign nationals from European countries will be permitted into the US. Exception: UK Residents. American Citizens traveling to most of Europe will need to self- quarantine themselves for a 2 week periods following their return to the US. The majority of European cruises are filled by American Citizens - with the new ruling, cruise cancellations spiked significantly. In reverse, many Europeans travel to Florida to embark on Caribbean Cruises. With the changes above they will NOT be p...
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