Happy Independence Day!




 HAPPY INDEPENDENCE DAY - ENJOY YOUR JULY 4TH

For Fireworks Information see on July 2nd Blog entry.

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PREDICTIONS: The Future of the Cruise Industry

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Here is my prediction of the future impacts of the coronavirus on the cruise industry in the months / years ahead.  Basically the damage has been done and it will be a long time before cruise passengers have confidence to return to the ships.

In the near term 1-6 months:
When cruise lines resume operations after a temporary suspension, a good number of their ships will remain laid-up. They just will NOT be able to fill all the ships right away.The number of cruise ports that prohibit cruise ship calls will increase. Bergen, Norway just joined the list of  destinations saying - "No Thanks" to the cruise lines. Ships will be laid up due to the lack of demand. Itineraries will be altered based on the health of those onboard. Potentially sick passengers will cause ports to be skipped or passengers to be quarantined. Cruise capacity in Europe will be ratcheted back significantly.Additional cruise lines will sporatically lay up ships, especially in seasons where demand…
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Cruise Lines Place Ships on the for Sale List.

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As reported in my earlier predictions for the cruise industry during / post coronavirus - many of my predictions are coming true including the premature scrapping of cruise ship well before their time.
Read Prior Cruise Industry Prediction articles



Carnival Corporation announced that up to 6 ships will be sold / scrapped in between now and the end of the month.

Already the Costa Victoria, of Carnival Corp's Costa Cruises,  which was supposed to be used as an accommodation ship for shipyard workers has now reportedly been sold for scrap. Additional ships reported on the for sale list include the Carnival Fantasy class ships and in a surprise move the Carnival Sunrise, which just recently completed a massive $100M refit is on the for sale list for $350K.

Reports that Royal Caribbean has also placed a number of ships on the for sale list including the Grandeur of the Seas, Rhapsody of the Seas and the Empress of the Seas. 

In a recent interview, the President of Norwegian Cruise Li…
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Predictions for the Cruise Industry Part III - Why Are Cruise Ships Being Scrapped?

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Now that the pause in cruise operations enters its fourth month, the future of cruising this year does not look good. As predicted earlier cruise lines are starting to dispose of ships well before the end of their natural lives. This action is being driven by a number of underlying circumstances. One is the lack of demand for cruises in the near future. In addition, some of these older ship's accommodations do not offer balcony cabins. Forward looking most passengers will desire balcony cabins due to the fear of an outbreak of coronavirus and fear of being quarantined in their cabin. 
It is expected that the demand for inside and outside cabins will definitely be less and the cruise lines will be forced to sell those at a much steeper discount. For these older ships, which do not offer many balconies, the revenue generated will be far less than those of ships which consist mostly of balcony accommodations.
In addition, these older ships tend to be more expensive to ope…
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