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Messages - Host Mike

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1
Carnival currently owes around 43 BILLION dollars.  The stock is currently selling in the $8 range.  Could it go lower?  We'll see. (now where did I put my broker's phone number?)

2
Cruising Chatter / Why Cruise Line Stocks Plunged Again Today
« on: July 01, 2022, 04:00:56 PM »
"On Wednesday, Morgan Stanley analyst Jamie Rollo said in a report that he was worried that cruise line companies could ultimately face insolvency if their business conditions don't improve soon. And on Thursday, Citi leisure and travel sector analyst James Hardiman said during an interview on Yahoo! Finance Live that cruise companies are facing "some pushback on pricing," especially as ships get closer to operating at full capacity.

At the same time, operators are facing higher expenses due to rising labor costs, high fuel prices, and rising interest rates. So it's understandable that the market is skeptical about their futures."

https://www.nasdaq.com/articles/why-cruise-line-stocks-plunged-again-today

3
Cruising Chatter / Quantum of the Seas Engine Issue
« on: July 01, 2022, 03:55:36 PM »
"The email reads, “Due to a speed limitation caused by a technical issue with one of the ship’s engines, we’ve reduced our speed between ports and as a result, we’ve adjusted some of our arrival and departure times in Alaska and British Columbia.”

https://www.cruisehive.com/engine-issues-force-itinerary-changes-for-royal-caribbean-cruise-ship/75548

4
Cruising Chatter / Dust up?
« on: July 01, 2022, 03:51:57 PM »
"The skirmish started in a nightclub on the fifth floor of the Carnival Magic ship at around 2 a.m. after the angry lovers confronted their respective partners for two-timing on the seven seas, according to James, a travel agent who watched the fracas from her room.

The brawlers then began shoving each other and smashing beer bottles, and a woman may have been sliced during the melee, which quickly spiraled out of control, James said.

“Ignorant fools acting stupid,” she said.

The dust-up lasted roughly an hour and spilled into the casino area on the same level of the ship, she said."

https://nypost.com/2022/06/30/carnival-cruise-brawl-caught-on-camera-broke-out-over-alleged-cheating-passenger-says/


5
"At least 40 to 60 people joined the fray and the fight went on for an hour before onboard security got everyone under control. Still, the Coast Guard escorted the ship to its scheduled final stop and police first responders were waiting on the dock. "

https://jalopnik.com/cruise-ship-calls-in-coast-guard-after-massive-brawl-on-1849133505

6
'The cruise ship Norwegian Sun hit a piece of an iceberg on Saturday, sustaining damage to its starboard bow, according to a statement from the U.S. Coast Guard (USCG).

A member from the Coast Guard Sector Juneau Prevention Team and contracted divers assessed damage to the right front side and determined the ship was seaworthy to go back to Seattle, its home port, for repairs, the release states.'

https://www.wyff4.com/article/alaska-cruise-ship-hits-piece-of-iceberg/40484748

7
I'm seeing on the Princess website higher prices along with the $1 deposit deal today on my two 2023 February bookings.  Go figure.

8
"Morgan Stanley analysts slashed their base case price target to $7, according to Bloomberg, and maintained an Underweight rating on the stock. In a worst, or “bear case” scenario, Carnival’s (ticker: CCL ) price could reach zero, they added."

"A Carnival spokesperson said the company was “making strong progress” as it continued to restart its fleet around the globe.

“There is pent-up demand for cruising and our occupancy levels continue to rise with our Carnival Cruise Line brand at 100% last quarter and forecasting 110% occupancy for the third quarter,” the spokesperson said in an emailed statement."

https://www.barrons.com/articles/carnival-cruise-stock-price-target-cut-51656504056

9
"The word evokes visions of a megaship, noisy and full of kids, he said, adding that the Viking product is different. It's for that reason that Hagen is stripping "cruising" from the brand's name."

"Hagen pointed me to a list of reasons Viking is unlike other ocean-oriented vacation brands: No kids under 18, no casinos, no umbrella drinks, no inside staterooms and no formal nights. The list goes on, like no charges for WiFi or laundry."

https://www.travelweekly.com/Cruise-Travel/Insights/Why-Viking-drops-the-word-cruise-in-its-brand

10
"Overall, Starlink has blown my cruising Wi-Fi expectations out of the water."

https://www.royalcaribbeanblog.com/2022/06/28/i-tried-elon-musks-starlink-internet-royal-caribbean-cruise-ship

11
"Celebrity Cruises will allow solo cruisers to sail at the same rate as those who book double occupancy on nearly 300 cruises to the Caribbean, Alaska, and Europe through next March."

https://cruisefever.net/cruise-line-eliminates-single-supplement-on-over-275-cruises-through-march-2023/

12
"Norwegian Cruise Line canceled the remainder of the Norwegian Escape sailing that was scheduled to end Saturday after the vessel collided with the channel bed in Puerto Plata in the Dominican Republic on Monday."

"The cruise line said in a statement that "while there is minor damage to the ship's hull, all guests and crew are safe. The current cruise will be shortened, and the cruise scheduled to embark on March 19 will be canceled so that the necessary repairs can be made."

https://www.usatoday.com/story/travel/cruises/2022/03/17/norwegian-cruise-ship-canceled-passengers-limbo/7082765001/


13
"On Monday, the Juneau Empire reported the ship sustained damage after divers inspected it and it had to return to Seattle for repairs, according to Petty Officer 1st Class Nate Littlejohn, a Coast Guard spokesperson."

https://nypost.com/2022/06/28/norwegian-cruise-ship-hits-small-iceberg-in-alaska-reports/

14
"A letter was also sent to all guests from the ship’s captain, which said, “As you may have heard from my previous announcement, in an abundance of caution, we have made the decision to cancel the remainder of Norwegian Sun’s June 21, 2022 voyage. As such we will be setting sail from Juneau (today at 2:25p), returning directly to Seattle.”

Norwegian Sun departed the dock in Juneau at approximately 2:15 PM and will sail directly back home to Seattle, Washington, at reduced speed and is expected to arrive on Thursday morning."

https://www.cruisehive.com/norwegian-cruise-line-cancels-remainder-of-voyage-after-ship-hits-iceberg/75287


15
"MANHATTAN (PIX11) — A dance-floor brawl broke out on a Carnival cruise ship early Tuesday, prompting police to meet the vessel ahead of its scheduled Manhattan docking, authorities and officials said."

https://www.wfla.com/news/national/dance-floor-brawl-breaks-out-on-cruise-ship-ahead-of-docking/

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