Princess Chatter

"Here’s a look at the current status of operations at more than three dozen river, ocean and expedition cruise brands that market to North Americans:

Adventure Canada has canceled all 2020 departures.

AmaWaterways has canceled all sailings through May 31.

American Cruise Lines has canceled all sailings through May 17.

American Queen Steamboat Company has canceled all sailings through May 16.

Avalon Waterways has canceled all sailings through June 30.

Azamara has canceled all sailings through June 11.

Bahamas Paradise Cruise Line has canceled all sailings through May 6.

Carnival Cruise Line has canceled all sailings through June 26. Sailings on some ships have been canceled into the fall.

Celebrity Cruises has canceled all sailings through June 11. Sailings in Alaska have been canceled through the end of June.

Celestyal Cruises has canceled all sailings through June 28.

Costa Cruises has canceled all sailings through May 30.

Cunard Line has canceled all sailings through May 15.

Crystal Cruises has canceled all sailings through the end of May. The line also has delayed to debut of its new expedition ship, Crystal Endeavor, until Nov. 14.

Disney Cruise Line has canceled all sailings through May 17. The line also has canceled all Alaska sailings through the end of June.

Emerald Waterways has canceled all sailings through June 30.

Hapag-Lloyd Cruises has canceled sailings into May with ships scheduled to resume service at varying dates. The current plan is for Europa and Europa 2 to resume sailing on May 9 and May 13, respectively. Hanseatic Inspiration, Bremen and Hanseatic Nature are scheduled to return to service of May 18, May 23 and May 30, respectively.

Holland America has canceled all sailings worldwide through June 30. The line also has canceled all Alaska sailings for 2020 on Maasdam, Noordam, Oosterdam, Volendam and Westerdam.

Hurtigruten has canceled its international expedition sailings through May 12. The line has canceled its coastal sailings in Norway through May 20. In addition, cruises in Alaska have been canceled through July 1.

MSC Cruises has canceled all sailings through May 29.

Norwegian Cruise Line has canceled all sailings through May 14. Voyages on Norwegian Sun have been canceled through Oct. 18.

Oceania Cruises has canceled all sailings through May 10.

Paul Gauguin Cruises has canceled all sailings through May 7.

Ponant has suspended operations until further notice.

Princess Cruises has canceled all sailings worldwide through June 30. The line also has canceled all Alaska sailings for 2020 on Coral Princess, Grand Princess, Pacific Princess, Royal Princess, Star Princess and Golden Princess. Sailings on Enchanted Princess have been canceled through July 31. Sailings on Diamond Princess and Sun Princess have been canceled through Aug. 4 and Sept. 4, respectively.

Regent Seven Seas Cruises has canceled all sailings through May 14.

Royal Caribbean has canceled all sailings through June 11.

Scenic Luxury Cruises & Tours has canceled all sailings through June 30.

Seabourn has canceled all sailings through June 30.

SeaDream Yacht Club has canceled all sailings through May 7.

Silversea has canceled all sailings through mid-May. The line’s ships now are scheduled to resume service on various dates between May 13 and July 2.

Tauck has canceled all sailings through May 15.

UnCruise Adventures has canceled departures in April and a handful of early May sailings.

Uniworld Boutique River Cruise Collection has canceled all European sailings through April 23. The river cruise specialist has canceled Egypt sailings through May 1.

Victory Cruise Lines has canceled all sailings through May 16.

Viking has canceled all sailings through the end of June.

Virgin Voyages has postponed its inaugural voyage until Aug. 7.

Windstar Cruises has canceled all sailings through May 21."

"Shares of Carnival Corp. CCL, +5.99% took an 10.1% dive in morning trading Monday, after the cruise operator said it has cancelled all North American cruise itineraries through June 26. The company said it also cancelled all Carnival Sunrise itineraries out of New York to the end of this year. "This is disappointing, but we are committed to being a strong partner with the government and taking steps to maintain public confidence in our business," Carnival said in a statement released in a tweet. Late last week, the Centers for Disease Control and Prevention extended the No Sail Order for cruise ships for roughly three months in response to the COVID-19 pandemic."

https://www.marketwatch.com/story/carnivals-stock-dives-after-cruises-cancelled-through-june-26-in-wake-of-cdcs-extended-no-sail-order-2020-04-13

"Carnival has been destroyed by the COVID-19 pandemic. In an effort to survive, the company has raised over $6 billion in cash and as a result of this, will be able to survive the next year avoiding bankruptcy. This reassurance and the announcement of a major stake by Saudi Arabia have boosted investor sentiment and has shot the stock up 50% from its lows of around $8. Unfortunately, this recovery will not last and a second wave is coming. As restart deadlines continue to be pushed back and more cruises get cancelled, the situation for Carnival will get worse and last much longer than what many believe, forcing the company to once again take desperate actions that hurt common shareholders. Factoring in this risk, I believe a more reasonable valuation for Carnival is around $6-8 and soon the stock will be heading toward these levels."

https://seekingalpha.com/article/4337636-dont-be-fooled-carnival-will-crash-again

"(Reuters) - Carnival Corp <CCL.N> Chief Executive Officer Arnold Donald defended the company’s safety record on Thursday, telling reporters in a media call that Carnival followed protocols from international authorities while handling high-profile coronavirus outbreaks aboard two of its ships."

https://finance.yahoo.com/news/carnival-ceo-defends-companys-safety-231139110.html

"Carnival's business structure is unusual in that it incorporates two separate legal entities that nevertheless function as a single economic entity. Carnival Corporation has common stock under the ticker CCL on the New York Stock Exchange (a subsidiary of Intercontinental Exchange), and that has by far the greater volume of shares changing hands each trading day.

Meanwhile, Carnival PLC has stock that primarily trades on the London Stock Exchange. However, to make things even more complicated, shares of Carnival PLC are also available on the NYSE under the different ticker symbol CUK. That means U.S. investors have easy access to two separate stocks -- both of which are tied to Carnival."

https://www.fool.com/investing/2020/04/15/why-does-carnival-have-2-stocks-and-which-is-the-b.aspx

"After the nation's top disease response agency posted orders keeping cruise ships docked last Wednesday night, extending the ban through August, the White House Coronavirus Task Force stepped in to cut it by 20 days."

https://www.usatoday.com/story/travel/cruises/2020/04/13/coronavirus-cruise-ships-saw-red-flags-amid-chaotic-federal-response/2937001001/

"A waiter or someone who handles food on the Ruby Princess was the likely source of a deadly outbreak of coronavirus in Australia, NSW Police have revealed."

https://amp.rnz.co.nz/article/3e8fac5b-1f70-4c51-a440-ecba68b51c68

"Some crew members from Holland America Line, Princess Cruises, Seabourn, and P&O Cruises Australia will take pay cuts in the coming months, according to a letter sent to crew members dated April 9. Business Insider viewed photos of the letter."

https://www.businessinsider.com/leaked-memo-reveals-pay-cuts-for-some-carnival-crew-members-2020-4