Most major cruise lines are planning to resume sailing at the end of April or soon thereafter. One of the most pressing questions is whether passengers will be required to be vaccinated. The industry’s reboot is possible under the CDC’s Framework for Conditional Sailing Order , which charters a pathway for cruise lines to resume sailing through adhering to a set of strict Covid-19 protocols, including a rigorous testing regimen. The order was announced last fall, months before the vaccine rollout began. To date, only three small-ship cruise lines have announced that they will require passengers to be vaccinated for Covid-19 before setting sail. The first, UK-based Saga Cruises, announced last month that it will require all cruise passengers to receive the Covid-19 vaccine at least two weeks prior to boarding. In North America, Indiana-based river cruise line American Queen Steamboat Company and its sister line, Victory Cruise Lines, announced a similar directive that will … [Read more...] about Here’s What May Push Cruise Lines To Mandate Passenger Vaccinations
Gratuities norwegian cruise line
P assengers on a two-week luxury cruise were kept on board an extra day when the ship suddenly changed course. The reason for the diversion had nothing to do with Covid-19 cases on the ship, for a change. This time, the ship was blown off course by strong legal headwinds. Last week, a U.S. judge granted an order to seize the Crystal Symphony as part of a lawsuit over millions of dollars in unpaid fuel bills to Peninsula Petroleum, a bunker supplier of fuel for ships. The Symphony had been scheduled to arrive in Miami on Saturday, January 22. But faced with news that the ship would be met by a U.S. marshal, the cruise line diverted the ship, with hundreds of passengers aboard, to Bimini, an island in the Bahamas. Passengers were alerted on early Friday afternoon to the change in plans. “We are currently on the Symphony which was scheduled to dock in Miami tomorrow morning with future cruises canceled at least for the next several months,” one passenger posted in an … [Read more...] about Cruise Passengers Kept On Board An Extra Day After Judge Issued Arrest Warrant For Ship
The COVID-19 pandemic took the world by storm in 2020 and forever changed the way we interact with one another. Companies like Zoom helped shift traditional corporate dynamics of in-person meetings, while Peloton underscored the need for in-home exercise equipment. Although some facets of the travel industry such as cruise lines and hotels have struggled during the pandemic, the online lodging marketplace Airbnb ( NASDAQ:ABNB ) has thrived. Despite generating record revenue and profit in third-quarter 2021, the stock is only up 8% over the last 12 months compared to the S&P 500 return of 27%. As the stock hovers near all-time lows, now may be a unique opportunity for investors to buy the dip. Out with the old, in with the new In a pre-pandemic world, it was not uncommon for people to go on vacation for a couple of weeks and spend the remainder of their time working at an office. This dynamic has changed significantly over the last two years, as people now have … [Read more...] about Will Airbnb’s Momentum Continue in 2022?
- A + A OSLO/STOCKHOLM (Jan 24): Mowi ASA, the world's biggest producer of Atlantic salmon, plans to buy competitor NTS ASA in a deal that values the shares at 13.8 billion kroner (US$1.55 billion) as the traditional Norwegian industry is consolidating. The combined cash and stock offer of 110 kroner per share will be settled 50% in cash and 50% in Mowi shares, according to a statement on Monday. The acquisition would add another 84,000 metric tons to Mowi's existing harvest of 466,000 tons of Atlantic salmon a year. Norwegian salmon and trout exports have more than doubled in value since 2012 as the red-fleshed fish gains in popularity. Conditions in the fjords are difficult to replicate outside of the region, supporting a sector that is one of Norway's top exports. The offer comes amid a boardroom dispute over the future of NTS after it beat out SalMar ASA to acquire a 68% stake in Norway Royal Salmon ASA — before orchestrating a merger with its own SalmoNor AS … [Read more...] about World’s biggest salmon farmer offers US$1.6 billion for rival
Share to Twitter Share to Linkedin Tesla’s (TSLA) market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz (HTZ), which might not even happen. Even if it does come to pass, the Hertz order is a drop in the bucket of growth expectations baked into Tesla’s valuation. Tesla needs 155 Hertz-sized orders to justify the revenue expectations in its stock price. Put another way, the $1.2 trillion valuation implies Tesla owns 60%+ of the entire global passenger EV market and becomes more profitable than Apple (AAPL) by 2030. This report provides objective perspective on how outrageously high the valuation of Tesla stock is and the clear impracticality of the company meeting the expectations baked into its valuation. Tesla’s Valuation vs. Competitors Makes No Sense Tesla’s market cap is now greater than the next 10 largest (ranked by market cap) auto manufacturers … [Read more...] about Tesla: $1 Trillion Of Speculation