Another week, another round of cruise industry cancellations. Last week it was Carnival (NYSE:CCL) (NYSE:CUK) pushing out most of its sailings into 2021. Only a half-dozen Carnival ships will be cruising on voyages leaving exclusively out of two Florida ports starting early next month.
On Monday it was Norwegian Cruise Line Holdings (NASDAQ:NCLH) suspending all of its November sailings across all three of its brands. The clock is now ticking on Royal Caribbean (NYSE:RCL). Will it follow Norwegian Cruise Line and just call November off? Will it follow Carnival and hold off until next year, keeping a few ships to test the local waters next month? Will it carve its own path?
Ports of stall
There was initially a sigh of relief last week when the Centers for Disease Control and Prevention (CDC) extended its No Sail Order only through the end of October. However,