CDC Rejects Cruise Industry Push To Resume Sailing, Sending Stocks Tumbling

The CDC reiterated on Wednesday a conditional sail order restricting cruising in the U.S. will remain in place until November, in an apparent response to a call from cruise industry lobbyists to resume sailing this summer, causing cruise stocks to plunge.

Cruise Lines International Association expressed frustrations the CDC has not put out any additional guidance on sailing since its Conditional Sailing Order was issued in October. Following the CDC's statement at 2 p.m., investors dumped shares of the three big cruise companies—Carnival, Royal Caribbean and Norwegian Cruise Line—with the stocks closing the session off 1.9% to 4.9%."The lack of any action by the CDC has effectively banned all sailings in the largest cruise market in the world," Cruise Lines International Association said."Cruising is the only sector of the U.S.

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MrTarleton

Sailing schedule need to be revised.We have much more knowledge of the virus.revisecruisedate.

CDC exceed and abuse their authority over the only industry they have control over. That abuse of power must end.

🙄🤔Resume! With no countries to disembark

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