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Cruise Lines Rise Ahead of White House Meeting, Reports CDC Overruled

Published 09/30/2020, 12:16 PM
Updated 09/30/2020, 12:17 PM
© Reuters.

By Christiana Sciaudone

Investing.com --  The cruise lines are going to Washington. 

Cruise companies rose ahead of a Friday meeting at the White House with the heads of the lines to discuss a return to the seas, CNBC said. There are also media reports that Vice President Mike Pence overruled officials from the Centers for Disease Control on a decision to extend the No Sail Order, set to expire Wednesday, according to Credit Suisse (SIX:CSGN).

Royal Caribbean (NYSE:RCL) rose 2.8%, Norwegian was up 5.6% and Carnival (NYSE:CUK) rose 2.1%.

The CDC had been set to extend the order into 2021, but it is now expected to only be extended through October, in line with the Cruise Lines International Association’s voluntary extension, the firm said.

On Tuesday, Carnival's Cunard put new 2021 itineraries on the Queen Elizabeth on sale. The iconic ship will chart three to 14 night voyages around Europe before making her way through Asia to Australia to end the season, the company said in a statement. The ship will sail from Southampton and Barcelona.        

 

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