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Norwegian Cruise Gains On Plans To Resume Services At More Destinations

Published 04/06/2021, 09:01 AM
Updated 04/06/2021, 09:04 AM
© Reuters.

By Dhirendra Tripathi

Investing.com – Shares of Norwegian Cruise (NYSE:NCLH) were up by 1.5% in premarket Tuesday, as the company gave more information on its plans to reopen in more geographies.

The company revealed a two-pronged plan for phase-wise resumption of voyages embarking outside of the U.S. The sailings originating in Jamaica, Dominican Republic and Greece will begin in July.

The cruise operator had said on Monday it had submitted its plan to resume operations from U.S. ports July 4 onwards to the U.S. Centers for Disease Control and Prevention. The proposal, Norwegian said, included full and complete vaccinations of guests and crew.

Shares of Carnival (NYSE:CCL) and Royal Caribbean (NYSE:RCL) gained too, each rising by 0.3% to 0.5%.

Cruise liners have been amongst the hardest hit by the restrictions imposed by several countries last year to control the pandemic. But as vaccinations roll out and life at many place returns to normal, there are hopes that travel and leisure businesses will boom.

The CDC on Friday issued new guidance to the cruise ship industry, including the need for vaccinations.

 

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