CDC lifts ban on cruises

The FINANCIAL —  The Centers for Disease Control and Prevention (CDC) issued a Framework for Conditional Sailing Order that introduces a phased approach for the safe and responsible resumption of passenger cruises.  The Order establishes a framework of actionable items for the cruise…

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Carnival Cruise Line cancels cruises until spring 2021

The FINANCIAL — Carnival Cruise Line has announced they are canceling further cruises amid the ongoing uncertainty of the COVID-19 pandemic. Carnival also announced that it sold the Carnival Fascination and Carnival Imagination, both launched in the mid-1990s, as it moves to remove less…

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CDC extends ban on cruises

The FINANCIAL — On July 16, 2020, CDC extended the No Sail Order and Suspension of Further Embarkation. This order renews the No Sail Order and Other Measures Related to Operations signed by the CDC Director on March 14, 2020, as further modified…

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Disney is closing its theme parks around the world

The FINANCIAL – Disney is closing its theme parks worldwide over coronavirus fears. The Walt Disney company will pay its cast members during that period. Disney Cruise Line will also suspend new departures. Meanwhile, worker at Disneyland Paris has tested positive for the…

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