Send me real-time posts from this site at my email

With Its Latest Guidance, the CDC Inches Closer to Letting Cruise Ships Sail

The U.S. Centers for Disease Control and Prevention (CDC) is inching closer to getting cruise ship operators back to sailing again, but it's moving at a glacial pace that continues to harm the industry.

Yesterday, the CDC issued its phase 2B and 3 guidelines of its conditional sailing orders that give cruise lines technical instructions on how to conduct simulated voyages. It says the industry has "all the necessary requirements and recommendations they need to start simulated voyages before resuming restricted passenger voyages."

It's not the all-clear sign the industry needs or wants, but it's another step forward.

Image source: Getty Images.

Under the guidelines, cruise operators can test their safety plans by conducting simulated voyages with volunteer passengers who have been fully vaccinated against COVID-19. They must sail for two to seven days with at least one overnight stay and agree to be monitored for a period of time afterward.

Cruise operators can skip the simulations if they vow that 98% of their crew members and 95% of their passengers are vaccinated.

Norwegian Cruise Line Holdings (NYSE: NCLH) previously asked the CDC to waive its requirements because the company is requiring 100% of its crew and passengers to be vaccinated. Both Carnival (NYSE: CCL)(NYSE: CUK) and Royal Caribbean (NYSE: RCL) say they're monitoring the agency's guidance on how best to proceed.

The situation is complicated because Florida banned the use of so-called "vaccine passports" before being able to participate in daily life. Gov. Ron DeSantis is suing the CDC to allow cruise lines to begin sailing immediately.

"If you look at what's going on in Europe, in Asia, and in other parts, these cruise lines are sailing," he said. "They have been sailing safely even in areas where there's not widespread vaccine availability."

Norwegian says once it gets CDC approval, it will work with the governor to begin sailing out of Florida.

10 stocks we like better than Norwegian Cruise Line Holdings
When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.*

David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Norwegian Cruise Line Holdings wasn't one of them! That's right -- they think these 10 stocks are even better buys.

See the 10 stocks

*Stock Advisor returns as of February 24, 2021

Rich Duprey has no position in any of the stocks mentioned. The Motley Fool recommends Carnival. The Motley Fool has a disclosure policy.


Source

Popular posts

Welcome! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue