Carnival Threatens USA Cruise Ship Withdrawal to Salvage Summer Cruising

Cruise ship operator Carnival Corporation (NYSE: CCL) (NYSE: CUK) is threatening to shift its vessels out of the United States and begin offering sailings from foreign ports instead if the CDC doesn't change its stance on cruises soon, Christine Duffy, president of Carnival Cruise Line, said in a statement Tuesday. The news came after the CDC stood firm on maintaining its no-sail order until at least November.

Carnival announced this week it is suspending all American cruises until June 30. Duffy said, "While we have not made plans to move Carnival Cruise Line ships outside of our U.S. homeports, we may have no choice but to do so in order to resume our operations which have been on 'pause' for over a year." The company website's main page already prominently lists Bahamian, Mexican, and Caribbean cruises for people seeking an oceanic getaway.

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Source Fool.com