The Carnival Liberty cruise ship is seen after docking so crew members can receive the COVID-19 vaccine at Port Canaveral, the first U.S. port to sponsor the distribution of the COVID-19 vaccine to dock workers and ship crew members.
Paul Hennessy | LightRakete | Getty Images
Shares in carnival rose 7% after the Tuesday Company announced plans Resuming guest cruises at 75% of total fleet capacity by the end of the year, despite concerns about the spread of the more contagious Delta-Covid variant.
The company will resume operations with 54 ships from eight of its nine brands. The Carnival Cruise Line, which has already been commissioned again, will also bring back the remaining nine ships in its fleet by the end of the year.
These joint steps will bring Carnival’s overall operating capacity to 75%, the company said.
Over the past few weeks, Carnival stock has fallen nearly 33% from its 52-week high of $ 31.52 on June 8. The stock has fallen more than 2% since the start of the year.
On Monday, Carnival fell 5.7% on concerns about the spread of the Covid Delta variant and after one Appeals court has decided on Saturday temporarily maintaining pandemic restrictions on the industry.
The cruise industry is among the last to return to pre-pandemic operations after several high profile activities outbreaks on board ships at the beginning of the health crisis. The Centers for Disease Control and Prevention have imposed strict health guidelines on the industry to help prevent further outbreaks.
Carnival Cruise Line Resumption of cruises from the USA on the first weekend of July after cruise operations ceased during the pandemic.
The company will require unvaccinated passengers Take out travel insurance that covers Covid-related costs. Royal Caribbean Cruises also applies this policy.