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Fuel costs are down and experience-based spending is holding up as baby boomers show taste for going to sea
Cruise group’s shares improve, but debt remains a concern
Shares in Carnival, Royal Caribbean and Airbnb have surged as consumers keep spending
Passenger bookings have bounced back but the industry’s balance sheets are far from shipshape
Industry remains paralysed after several coronavirus outbreaks early in pandemic
Requirement of 25% cap on ratio of secured debt to assets could see collateral float away
Many of the seafarers are citizens of India, which has imposed tight restrictions on travel into the country
Credit Suisse calls the group’s weakness ‘a great buying opportunity’
Dollar earners such as Carnival among top performers after sterling retreats sharply
Next year’s industry plan to target a younger audience, including ‘voluntourism’, could do wonders
Resurgent pound pushes FTSE 100 to its sharpest weekly fall since April
Bulk-metals miners top FTSE 100 performers after Citigroup turns positive on sector
Wall Street’s three main indices all retreat by 0.9%
US stocks rally but shares of cruise ship operators face sell-off
London rally led by dollar earners such as HSBC
UK stocks climb to a 14-month high as sterling hits a four-week low
Royal Caribbean, Carnival and MSC spend millions updating their ships
Analysts expect regulators to toughen the rules for auto manufacturers
Expanded fleet in China, which has become an important source of growth for the cruise operators
Good times suggest that industry has turned corner after Costa Concordia tragedy
BlackRock, Aberdeen and Schroders among six managers accused of supporting controversial proposals
International Edition