Carnival Corporation (NYSE: CCL) is lower so far on Monday on news that its Costa Cruises line may not be anywhere close to recovering from its ship accident woes off the coast of Italy. Weekend news of passenger robberies was one thing, but a new ship ‘incident’ is another thing.
News was out over the weekend that 22 of its passengers on a bus tour from the Carnival Splendor cruise out of Long Beach, California were robbed at gunpoint in Mexico last week. They were traveling by bus from a nature hike in the jungle to Puerto Vallarta back to port. The reports have masked gunmen intercepting the bus and stealing money, watches, cameras, and other belongings.
Now there is news that a Costa Cruise ship is adrift off of the Seychelles after a fire per the Italian Coast Guard:
- ROME (AFP) – An Italian cruise ship from the same fleet as the tragedy-struck Costa Concordia is adrift off the Seychelles with more than 1,000 people on board following a fire, Italy’s coast guard said on Monday.
While Carnival is probably not responsible for gunmen in Mexico robbing a bus, a fire that has a Costa ship adrift off of the Seychelles is not going to help matters. It is hard not to note that the Seychelles is “only” about 800 miles or so of open sea. It is unknown just where this ship is at the moment.
Carnival’s bad luck keeps rolling. Shares are down about 2% at $29.30 so far this Monday.
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