Should I Buy Carnival?

Who doesn’t remember the Costa Concordia disaster, which killed 32 people in Jan. 2012? That was swiftly followed by a blaze on board sister liner Costa Allegra, which knocked out the power supply. Companies take time to recover from that kind of brand damage. Worse, the mishaps have continued this year — with three cruise liners all suffering technical problems

Should I Buy Carnival? Motley Fool
No such thing as bad publicity for cruises? -TravelMole

Executive Claims CARNIVAL TRIUMPH, CARNIVAL are the tip of the iceberg.

eReleases (press release)
American Flagship Executive Claims CARNIVAL TRIUMPH, CARNIVAL SPLENDOR and Even COSTA CONCORDIA Are But “Tip of the Iceberg”. NEW YORK, Feb. 18, 2013 /PRNewswire-USNewswire/ — World City America Inc. President Stephanie Gallagher asks when will U.S. politicians and reporters ask the right questions about this NON-U.S. industry? American passengers account for over 90 percent of the revenues earned by over 150 foreign-flag cruise ships sailing out of U.S. ports. It’s a $40 BILLION-a-year industry that competes unfairly with American hotels, resorts, casinos and convention facilities. “Unfairly” because it is exempt from U.S. safety, environmental and labor regulations. It DOES NOT pay U.S. corporate taxes on its profits, and it is not required to hire American officers or crew.
American Flagship Executive Claims CARNIVAL TRIUMPH, CARNIVAL SPLENDOR and Even COSTA CONCORDIA Are But “Tip of the Iceberg” ereleases
Interview with Alberto- Rescuer of the Costa Concordia Passengers … Capturing Lavita.com

Long-Term Impact From the Costa Concordia Cruise Disaster?

Cruise Critic
January 8, 2013. Long-Term Impact From the Costa Concordia Cruise Disaster? Tweet. Special: The Costa Concordia Disaster, 1 Year Later ) — The Costa Concordia tragedy shined a bright light on cruising and the industry’s safety precautions. In the year since the tragedy, the cruise industry has vowed to monitor and improve safety standards.

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Concordia disaster prompted ‘purge of captains’

Travel Weekly UK
WTM 2012: The Costa Concordia tragedy prompted a number of other cruise lines to review the behaviour of senior officers, with some captains relieved of their duty. Former Fred Olsen Cruise Lines marketing director Nigel Lingard, speaking at a Travel Weekly debate at World Travel Market, indicated the practice of “sail pasts” close to land was not isolated to Costa.

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Cruise Industry Is Throttling Up Again, a Year After Costa Concordia

DailyFinance
The cruise industry is starting to regain its sea legs.Shares of Royal Caribbean (RCL) coasted higher on Thursday after posting an encouraging quarterly report — and market leader Carnival (CCL) followed suit. Most of the cruising industry news this year has been disheartening, largely stemming from the grounding ofCosta Concordia off the Tuscan coast of Italy. The incident in January left at least 30 people dead. It was a tragedy in of itself

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Cruise industry rebounding from ship accident, woes in Europe

Los Angeles Times
Industry leaders and analysts say the $37-billion industry is slowly rebounding from the crash of the Costa Concordia on rocks near the Tuscan island of Giglio in January and Europe’s economic woes. With the peak cruise booking period set to begin in January, industry executives say cruise trip reservations seem to be on the rise. A survey of 300 travel agents in North America in July found that 64% expected bookings in 2012 to surpass last year’s numbers.

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