Stock Groups

Royal Caribbean joins rivals in canceling 2022 sailings to Russia -Breaking


© Reuters. FILEPHOTO: This is a view of the Symphony of the Seas (362-metres long) Royal Caribbean Cruises world-leading cruise ship during the World Presentation Ceremony. It was berthed at Malaga in Spain on March 27, 2018. REUTERS/Jon Nazca

(Reuters) – Cruise operators Royal Caribbean (NYSE:) Group Cruises, Viking Cruises, and other Western companies canceled Wednesday sailings to Russia. They joined their counterparts and other brands in suspending operation in Russia after the Ukrainian invasion.

Royal Caribbean owned Celebrity Cruises. It stated that St. Petersburg would no longer be on its itineraries. However, it said it would continue to visit Scandinavian ports.

Silversea Cruises said that it will reroute summer cruises which were to make stops in Russia or Ukraine. Royal Caribbean International, however, stated it had cancelled all of its St. Petersburg summer itineraries.

After the Omicron coronavirus virus variant forced operators earlier this year to cancel sailings, the changes to itineraries are yet another setback to the U.S. Cruise Industry’s recovery.

MSC Cruises (NYSE:) Holdings Ltd and Norwegian Cruise Lines (NYSE:) Holdings Ltd have also modified their itineraries recently, while Carnival Corp (NYSE:) Corp stated that it will follow.

Several Western brands including Ford Motor (NYSE) Co and Boeing (NYSE) Co joined an unprecedented wave corporate action against Moscow. Russia, however, calls the actions taken in Ukraine a “special operations”.

Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for loss or damages resulting from reliance on data including charts, buy/sell signals, and quotes. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.