U.S. CDC announces the end of cruise prevention and control projects, cruise stocks closed up across the board

Zhitong Finance APP was informed that on Tuesday, Eastern Time, after the US Centers for Disease Control and Prevention (CDC) announced the end of the cruise prevention and control program, Carnival Cruise Line (CCL.US), Royal Caribbean Cruises (RCL.US) and Norwegian Cruise Line (NCLH) .US) and other cruise concept stocks closed up.

The CDC said Tuesday that its coronavirus prevention and control program for cruise lines has officially ended. It is understood that the CDC previously required all boarding passengers to be tested for the new crown, while encouraging all tourists and employees to be vaccinated, and outlined specific quarantine procedures in the event of an outbreak. And earlier this year, the program was adjusted from mandatory to voluntary compliance.

The CDC said it will still advise the industry on how to handle the outbreak, but companies can use their own strategies to deal with the outbreak. That means cruise lines can set their own policies on vaccination, testing and quarantine requirements.

After the announcement, as of the close, Carnival Cruises closed up about 7% on Tuesday to $10.36, Lindblad Expeditions (LIND.US) rose more than 7% to $7.71, and Royal Caribbean Cruises rose nearly 6 percent to $36.36, while Norwegian Cruise Line rose about 3.7 percent to $12.85.

The cruise industry has been faltering since the onset of the pandemic and is aiming to return business to pre-2020 levels in the near term. Analysts commented that the CDC’s policy changes are expected to bring more flexibility to the cruise industry and will allow more tourists to be admitted while reducing industry costs.

Stifel analyst Steven M. Wieczynski said: “While we fully expect cruise operators to continue to require passengers to be vaccinated prior to travel, we believe this news will give cruise operators a boost in accepting younger travelers. more flexibility.”