Princess Cruises Successfully Completes First Voyage Since 2020

The Majestic Princess returned to Seattle on Sunday, concluding its sailing to Alaska and marking the first successful United States voyage for Princess Cruises following the extended pause in operations, according to a press release.

The ship became the line’s first ship to return to service, kicking off the partial season of Alaska sailings departing through September 26, 2021. The round-trip, seven-day cruise visited Glacier Bay National Park, Juneau, Skagway and Ketchikan.

“Welcome back to Princess, is what I said to our guests while I was cruising with them onboard Majestic Princess for our first Return to Alaska cruise,” said Jan Swartz, Princess Cruises president. “From the very beginning, Alaska has been at the core of Princess Cruises and has really helped shape the very essence of who we are today. While visiting ports of call, I personally expressed my gratitude to our port partners and elected officials who were instrumental in our return and joined me in warmly welcoming guests to their picturesque communities.”

This fall, Princess Cruises will begin sailing from Los Angeles, San Francisco, and Ft. Lauderdale. Starting between September 25 and November 28, 2021, cruises onboard eight Princess MedallionClass ships will once again take guests to the Caribbean, Panama Canal, Mexico, Hawaii, and the California Coast.

Princess cruises sailings through 2021 are available for guests who have received their final dose of an approved COVID-19 vaccine at least 14 days prior to the beginning of the cruise and have proof of vaccination. Crew vaccinations will be in accordance with CDC guidelines.

CDC Halts J&J Vaccine Causing Cruise Stocks To Fall

Cruise Line stocks are under pressure today after the Food and Drug Administration and the Centers for Disease Control announced they will stop using the Johnson & Johnson vaccine at federal sites and urge states to do so as well while they investigate safety issues.

The NY Times reports that the single-dose coronavirus vaccine is being pulled after six recipients in the United States developed a rare disorder involving blood clots within about two weeks of vaccination, officials briefed on the decision said. All six recipients were women between the ages of 18 and 48.

This is particularly bad news for the cruise lines that have been fighting the CDC over the current US cruise ban which some operators consider overly strict. Last week the state of Florida sued President Joe Biden’s administration in federal court seeking to block the Centers for Disease Control and Prevention’s decision to prevent the U.S. cruise industry from immediately resuming operations which have been paused for a year because of the coronavirus pandemic.

Shares of Norwegian Cruise Lines $NCLH, Carnival $CLL, and Royal Caribbean $RCL were all down a few per cent in the premarket this morning immediately after the news was announced.

Fincantieri Reveals Plans for Major New Shipyard in Yucatan, Mexico

Italian shipbuilding group Fincantieri has revealed plans to manage a major new shipyard in Mexico’s Yucatan state capable of servicing some of the world’s largest cruise vessels, cargo ships and oil and gas vessels.

Fincantieri this week signed a letter of intent related to the project with the Yucatán Government offering Fincantieri a 40-year concession for the exclusive management of a new ship repair, conversion and maintenance yard at the Port of Progreso, the state’s main port located about 35km from the capital city of Merida. Fincantieri will also take part in the design and construction of the site.

The company said plans are to have two masonry dry docks, said to be “the largest in the Americas,” which will be able to hold ships up to 400 meters in length, “particularly cruise ships, large cargos and Oil & Gas vessels, which need complex operations,” Fincantieri said in a press release. The yard will also have a lifting platform for units up to 150 meters in length, about 1,000 meters docks, cranes, workshops, special equipment, offices, and warehouses, it said.

Construction is scheduled to begin in the first half of 2021 with completion by 2027 “after various steps,” the company said.

The government is expected to directly manage the initial work through a special purpose company that will handle the dredging and construction of infrastructure. “Fincantieri is to provide advice from the very beginning, to carry out the later stage, also involving other partners, building the advanced facilities, notably workshops and lifting equipment, and installing the equipment and finally starting activities,” the company said.

“Mexico exports close to 400 billion dollars of goods every year, importing around 350 billion dollars. A considerable volume of this import/export is made through shipments by sea. Not to mention, the significant cruise traffic along the coasts of the United States, in the Caribbean and in the Gulf of Mexico, where there are the renowned settlements of the Maya civilization.

“The new Progreso shipyard will be strategically placed to serve the merchant operators of this area, benefiting from the near Yucatán navigation channel, a natural outlet to the Atlantic Ocean. The Gulf is also a region with a strong concentration of Oil & Gas related operations, with offshore exploration, production and storage of oil and natural gas,” Fincantieri said.