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Are we ever going to get to cruise again?


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6 hours ago, john91498 said:

Why start a new company? Just declare bankruptcy, reorganize, and continue operations.

Not a problem.  If they want to continue with the Carnival name, then fine.  If they invent a new name, it gives the impression things have changed and probably for the better. 

 

Or just flip a coin for the decision.

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On 11/15/2020 at 2:00 PM, pc_load_letter said:

 

Interesting. I remember back when this started the Maryland governor closing the port to cruises. https://governor.maryland.gov/2020/03/12/governor-hogan-announces-major-actions-to-protect-public-health-limit-spread-of-covid-19-pandemic/

 

So theorhetically if Carnival gets it's act together with these pre-cruising requirements, they can cruise from any port? That would be great because San Diego was set to get a CCL ship as well.

 

The Hawaii Governor tried closing the ports and was told no since they are federally controlled. 

 

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2 hours ago, richfret said:

Not a problem.  If they want to continue with the Carnival name, then fine.  If they invent a new name, it gives the impression things have changed and probably for the better. 

 

Or just flip a coin for the decision.

 

That's just it. There would be a new name, but the staff, the way they do business, the ships would still be the same. There's really nothing new...

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1 minute ago, richfret said:

Except, they would have got rid of all their bills and with new stock they would even have some cash.  That would be new.

 

I already said declare bankruptcy, reorganize, and continue operations...

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26 minutes ago, john91498 said:

 

I already said declare bankruptcy, reorganize, and continue operations...

They would not get to keep the ships, creditors would take them back. Either pay for them or repossession. Bankruptcy will not allow them to change the terms.

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Several different of bankruptcies even a pre packaged bankruptcy where a co arranges terms with creditors goes into and out of bankruptcy in days .

Relieving pre arranged debt with major collateral backed debt and wiping out others all together.

Not say this will

happen but there are many moves a money making enterprise has in their tool bag.

 

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On 11/16/2020 at 11:43 AM, Doggielover68 said:

I discredited your entire post the second you called the pandemic a "charade."

Maybe you should work on your reading comprehension.  The charade is the ever evolving response that isn't working.  We locked down, we wore masks, we shut down to the point many small businesses and entire industries are being destroyed.  Yet, here we are again with another spike as bad as the first proving none of those tactics work.  It is a community spread virus and we can't outsmart it.

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20 minutes ago, beerman2 said:

I'm pretty sure the poster you quoted meant ""flagged"  out of the US. Which is a fact.

I got that.  I gave the poster a link which answered the question, without having to go into flagged or where the HQ was and what that meant.  

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14 hours ago, richfret said:

Not a problem.  If they want to continue with the Carnival name, then fine.  If they invent a new name, it gives the impression things have changed and probably for the better. 

 

Or just flip a coin for the decision.

If they change the names of any cruise line, the cruisecritic boards will have to adjust to add the new names.

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5 minutes ago, ontheweb said:

If they change the names of any cruise line, the cruisecritic boards will have to adjust to add the new names.

How about we add a cruise line called MISCELLANEOUS.   One entry and it solves the problem.   Not serious debating.  Just having fun.   

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12 hours ago, john91498 said:

 

That's just it. There would be a new name, but the staff, the way they do business, the ships would still be the same. There's really nothing new...


Two potential big issues with declaring bankruptcy. First, how many people will continue to book cruises after losing thousands of dollars on previously booked cruises. Second, and this was already mentioned, what if the creditors take ownership of the ships as payment for debt owed by Carnival. In this situation Carnival doesn’t have any ships left. 

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3 minutes ago, richfret said:

How about we add a cruise line called MISCELLANEOUS.   One entry and it solves the problem.   Not serious debating.  Just having fun.   

Well, it might depend on how many new names there are.

 

Or how about the "cruise line once known as Carnival", and the same for other new names.

 

And having fun in these stressful times is important for maintaining one's mental health.

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1 minute ago, PhillyFan33579 said:


Two potential big issues with declaring bankruptcy. First, how many people will continue to book cruises after losing thousands of dollars on previously booked cruises. Second, and this was already mentioned, what if the creditors take ownership of the ships as payment for debt owed by Carnival. In this situation Carnival doesn’t have any ships left. 

One thing all of these cruise companies have going for them is the creditors really don't want to own a bunch of billion dollar boats.  When you repossess a house you can just resell it and get some of your money back.  Not much of a market for billion dollar cruise ships.  They would get pennies on the dollar and take a serious bath on it.

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