CDC Says Cruises Possible by Mid-Summer as Tensions Boil Over

  • Agency responds after Carnival threatens to relocate ships
  • Shares rise on optimism that companies can resume voyages
Carnival Ready to Benefit From Pent-Up Demand, CEO Says
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U.S. cruises could resume by mid-summer with restrictions, the Centers for Disease Control and Prevention said Tuesday after Carnival Corp., the largest operator, threatened to relocate ships to other markets.

The agency’s signal sent shares of cruise companies rising in after-market trading, with Carnival gaining as much as 4.9%. Royal Caribbean Cruises Ltd. and Norwegian Cruise Line Holdings Ltd. also advanced.