msc cruise lines stock symbol

MSC Stock , MSM

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MSC Industrial Direct Company, Inc. Common Stock (MSM)

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Best Value Cruise Line Stocks

Fastest growing cruise line stocks, cruise line stocks with the best performance, advantages of cruise line stocks, risks of cruise line stocks.

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Top Cruise Line Stocks

CCL, NCLH, and LIND are top for value, growth and performance, respectively

The cruise line industry is part of the broader travel and tourism industry, focused primarily on providing sea-based vacation experiences. Companies in the industry own and operate cruise ships in various destinations worldwide, offering a variety of itineraries and themed cruises. They also may provide other travel and vacation services. The big cruise line companies include Carnival Corp. and Norwegian Cruise Line Holdings Ltd.

The cruise line industry has been severely affected by the COVID-19 pandemic, related travel restrictions, and other social-distancing measures. Many cruise operators ceased ship operations for many months throughout the early portion of the pandemic. Now many lines have resumed the majority of their cruise operations and bookings have soared compared to 2019, before the pandemic. However, additional issues hamper the industry: cruise companies have struggled to hire back employees, which has led to cancellations and reduced on-board amenities.

All pure-play cruise line stocks available to U.S. investors are underperforming the broader market, having provided total returns below the -12.1% total return of the Russell 1000 Index over the past 12 months. There is no specific benchmark index for the cruise industry. The market performance number above and all statistics in the tables below are as of Oct. 4, 2022. Below, we look at the top three cruise line stocks with the best value, fastest growth, and best performance.

There are just four pure-play cruise line companies easily available to U.S. investors, but we look at them in our usual style. Because the entire industry has suffered losses in recent quarters, the value section below will be based on price-to-sales ratio rather than the usual price-to-earnings ratio (P/E Ratio) . Also, the revenue growth rates in the growth section further below are abnormally high because revenue in the most recent quarter is being compared to extremely low baseline levels in the year-ago quarter as a result of COVID-19 restrictions. Even relatively small absolute value changes in revenue have resulted in enormous percentage changes.

These are the cruise line stocks with the lowest 12-month trailing price-to-sales (P/S) ratio . For companies in early stages of development or industries suffering from major shocks, this can be substituted as a rough measure of a business's value. A business with higher sales could eventually produce more profit when it achieves (or returns to) profitability. The price-to-sales ratio shows how much you're paying for the stock for each dollar of sales generated.

Source: YCharts

• Carnival Corp.:  Carnival operates the world’s largest fleet of cruise ships. The company also owns travel-related properties such as hotels and vacation destinations. Carnival reported Q2 2022 financial results on Sept. 30. Its net loss narrowed sharply to $770 million from $2.8 billion in the prior year quarter as total revenue rose nearly eight-fold year-over-year ( YOY ). The company said it was benefiting from soaring bookings, with 95% of Carnival's capacity serving guests as of Sept. 30. The company said it expects eight of its nine cruise brands to have their full fleet serving guests by the end of the year.
• Lindblad Expeditions Holdings Inc.: Lindblad Expeditions owns and operates cruise ships and provides expedition cruising and travel services. The company offers both sea-based and land-based expeditions. Lindblad Expeditions released financial results for Q2 2022 on Aug. 2. Its net loss narrowed to $28.6 million compared to $35.7 million in Q2 2021. Total revenue surged nearly six-fold as the company ramped up service globally on all ten of its owned cruise ships.
• Norwegian Cruise Line Holdings Ltd.: Norwegian Cruise Line operates a fleet of passenger cruise ships. In addition, the company offers itineraries and theme cruises. On Aug. 9, Norwegian Cruise Line released its Q2 2022 financial report. Its net loss shrank to $509.3 million from $717.8 million in the prior year quarter as revenue rose dramatically to $1.2 billion from $4.4 million in Q2 2021.

These are the cruise line stocks with the highest  year-over-year (YOY)  sales growth for the most recent quarter. Rising sales can help investors to identify companies that are able to grow revenue organically or through other means and to find growing companies that have not yet reached profitability. In addition, accounting factors that may not reflect the overall strength of the business can significantly influence  earnings per share (EPS) . However, sales growth can also prove potentially misleading about the strength of a business because growing sales on money-losing businesses can be harmful if the company has no plan to reach profitability.

Source:  YCharts

• Norwegian Cruise Line Holdings Ltd.: See above for company description.
• Royal Caribbean Group:  Royal Caribbean Group, formerly known as Royal Caribbean Cruises, operates a fleet of vessels in the cruise vacation industry. On Aug. 30, Royal Caribbean announced that it will offer high-speed internet to passengers throughout its entire cruise fleet through SpaceX's Starlink, a high-speed internet service. The installation is scheduled to be completed by the end of Q1 2023 and is expected to sharply improve historically poor internet service while cruise vessels are at sea.
• Carnival Corp.:  See above for company description.

These are the cruise line stocks that had the smallest declines in total return over the past 12 months out of the companies we looked at.

• Lindblad Expeditions Holdings Inc.: See above for company description.
• Royal Caribbean Group.: See above for company description.

Shareholder Perks: A little-known benefit of holding cruise line stocks is that they offer shareholder perks. For instance, investors who hold at least 100 Carnival shares are entitled to a $250 onboard credit for cruises that are 14 days or longer, a $100 credit for cruises between 7 and 13 days, and a $50 credit for sailings of six days or less. Similarly, both Royal Caribbean and Norwegian Cruise Line offer comparable shareholder benefits. To claim, investors need to provide their details and proof of ownership, such as a shareholder proxy card or a copy of a current brokerage statement.

Pent-Up Demand: Cruise line companies have seen a bounce back in demand as customers book cruises they had put on hold during the COVID-19 pandemic. This positions operators in the sector to boost profits in upcoming quarters since most have their fleets back at total capacity and removed COVID vaccination requirements. Carnival reported in June that its forward bookings were at the higher end of historical ranges, while Royal Caribbean said in July that 2023 bookings in all quarters are currently booked within historical ranges at record pricing. Moreover, Royal Caribbean expects to return to profitability in the third quarter of 2022. As a result, cruise line stock prices may be buoyed in the months ahead as investors bake in improving earnings.

High Debt Load: Cruise line companies racked up substantial debt over the past two years as they attempted to stay afloat during the pandemic. Carnival carried total debt of $36.39 billion at the end of the second quarter—more than a three-fold increase from $11.5 billion in 2019. Royal Caribbean's debt ballooned from $11.73 billion to $23.85 billion over the same period, while Norwegian Cruise Line's debt grew from $6.8 billion to $13.24 billion. With inflation leading to higher fuel costs and rising interest rates , these elevated debt levels will become increasingly difficult to service, increasing the risk of share price dilution through further capital raisings .

Future Pandemics: Cruise Line stocks sank during the pandemic, with the sector facing multiple challenges from bad publicity, no-sail orders, and a sluggish recovery. In the early stages of the health crisis, reports of major outbreaks spreading onboard put downward pressure on the group. Selling accelerated as the Centers for Disease Control and Prevention (CDC) issued and extended no-sail orders. Although forward bookings have bounced back in 2022, sales sit significantly below pre-pandemic levels. For example, both Carnival and Royal Caribbean reported respective revenue for the June quarter that came in at 42% and 22% below the corresponding period in 2019. These challenges remind investors that future pandemics remain a risk for cruise line stocks.

The comments, opinions, and analyses expressed herein are for informational purposes only and should not be considered individual investment advice or recommendations to invest in any security or to adopt any investment strategy. Though we believe the information provided herein is reliable, we do not warrant its accuracy or completeness. The views and strategies described in our content may not be suitable for all investors. Because market and economic conditions are subject to rapid change, all comments, opinions, and analyses contained within our content are rendered as of the date of the posting and may change without notice. The material is not intended as a complete analysis of every material fact regarding any country, region, market, industry, investment, or strategy.

Bloomberg. " Carnival Cruise Bookings Nearly Double After Covid Curbs Eased ."

Bloomberg. " Cruise Lines’ Crew Shortages Lead to Canceled Trips, Less Pizza ."

Business Insider. " Cruise lines are canceling sailings, closing onboard restaurants, and allowing fewer guests onboard amid hiring difficulties ."

YCharts. " Financial Data ."

Carnival Corp. " Carnival Corp Provides Third Quarter Earnings Results. "

Lindblad Expeditions Holdings Inc. " Lindblad Expeditions Q2 2022 Earnings Results. "

Norwegian Cruise Line Holdings Ltd. " Norwegian Cruise Line Reports Q2 2022 Earnings Results. "

CNBC. " Royal Caribbean partners with SpaceX’s Starlink for onboard internet ."

Royal Caribbean Group. " Royal Caribbean Implements SpaceX's Starlink for Full Cruise Fleet. "

Cruise Radio. " Overview: Cruise Line Stock Benefits for Shareholders ."

PR Newswire. " Royal Caribbean Group Reports Second Quarter 2022 Results, Highlighted by the Return of Its Full Fleet Back to Service and Positive Operating Cash Flow ."

Carnival Corporation. " Carnival Corporation and PLC Provides Second Quarter 2022 Business Update. "

Barron's. " Royal Caribbean Sees Return to Profitability in the Third Quarter ."

Morningstar. " Norwegian Cruise Line Holdings Ltd ."

Morningstar. " Royal Caribbean ."

Morningstar. " Carnival PLC ."

Macrotrends. " Royal Caribbean Cruises Revenue 2010-2022 | RCL ."

Macrotrends. " Carnival Revenue 2010-2022 | CCL ."

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Company Profile

MSC Cruises is the world’s third-largest cruise brand as well as the leader in Europe, South America, the Gulf region, and Southern Africa with more market share in addition to deployed capacity than any other player. It is also the fastest-growing global cruise brand with a strong presence in the Caribbean, North America, and the Far East markets.

Headquartered in Geneva, Switzerland, MSC Cruises one of the two brands that sit within the Cruise Division of MSC Group, the leading privately held Swiss-based shipping and logistics conglomerate with over 300 years of maritime heritage. MSC Cruises – the contemporary brand - has a modern fleet of 19 vessels combined with a sizeable future global investment portfolio of new vessels. The fleet is projected to grow to 23 cruise ships by 2025 with options for six vessel orders in place through 2030.

MSC Cruises offers its guests an enriching, immersive, and safe cruise experience inspired by the Company’s European heritage, where they can enjoy international dining, world-class entertainment, award-winning family programs and the very latest user-friendly technology on board. To learn more about MSC Cruises’ itineraries and experience on board its ships please see here .

The Company’s number one priority has always been the health and safety of its guests and crew, as well as the communities at the destinations its ships serve. In August 2020, MSC Cruises implemented a new comprehensive and robust health and safety protocol to become the first major line to return to sea. To learn more about MSC Cruises’ health & safety protocol please see h ere .

MSC Cruises has long been committed to environmental stewardship with a long-term goal to achieve zero emissions for its operations. The Company is also a significant investor in next-generation environmental marine technologies, with the objective to support their accelerated development and availability industry-wide. To learn more about the Company’s environmental commitment please see here .

Finally, to learn more about the MSC Foundation, MSC Group’s own vehicle to lead, focus and advance its conservation, humanitarian and cultural commitments please see here .

7 Best Cruise Stocks to Buy Now

It's been smooth sailing for cruise stocks so far this year, thanks to tailwinds from strong travel demand.

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Cruise stock investors stand to benefit immensely if shares return to their pre-pandemic levels.

Many cruise stocks have rewarded investors year to date thanks to booming travel demand. After gloomy performances during the pandemic, cruise stocks look poised to deliver gains for investors.

Battered comps from slow travel make it easier for cruise stocks to achieve triple-digit year-over-year revenue growth. And some cruise companies have already reported that type of growth.

Do Cruise Stocks Present an Opportunity?

Many cruise stocks still have not reached their pre-pandemic prices. Carnival Corp. & PLC (ticker: CCL ), one of the best cruise stocks to buy now, is well removed from its pre-pandemic per-share range of high $40s to low $50s.

John Engle, president of Almington Capital, indicates that cruise stocks can continue to ride the momentum from current trends. "In the short term, cruise stocks may enjoy some tailwinds thanks to upbeat expectations about the summer vacation season," Engle says. "After years of struggles in the face of a global pandemic and macroeconomic uncertainty, cruise operators have been bouncing back."

Cruise stock investors stand to benefit immensely if shares return to their pre-pandemic levels. Some of these cruise stocks distributed quarterly dividend payments leading up to 2020, hiking the dividend each year.

Meanwhile, the airline industry has experienced a strong recovery as well. Delta Air Lines Inc. ( DAL ) raised its full-year outlook and reinstated its dividend. American Airlines Group Inc. ( AAL ) has also flipped back to profitability and is experiencing strong top-line growth.

The success of airlines and cruises demonstrates that more people want to travel with restrictions lifted.

Cruise Stock Risks to Keep in Mind

Although cruise stocks have delivered strong year-to-date returns and have made significant progress, the travel sector carries some risk. Some stocks are riskier than others, but Engle says some risks specifically apply to cruise stocks.

"The biggest risk for cruise stocks is sustainable profitability," says Engle. "Many cruise operators are carrying an awful lot of debt, and it is not clear whether they will be able to service it over the long run. Thin profit margins and high debt should always be a cause for concern for investors looking at cyclical industries . Even a mild recession could be enough to devastate cruise operators' bottom lines."

Cruise stocks can continue their run as long as travel demand stays strong. However, any slowdowns can hurt cruise companies that carry significant debt. Cruise stock investors should carefully monitor travel demand to gauge the risk of their investments.

Investors seeking exposure to heightened travel demand may want to consider these seven top cruise stocks:

Carnival Corp. & PLC ( CCL )

Carnival shares have more than doubled year to date as more travelers return to cruises. The company reported $4.9 billion in revenue in the second quarter, more than doubling its growth year over year. It is also the highest quarterly revenue number the corporation has ever reported. Total customer deposits also reached an all-time high of $7.2 billion, eclipsing the previous record of $6 billion in May 2019.

Carnival also reported a better-than-expected net loss of $407 million. Previous guidance suggested a second-quarter net loss between $425 million and $525 million. In a press release, Carnival CEO Josh Weinstein expressed confidence in the company's ability to continue its progress.

"With bookings and customer deposits hitting all-time highs, we are clearly gaining momentum on an upward trajectory."

Royal Caribbean Cruises Ltd. ( RCL )

Royal Caribbean shares have also doubled year to date, and the company is almost back to profitability. The company reported $2.9 billion in revenue and a $47.9 million net loss (19 cents per share) in the first quarter. Full-year guidance calls for adjusted earnings per share in the range of $4.40 to $4.80 per share.

A return to profitability can mean a dividend isn't too far away. While management said there is no plan to declare or pay dividends in the near future, a return to payouts in 2024 or 2025 would be a welcome development for investors.

Prior to the pandemic, Royal Caribbean had been a reliable dividend growth stock since 2011. During that time span, the annual dividend jumped from $0.40 per share to $3.12 per share.

Royal Caribbean CEO Jason Liberty remains optimistic that the rising trend of cruises will hold its ground.

"Leisure travel continues to strengthen as consumer spend further shifts toward experiences," Liberty said in a May 4 press release. "Demand for our brands is outpacing broader travel due to a strong rebound and an attractive value proposition."

Raised guidance also indicates the confidence leadership has in the underlying business.

Norwegian Cruise Line Holdings Ltd. ( NCLH )

NCLH stock hasn't doubled like the other cruise stocks, but it has still outperformed the market with a nearly 70% year-to-date gain. The company reported $1.8 billion in revenue for the quarter ended March 31, which represents 249% year-over-year growth. Its annual revenue as of March 31 was $6.1 billion, a 426.5% increase year over year. Norwegian had a quarterly net loss of $159.3 million, or 38 cents per share.

Norwegian met or exceeded guidance on all key metrics in the first quarter. The company believes it can achieve a full-year adjusted EPS of 75 cents, an increase from its prior estimate of 70 cents. The company is going through a CEO transition, with Frank Del Rio passing the helm to Harry Sommer at the end of June. In his last press release as CEO, Del Rio informed shareholders that the company is "solidly positioned for 2023 and beyond" and has completed its post-pandemic operational recovery.

Lindblad Expeditions Holdings Inc. ( LIND )

Lindblad Expeditions is a smaller cruise stock, with a $558 million market cap that has rewarded shareholders with a 35.6% year-to-date return as of July 17. The company reported $143.4 million in revenue in the first quarter, representing a 167% revenue increase from Q1 2019 and a 111% revenue increase from Q1 2022.

The company has growing occupancy rates and reported a quarterly net income of $621,000. That is a significant improvement from last year's net loss of $41.7 million in Q1 2022.

Leadership remains confident in the booming demand for cruise travel, setting full-year tour revenue guidance at $550 million to $575 million and adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA , at $70 million to $80 million. The company has also planned a $35 million stock repurchase program.

Agilysys Inc. ( AGYS )

Agilysys provides software for the hospitality industry, giving it some exposure to cruise lines. The company also serves other sectors, such as hotels, resorts, stadiums and higher education.

Agilysys reported 21.8% year-over-year revenue growth to a record $198 million in fiscal year 2023, which ended on March 31. The company also reported $14.6 million in net income, more than doubling its growth from FY 2022. A healthy 60% of the company's total revenue is recurring, which makes it more feasible for the company to maintain profit margins.

Agilysys hasn't soared like pure-play cruise stocks. In fact, the stock is down roughly 14.3% year to date as of July 17. However, AGYS shares are up more than 300% over the past five years.

OneSpaWorld Holdings Ltd. ( OSW )

OneSpaWorld Holdings provides spas, wellness and treatments on cruises and on land. Shares have jumped 28% year to date as the rising demand for cruise travel means more demand for OneSpaWorld's services.

The company reported $182.5 million in total revenues in Q1 2023. That's more than double the amount of revenue that the company generated in Q1 2022. Leonard Fluxman, OneSpaWorld's CEO, indicated back in May that second-quarter results were already looking promising.

"Our second quarter 2023 performance is off to a positive start, and we expect our favorable momentum to continue to build throughout the year," Fluxman said.

World Kinect Corp. ( WKC )

World Kinect Corp., formerly known as World Fuel Services Corp., is an energy, commodities and services company. The corporation sells more than 50 fuel products and has delivered over 18 billion gallons of fuel.

Cruise ships that need fuel to cover vast distances turn to companies like World Kinect. The return of travel helped the company generate about $59 billion in revenue in 2022.

Revenue growth decelerated in 2023, and the company also reported a 13% year-over-year decline in net income in the first quarter. Aviation and marine segments both experienced double-digit year-over-year gains in gross income, though.

Ira Birns, chief financial officer of World Kinect, emphasized the company's solid numbers in a Q1 press release: "Our balance sheet remains strong, providing significant liquidity to drive growth and continued investment in products and services that will further support our strategic priorities."

Should You Get On Board with Cruise Stocks?

Many cruise stocks have outpaced the stock market and rewarded investors in 2023. Significant travel growth has helped cruise lines hit revenue records and get closer to profitability. Many of these same stocks also offered dividends and reliably paid them for several years before the pandemic.

However, cruise stocks have their risks. The gains may become muted in future years as year-over-year comps become more challenging. Investors should also monitor how cruise lines cover their long-term debt and track whether the demand for travel remains this elevated.

5 of the Best Travel Stocks to Buy

Wayne Duggan June 14, 2023

Tags: Norwegian Cruise Line , Royal Caribbean Cruises , Cruises , investing , money , Carnival Corp. , Travel , Airlines , Delta Airlines , American Airlines

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• MSC Cruises

Is MSC publicly traded - Shareholder benefit?

By 1AL , March 30, 2018 in MSC Cruises

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Anyone knows if MSC is publicly traded and if yes, do they offer a shareholder benefit along the lines of NCL, RCI/Celebrity and Carnival Corporation?

Thanks in advance to whoever answers.

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Don't think so it is privately owned.you will have to marry into the family.

lol.............once is enough! lol

Very secretive family.

The last time I looked, MSC is the only "privately held" cruise line. It is owned by the Aponte family whose net worth is estimated at $8 Billion. The key family members primarily live in Italy and Switzerland. While most of us here think in terms of MSC being a cruise line....that is only a small part of their shipping empire which consists of more then 400 ships.

• 2 years later...

You could always buy into the parent company trading as MSM, but they offer no perks at this time.  Even if they did, it seems awfully expensive for a possible $50 OBC.  LOL

7 hours ago, choxnpinz said: You could always buy into the parent company trading as MSM, but they offer no perks at this time.  Even if they did, it seems awfully expensive for a possible $50 OBC.  LOL

This company has absolutely nothing to do with the Mediterranean Shipping Company Group, however; it is a great dividend stock!

MSC Industrial Direct is a US supplier of industrial supplies (their homepage advertiser hand sanitizer, ear plugs, etc.).

1 hour ago, slei15 said: This company has absolutely nothing to do with the Mediterranean Shipping Company Group, however; it is a great dividend stock!    

Whoops!~  You're right.  I followed the wrong link in looking for the parent company.  My apologies.

I’m with one of the better known Wall Street firms, and to the best of my knowledge, they are not publicly owned or publicly traded.

Shareholder benefit would be cruising for free in owner suite.

On 8/3/2020 at 9:54 PM, sfaaa said: Shareholder benefit would be cruising for free in owner suite.

That might depend on which member of the family you married...   EM

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Cruise Line Stock Perks and Shareholder Benefits

In a world where owning stock in a company rarely gets you anything beyond the investment value and a steady source of paper to feed to your shredder, it is refreshing that the cruise industry continues to maintain investor benefits in the form of onboard credit (OBC). We've got the rundown of the benefits offered per cruise line and how to get the stocks, plus how and when to snag the credit.

On This Page

What are the benefits of owning cruise line stocks, how do you buy cruise line stocks, how much do i need to invest, is it a good idea to buy stock in a cruise line.

There are four publicly traded cruise line stocks that earn benefits for shareholders: Carnival Corporation, Carnival plc, Royal Caribbean Cruises Limited and Norwegian Cruise Line Holdings Limited.

It gets a little complicated because two of the four stocks are Carnival companies -- Carnival Corporation (under the symbol CCL on the New York Stock Exchange) and Carnival plc (under the symbol CCL on the London Stock Exchange and CUK on the NYSE). Since shareholders receive the same benefits regardless of which Carnival stock they own, we're lumping them together going forward.

Disney stock is publicly traded, but the company discontinued all investor benefits in 2000.

Here's a look at what stock owners with 100 shares or more can expect when sailing, listed in terms of onboard credit value.

Carnival Corp. & plc

Onboard credit per stateroom, sailings of 6 days or fewer: $50

Onboard credit per stateroom, sailings of seven to 13 days: $100

Onboard credit per stateroom, sailings of 14 days or longer: $250

All Carnival brands -- which include Carnival, Princess, Holland America, Seabourn, Cunard, Costa, Aida and P&O -- earn benefits, though the amounts are adjusted slightly for European and Australian brands.

Royal Caribbean Cruises Ltd.

Onboard credit per stateroom, sailings of 5 nights or fewer: $50

Onboard credit per stateroom, sailings of six to nine nights: $100

Onboard credit per stateroom, sailings of 10 to 13 nights: $200

Onboard credit per stateroom, sailings of 14 nights or longer: $250

Royal Caribbean stockholders only receive the benefit when sailing with Royal Caribbean, Celebrity and Azamara -- the company's wholly owned brands. No benefit is given for sailing with Silversea, Pullmantur, TUI or Croisieres de France -- lines for which Royal Caribbean, Ltd. holds partial ownership. The benefit also does not apply to Celebrity's expedition sailings.

Norwegian Cruise Line Holdings Ltd.

Onboard credit per stateroom, sailings of six days or fewer: $50

Onboard credit per stateroom, sailings of seven to 14 days: $100

Onboard credit per stateroom, sailings of 15 days or longer: $250

Cruises on all brands operated by Norwegian Cruise Line Holdings, Ltd., including Norwegian, Oceania and Regent Seven Seas are eligible for the benefit.

Before you get too excited, all three companies have rather extensive restrictions in the fine print, including the fact that the benefit programs are subject to change at any time. Here are the current details, including how to submit your claim for the benefit from each company's lines: Carnival , Royal Caribbean and Norwegian .

Buying the stocks requires a brokerage account, but online brokerage sites like E-Trade, Fidelity and TD Ameritrade are options if you don't already have a stockbroker. Some banks, like Capital One and Wells Fargo, also offer investment services from their own online portals. Most banks and online brokerages charge a small fee for each stock trade or purchase.

While you can purchase as many or as few shares as you'd like, all the cruise lines that offer investor benefits require a minimum of 100 shares to be eligible for the credit. You are looking at a substantial initial investment -- typically thousands of dollars, depending on which parent company you invest in and the cruise line's stock price at the time of purchase.

While Cruise Critic cannot offer investment advice, members on the Cruise Critic message boards have reported that holding cruise line stocks over time has been beneficial, particularly for those who take multiple cruises per year.

If you invest $4,000 and typically take four cruises per year, each one with $100 in onboard credit (i.e., free spending money), your investment "earns" $400 or 10 percent per year. There are some fine print details that could alter that, though. In most cases, the investor OBC is superseded by other special offer credits, so no stacking. If you shop the deals and frequently get OBCs on your own, then the cruise line's stock perk is less of a benefit after all.

It is good to note, however, that even with other OBCs on your account, you might be eligible for the portion of the stockholder benefit credit that exceeds the other credit. So, if your booking came with an onboard credit of $75 and your cruise line stock benefit is $100, you might still be able to get the difference of $25 applied to your cabin.

Also know that the benefit is limited to one credit per cabin per 100 shares on each sailing and is nontransferable. You will be required to submit a copy of your brokerage statement, usually two to three weeks before sailing. The name on the statement must match the name of the person sailing, so no sharing among friends, unless you plan to jointly own the stock. There are exceptions in the fine print for cases of jointly owned stocks, but the restriction of having 100 shares per cabin still applies.

Other message board members who have owned cruise line stock for years report that even though the stocks have had some turbulent times in the past, over the long haul they have risen in value, earning a return on the investment above and beyond the investor benefits earned in the form of onboard credits. As with all stock purchases, you do take a risk that the cruise line stocks will not perform as well in the future as perhaps they did in the past, so make sure you understand all the fine print before you invest.

Ultimately, only you can decide what is best for your personal financial situation; Cruise Critic can neither support nor advise against your decision to purchase stocks. We strongly advise doing your own research and seeking out the counsel of a financial adviser before making any stock purchase.

© 1995— 2024 , The Independent Traveler, Inc.

• International

March 26, 2024 - Baltimore Key Bridge collapses after ship collision

By Helen Regan , Kathleen Magramo , Antoinette Radford, Alisha Ebrahimji , Maureen Chowdhury , Rachel Ramirez , Elise Hammond , Aditi Sangal , Tori B. Powell , Piper Hudspeth Blackburn and Kathleen Magramo , CNN

Our live coverage of the Baltimore bridge collapse has moved here .

Crew member on DALI said everyone on board was safe hours after bridge collapse, official says

From CNN’s Amy Simonson

A crew member on the DALI cargo ship sent a message hours after the Francis Scott Key Bridge collapsed Tuesday saying everybody on board was safe, according to Apostleship of the Sea director Andy Middleton.

Middleton, who spent time with the captain of the DALI Monday, told CNN’s Laura Coates he reached out to a crew member after hearing about the incident Tuesday morning. 

He said there were 22 members aboard the ship from India who were setting sail earlier Tuesday morning and were heading toward Sri Lanka.

“I was able to reach out to a crew member very early this morning around 5:30 (a.m. ET) or 6 (a.m. ET) and get a message to them asking if they were OK,” he said. “That crew member responded within just a few minutes advising that the crew was safe, and everybody that [was] on board was safe.”

Middleton was told by the ship's captain Monday that the vessel was going to take a longer route to avoid risks along the Yemen coast.

“When I was out with the captain yesterday, we were talking while we were driving, and he advised that they were sailing down and around the tip of South Africa in order to avoid the incidents that are going on off the Yemen coast, and it was a safer way to go,” he said.

Middleton said the  Apostleship of the Sea  is a ministry to seafarers with members that spend time in the port and on the vessels as a friendly face to the seafarers that visit the Port of Baltimore, “taking care of their needs to make sure that they're reminded of their God-given human dignity when they're here in Baltimore.”

Search operation ends in "heartbreaking conclusion," Maryland governor says. Here's the latest

From CNN staff

Six people, who were believed to be part of a road construction crew, are presumed dead after Baltimore's Francis Scott Key Bridge collapsed early Tuesday morning. The collapse came after a 984-foot cargo ship hit the bridge's pillar.

Maryland Gov. Wes Moore told reporters Tuesday evening it's a "really heartbreaking conclusion to a challenging day."

Late Tuesday, it was discovered that two of the construction workers who went missing after the bridge collapsed were from Guatemala , the country's Ministry of Foreign Affairs said late Tuesday.

Here's what you should know to get up to speed:

• The victims: Eight people were on the bridge  when it fell, according to officials. At least two people were rescued — one was taken to the hospital and was later  discharged , fire official and the medical center said.
• The incident: Video shows the moment the entire bridge structure falls into the water, as the ship hits one of the bridge's pillars. CNN analysis shows that the  ships lights flickered  and it veered off course before it hit the bridge. Maryland Gov. Wes Moore said the crew on the ship were able to issue a "mayday" before colliding into the bridge, which allowed the authorities to stop incoming traffic from going onto the bridge.
• Response efforts: Earlier, dive teams from various state and local agencies were brought in to assist in search-and-rescue operations, according to Maryland State Police Secretary Col. Roland L. Butler Jr.. The mission started with 50 personnel and continued to grow before the Coast Guard announced Tuesday evening that it was suspending its active search-and-rescue operation and transitioning to a "different phase."
• The investigation: Authorities are still working to establish exactly how the crash occurred. The National Transportation Safety Board will look into  how the bridge was built  and investigate the structure itself. It will "take time to dig through" whether the bridge had ever been  flagged for any safety deficiencies , NTSB Chair Jennifer Homendy said.
• Rebuilding the bridge: US Sen. Chris Van Hollen said the path to rebuilding the bridge will be "long and expensive." Senior White House adviser Tom Perez told reporters Tuesday “it’s too early” to tell how long it will take to rebuild the bridge. President Joe Biden said Tuesday he wants the federal government to bear the full cost of rebuilding the collapsed bridge, noting that it will not wait for the company who owns the container ship DALI to shoulder the costs. Funding could come from the Federal Highway Administration as well as the Bipartisan Infrastructure Law, but it may require additional funding from Congress.

2 of the missing construction workers from bridge collapse were from Guatemala, foreign ministry says

From CNN’s Allison Gordon, Flora Charner and Amy Simonson

Two of the construction workers missing from the bridge collapse in Baltimore were from Guatemala, the country's Ministry of Foreign Affairs said in a statement late Tuesday.

Those missing included a 26-year-old originally from San Luis, Petén. The other is a 35-year-old from Camotán, Chiquimula, the statement said.

The ministry said both were part of a work team “repairing the asphalt on the bridge at the time of the accident.”

The statement did not name the two people missing, but it said the country’s consul general in Maryland “went to the area where the families of those affected are located,” where he hopes to be able to meet with the brothers of both missing people.

The consulate   also issued a statement Tuesday saying its consul general in Maryland "remains in contact with local authorities," and also confirmed that two of those missing "were of Guatemalan origin.”

Six people, who were believed to be part of a road construction crew, are presumed dead after Baltimore's Francis Scott Key Bridge collapsed early Tuesday morning when a cargo ship hit the bridge's pillar.

State and federal officials have not released information about the identities of any of the six missing workers.

Underwater mapping of bridge collapse area to begin Wednesday, Baltimore fire chief says

From CNN's Jennifer Henderson

Search operations near the Key Bridge collapse have shut down for the night due to dangerous conditions, but the process of underwater mapping with many local, state and federal dive teams will begin Wednesday, Baltimore City Fire Chief James Wallace told CNN’s Anderson Cooper Tuesday night.

Wallace said the portion of the Patapsco River is “tidal influenced, so it goes through tide cycles just like the open waters of the Chesapeake Bay does.”

The water depths in the area under the bridge vary from 40 feet to more than 60 feet, Wallace said. The deeper the divers go, the colder the temperatures they encounter, and the visibility is zero, he added.

 Wallace said when crews arrived Tuesday morning, the surface water temperatures of the Patapsco River were about 47 degrees with an air temperature of 44-45 degrees.

Here's what you should know about the historic Francis Scott Key Bridge

The Francis Scott Key Bridge collapsed early Tuesday after a massive container ship lost power and crashed into the iconic Baltimore bridge, sending people and vehicles into the frigid Patapsco River.

Six people, believed to be part of a road construction crew, are presumed dead and the Coast Guard has ended its active search and rescue mission.

Here's what you should know about the historic bridge:

• How old?: The Francis Scott Key Bridge, also referred to as just the Key Bridge, opened to traffic in March 1977 and is the final link in the Baltimore Beltway, according to the Maryland Transportation Authority (MDTA.) It crosses over the 50-foot-deep Patapsco River, where former US attorney Francis Scott Key found inspiration to write the lyrics to the Star Spangled Banner, the MDTA says.
• How long?: The bridge was 1.6 miles long when standing, MDTA reports.
• Traffic volume: More than 30,000 people commuted daily on the bridge, according to Maryland Gov. Wes Moore.
• How much did it cost?: The bridge cost $60.3 million to build, MDTA says. Since its collapse, President Joe Biden said he’s committed to helping rebuild the bridge as soon as possible.
• About the port: Baltimore ranks as the ninth biggest US port for international cargo. It handled a record 52.3 million tons, valued at $80.8 billion, in 2023. According to the Maryland state government, the port supports 15,330 direct jobs and 139,180 jobs in related services.
• About the ship: The bridge collapsed after a container vessel called Dali collided with one of its supports. Dali is operated by Singapore-based Synergy Group but had been chartered to carry cargo by Danish shipping giant Maersk . The ship is about 984 feet long , according to MarineTraffic data. That’s the length of almost three football fields.

Baltimore woman says bridge collapse was "like a piece of family dissolved"

From CNN's Kit Maher

For longtime Baltimore resident, Ceely, who opted not to share her last name, seeing footage of the Francis Scott Key Bridge collapse  Tuesday was deeply personal.

“I was very heavy-hearted,” Ceely told CNN. “Very tearful, thinking about the families whose loved ones may be in the water and just remembering when the bridge was constructed, and it was just like a piece of family dissolved.”

Ceely was at a prayer group Tuesday morning when she saw the news. She recalled being afraid when she first crossed the bridge while in Ford Maverick in 1975, but grew to like it because it saved time on the road.

“It was a main artery just like a blood line. It was a main artery to the other side of town. It was awesome. It beat going through the city all the time,” she said.

Elder Rashad A. Singletary , a senior pastor who led Tuesday night’s vigil at Mt. Olive Baptist Church told CNN that many church members watched the bridge's construction.

"It’s a part of the community. A lot of our individuals in our congregation drive that bridge to go to work, and so now it’s really a life changing moment,” he said.

"Heartbreaking conclusion to a challenging day," Maryland governor says as Coast Guard ended search operation

From CNN's Aditi Sangal

More than 18 hours after the collapse of the Baltimore bridge, Maryland Gov. Wes Moore said it was a heartbreaking conclusion after the Coast Guard ended the search-and-rescue operation for the six people who were on the bridge when it collapsed.

It's a "really heartbreaking conclusion to a challenging day," he said.

"We put every single asset possible — air, land and sea" to find the missing people, he told reporters on Tuesday evening. "While even though we're moving on now to a recovery mission, we're still fully committed to making sure that we're going to use every single asset to now bring a sense of closure to the families," the governor added.

6 people presumed dead after Baltimore bridge collapse, Coast Guard says. Here's what we know

As the sun sets in Baltimore, six people are presumed dead after a major bridge collapsed overnight Tuesday, according to the Coast Guard. The Francis Scott Key Bridge came down around 1:30 a.m. ET after a cargo ship collided with it.

The Coast Guard said it has ended its active search-and-rescue operation for the missing construction workers who were on the bridge when it collapsed.

• What we know: Eight people were on the bridge when it fell, according to officials. At least two people were rescued — one was taken to the hospital and has been discharged . The Coast Guard has been searching for six other people. But, around 7:30 p.m. ET, the Coast Guard said it has transitioned to a “different phase” of operation, now it did “not believe we are going to find any of these individuals alive,” Rear Adm. Shannon Gilreath said.
• About the ship: The bridge collapsed after a container vessel called Dali collided with one of its supports. The vessel is operated by Singapore-based Synergy Group but had been chartered to carry cargo by Danish shipping giant Maersk . The US Embassy in Singapore has been in contact with the country’s Maritime and Port Authority, a State Department spokesperson said.
• The investigation: The National Transportation Safety Board is leading the investigation into the collapse. A team of 24 experts will dig into nautical operations, vessel operations, safety history records, owners, operators, company policy and any safety management systems or programs, said NTSB Chair Jennifer Homendy. A voyage data recorder will be critical to the investigation, she added. 
• Vehicles on the bridge: Officials are also working to verify the numbers of how many cars and people were on the bridge, Homendy said. Gov. Wes Moore said the quick work of authorities in closing the bridge had saved lives . Radio traffic captured how authorities stopped traffic and worked to clear the bridge seconds before the impact . Maryland State Police Secretary Col. Roland L. Butler Jr. said there is a “ distinct possibility ” more vehicles were on the bridge, but authorities have not found any evidence to support that.
• Looking ahead: NTSB will look into how the bridge was built and investigate the structure itself, including if it was flagged for any safety deficiencies , Homendy said. The federal government has also directed its resources to help with search and rescue, to reopen the port and rebuild the bridge, Vice President Kamala Harris said . Earlier, President Joe Biden said t he federal government will pay to fix the bridge.
• The economy: Transportation Secretary Pete Buttigieg warned the collapse will have a serious impact on supply chains . Until the channel is reopened, ships will likely already be changing course for other East Coast ports. Ocean carriers are already being diverted from the Port of Baltimore, where the bridge collapsed, to the Port of Virginia to “keep trade moving."

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