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The Global Shipping Crisis Is Not Over | Sal Mercogliano
Forward Guidance
Norwegian Cruise Lines' Debt Problems
The longer the passengers are on, the more ports they hit, the more likely you are to have an outbreak on board. I think what is happening right now with the cruise lines is they had put off this for so long and have tried to restart so many times. It's cost them so much money that now their debt is just they can't hide it anymore. You know, it's too big to fail. It has been their mantra for a long time. And as we get better with COVID, we'll see that come back.
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