Business Wars Cruise Ship Wars | Anchors Aweigh! | 1
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Jul 3, 2024 In the mid-20th century, a savvy Miami businessman revolutionizes travel by turning a passenger liner into a Caribbean getaway. This sparks a fierce competition as Norwegian Cruise Line, Royal Caribbean, and Carnival rise to prominence. The podcast dives into the transformation of cruises from simple transportation to luxurious vacations, exploring the dramatic rivalries and ambitions of key players. Discover how a financial dispute escalated into a battle for dominance in a booming $30 billion industry.
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Kloster and Arison's Fallout
- Knut Kloster confronted Ted Arison in Miami over a financial dispute.
- Arison had emptied the company's safe and accounts, leaving Kloster in a difficult position.
Arison's Entry into Cruising
- Ted Arison stumbled into the cruise business after a friend's charter business failed.
- He quickly took over, recognizing the potential of passenger travel.
Arison and Kloster's Partnership
- After losing his ships, Arison partnered with Knut Kloster, securing a deal despite financial struggles.
- Kloster, intrigued by Arison's vision, agreed to provide a ship under strict profit conditions.
