MARKET TALK: Cruise Lines Show No Signs Of Spill Fallout

15th Jun 2010 15:34

10:34 (Dow Jones) Cruise lines so far unaffected by the Gulf oil spill, says Majestic Research. Firm adds that Carnival's (CCL) pricing trends are continuing to stabilize but cautions that continued improvement could be "challenging" given tougher comparisons ahead and the added capacity the industry must absorb. Majestic also notes "slight" drop-off in Royal Caribbean's (RCL) European pricing as of late but Caribbean pricing appears to be improving. CCL up 2.4% to $37.25; RCL up 2.7% to $29.95. ([email protected]) Call us at (212) 416-2181 or email [email protected] Visit the Market Talk blog at www.djnmarkettalk.com. (END) Dow Jones Newswires June 15, 2010 10:34 ET (14:34 GMT)