April Lay Ups Could Cost Cruise Operators $1 Billion

Over 400 cruise ships are poised to spend April without revenue-generating passengers, leading to lay up costs totaling some $1 billion across the industry, according to a Cruise Industry News estimate. The estimate takes into account a mostly hot lay up scenario, where ships are kept essentially ready to go operations-wise with a full set of deck and engine crew, and a near fully-staffed hotel crew. (cruiseindustrynews.com)