Cruise ship CEO doesn't know about outbreaks on his own boats
Source: Yahoo News
A new cruise catastrophe is making headlines: a 10-day Royal Caribbean cruise ship had to cut a trip short due to an outbreak of a stomach bug on board, afflicting more than 600 people on the ship with symptoms like vomiting and diarrhea. It wasn't a totally crappy situation for Royal Caribbean though -- the stock was up close to 3% Monday morning on better than expected earnings.
Norwegian Cruise Line Holdings (NCHL) was in New York Monday ringing the bell at the Nasdaq to celebrate the one year anniversary of its IPO -- shares have risen more than 40% since the third-largest cruise company went public, beating shares of competitors like Royal Caribbean and Carnival Corporation (CCL).
... The CEO of Norwegian denied this incident when we asked him about it (we cited media reports referring to the outbreak).
"We haven't had an incident in all the years...I've been with the company," Sheehan tells us ... (he's been CEO since 2008). "So I'm not sure where that information is coming from. We have a best in class protocol on sanitation and cleanliness and we're very proud of that."
... We reached out to the company for clarification on the discrepency between the CDC report of the illness outbreak and Sheehan's comments. We are still waiting on a response.
Read more: http://finance.yahoo.com/blogs/daily-ticker/norwegian-cruise-line-ceo-164025670.html
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