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Old November 22nd, 2008, 10:18 AM
Ro Ro is offline
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Default Gas prices dropping how come the surcharge still?

How come Carnival is not dropping the $9 dollars a day per person they are charging us for the gas surcharge?
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Old November 22nd, 2008, 11:38 AM
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They are here is the notice they posted:


Carnival, Costa, Cunard, Holland America, Princess and Seabourn Drop Fuel Supplement
The following message just came across from Bill Harbor, director of marketing for Carnival Corp. parent company of all the above mentioned cruise lines:

"I am pleased to update you on some new and important information regarding the fuel supplement for Carnival Corporation & plc brands. Six of our brands, Carnival Cruise Lines, Costa Cruises, Cunard Line, Holland America Line, Princess Cruises and The Yachts of Seabourn have announced that effective October 31, 2008, the existing fuel supplement will be eliminated for all new bookings on 2010 departures."

And now the bad news: "At the same time, a price increase on 2010 sailings will become effective."

Additionally, the company has established specific guidelines under which the current fuel supplement may be reimbursed to consumers for 2008 and 2009 voyages. For 2008 and 2009 departures:

If the price of light sweet crude oil according to the NYMEX (New York Mercantile Exchange Index) is $70 per barrel or less at the 2:30 p.m. close of business as reported by Reuters on each of the 25 consecutive trading days ending five trading days prior to the guest's cruise departure date, the fuel supplement will be refunded in the form of a shipboard credit.


Guests who book a 2010 cruise prior to Oct. 31, 2008, will still be charged the current fuel supplement but will also be eligible for a refund of the fuel supplement in accordance with the same fuel price conditions that are being implemented for current 2008 and 2009 departures.



Carnival Corp. is implementing these initiatives due to recent trends in declining fuel prices in an effort to migrate away from charging a separate fuel supplement. If fuel prices stabilize below $70 a barrel, they will be able to effectively eliminate the fuel supplement.

"However, there is still a risk that fuel prices could move higher which would require us to maintain or reinstate a fuel supplement but we are hopeful that the goal of eliminating the fuel supplement can be achieved," Carnival says. "These industry-leading initiatives clearly demonstrate our commitment to our guests and travel agents to make our brands the most attractive cruise vacations available. Most importantly, we want to thank you for your continued support."


You can follow the prices on www.worldsleadingcruiselines.com and click on fuel supplement update.

Or you can read my topic on cruisemates: http://www.cruisemates.com/forum/viewtopic.php?t=602860.

I update it M-F around 3:30 PST.
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Old November 22nd, 2008, 02:18 PM
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There is a post update in the BLOG on our front page about this...

Carnival Fuel Rebates About to Kick In?
Written by: Paul Motter

Carnival Corp. announced fuel supplement rebates if the price of oil is $70 or less for 25 days in a row. It has been 12 days. To be exact, the company said you will get a full refund on your fuel supplement payment if the price of oil is $70 or less for 25 days in a row at the 2:30 p.m. close of business on each of the 25 consecutive trading days ending five trading days prior to the your cruise departure date.

OK, that is complicated, but according to my charts the price of light crude closed below $70 on November 5 and has stayed below that price ever since. This means that 12 trading days have passed with the price below $70/barrel.

Since the price is now at $49.62/barrel, I contacted Carnival to see if they are tracking this and they confirmed that if the price stays below $70 then they will start giving discounts starting with the December 18 cruise sail dates. By the way, I originally saw that the price closed below 70 on Oct 21, which would have meant the cutoff date was Dec. 1st. But it did close above 70 for ONE DAY on November 4 setting the deadline back by three weeks - because weekends are not counted.

This is a significant onboard credit, equal to the fuel supplement they charged these customers. The supplement was $10 per person per day. In other words, the onboard credit should equal $140 per couple for every 7-day cruise.

Furthermore, while Carnival has suspended the fuel supplement for cruises departing in 2010, they are still charging it for all cruise sold that sail in 2009. However, based on the current economic situation it appears to me a reasonably safe bet that a cruise you book now for 2009 will very likely qualify for the onboard credit.

In other words, while you will still have to pay the fuel supplement for any 2009 cruise, there is a very good chance you will get it back in the form of an onboard credit on the day you cruise. Remember, the price of oil has dropped below $50/barrel for the first time today, actually trading at $49.62 as I write this. That means it has dropped about 27% since the day it first dipped below $70 barrel. Nothing in this economy has gone UP 27% in the last few months, so it is pretty good bet you will get your rebate.

If you don’t it probably means our economy has improved significantly, and that is also good news. Either way you win. Naturally, the only reason why this shouldn’t remain true for an extended period of time will be if the price of oil creeps back up, or if (Heaven forbid) somekind of cosmic event should push the price of oil up overnight.

This is great news for cruisers - you can effectively take away the fuel supplement from the total cost for any cruise sailing after December 18 st, although you will pay it, you will get it back in the form of an onboard credit.

This will apply to all Carnival Corp cruise lines: Carnival, Holland America, Princess, Cunard, Seabourn and Costa.
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Old November 22nd, 2008, 03:37 PM
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Thank you for all the information on the gas surcharge.
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Old November 22nd, 2008, 04:07 PM
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For Royal Caribbean - they will chedck the price of oil of Dacember 18, if it is below $65 (it is now at $49) they will give onboard credit rebates starting with January 2009 cruise. They will check every three months in a similar fashion.
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