This is the latest hurricane update I found on the Princess site:
September 20, 2004 -- Updated 10:00 am PDT
Princess Cruises is closely monitoring the current and projected path of Hurricane Jeanne in order to ensure the safety and comfort of our passengers and crew, which is always our foremost priority. The following is an update of Princess' sailings in the region.
Caribbean Princess Voyage B439
To avoid the projected path of Hurricane Jeanne, Caribbean Princess' current voyage was changed to a Western Caribbean itinerary in place of the scheduled Eastern Caribbean route. The itinerary is:
Port Date Arrival Departure
Port Everglades Sat 18 Sep 5 pm
At Sea Sun 19 Sep
Cozumel Mon 20 Sep 7 am 6 pm
At Sea Tues 21 Sep
Ocho Rios Wed 22 Sep 7 am 5 pm
At Sea Thurs 23 Sep
Nassau Fri 24 Sep 8 am 6:30 pm
Port Everglades Sat 25 Sep 7 am
We are continuing to closely monitor weather in the region and will post any updates to this information on our web site, www.princess.com
I don't see any mention of their private island, but keep checking and hopefully, you'll find some information before you cruise.