Thu 18 Dec 2008 09:33

Crystal Cruises suspends fuel surcharge


Decision follows similar moves made by rival cruise operators.



Los Angeles-based Crystal Cruises has announced that it is eliminating its fuel surcharge for 2009 with immediate effect, as a result of the continuing drop in oil prices.

New bookings will not be charged a fuel surcharge. For bookings under deposit, Crystal will adjust each booking within the next two weeks, eliminating the fuel surcharge.

Meanwhile, guests who have paid in full will receive a shipboard credit in the amount of the assessed fuel surcharge. This revised policy applies to all cruises departing after January 1st 2009.

Crystal Cruises had recently announced that it would review oil prices quarterly and would credit fuel surcharges during 2009 if light sweet crude oil prices dipped below $65 per barrel.

"The decreased price of crude oil is significant enough to warrant the elimination of the fuel surcharge at the present time," said Gregg Michel, president of Crystal Cruises. "We will continue to monitor fuel costs. Fortunately, the price trend is currently positive for us and for the consumer."

The company's decision to suspend its fuel surcharge follows similar moves made by rival cruise operators Carnival Corporation & plc, Royal Caribbean Cruises Ltd., Norwegian Cruise Line (NCL) and Windstar Cruises, who have also decided to remove their existing fuel surcharge this month following the recent decline in crude and bunker prices.

Martin Vorgod, CEO of Global Risk Management. Martin Vorgod elevated to CEO of Global Risk Management  

Vorgod, currently CCO at GRM, will officially step in as CEO on December 1, succeeding Peder Møller.

Dorthe Bendtsen, KPI OceanConnect. Dorthe Bendtsen named interim CEO of KPI OceanConnect  

Officer with background in operations and governance to steer firm through transition as it searches for permanent leadership.

Bunker Holding's executive management team, from left to right: CCO Anders Grønborg,  COO Peder Møller, CEO Keld R. Demant and CFO Michael Krabbe. Bunker Holding revamps commercial department and management team  

CCO departs; commercial activities divided into sales and operations.

Image of a bunker delivery being performed by Peninsula's Hercules 8000 tanker vessel. Peninsula extends UAE coverage into Abu Dhabi and Jebel Ali  

Supplier to provide 'full range of products' after securing bunker licences.

A screenshot taken from Peninsula's homepage on October 4, 2024. Peninsula to receive first of four tankers in Q2 2025  

Methanol-ready vessels form part of bunker supplier's fleet renewal programme.

Stephen Robinson, pictured on his appointment as Head of Bunker Strategy and Procurement at Tankers International. Stephen Robinson heads up bunker desk at Tankers International  

Former Bomin and Cockett MD appointed Head of Bunker Strategy and Procurement.

Chart showing percentage of off-spec and on-spec samples by fuel type, according to VPS. Is your vessel fully protected from the dangers of poor-quality fuel? | Steve Bee, VPS  

Commercial Director highlights issues linked to purchasing fuel and testing quality against old marine fuel standards.

Ships at the Tecon container terminal at the Port of Suape, Brazil. GDE Marine targets Suape LSMGO by year-end  

Expansion plan revealed following '100% incident-free' first month of VLSFO deliveries.

Hercules Tanker Management and Hyundai Mipo Dockyard sign bunker vessel agreement Peninsula CEO seals deal to build LNG bunker vessel  

Agreement signed through shipping company Hercules Tanker Management.

Illustration of Kotug tugboat and the logos of Auramarine and Sanmar Shipyards. Auramarine supply system chosen for landmark methanol-fuelled tugs  

Vessels to enter into service in mid-2025.


↑  Back to Top