Awesome news! Carnival Corporation announced today that it is suspending fuel supplements effective for all voyages departing on or after December 17, 2008. This suspension applies to all six of Carnival Corporation's brands, including Carnival Cruise Lines, Costa Cruises, Cunard Line, Holland America Line, Princess Cruises and The Yachts of Seabourn.
The fuel supplement will be refunded by shipboard credit for all bookings within the final payment period for departures on or after December 17, 2008. All bookings outside of the final payment period for departures on or after December 17, 2008 will be adjusted to remove the fuel supplement and guests will be provided with a revised final payment amount.
Carnival's executives cautioned that the fuel supplement could be re-instated if oil prices increase significantly. Carnival therefore reserves the right to re-instate the fuel supplement for all guests at up to $9 per person per day should the price of light sweet crude oil according to the NYMEX (New York Mercantile Exchange Index) increase above $70 per barrel.
I'm not surprised this is happening and I am certainly glad to see it! I expect that the other major cruise lines will follow suit pretty quickly, so we might be able to finally say goodbye to fuel surcharges... at least for a while!
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