5 per cent decline in shares of Norwegian cruise companies, 4 per cent decline in carnival and 3 per cent decline in the Royal Caribbean

The Norwegian Cruise Line share price fell by 5 per cent, Carnival by 4 per cent and Royal Caribbean by 3 per cent. As the price of crude oil rose, the cost of fuel for cruise companies directly affected their profitability. The Norwegian cruise company ' s share price is currently $16.50, the carnival share price is $25.65 and the Royal Caribbean share price is $299.76. Although the three companies did not publish any company-specific news today, the market is re-pricing its operating margins and refinancing costs。