You can transfer to another booking, but the penalty is $200. We booked a TA while on board another cruise, and the deposit was $200, non-refundable. We cancelled that cruise and applied the booking to a Bermuda sailing. They just added the $200 non-refundable penalty onto the cost of the cruise. Total came out to around $2500 total, including the $200 penalty. Cost of the cruise came down to around $2000, so we readjusted the price, and really didn't lose our $200 deposit.