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Jubilee to be Scrapped


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"To be scraped". The Tropical, the first Carnival built ship came out in 1982, I was an original crew member, casino dealer. It has been sold several times, funnel changed, and is now a Green Peace ship...

 

No, she has absolutely nothing to do with Green Peace at all, but is Peace Boat- totally different organization, thankfully! Learn about her here:

 

http://peaceboat.org/english/?menu=46

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My guess is that if you offered to buy it, you couldn't take delivery before December 2017. The latest cruise on the Fantasy is scheduled for April 30, 2018. Unless if Carnival extended its contract with Mobile already, the earliest it could pull out of Mobile is November 28, 2017.

 

At $100 Million, the ship will never sell - having 2000 passengers paying an average fare of $50 per night will be about $36 Million in fare revenue. If you assume the onboard spending is twice that, that's only about $108 Million in which you expect to net about 15%, or about $16 Million in profit. A payback period of 6-7 years doesn't do much for investors. Even if the ship sails with closer to 2500 passengers on average, that's still about 5 years to recoup the cost of the ship. That doesn't include any costs to renovate and re-brand the ship.

 

Reportedly the Jubilee (Henna) was marked down to $22 Million when she sold. Given she isn't that much smaller than Carnival Fantasy in terms of passenger capacity, it would be much easier for an investor to turn around in 2-3 years at that price.

 

 

Sent from my iPhone using Tapatalk

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sailing on a cruise ship was on the Jubilee 3/17/1991 for our Honeymoon. We flew from NJ to CA for a "once in a lifetime" opportunity of taking a cruise. It was the Mexican Riviera itinerary.

 

Fast forward to our 25th/Silver wedding anniversary this past March. We finished up our 25th cruise and am currently pre-packing for our Carnival Pride sailing in a few weeks; number 26. The "cruise bug" bit and remains our preferred method of pleasure travel.

 

I am sad to see the old girl pending demise. I will plan on watching our honeymoon FunTime VHS (yes, I THINK I have an old VHS player in the basement somewhere) and recall her fondly with a few fingers of good bourbon.

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