sodsmom Posted January 12, 2015 #1 Share Posted January 12, 2015 I would just like to bring attention to the fact that when fuel prices have increased in past say 20% that cruise lines have added a surcharge to cover this increase Well now that fuel prices have dropped by close to 50% where is the discount? Link to comment Share on other sites More sharing options...
garycarla Posted January 12, 2015 #2 Share Posted January 12, 2015 Do not be waiting for that to happen. Just not going to. Maybe some of the specials being offered lately are a reflection of that. Link to comment Share on other sites More sharing options...
njhorseman Posted January 12, 2015 #3 Share Posted January 12, 2015 All though cruise lines may have raised fares, not one US-based cruise line I know of has imposed the fuel surcharge typically permitted by the passenger contract in the past 5 or 6 years. (Cunard did...but they're based in the UK). Cruise lines (as well as airlines) have various fuel contracts bought to hedge against the rising cost of fuel. If the price of a barrel of oil declines $10, that doesn't mean the cruise lines' (or airlines') costs immediately decline $10. Those same hedging contracts that protect against oil price increases also lock in higher than current market prices when the cost of a barrel of oil declines. As a result, depending on the contracts, it can take some time for the market price declines significantly impact the price the cruise lines' pay. Link to comment Share on other sites More sharing options...
cliffd64 Posted January 12, 2015 #4 Share Posted January 12, 2015 I too would like to see where anyone was charged a fuel supplement even when oil was over 100 a barrel... I was never charged any such supplement... Link to comment Share on other sites More sharing options...
jaja Posted January 12, 2015 #5 Share Posted January 12, 2015 I too would like to see where anyone was charged a fuel supplement even when oil was over 100 a barrel... I was never charged any such supplement... A few years ago...I did have it added to my account...and a few months later it was removed..when prices fell. Link to comment Share on other sites More sharing options...
njhorseman Posted January 12, 2015 #6 Share Posted January 12, 2015 (edited) A few years ago...I did have it added to my account...and a few months later it was removed..when prices fell. It had to be at least 5 or 6 years ago...maybe even longer. The US-based cruise lines stopped doing it because they realized it was less noticeable to passengers to just raise base fares a few dollars a day rather than add a separate surcharge. Also when they started hedging they protected themselves again sudden increases in the market price of fuel that weren't anticipated when fares were set. Edited January 12, 2015 by njhorseman Link to comment Share on other sites More sharing options...
roger001 Posted January 12, 2015 #7 Share Posted January 12, 2015 In the past 5 years, when oil has been considerably above $65 a barrel, I am not aware of any fuel surcharge being added to our fares as was the company's prerogative. Therefore, there's not legitimate reason to expect a fuel surcharge refund on future cruises. Fares will continue to reflect supply and demand. That would be to try and never operate a cruise below cost, and when possible due to demand, operate a cruise as much above cost as the market will allow. Link to comment Share on other sites More sharing options...
calex Posted January 12, 2015 #8 Share Posted January 12, 2015 The North American Emission Control Area (ECA) regulations went into effect on January 1, 2015 and cruise lines must use low-sulfur fuels or invest in expensive scrubber technology to ensure the ships exhaust meet the new low sulfur emission standards. For the full story, see: http://www.cruisecritic.com/articles.cfm?ID=1700 If there is going to be any movement on cruise prices, it is more likely to be a price increase due to the requirements of the ECA. Link to comment Share on other sites More sharing options...
jaja Posted January 12, 2015 #9 Share Posted January 12, 2015 It had to be at least 5 or 6 years ago...maybe even longer. The US-based cruise lines stopped doing it because they realized it was less noticeable to passengers to just raise base fares a few dollars a day rather than add a separate surcharge. Also when they started hedging they protected themselves again sudden increases in the market price of fuel that weren't anticipated when fares were set. It may have been that long....I don't remember exactly when..but I do remember calling them when I saw that it was no longer being added..and thus asked it be taken off...;) Link to comment Share on other sites More sharing options...
AKR2011 Posted January 12, 2015 #10 Share Posted January 12, 2015 If they ever do offer a discount or lower fares, it won't happen for awhile. It's just like airline fares haven't gone down. It takes MUCH longer to see a price difference in fuel for planes and ships because they buy it so far in advance. Link to comment Share on other sites More sharing options...
luddite Posted January 12, 2015 #11 Share Posted January 12, 2015 The discount is right there next to the list of tasty non-swill beers that they sell.................. Link to comment Share on other sites More sharing options...
rvsullivan Posted January 13, 2015 #12 Share Posted January 13, 2015 (edited) In 2010 P&O and Olsen both added a surcharge, none of the mainstream U.S. based carriers did. Edited January 13, 2015 by rvsullivan Link to comment Share on other sites More sharing options...
kollegekreed Posted January 13, 2015 #13 Share Posted January 13, 2015 You're probably going to want to direct this question to your favorite airline As well... Link to comment Share on other sites More sharing options...
Rochesterboatingdotcom Posted January 13, 2015 #14 Share Posted January 13, 2015 We got charged the supplement on Carnival in 2007. However, there was some litigation against the cruise lines regarding this charge, and they ended up refunding it about a month later. Link to comment Share on other sites More sharing options...
nfglory1 Posted January 13, 2015 #15 Share Posted January 13, 2015 (edited) An article I read put it really well. It related to a very popular, well known coffee chain and how when the underlying source (coffee beans) goes up, then in turn coffee prices go up. But when coffee bean prices go down, no one expects coffee prices to decrease as well. And much like airlines, there are futures and hedges bought on these commodities. It's more in the supply and demand that will drive the price. So I wouldn't expect cruise fare or airfare to drop until the demand drops. Edited January 13, 2015 by nfglory1 Link to comment Share on other sites More sharing options...
medicalma'am Posted January 13, 2015 #16 Share Posted January 13, 2015 We had a fuel surcharge on, I believe, our first NCL cruise to Alaska in 2007. I haven't seen one since. Link to comment Share on other sites More sharing options...
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