1 00:00:00,000 --> 00:00:02,020 Welcome to Cruise News, your daily 2 00:00:02,020 --> 00:00:03,640 update on everything happening at 3 00:00:03,640 --> 00:00:06,299 sea. Visit cruisenews .io to see 4 00:00:06,299 --> 00:00:08,300 today's stories and sign up for 5 00:00:08,300 --> 00:00:11,119 email alerts. So today, we're really 6 00:00:11,119 --> 00:00:13,400 looking at a day of, well, massive 7 00:00:13,400 --> 00:00:15,240 cruise curveballs. Yeah, curveballs 8 00:00:15,240 --> 00:00:16,440 is definitely the right word for 9 00:00:16,440 --> 00:00:18,539 it. It's been wild. Right. I mean, 10 00:00:18,539 --> 00:00:20,120 we're talking about everything from 11 00:00:20,120 --> 00:00:23,160 major regional shutdowns to, you 12 00:00:23,160 --> 00:00:25,000 know, everyday port delays, and 13 00:00:25,000 --> 00:00:26,879 then ending with this bold new way 14 00:00:26,879 --> 00:00:29,140 to cruise long term. Which is fascinating 15 00:00:29,140 --> 00:00:30,859 because this whole industry relies 16 00:00:30,859 --> 00:00:33,320 on this incredibly intense choreography, 17 00:00:33,560 --> 00:00:34,979 right? Like, everything is timed 18 00:00:34,979 --> 00:00:37,140 down to the minute. Exactly. And 19 00:00:37,140 --> 00:00:38,700 today, we're looking at what actually 20 00:00:38,759 --> 00:00:39,960 happens to you when that rhythm 21 00:00:39,960 --> 00:00:42,460 completely breaks down. We'll explore 22 00:00:42,460 --> 00:00:44,280 this mundane port delay that just 23 00:00:44,280 --> 00:00:46,759 cascades, a huge geopolitical shutdown, 24 00:00:47,060 --> 00:00:48,479 and finally, a structural shift 25 00:00:48,479 --> 00:00:50,039 toward long -term residential cruising. 26 00:00:50,399 --> 00:00:51,820 Yeah, it really shows how fragile 27 00:00:51,820 --> 00:00:53,100 the whole system can be when you 28 00:00:53,100 --> 00:00:55,000 push it. OK, let's unpack this, 29 00:00:55,039 --> 00:00:56,200 starting with the everyday stuff, 30 00:00:56,420 --> 00:00:57,600 something that seems totally mundane 31 00:00:57,600 --> 00:00:59,439 but just exposes that fragility. 32 00:00:59,719 --> 00:01:01,420 A foggy morning in Jacksonville, 33 00:01:01,659 --> 00:01:03,810 Florida. Right. And, you know, it 34 00:01:03,810 --> 00:01:05,290 sounds minor to a lot of people, 35 00:01:05,390 --> 00:01:06,870 like, oh, it's just some fog. Just 36 00:01:06,870 --> 00:01:09,730 a little mist. Exactly. But weather 37 00:01:09,730 --> 00:01:11,670 is literally the ultimate stress 38 00:01:11,670 --> 00:01:12,870 test for this industry. You can 39 00:01:12,870 --> 00:01:15,109 spend, I mean, billions of dollars 40 00:01:15,109 --> 00:01:17,629 on state of the art logistics, automated 41 00:01:17,629 --> 00:01:20,109 terminals, precision scheduling. 42 00:01:20,349 --> 00:01:21,730 But the weather doesn't care. It 43 00:01:21,730 --> 00:01:23,909 doesn't. The moment the atmosphere 44 00:01:23,909 --> 00:01:26,150 drops visibility to zero on a turnaround 45 00:01:26,150 --> 00:01:28,790 day, all that expensive infrastructure 46 00:01:28,790 --> 00:01:30,939 basically hits a brick wall. And 47 00:01:30,939 --> 00:01:32,640 we saw exactly how that brick wall 48 00:01:32,640 --> 00:01:35,420 functions on March 2nd, 2026. This 49 00:01:35,420 --> 00:01:37,200 was in Jacksonville. Yep, the Carnival 50 00:01:37,200 --> 00:01:38,400 Alation. Right, Carnival Alation. 51 00:01:38,959 --> 00:01:40,099 So looking at the Port Authority 52 00:01:40,099 --> 00:01:42,019 logs and the passenger updates from 53 00:01:42,019 --> 00:01:43,799 that morning, the ship was just 54 00:01:43,799 --> 00:01:45,260 returning from a four -night Bahamas 55 00:01:45,260 --> 00:01:47,400 cruise. And we should note, no mechanical 56 00:01:47,400 --> 00:01:49,019 issues whatsoever. None. I mean, 57 00:01:49,079 --> 00:01:52,040 it's a 70 ,367 gross ton fantasy 58 00:01:52,040 --> 00:01:54,620 class vessel built back in 1998. 59 00:01:54,920 --> 00:01:56,359 It literally just came out of a 60 00:01:56,359 --> 00:01:58,079 fresh dry dock in Freeport. Yes, 61 00:01:58,079 --> 00:02:00,439 exactly. January 2026. repulsion, 62 00:02:00,459 --> 00:02:01,840 navigation, engines, everything 63 00:02:01,840 --> 00:02:04,079 was totally flawless. But then this 64 00:02:04,079 --> 00:02:06,480 incredibly dense blanket of fog 65 00:02:06,480 --> 00:02:08,900 just parks itself right over North 66 00:02:08,900 --> 00:02:12,479 Florida. And it completely halted 67 00:02:12,479 --> 00:02:13,960 the ship's approach. We're talking 68 00:02:13,960 --> 00:02:15,939 a full three hour delay arriving 69 00:02:15,939 --> 00:02:17,659 at the home port. And look, three 70 00:02:17,659 --> 00:02:19,270 hours might sound to you like, I 71 00:02:19,270 --> 00:02:20,889 don't know, a long lunch break. 72 00:02:21,189 --> 00:02:22,729 Right. You just grab a coffee and 73 00:02:22,729 --> 00:02:24,509 wait. Yeah. But in maritime operations, 74 00:02:24,729 --> 00:02:26,189 a three hour delay on a turnaround 75 00:02:26,189 --> 00:02:28,310 day is just a structural disaster. 76 00:02:28,330 --> 00:02:30,009 How so? Well, you have to look at 77 00:02:30,009 --> 00:02:31,229 the physics of the bottleneck here. 78 00:02:31,830 --> 00:02:34,370 Dense sea fog is this recurring, 79 00:02:34,550 --> 00:02:37,330 totally systemic vulnerability for 80 00:02:37,330 --> 00:02:39,129 southeast and Gulf Coast ports in 81 00:02:39,129 --> 00:02:41,189 the winter. Oh, like Tampa, Mobile. 82 00:02:41,439 --> 00:02:43,719 Galveston. Exactly. New Orleans, 83 00:02:44,020 --> 00:02:45,840 Jacksonville. In these cooler months, 84 00:02:45,900 --> 00:02:47,719 you get these rapidly fluctuating 85 00:02:47,719 --> 00:02:49,360 air temperatures interacting with 86 00:02:49,360 --> 00:02:51,319 warmer ocean currents, and it creates 87 00:02:51,319 --> 00:02:53,759 this thick thermal inversion like 88 00:02:53,759 --> 00:02:56,599 pea soup fog. Visibility drops to 89 00:02:56,599 --> 00:02:58,900 near absolute zero. And Harbor pilots, 90 00:02:58,900 --> 00:03:01,439 they simply cannot safely guide 91 00:03:01,439 --> 00:03:04,039 a 70 ,000 ton steel vessel through 92 00:03:04,039 --> 00:03:05,840 these really narrow shipping channels 93 00:03:05,840 --> 00:03:07,240 using just instruments. Because 94 00:03:07,240 --> 00:03:08,919 if they can't see the markers, it's 95 00:03:08,919 --> 00:03:11,180 game over. Exactly. The Coast Guard 96 00:03:11,180 --> 00:03:12,500 or the Port Authority will just 97 00:03:12,500 --> 00:03:14,180 shut the channel down. So the ship 98 00:03:14,180 --> 00:03:16,219 is forced to drop anger out in the 99 00:03:16,219 --> 00:03:18,340 open ocean, literally burning fuel, 100 00:03:18,719 --> 00:03:20,379 while the clock is just ticking. 101 00:03:20,719 --> 00:03:22,699 Which instantly ruins the plans 102 00:03:22,699 --> 00:03:24,560 of the thousands of people waiting 103 00:03:24,560 --> 00:03:27,300 to board. I actually saw a Facebook 104 00:03:27,300 --> 00:03:30,099 post from a guest who said they'd 105 00:03:30,099 --> 00:03:32,659 already been driving for like two 106 00:03:32,659 --> 00:03:34,580 hours toward the port when the delay 107 00:03:34,580 --> 00:03:35,939 notice finally hit their phone. 108 00:03:36,240 --> 00:03:38,840 Oh man, that's the worst. Right. 109 00:03:38,990 --> 00:03:40,509 They just had to pull off the highway, 110 00:03:40,729 --> 00:03:42,610 find a diner, and just sit there. 111 00:03:43,110 --> 00:03:44,530 Because this delay didn't just trap 112 00:03:44,530 --> 00:03:45,830 the passengers on board who were 113 00:03:45,830 --> 00:03:47,689 trying to disembark. It totally 114 00:03:47,689 --> 00:03:49,289 blew up the embarkation schedule 115 00:03:49,289 --> 00:03:50,909 for the next cruise. The five -night 116 00:03:50,909 --> 00:03:52,389 sailing, right? Yeah. Heading out 117 00:03:52,389 --> 00:03:54,650 for Sea Day, then Celebration Key, 118 00:03:55,050 --> 00:03:56,960 and NASA. Well, and the logistics 119 00:03:56,960 --> 00:03:59,539 of a turnaround day are so incredibly 120 00:03:59,539 --> 00:04:01,180 rigid. I mean, the terminal is designed 121 00:04:01,180 --> 00:04:02,539 as a high -speed throughput engine. 122 00:04:02,719 --> 00:04:04,599 It is not a storage facility. Definitely 123 00:04:04,599 --> 00:04:06,340 not. So when a ship is three hours 124 00:04:06,340 --> 00:04:08,479 late, you've got Union Longshoremen 125 00:04:08,479 --> 00:04:10,680 standing idle, right, on the clock, 126 00:04:11,099 --> 00:04:12,819 waiting to load provisions. Just 127 00:04:12,819 --> 00:04:14,659 burning money. Exactly. You have 128 00:04:14,659 --> 00:04:16,339 customs and border protection officers 129 00:04:16,339 --> 00:04:18,100 waiting to clear the returning passengers. 130 00:04:18,480 --> 00:04:20,339 All those labor costs are piling 131 00:04:20,339 --> 00:04:21,680 up while the ship is just sitting 132 00:04:21,680 --> 00:04:23,879 at anchor. I always think of this 133 00:04:23,879 --> 00:04:26,759 scenario like, like a buffer overflow 134 00:04:26,759 --> 00:04:28,980 in a computer system, once the memory 135 00:04:28,980 --> 00:04:31,360 is full, every single subsequent 136 00:04:31,360 --> 00:04:33,660 process just crashes. That's a great 137 00:04:33,660 --> 00:04:35,860 way to put it. Or in physical terms, 138 00:04:36,420 --> 00:04:37,680 think of it like a massive parking 139 00:04:37,680 --> 00:04:39,300 garage in a really crowded city. 140 00:04:39,860 --> 00:04:41,680 You simply cannot open the gates. 141 00:04:41,980 --> 00:04:44,000 and let 2 ,000 new cars into the 142 00:04:44,000 --> 00:04:46,319 structure until the 2 ,000 old cars 143 00:04:46,319 --> 00:04:48,279 have backed out, paid, and driven 144 00:04:48,279 --> 00:04:50,300 away. Right. There physically isn't 145 00:04:50,300 --> 00:04:52,759 floor space. Exactly. You have over 146 00:04:52,759 --> 00:04:54,579 2 ,000 passengers trying to drag 147 00:04:54,579 --> 00:04:56,540 their luggage through customs, find 148 00:04:56,540 --> 00:04:57,959 their shuttles, locate their cars. 149 00:04:58,399 --> 00:05:00,160 Carnival couldn't just pile the 150 00:05:00,160 --> 00:05:01,800 next wave of vacationers into that 151 00:05:01,800 --> 00:05:03,540 exact same building. No, they couldn't. 152 00:05:03,699 --> 00:05:05,500 And that structural limitation forced 153 00:05:05,500 --> 00:05:07,519 Carnival to take a really hard line 154 00:05:07,519 --> 00:05:09,240 with the incoming guests. Yeah, 155 00:05:09,240 --> 00:05:10,980 they did. They wiped out the morning 156 00:05:10,980 --> 00:05:13,240 embarkation windows entirely. Yep. 157 00:05:14,420 --> 00:05:16,519 The 10 a .m. arrival slot got pushed 158 00:05:16,519 --> 00:05:18,980 all the way back to 1 p .m. And 159 00:05:18,980 --> 00:05:20,959 they established this strict, totally 160 00:05:20,959 --> 00:05:22,699 non -negotiable terminal deadline 161 00:05:22,699 --> 00:05:24,560 of 5 p .m. And they had to be pretty 162 00:05:24,560 --> 00:05:25,839 firm about it, right? Oh, yeah. 163 00:05:26,399 --> 00:05:28,399 They explicitly warned incoming 164 00:05:28,399 --> 00:05:30,160 guests that if they showed up ahead 165 00:05:30,160 --> 00:05:31,839 of their revised time slot, they 166 00:05:31,839 --> 00:05:33,100 would be turned away at the door. 167 00:05:33,420 --> 00:05:36,540 Period. Wow. which, you know, completely 168 00:05:36,540 --> 00:05:38,139 changes the psychology of the passenger 169 00:05:38,139 --> 00:05:40,060 for that trip. 100%. Instead of 170 00:05:40,060 --> 00:05:42,139 this seamless, relaxing transition 171 00:05:42,139 --> 00:05:44,160 into a vacation, you're starting 172 00:05:44,160 --> 00:05:46,740 your trip frustrated. You're managing 173 00:05:46,740 --> 00:05:48,339 luggage in a parking lot, dealing 174 00:05:48,339 --> 00:05:50,480 with aggressive crowd control. And 175 00:05:50,480 --> 00:05:51,920 it hits the cruise line's bottom 176 00:05:51,920 --> 00:05:53,800 line immediately, too. Because that 177 00:05:53,800 --> 00:05:55,180 five -night itinerary starts with 178 00:05:55,180 --> 00:05:57,139 a sea day, Carnival noted they actually 179 00:05:57,139 --> 00:05:58,680 had some flexibility to increase 180 00:05:58,680 --> 00:06:00,639 their crewing speed to make up the 181 00:06:00,639 --> 00:06:02,360 lost time before reaching Celebration 182 00:06:02,360 --> 00:06:04,259 Key. Right, but there's a huge catch 183 00:06:04,259 --> 00:06:06,199 there. The fuel. Exactly. Pushing 184 00:06:06,199 --> 00:06:07,959 those engines to higher knots burns 185 00:06:07,959 --> 00:06:10,300 exponentially more fuel. Plus, while 186 00:06:10,300 --> 00:06:12,139 the ship is delayed in port, the 187 00:06:12,139 --> 00:06:13,879 casino is legally required to stay 188 00:06:13,879 --> 00:06:16,120 closed. The duty -free shops are 189 00:06:16,120 --> 00:06:18,230 shuttered. Yep. So they are burning 190 00:06:18,230 --> 00:06:20,550 extra fuel and losing out on hours 191 00:06:20,550 --> 00:06:23,029 of prime onboard revenue. It's just 192 00:06:23,029 --> 00:06:25,769 a textbook example of how a localized 193 00:06:25,769 --> 00:06:28,029 temporary atmospheric condition 194 00:06:28,029 --> 00:06:30,610 can cost a cruise line tens of thousands 195 00:06:30,610 --> 00:06:33,009 of dollars and instantly sour the 196 00:06:33,009 --> 00:06:34,550 customer experience. Absolutely. 197 00:06:34,670 --> 00:06:36,310 But you know, as disruptive as a 198 00:06:36,310 --> 00:06:38,269 closed shipping channel is, eventually 199 00:06:38,269 --> 00:06:40,410 the ship docks, the fog lifts, and 200 00:06:40,410 --> 00:06:42,100 the system resets. Right. Which 201 00:06:42,100 --> 00:06:43,819 brings us to a scenario where the 202 00:06:43,819 --> 00:06:45,699 system does not reset. Yeah, this 203 00:06:45,699 --> 00:06:47,600 is where things get really intense. 204 00:06:47,660 --> 00:06:49,000 Because when you look at how vulnerable 205 00:06:49,000 --> 00:06:51,060 a traditional cruise is to a temporary 206 00:06:51,060 --> 00:06:53,399 weather delay, it really puts things 207 00:06:53,399 --> 00:06:55,500 into perspective when an entire 208 00:06:55,500 --> 00:06:57,779 regional grid just crashes. We're 209 00:06:57,779 --> 00:06:58,879 looking at the Arabian Gulf right 210 00:06:58,879 --> 00:07:00,699 now. Right. TY Cruises has been 211 00:07:00,699 --> 00:07:02,360 forced to cancel multiple departures 212 00:07:02,360 --> 00:07:04,699 for two of their major ships, Mineship 213 00:07:04,699 --> 00:07:07,079 4 and Mineship 5. And Mineship 4 214 00:07:07,079 --> 00:07:08,879 was docked in Abu Dhabi while Mineship 215 00:07:08,879 --> 00:07:11,180 5 was stationed over in Doha. Exactly. 216 00:07:11,360 --> 00:07:13,079 And the cancellations are rolling 217 00:07:13,079 --> 00:07:14,600 deep into the season. We're talking 218 00:07:14,600 --> 00:07:17,079 March 23rd for Mineshift 4 and March 219 00:07:17,079 --> 00:07:19,399 12th for Mineshift 5. This really 220 00:07:19,399 --> 00:07:21,120 elevates our discussion from, you 221 00:07:21,120 --> 00:07:23,480 know, an operational inconvenience 222 00:07:23,480 --> 00:07:26,480 to high stakes global gridlock. 223 00:07:26,899 --> 00:07:29,199 Yeah, definitely. The security environment 224 00:07:29,199 --> 00:07:31,439 in the Middle East degraded with 225 00:07:31,439 --> 00:07:34,040 staggering speed. And we are looking 226 00:07:34,040 --> 00:07:36,459 at the maritime and logistical fallout 227 00:07:36,459 --> 00:07:38,699 here, just strictly the operational 228 00:07:38,699 --> 00:07:40,379 reality of having commercial vessels 229 00:07:40,379 --> 00:07:42,600 in a suddenly hostile zone. And 230 00:07:42,600 --> 00:07:44,420 the catalyst for this specific shutdown 231 00:07:44,420 --> 00:07:46,519 happened on the afternoon of March 232 00:07:46,519 --> 00:07:49,850 1st, 2026. According to the security 233 00:07:49,850 --> 00:07:52,089 briefings, there was a severe incident 234 00:07:52,089 --> 00:07:54,269 right near Port Zayed in Abu Dhabi. 235 00:07:54,490 --> 00:07:56,870 Right where Mine Shift 4 was actively 236 00:07:56,870 --> 00:07:59,389 docked. Yes. Two missile -armed 237 00:07:59,389 --> 00:08:01,490 drones struck a nearby naval base 238 00:08:01,490 --> 00:08:03,189 warehouse. Just terrifying for anyone 239 00:08:03,189 --> 00:08:04,470 there. Oh, absolutely. Yeah. And 240 00:08:04,470 --> 00:08:05,889 this wasn't some distant rumor for 241 00:08:05,889 --> 00:08:07,329 the passengers. There were loud 242 00:08:07,329 --> 00:08:08,589 explosions. Shipping containers 243 00:08:08,589 --> 00:08:10,750 caught fire. Heavy black smoke was 244 00:08:10,750 --> 00:08:12,389 billowing into the sky. You could 245 00:08:12,389 --> 00:08:13,629 clearly see it from the upper decks 246 00:08:13,629 --> 00:08:15,149 of the cruise ship. But the response 247 00:08:15,149 --> 00:08:16,889 from the crew was immediate and 248 00:08:16,889 --> 00:08:18,310 honestly textbook. Yeah, they didn't 249 00:08:18,310 --> 00:08:20,029 mess around. Not at all. I mean, 250 00:08:20,149 --> 00:08:23,790 Mine Shift 4 is a nearly 100 ,000 251 00:08:23,790 --> 00:08:25,629 gross ton vessel carrying about 252 00:08:25,629 --> 00:08:28,170 2 ,500 guests. They immediately 253 00:08:28,170 --> 00:08:30,350 initiated emergency protocols. They 254 00:08:30,350 --> 00:08:31,850 moved everyone away from the outer 255 00:08:31,850 --> 00:08:33,950 decks and the windows and literally 256 00:08:33,950 --> 00:08:35,909 sheltered the passengers in the 257 00:08:35,909 --> 00:08:38,250 interior theater. Wow. And thankfully, 258 00:08:38,269 --> 00:08:40,149 the vessel was completely undamaged. 259 00:08:40,450 --> 00:08:42,190 Zero injuries reported among the 260 00:08:42,190 --> 00:08:43,909 guests or crew. Which is incredible. 261 00:08:44,169 --> 00:08:45,570 And actually, passenger reports 262 00:08:45,570 --> 00:08:47,450 highlighted how methodically the 263 00:08:47,450 --> 00:08:49,230 crew handled it. They were keeping 264 00:08:49,230 --> 00:08:51,549 families and young kids calm while 265 00:08:51,549 --> 00:08:53,429 this whole situation on shore was 266 00:08:53,429 --> 00:08:54,909 unfolding. Wait, I have to stop 267 00:08:54,909 --> 00:08:56,009 you there, because you might be 268 00:08:56,009 --> 00:08:56,850 wondering if things are getting 269 00:08:56,850 --> 00:08:59,070 tense. Why don't these massive ships 270 00:08:59,070 --> 00:09:00,610 just pull up the anchor and sail 271 00:09:00,610 --> 00:09:02,769 to safer waters? Like, why stay 272 00:09:02,769 --> 00:09:05,269 docked in a region actively experiencing 273 00:09:05,269 --> 00:09:06,669 military strike? I know, it is the 274 00:09:06,669 --> 00:09:08,169 most intuitive question to ask if 275 00:09:08,169 --> 00:09:09,370 the neighborhood is bad just drive 276 00:09:09,370 --> 00:09:10,669 away. Right, exactly. You're on 277 00:09:10,669 --> 00:09:12,450 a boat. But what's fascinating here 278 00:09:12,450 --> 00:09:14,809 is how geopolitical geography just 279 00:09:14,809 --> 00:09:17,250 completely overrides maritime capability. 280 00:09:17,850 --> 00:09:19,529 To get out of the Arabian Gulf and 281 00:09:19,529 --> 00:09:21,190 reach the safety of the open ocean, 282 00:09:21,690 --> 00:09:23,490 any vessel must pass through the 283 00:09:23,490 --> 00:09:25,690 Strait of Hormuz. And that specific 284 00:09:25,690 --> 00:09:27,889 strait is a severe geographic choke 285 00:09:27,889 --> 00:09:29,809 point. Because of the conflict, 286 00:09:29,990 --> 00:09:31,990 it was effectively closed to civilian 287 00:09:31,990 --> 00:09:33,789 vessels. They were trapped. Completely 288 00:09:33,789 --> 00:09:35,570 boxed in. Commercial ships could 289 00:09:35,570 --> 00:09:37,960 not leave. And furthermore, The 290 00:09:37,960 --> 00:09:39,980 moment an area is designated as 291 00:09:39,980 --> 00:09:41,940 a high -risk war zone, maritime 292 00:09:41,940 --> 00:09:44,960 insurance premiums absolutely skyrocket. 293 00:09:44,980 --> 00:09:47,220 I can't even imagine. It's astronomical, 294 00:09:47,220 --> 00:09:49,580 and it can actually void coverage 295 00:09:49,580 --> 00:09:52,620 entirely if a civilian captain intentionally 296 00:09:52,620 --> 00:09:54,340 navigates into restricted waters 297 00:09:54,340 --> 00:09:56,960 without a military escort. So they 298 00:09:56,960 --> 00:09:59,039 could not legally or safely navigate 299 00:09:59,039 --> 00:10:01,299 the only exit route by sea. So you 300 00:10:01,299 --> 00:10:02,759 have thousands of people trapped 301 00:10:02,759 --> 00:10:04,460 on a ship that literally cannot 302 00:10:04,460 --> 00:10:06,259 sail, which means the only way out 303 00:10:06,259 --> 00:10:09,370 is by air. Exactly. And that exposes 304 00:10:09,370 --> 00:10:11,110 the absolute deepest structural 305 00:10:11,110 --> 00:10:12,529 dependency of the modern cruise 306 00:10:12,529 --> 00:10:14,090 industry. Right. A cruise ship is 307 00:10:14,090 --> 00:10:15,750 not a self -sustaining transportation 308 00:10:15,750 --> 00:10:17,809 loop. It is entirely dependent on 309 00:10:17,809 --> 00:10:19,809 global aviation. You cannot execute 310 00:10:19,809 --> 00:10:21,269 a turnaround day or, in this case, 311 00:10:21,330 --> 00:10:23,370 a mass evacuation without a fully 312 00:10:23,370 --> 00:10:24,950 functioning international airport 313 00:10:24,950 --> 00:10:27,029 nearby. And the airports were collapsing 314 00:10:27,029 --> 00:10:29,669 alongside the seaports. We saw sweeping 315 00:10:29,669 --> 00:10:32,149 airspace closures, reports of damaged 316 00:10:32,149 --> 00:10:34,870 infrastructure at major hubs, Dubai, 317 00:10:35,129 --> 00:10:37,559 Abu Dhabi. Yeah, the major regional 318 00:10:37,559 --> 00:10:39,159 carriers, airlines like Emirates 319 00:10:39,159 --> 00:10:41,200 and Qatar Airways, they had to largely 320 00:10:41,200 --> 00:10:43,679 suspend their operations. So TUI 321 00:10:43,679 --> 00:10:45,220 Cruises is just sitting there with 322 00:10:45,220 --> 00:10:47,480 over 5 ,000 guests across these 323 00:10:47,480 --> 00:10:48,940 two ships who desperately needed 324 00:10:48,940 --> 00:10:51,679 to go home to Europe. And the commercial 325 00:10:51,679 --> 00:10:53,019 flight network they relied on just 326 00:10:53,019 --> 00:10:55,169 evaporated. The logistics of a mass 327 00:10:55,169 --> 00:10:57,049 repatriation under these conditions, 328 00:10:57,190 --> 00:10:58,789 it's mind -bending. You can't just 329 00:10:58,789 --> 00:11:00,690 drop 5 ,000 worried tourists at 330 00:11:00,690 --> 00:11:01,909 a damaged airport and wish them 331 00:11:01,909 --> 00:11:03,490 luck. Right. Here's your bag. See 332 00:11:03,490 --> 00:11:06,009 ya. Exactly. T .Y. Cruises had to 333 00:11:06,009 --> 00:11:08,370 orchestrate this massive staged 334 00:11:08,370 --> 00:11:10,850 multinational extraction. They were 335 00:11:10,850 --> 00:11:12,509 coordinating directly with the German 336 00:11:12,509 --> 00:11:14,250 Federal Foreign Office, international 337 00:11:14,250 --> 00:11:16,649 embassies, private security consultants. 338 00:11:16,809 --> 00:11:18,309 And they had to secure charter flights, 339 00:11:18,610 --> 00:11:20,230 which were highly coveted at that 340 00:11:20,230 --> 00:11:22,500 moment. Highly coveted and incredibly 341 00:11:22,500 --> 00:11:24,639 scarce. And for the few commercial 342 00:11:24,639 --> 00:11:25,980 flights that were still authorized 343 00:11:25,980 --> 00:11:28,559 to operate, like certain Qatar Airways 344 00:11:28,559 --> 00:11:31,940 routes, TUI had to negotiate specific 345 00:11:31,940 --> 00:11:34,080 seat allocations. They were just 346 00:11:34,080 --> 00:11:36,120 buying up blocks of inventory. I 347 00:11:36,120 --> 00:11:37,320 read they even had to establish 348 00:11:37,320 --> 00:11:39,360 land bridges. They were transferring 349 00:11:39,360 --> 00:11:41,840 guests from Abu Dhabi over to Dubai 350 00:11:41,840 --> 00:11:44,279 by bus just to position them for 351 00:11:44,279 --> 00:11:46,059 the few available departure windows. 352 00:11:46,159 --> 00:11:48,019 Yeah, moving people through a conflict 353 00:11:48,019 --> 00:11:50,379 zone by bus. Just incredibly. stressful. 354 00:11:50,460 --> 00:11:52,200 And they set up a dedicated family 355 00:11:52,200 --> 00:11:54,820 hotline running 10 hours a day just 356 00:11:54,820 --> 00:11:56,440 to manage the panic from relatives 357 00:11:56,440 --> 00:11:58,159 back home. Understandably though. 358 00:11:58,659 --> 00:12:00,320 And TUI wasn't alone in this nightmare 359 00:12:00,320 --> 00:12:02,970 either. MSC Euribia was stuck docked 360 00:12:02,970 --> 00:12:05,169 in Dubai facing the exact same logistical 361 00:12:05,169 --> 00:12:06,889 wall. Right, and Celestial Cruises 362 00:12:06,889 --> 00:12:08,649 had to completely suspend operations 363 00:12:08,649 --> 00:12:10,529 for their ships, the journey, and 364 00:12:10,529 --> 00:12:12,289 the discovery. They were scrambling 365 00:12:12,289 --> 00:12:13,909 to execute their own evacuation 366 00:12:13,909 --> 00:12:15,850 plans. It really forces a profound 367 00:12:15,850 --> 00:12:17,429 reckoning for itinerary planners. 368 00:12:17,750 --> 00:12:19,169 For years, the industry has pushed 369 00:12:19,169 --> 00:12:20,610 seasonal deployments into these 370 00:12:20,610 --> 00:12:22,269 regions. Because they offer lucrative 371 00:12:22,269 --> 00:12:24,129 winter sun, wealthy port cities. 372 00:12:24,450 --> 00:12:26,220 It makes sense on paper. It does, 373 00:12:26,379 --> 00:12:28,000 but when the airspace and the sea 374 00:12:28,000 --> 00:12:30,320 lanes close simultaneously, the 375 00:12:30,320 --> 00:12:32,259 product instantly stops being a 376 00:12:32,259 --> 00:12:34,940 luxury vacation and transforms into 377 00:12:34,940 --> 00:12:37,000 a highly complex multi -million 378 00:12:37,000 --> 00:12:39,179 dollar repatriation mission. Yeah, 379 00:12:39,720 --> 00:12:41,100 the ship's kept the people safe, 380 00:12:41,620 --> 00:12:42,940 but the supporting infrastructure 381 00:12:43,240 --> 00:12:45,460 proved incredibly fragile. Very 382 00:12:45,460 --> 00:12:48,159 fragile. And when you see how vulnerable 383 00:12:48,159 --> 00:12:50,039 a traditional corporate cruise is 384 00:12:50,039 --> 00:12:52,279 to a closed straight or a closed 385 00:12:52,279 --> 00:12:54,539 airport or even just a foggy morning 386 00:12:54,539 --> 00:12:56,500 in Florida, it really makes you 387 00:12:56,500 --> 00:12:57,860 wonder why anyone would subject 388 00:12:57,860 --> 00:12:59,519 themselves to a corporate itinerary 389 00:12:59,519 --> 00:13:01,340 at all. Which perfectly explains 390 00:13:01,340 --> 00:13:03,299 the explosive demand we're seeing 391 00:13:03,299 --> 00:13:05,320 in our final story. Exactly. Some 392 00:13:05,320 --> 00:13:06,679 people are looking at these operational 393 00:13:06,679 --> 00:13:08,100 headaches and deciding to just throw 394 00:13:08,100 --> 00:13:09,539 out the short -term schedule entirely. 395 00:13:09,799 --> 00:13:11,720 Right. We are witnessing a rapid, 396 00:13:11,720 --> 00:13:13,740 rapid acceleration in the residential 397 00:13:13,740 --> 00:13:15,940 live aboard market. So cool. Yeah. 398 00:13:16,059 --> 00:13:17,580 The concept of converting ships 399 00:13:17,580 --> 00:13:19,539 into permanent float and real estate 400 00:13:19,539 --> 00:13:21,779 is not new, but the scale and the 401 00:13:21,779 --> 00:13:22,940 financial backing we are seeing 402 00:13:22,940 --> 00:13:25,440 right now, it represents a significant 403 00:13:25,440 --> 00:13:27,279 shift in maritime asset management. 404 00:13:27,679 --> 00:13:29,240 Let's look at the deal Norwegian 405 00:13:29,240 --> 00:13:31,740 Cruise Line Holdings. or NCLH just 406 00:13:31,740 --> 00:13:33,759 put together. They are chartering 407 00:13:33,759 --> 00:13:35,980 out one of the older ships in their 408 00:13:35,980 --> 00:13:38,200 Regent Seven Seas fleet. The Seven 409 00:13:38,200 --> 00:13:40,179 Seas Navigator. Yes, built back 410 00:13:40,179 --> 00:13:42,519 in 1999. And they are chartering 411 00:13:42,519 --> 00:13:44,299 it to a residential startup called 412 00:13:44,299 --> 00:13:46,100 Avora Residences. They're going 413 00:13:46,100 --> 00:13:47,720 to completely transform this vessel 414 00:13:47,720 --> 00:13:50,059 into the Avora Lumina for a January 415 00:13:50,059 --> 00:13:52,700 2028 launch out of Lisbon. And they 416 00:13:52,700 --> 00:13:54,379 aren't going on a standard seven 417 00:13:54,379 --> 00:13:57,159 day Caribbean loop. No, it is beginning 418 00:13:57,159 --> 00:14:00,759 a continuous three year global circumnavigation. 419 00:14:01,120 --> 00:14:02,440 The financial structure of this 420 00:14:02,440 --> 00:14:03,799 agreement is incredibly revealing, 421 00:14:04,120 --> 00:14:05,620 too. It's structured as a nine -year 422 00:14:05,620 --> 00:14:07,220 charter that actually includes a 423 00:14:07,220 --> 00:14:09,679 purchase option. Right. NCLH student, 424 00:14:09,779 --> 00:14:11,379 they expect to complete the transaction 425 00:14:11,379 --> 00:14:13,759 by the first quarter of 2026, though 426 00:14:13,759 --> 00:14:15,259 the ship will continue sailing its 427 00:14:15,259 --> 00:14:17,000 scheduled region itineraries until 428 00:14:17,000 --> 00:14:19,500 the end of 2027. Before entering 429 00:14:19,500 --> 00:14:21,379 dry dock for that massive residential 430 00:14:21,379 --> 00:14:23,440 refit. But wait, I'm... Honestly, 431 00:14:23,440 --> 00:14:24,759 a little confused by the underlying 432 00:14:24,759 --> 00:14:27,139 logic here. Well, if NCLH is this 433 00:14:27,139 --> 00:14:29,019 massive publicly traded corporation 434 00:14:29,019 --> 00:14:31,940 and they know this 1999 vessel is 435 00:14:31,940 --> 00:14:33,639 aging out of their ultra -luxury 436 00:14:33,639 --> 00:14:35,960 Regent fleet, why don't they just 437 00:14:35,960 --> 00:14:37,519 sell it outright on the secondhand 438 00:14:37,519 --> 00:14:40,200 market? Right. Or scrap it? Why 439 00:14:40,200 --> 00:14:41,779 go through the headache of a complex 440 00:14:41,779 --> 00:14:43,299 nine -year charter agreement to 441 00:14:43,299 --> 00:14:45,059 turn it into condos? It's a great 442 00:14:45,059 --> 00:14:47,360 question. Because scrapping a luxury 443 00:14:47,360 --> 00:14:49,820 vessel yields absolute pennies on 444 00:14:49,820 --> 00:14:51,100 the dollar. You're mostly just getting 445 00:14:51,100 --> 00:14:52,639 the salvage value of the steel. 446 00:14:52,679 --> 00:14:54,620 OK. And the secondhand market for 447 00:14:54,620 --> 00:14:57,039 small, older luxury tonnage. It's 448 00:14:57,039 --> 00:14:58,419 completely saturated right now. 449 00:14:58,440 --> 00:15:00,259 Makes sense. Plus, NCLH is currently 450 00:15:00,259 --> 00:15:02,240 executing a massive fleet renewal 451 00:15:02,240 --> 00:15:04,120 strategy. They are bringing in state 452 00:15:04,120 --> 00:15:05,840 of the art, highly efficient prestige 453 00:15:05,840 --> 00:15:07,440 class ships for the Regent brand 454 00:15:07,440 --> 00:15:09,559 starting in December 2026. With 455 00:15:09,559 --> 00:15:11,539 even more scheduled for 2030, 2033 456 00:15:11,539 --> 00:15:13,559 and 2036. Exactly. So the Seven 457 00:15:13,559 --> 00:15:15,059 Seas Navigator is their oldest and 458 00:15:15,059 --> 00:15:16,870 smallest It's sitting at about 28 459 00:15:16,870 --> 00:15:20,429 ,800 gross tons operating a 1999 460 00:15:20,429 --> 00:15:22,710 vessel right alongside brand new 461 00:15:22,710 --> 00:15:25,309 billion dollar builds. It dilutes 462 00:15:25,309 --> 00:15:26,690 the brand. And it hurts their fuel 463 00:15:26,690 --> 00:15:28,539 efficiency metrics, I imagine. Big 464 00:15:28,539 --> 00:15:31,220 time. So by chartering it to Avora, 465 00:15:31,580 --> 00:15:33,779 NCLH secures a steady stream of 466 00:15:33,779 --> 00:15:35,820 revenue from an aging asset. They 467 00:15:35,820 --> 00:15:37,700 offload the operational risk and 468 00:15:37,700 --> 00:15:39,120 they basically buy themselves time 469 00:15:39,120 --> 00:15:40,480 until the ultimate purchase option 470 00:15:40,480 --> 00:15:42,279 is exercised. That is a brilliant 471 00:15:42,279 --> 00:15:44,960 disposal strategy. NCLH gets a profitable 472 00:15:44,960 --> 00:15:46,940 off -ramp and Avora gets a ship 473 00:15:46,940 --> 00:15:49,340 with a proven luxury pedigree without 474 00:15:49,340 --> 00:15:51,500 having to raise a billion dollars 475 00:15:51,500 --> 00:15:53,340 to build a hole from scratch. Exactly. 476 00:15:53,519 --> 00:15:55,320 And what Avora is selling is just 477 00:15:55,340 --> 00:15:57,279 wild. To put this in perspective 478 00:15:57,279 --> 00:15:59,200 for you, it is the difference between 479 00:15:59,440 --> 00:16:01,200 booking a high -end hotel room for 480 00:16:01,200 --> 00:16:03,200 a week versus buying a luxury floating 481 00:16:03,200 --> 00:16:05,720 condo. They are reducing the cabin 482 00:16:05,720 --> 00:16:08,740 count to create 242 private residences. 483 00:16:09,419 --> 00:16:10,899 And these units range from about 484 00:16:10,899 --> 00:16:12,840 300 square feet all the way up to 485 00:16:12,840 --> 00:16:14,580 over 1 ,100 square feet. And the 486 00:16:14,580 --> 00:16:15,700 pricing definitely reflects that 487 00:16:15,700 --> 00:16:16,799 exclusivity. For what they call 488 00:16:16,799 --> 00:16:18,399 a life of ship ownership, you are 489 00:16:18,399 --> 00:16:21,580 paying anywhere from $545 ,000 up 490 00:16:21,580 --> 00:16:24,639 to $4 .2 million. Wow. And if you 491 00:16:24,639 --> 00:16:25,899 don't want to commit to the entire 492 00:16:25,899 --> 00:16:27,559 lifespan of the vessel, they do 493 00:16:27,559 --> 00:16:28,940 offer a five -year option that's 494 00:16:28,779 --> 00:16:32,519 starts around $219 ,600. But I mean, 495 00:16:32,799 --> 00:16:34,580 haven't we seen this exact promise 496 00:16:34,580 --> 00:16:36,820 fall apart before? I specifically 497 00:16:36,820 --> 00:16:38,259 remember a company called Crescent 498 00:16:38,259 --> 00:16:40,360 Seas trying to do a residential 499 00:16:40,360 --> 00:16:42,120 conversion with this exact same 500 00:16:42,120 --> 00:16:44,779 ship back in 2025, and it completely 501 00:16:44,779 --> 00:16:46,720 collapsed. Oh, yeah. Total failure. 502 00:16:46,940 --> 00:16:48,879 Right. They realize that gutting 503 00:16:48,879 --> 00:16:51,620 a traditional cruise layout to build 504 00:16:51,620 --> 00:16:54,019 highly customized residential spaces 505 00:16:54,019 --> 00:16:56,299 requires just a staggering amount 506 00:16:56,299 --> 00:16:58,440 of capital expenditure. The plumbing, 507 00:16:58,620 --> 00:17:01,500 the electrical grids. None of it 508 00:17:01,500 --> 00:17:03,000 is designed to be easily moved. 509 00:17:03,379 --> 00:17:05,259 You are spot on. Crescent Seas failed 510 00:17:05,259 --> 00:17:06,880 because they tried to reinvent the 511 00:17:06,880 --> 00:17:08,480 ship's entire internal architecture. 512 00:17:08,859 --> 00:17:10,799 They just hit a massive wall of 513 00:17:10,799 --> 00:17:12,900 structural realities and skyrocketing 514 00:17:12,900 --> 00:17:15,019 conversion costs. So why is Avora 515 00:17:15,019 --> 00:17:16,579 confident they won't meet the exact 516 00:17:16,579 --> 00:17:19,079 same fate? Well, the CEO of Avora, 517 00:17:19,339 --> 00:17:21,059 Kathy Veloba, explicitly stated 518 00:17:21,059 --> 00:17:22,880 their strategy is evolution, not 519 00:17:22,880 --> 00:17:24,980 disruption. OK. So instead of tearing 520 00:17:24,980 --> 00:17:26,900 the ship down to the steel studs, 521 00:17:27,099 --> 00:17:28,519 Avora is retaining the established 522 00:17:28,519 --> 00:17:30,539 systems, the existing operational 523 00:17:30,539 --> 00:17:32,880 standards, and crucially, the established 524 00:17:32,880 --> 00:17:34,480 vendor and service relationships. 525 00:17:35,130 --> 00:17:36,630 So they're keeping the ship's bones 526 00:17:36,630 --> 00:17:38,349 intact. And the founder, Michael 527 00:17:38,349 --> 00:17:40,210 Pedersen, emphasized that they are 528 00:17:40,210 --> 00:17:42,170 redesigning public areas to support 529 00:17:42,170 --> 00:17:44,109 daily routines rather than just, 530 00:17:44,109 --> 00:17:46,190 like, vacation lounging. Right. 531 00:17:46,190 --> 00:17:47,769 Because it's a lifestyle, not a 532 00:17:47,769 --> 00:17:49,589 trip. Yeah. They are adding dedicated 533 00:17:49,589 --> 00:17:51,430 business hubs and global connectivity 534 00:17:51,430 --> 00:17:53,190 centers. Because you aren't just 535 00:17:53,190 --> 00:17:54,869 drinking margaritas for seven days. 536 00:17:55,289 --> 00:17:57,190 You are running your business, paying 537 00:17:57,190 --> 00:17:59,589 taxes, and living your normal life 538 00:17:59,589 --> 00:18:00,829 while the ship moves around the 539 00:18:00,829 --> 00:18:02,730 world. Which fundamentally alters 540 00:18:02,730 --> 00:18:04,930 the pacing of the journey. Unlike 541 00:18:04,930 --> 00:18:06,470 traditional cruising where the ship, 542 00:18:06,470 --> 00:18:08,210 you know, rushes into a port at 543 00:18:08,210 --> 00:18:10,410 8 a .m. and blasts the horn to recall 544 00:18:10,410 --> 00:18:12,609 everyone by 4 p .m. to save on docking 545 00:18:12,609 --> 00:18:14,589 fees. Right. The Avoir Lumina is 546 00:18:14,589 --> 00:18:16,029 designed to stay in port for up 547 00:18:16,029 --> 00:18:18,109 to five days at a time. It allows 548 00:18:18,109 --> 00:18:19,910 for actual immersion rather than 549 00:18:19,910 --> 00:18:22,190 a frantic shore excursion. And here's 550 00:18:22,190 --> 00:18:23,509 the detail that completely blew 551 00:18:23,509 --> 00:18:25,910 my mind. After that initial three 552 00:18:25,910 --> 00:18:27,910 year circumnavigation, the route 553 00:18:27,910 --> 00:18:30,690 becomes resident driven. Yes. I 554 00:18:30,690 --> 00:18:32,170 love this part. The people who bought 555 00:18:32,170 --> 00:18:34,730 the condos actually vote on where 556 00:18:34,730 --> 00:18:37,289 the ship sails next. I mean, if 557 00:18:37,289 --> 00:18:38,910 you think arguing with your neighbors 558 00:18:38,910 --> 00:18:40,650 at a standard homeowners association 559 00:18:40,650 --> 00:18:43,049 meeting about lawn care is bad, 560 00:18:43,529 --> 00:18:45,890 imagine the absolute nightmare of 561 00:18:45,890 --> 00:18:48,210 an HOA meeting at sea. Oh my gosh, 562 00:18:48,410 --> 00:18:49,710 yes. Arguing with your neighbors 563 00:18:49,710 --> 00:18:50,710 about whether you were spending 564 00:18:50,710 --> 00:18:52,829 January freezing in the North Atlantic 565 00:18:52,829 --> 00:18:55,009 or sunbathing in the Mediterranean. 566 00:18:55,250 --> 00:18:57,809 It is a hilarious image. But it 567 00:18:57,809 --> 00:18:59,809 really highlights a profound operational 568 00:18:59,809 --> 00:19:01,990 shift. The traditional top -down 569 00:19:01,990 --> 00:19:04,349 corporate itinerary is completely 570 00:19:04,349 --> 00:19:06,130 replaced by community consensus. 571 00:19:06,390 --> 00:19:09,130 It is the ultimate escape from those 572 00:19:09,130 --> 00:19:11,029 rigid zero -margin schedules we 573 00:19:11,029 --> 00:19:12,089 discuss at the top of the hour. 574 00:19:12,390 --> 00:19:14,470 It really is a bold new way to think 575 00:19:14,470 --> 00:19:16,390 about maritime real estate. You 576 00:19:16,390 --> 00:19:18,089 have people willing to drop millions 577 00:19:18,089 --> 00:19:19,829 of dollars to just live out on the 578 00:19:19,829 --> 00:19:21,430 ocean, moving from cotton to cotton, 579 00:19:21,690 --> 00:19:23,069 totally removed from the seven -day 580 00:19:23,069 --> 00:19:25,009 hustle. It absolutely is an escape. 581 00:19:25,279 --> 00:19:26,819 But you know, it brings us to a 582 00:19:26,819 --> 00:19:28,079 really fascinating contradiction 583 00:19:28,079 --> 00:19:30,140 to end on. What is that? As this 584 00:19:30,140 --> 00:19:31,839 residential cruising market grows, 585 00:19:32,400 --> 00:19:34,220 how will these floating neighborhoods 586 00:19:34,220 --> 00:19:36,019 handle the exact same operational 587 00:19:36,019 --> 00:19:37,440 curve balls we discussed earlier 588 00:19:37,440 --> 00:19:39,700 today? Oh, wow. Right. When your 589 00:19:39,700 --> 00:19:41,480 passengers are not just ticket holders, 590 00:19:41,660 --> 00:19:43,779 but multimillion dollar homeowners 591 00:19:43,779 --> 00:19:45,880 who act as a voting block on the 592 00:19:45,880 --> 00:19:48,759 itinerary, how does the ship's captain 593 00:19:48,759 --> 00:19:51,019 navigate a sudden three day fog 594 00:19:51,019 --> 00:19:54,430 delay in a tricky port? Or More 595 00:19:54,430 --> 00:19:56,710 severely, how do you handle geopolitical 596 00:19:56,710 --> 00:19:58,829 rerouting when your passengers are 597 00:19:58,829 --> 00:20:00,029 essentially your board of directors? 598 00:20:00,750 --> 00:20:02,009 Exactly. Managing a traditional 599 00:20:02,009 --> 00:20:03,450 corporate cruise line through an 600 00:20:03,450 --> 00:20:05,690 airspace closure is already a logistical 601 00:20:05,690 --> 00:20:07,890 nightmare. Navigating those same 602 00:20:07,890 --> 00:20:09,349 treacherous waters when the person 603 00:20:09,349 --> 00:20:11,289 complaining about the delay literally 604 00:20:11,289 --> 00:20:12,730 owns the room they are standing 605 00:20:12,730 --> 00:20:14,849 in. Man. That is going to be an 606 00:20:14,849 --> 00:20:16,390 incredibly complex dynamic to watch 607 00:20:16,390 --> 00:20:18,269 unfold. It really is. A totally 608 00:20:18,269 --> 00:20:19,509 different kind of pressure when 609 00:20:19,509 --> 00:20:21,150 the customer is also the landlord. 610 00:20:22,500 --> 00:20:24,140 Thanks for listening to Cruise News. 611 00:20:24,519 --> 00:20:26,220 Visit CruiseNews .io to catch up 612 00:20:26,220 --> 00:20:27,720 on the latest updates and sign up 613 00:20:27,720 --> 00:20:28,799 for free email alerts.