Cruise ship

Cruise Industry Hits a Patch of Rough Water

Market leader Carnival issued disappointing guidance during last week's quarterly report. Rival Royal Caribbean is running into obstacles in financing its next mega-ship. Norwegian Cruise Line wasn't in the news, but NCL hasn't been able to complete its IPO since calling it off last year.

Preview: More Rough Seas for Royal Caribbean

There's no smooth sailing for Royal Caribbean Cruises, which is expected to post a weak quarter as the recession soaks its revenues. The likely soggy fourth-quarter results will come despite cost-cutting and aggressive marketing.