18 November 2008

Crystal revises fuel surcharge policy

Crystal Cruises has revised its 2009 fuel surcharge policy following recent drops in oil prices.

If the price drops below $65 a barrel on a specific quarterly date, the cruise line said it will reimburse its fuel surcharge to guests sailing in the following quarter.

ââ¬ÅâœGiven the volatility of oil prices, Crystal Cruises will continue to apply a $12 per guest per day fuel surcharge for Crystal Symphony and Crystal Serenity voyages departing in 2009,ââ¬~ it said in a statement.

ââ¬ÅâœHowever, adjustments will be determined quarterly based on the closing price of light sweet crude oil on the New York Mercantile Exchange, as reported in the Wall Street Journal.

ââ¬ÅâœIf this closing price is below $65 per barrel two weeks prior to the beginning of the upcoming calendar quarter, then Crystal will automatically refund the charged supplement, in the form of a Shipboard Credit, for cruises departing within that quarter.ââ¬~



By Bev Fearis

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