Earlier quoted context omitted.
The big draw for me was that my phone wouldn't work. Peers had a habit of calling me for non-critical, non-production problems. The worst was Mardi Gras, where I'm on Bourbon Street for Fat Tuesday, and my operations head calls me with an analyst on the line and burns fifteen minutes with a problem that turned out to be development coding. My phone did occasionally explode with voicemails and texts when I got back to…
This is a fading benefit. The ship I took this summer had free Starlink connections powering their WiFi. It wasn’t great for calls and they blocked video, but texting was possible. (You had to be careful though because they also exploitatively ran a mobile cellular microcell that charged insane data roaming fees, which meant you had to be very careful about when you turned on roaming.)
Cruise ships chopped in half are a license to print money
301–310 of 360 posts
Re: Cruise ships chopped in half are a license to print money
#302Earlier quoted context omitted.
Cruises hit a spot of: * All the fun and "not thinking" of an all-inclusive resort (though obviously only if you pay for the drink packages) on land * Generally cheaper than all inclusive resorts on mainland USA (I'm not as familiar with Europe) * Competitive on pricing with all inclusive resorts in the Caribbean/Mexico * Get to skip out on flight to the Caribbean/Mexico * Get to skip out out of the overt semi-coloni…
The big draw for me was that my phone wouldn't work. Peers had a habit of calling me for non-critical, non-production problems. The worst was Mardi Gras, where I'm on Bourbon Street for Fat Tuesday, and my operations head calls me with an analyst on the line and burns fifteen minutes with a problem that turned out to be development coding. My phone did occasionally explode with voicemails and texts when I got back to…
Re: Cruise ships chopped in half are a license to print money
#303The point is gluing a chunk of cruise ship in the middle to make it bigger. Not selling half a cruise ship to somebody twice. It's the stretch limo business model with norovirus.
Chuckle.
Re: Cruise ships chopped in half are a license to print money
#304Earlier quoted context omitted.
* Regulation is non-existent in the cruise industry. You shop for the venue with the most lax regulations of the ≈200 countries in the world. * The equivalent is insurance. Insuring a $2B ship carries pretty good due diligence. A ship simply failing is rare. Of course, ship insurance doesn't care about employee rights, safe food, medical care, or other things one might expect to keep people safe. It's about protectin…
>Welds are quite strong -- it just extends the metal. This is especially true when the baseline quality of the metal is not high. This is not the case at all. A weld almost always weakens the base material. And you don't just use whatever steel is the cheapest to build a ship. You use what is appropriate to the use case. There are cheaper and more expensive options within that category, but you make it sound like you…
Of course shit welding can cause weakening of the material but thats true of everything. Anything that is worth welding that also is important will use metals that have strong welding properties that make the weld stronger than the base material.
Re: Cruise ships chopped in half are a license to print money
#305Cruise ships have a huge ecological impact everywhere they go. They burn colossal amounts of fuel, they produce lots of toxic exhaust, sewage, etc. A lot of destinations for these things don't exactly have a lot of regulations for any of this either. Just flying to your destination and staying in some nice place is arguably both better for the environment and probably a lot more enjoyable depending on your tastes. No…
> Cruise ships have a huge ecological impact everywhere they go. The sheer size of these things is hard to comprehend. I'm on vacation at the fancy french riviera and the billionaire's superyachts, when on a bay next to a cruise ship, look like tiny miniature toys. It's just wild. The cruise ships are not just three to five times longer, they're also, way, way, way taller than the superyachts. You see a cruise ships…
Re: Cruise ships chopped in half are a license to print money
#306Earlier quoted context omitted.
A cruise company is incentivised to say things like depreciation are less than they are, so the company's numbers look better than they actually are. Additionally, it's very rare for a company to own a ship for its entire lifetime. The way they calculate depreciation now is based on resale value. I wonder what happens to that in a world where interest rates AREN'T negative in real terms anymore...
How long does this supposed fraud take to show up? Carnival and Caribbean have been doing business for decades, and Norwegian has been public since 2011. Surely, it would have impacted the bottom line by now at at least one of those 3 businesses.
Estimating things is non-trivial.
It's not fraud for your depreciation estimate to be off by a few percentage points.
Banks regularly set their loss provisions artificially low or high to smooth earnings.
Re: Cruise ships chopped in half are a license to print money
#307Earlier quoted context omitted.
You know, I co-founded a smart LED lighting company well over a decade ago and we considered this market. It seems like the potential applications might make this viable now. Cruise ships are a tiny market when compared to all the dead commercial office space in downtown cores that people wish to convert to residential but can’t because of lack of sunlight and similar reasons.
That's cool. How did/would the technology have worked?
Re: Cruise ships chopped in half are a license to print money
#308Great - more air pollution from bunker fuel fumes at port cities! Big economic blocks like the EU and the US should force the cruise ships to operate sustainably and not pollute the literal sh*t out of the port cities they stop at.
Re: Cruise ships chopped in half are a license to print money
#309Earlier quoted context omitted.
That certainly sounds like an express lane to burnout. Please take care of yourself, and consider the implications of peers who think it's OK to call you at these times. There are a lot of ways to say "no" without saying it.
I am within three years of retirement, so the problem will soon solve itself.
Yours could include teaching your company to respect vacation time.
Re: Cruise ships chopped in half are a license to print money
#310Earlier quoted context omitted.
Why not just not answer your phone while on vacation?
Presumably because of pressure from superiors. If they know you're in cell range and ignoring them, they'll be pissy. If you're simply unable to receive communications, that's just the way it is. It shouldn't be like that, but it is.
Why do you care what that wage thief thinks?