Cruise operators jumps as crude slips

By Reuters News

** Shares of US cruise operators rise as oil prices slip from five-month highs

** Brent crude futures fall 1.1% to $108.32, WTI futures down about 0.9% at $102.74 O/R

** Cruise operators Carnival Corp CCL.N and Norwegian Cruise Line Holdings NCLH.N up 3.4% and 3.7%, respectively

** Viking Holdings VIK.N and Royal Caribbean RCL.N gain 3.6% and 3.3%, respectively

** Fuel is one of the largest operating expenses for cruise operators

** YTD, CCL down 10.5%, NCLH down about 30%, RCL up 4.5%, VIK up ~22%

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