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Despite cruise shutdown, CEOs made millions. Crew members met a different fate. Even as the companies faced record losses in the billions, company boards rewarded CEOs with multimillion-dollar payouts.     Carnival Cruise Line s Sunrise and Vista ships, along with the MSC Meraviglia, are docked at the Port of Miami on Feb. 18. [ SUSAN STOCKER / SOUTH FLORIDA SUN SENTINEL | South Florida Sun Sentinel ] By Taylor Dolven and Rob Wile, Miami Herald (TNS) Published Apr. 28 Updated Apr. 28 MIAMI — Perhaps no industry was as badly battered by the pandemic in 2020 as the cruise industry, with business in the U.S. — its most lucrative market — banned for 9 1/2 of the year’s 12 months. To cope, the three largest companies stopped paying employees on their ships, cut marketing expenses and worked furiously to raise as much debt and equity financing as possible.

United statesUnited kingdomArnold donaldLuis navasRichard fainKirk hansonWilliam lazonickNorwegian cruise line holdingsCelebrity cruisesCarnival corpRoyal caribbean groupNorwegian cruise lineUniversity of massachusettsUnited nation international labor organizationLiberia royal caribbean groupBermuda norwegian cruise line holdings