Amid a US $2.2-billion loss for the fourth quarter of 2020, and a flood of new cruise ships due for delivery this year, Carnival Corporation has said it plans to sell off […]
While Carnival Corporation’s European cruise brand AIDA Cruises has confirmed that it is returning to the Dubai cruise market for the coming 2020/21 season, the world’s largest cruise company may be banned […]
Carnival Cruise Line has cancelled a range of US cruise departures following the announcement of the extension of the No Sail Order by the Centers for Disease Control and Prevention (CDC).
Carnival Corp has sold eight of the 18 ships earmarked for retirement from the fleet, with all eighteen of the ships being let go having now been announced. Carnival Corporation is selling […]
Carnival Corporation has announced that it will again accelerate its ship retirement program amid the coronavirus pandemic, increasing the number of ships its selling off from 13 to 18.
At a meeting between the Big Four cruise line and the Miami-Dade County Tourism and the Ports Committee, Norwegian Cruise Line Holdings CEO Frank del Rio called for the industry to be […]
Expansion projects in PortMiami are ongoing, despite the coronavirus pandemic and global shutdown of the cruise industry, according to a release by Miami-Dade County officials.
Carnival Corporation has access to US $7.9-billion in cash and cash equivalents, according to a regulatory filing last week, giving the world’s largest cruise company enough money to remain afloat for another […]
It will likely take until at least 2022 before the cruise industry fully recovers from the damage wrought by the global coronavirus pandemic, according to Arnold Donald, CEO of Carnival Corporation.
Costa Cruises has announced changes to its cruise itineraries for new ships Costa Firenze and Costa Toscana as parent company Carnival Corporation moves to delay new ship deliveries, impacting scheduled Dubai cruise […]
Carnival Corporation will “aggressively shed less efficient ships”, retiring around 9% of its capacity across all nine cruise brands by the end of the year, according to CEO Arnold Donald.
After announcing that it is extending its global suspension of cruises until at least the end of September, and selling at least six cruise ships this year, Carnival has now confirmed that […]
Carnival Corporation will retire six cruise ships within the next 90 days, according to the company’s second quarter earnings results released on June 18th.
As virology experts and epidemiologists continue to study Coronavirus, informing the containment measures being enacted around the world, Carnival Corporation has also been considering how it can mitigate the spread of the […]
Despite the extraordinary cost of the ongoing global cruise shutdown for its nine cruise brands, Carnival Corporation has no plans to downsize or consolidate, says CEO and President Arnold Donald.
On the same day that Carnival Corporation was forced to lay off or furlough thousands of US-based employees across all nine of its cruise lines, the President and CEO of the company […]
Carnival Corporation, Royal Caribbean and MSC Cruises have announced mass layoffs of staff in the United States.
The US House Committee on Transportation and Infrastructure has sent a letter to Carnival Corporation President and CEO Arnold Donald informing him that an investigation has been opened into the cruise company’s […]
Carnival Corporation has more than enough cash on hand to survive the current global shutdown of the cruise industry, even assuming a ‘worst case scenario’, according to CEO Arnold Donald.
Saudi Arabia’s Public Investment Fund purchased an 8.2% stake in Carnival Corporation on Monday, sending the company stock on the New York Stock Exchange to more than $10, a 30% increase compared […]
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