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Carnival Corporation - CCL STOCK NEWS

Welcome to our dedicated page for Carnival Corporation news (Ticker: CCL), a resource for investors and traders seeking the latest updates and insights on Carnival Corporation stock.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is the world's largest global cruise company and one of the largest vacation companies, with a portfolio that includes many of the most recognized cruise brands. The company's brands include Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; AIDA Cruises in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia.

With 92 ships in service as of the end of fiscal 2023, Carnival Corporation offers a wide range of vacation products tailored to different cultures and preferences. Combined, their cruise brands welcomed nearly 13 million guests in 2019 and again in 2023, underscoring the resilient demand for cruise vacations.

Notably, Carnival Corporation also owns Holland America Princess Alaska Tours, enhancing its land-based tour offerings in Alaska and the Canadian Yukon. The company's commitment to development and innovation is evident in its various projects, such as Princess Cruises' new immersive

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Princess Cruises has been named the official cruise line partner of the Academy of Country Music (ACM). The partnership was announced at the 59th ACM Awards on May 16, hosted by Reba McEntire. This collaboration includes Princess Cruises sponsoring the "ACM Live from the Red Barrel Lounge" series in Nashville, featuring emerging country artists. Select future voyages will also feature performances by these artists. Princess will support the ACM Honors in August, recognizing various award winners. Princess Cruises aims to offer unique onboard experiences combining country music and cruising.

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Holland America Line has announced its 'Summer Savings Event,' offering up to 40% off cruise fares, free third and fourth guests, onboard credits up to $100 per stateroom, and 50% reduced deposits. This promotion is applicable on select cruises departing between June 2024 and May 2025. Destinations include Alaska, Europe, the Caribbean, and more. The event is combinable with the 'Have It All' premium fare, which includes additional amenities such as shore excursions and specialty dining. Bookings must be made by June 28, 2024.

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Carnival announced that it will sunset the P&O Cruises Australia brand in March 2025, integrating it into Carnival Cruise Line. This strategic move aims to optimize the brand portfolio and boost operational efficiencies. The transition will add eight new ships to Carnival Cruise Line's fleet, increasing its capacity by nearly 25% since 2019. Despite a projected company-wide growth of under 2% CAGR from 2019 to 2028, Carnival Cruise Line's capacity is expected to grow by approximately 50%. The realignment will also enhance performance in the South Pacific, with Carnival remaining the largest cruise operator in the region.

While operational adjustments will be made, the experience for P&O Cruises Australia guests will largely remain the same, with the addition of Carnival's HubApp and loyalty program. The company remains committed to the Australian market, with 19 ships calling on 78 destinations.

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Cunard has named the City of Liverpool as the godparent of its latest ship, Queen Anne, recognizing the historic connection dating back to 1840. The announcement highlights the longstanding relationship between Cunard and Liverpool, which was Cunard's original headquarters for 128 years.

Five notable Liverpool icons—Melanie C, Ngunan Adamu, Natalie Haywood, Jayne Casey, and Katarina Johnson-Thompson—will represent the city at the ship's naming ceremony. The event will feature performances by the Royal Liverpool Philharmonic Orchestra and operatic superstar Andrea Bocelli.

Cunard's new ship, Queen Anne, entered service in May 2024, and will be the 249th ship to carry the Cunard name. The ceremony, to be held on the Liverpool waterfront, underscores Cunard's commitment to maintaining its historic ties as it continues to expand its fleet.

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Princess Cruises has introduced the 'Love Line Premium Liquors' collection in partnership with celebrities Pitbull, Jason Aldean, and Romero Britto. Debuting on the Sun Princess, the collection includes Voli 305 Vodka by Pitbull, Love Prosecco by Britto, and Melorosa wines by Aldean and others. This premium range is part of the Princess Premier package, enhancing the guest experience. The collection aims to reflect the elegance and sophistication of Princess Cruises and will be available fleetwide ahead of the summer voyages.

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Seabourn, a leader in ultra-luxury cruises, announced the launch of 'Zero @ Sea,' a zero-proof mixology program offering non-alcoholic cocktails across its fleet. The menu includes unique twists on popular drinks using premium ingredients like elderflower, citrus, and botanical spirits. This initiative aims to meet the growing demand for non-alcoholic beverages among guests. The program was developed by Seabourn's culinary team, ensuring no compromise in taste or complexity. Additionally, Seabourn has introduced a new fine dining experience, Solis, featuring Mediterranean cuisine.

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Princess Cruises has announced an extended Japan and Southeast Asia cruise season for 2025-26, featuring the Diamond Princess. Following record-breaking travel to Japan by US visitors in 2023, the cruise line will offer 11 new voyages ranging from 9 to 22 days, visiting 25 destinations including stops in Korea and Taiwan. Highlights include the Circle Japan Fall Foliage sailing, Southern Islands departures, and the Kyushu & Korea cruise. After the Japan season, the Diamond Princess will sail to Singapore for three Southeast Asia cruises, featuring destinations like Taipei, Hong Kong, Vietnam, and Malaysia. The cruise line offers various inclusive packages with amenities like WiFi, beverages, and fitness classes at significant savings.

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Cunard's flagship Queen Mary 2 arrived in New York, carrying the Eternal Flame to honor the 80th Anniversary of D-Day. This journey followed a seven-day North Atlantic crossing. A commemorative ceremony onboard included notable figures such as the Ambassador of France to the United States and WWII veterans. The Eternal Flame, burning since 1923, was escorted by young French ambassadors from Paris to New York. It will be laid at Arlington Cemetery on May 24 and burn until June 6, 2024. Queen Mary 2's participation in this historic event underscores Cunard's long history and role in WWII.

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Carnival , the world's largest cruise company, along with its AIDA Cruises line, received three prestigious ESG Shipping Awards for environmental excellence at an international ceremony in Athens, Greece. The awards recognize Carnival's commitment to sustainability and responsible business practices.

The company received the Gold Climate Change Leader Award for its pioneering LNG program, resulting in a 10% reduction in GHG emissions compared to 2011. AIDA Cruises earned the Gold Technology Leader Award for the largest lithium-ion battery system in passenger shipping, enabling net-zero emissions operations.

Additionally, Carnival was honored with the Bronze Environment Leader Award for its aggressive food waste reduction strategies, achieving a 40% reduction from its 2019 baseline and surpassing its 2025 goal. These recognitions highlight Carnival's leadership in sustainability and its progress towards a net-zero GHG future by 2050.

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On June 3, 2024, Cunard's new ship, Queen Anne, will be officially named in Liverpool with Italian tenor Andrea Bocelli headlining the celebration. The event will feature the Royal Liverpool Philharmonic Orchestra, performers from the Liverpool Institute of Performing Arts, and DJs, concluding with a funk and soul set by Craig Charles and fireworks. Hosted by Matt and Emma Willis, the celebration underscores Cunard's historical bond with Liverpool, a relationship that began with the company's founding. The event is expected to attract thousands, continuing Cunard's tradition of grand maritime celebrations.

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FAQ

What is the current stock price of Carnival Corporation (CCL)?

The current stock price of Carnival Corporation (CCL) is $26.8 as of December 20, 2024.

What is the market cap of Carnival Corporation (CCL)?

The market cap of Carnival Corporation (CCL) is approximately 34.6B.

What brands are part of Carnival Corporation & plc?

Carnival Corporation's portfolio includes Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn, P&O Cruises, Cunard Line, AIDA Cruises, and Costa Cruises.

How many guests did Carnival Corporation attract in 2023?

Carnival Corporation's brands attracted nearly 13 million guests in 2023, matching pre-pandemic levels of 2019.

What sustainability initiatives is Carnival Corporation involved in?

Carnival Corporation is involved in various sustainability initiatives, including biofuel tests on Holland America Line ships and a commitment to net-zero emissions by 2050.

What new experiences does Princess Cruises offer?

Princess Cruises offers new immersive experiences like the 'Voyage to the Stars' program in Alaska, featuring a planetarium show of the Northern Lights.

Where can I find financial information about Carnival Corporation?

Financial information about Carnival Corporation can be found on their official websites at www.carnivalcorp.com and www.carnivalplc.com.

What is Holland America Line's Global Fresh Fish Program?

Holland America Line's Global Fresh Fish Program sources 80 types of fresh fish from a global network of 60 ports, ensuring the freshest seafood is served onboard.

How many ships does Carnival Corporation operate?

Carnival Corporation operates 92 ships across its various cruise brands as of the end of fiscal 2023.

What regions do Carnival Corporation's brands serve?

Carnival Corporation's brands serve regions including North America, the United Kingdom, Germany, Southern Europe, and Australia.

What are some of Carnival Corporation's latest projects?

Latest projects include Princess Cruises' expanded Alaska itineraries and Holland America Line's biofuel tests to reduce greenhouse gas emissions.

How can I stay updated on Carnival Corporation's news?

You can stay updated on Carnival Corporation's news by visiting their official website or following their press releases and updates online.

Carnival Corporation

NYSE:CCL

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34.65B
1.07B
7.64%
62.24%
4.64%
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