Welcome to our dedicated page for Carnival news (Ticker: CCL), a resource for investors and traders seeking the latest updates and insights on Carnival stock.
Carnival Corporation & plc (CCL), the world's largest cruise company, maintains this dedicated news hub for investors and industry stakeholders. Access official press releases, financial disclosures, and operational updates from the parent company of Carnival Cruise Line, Princess Cruises, and other leading brands.
This resource provides timely updates on earnings reports, fleet expansions, sustainability initiatives, and strategic partnerships. Monitor key developments affecting the leisure travel sector through verified announcements directly from the corporation and related analysis.
Content spans quarterly financial results, new itinerary launches, leadership changes, and technological innovations in maritime operations. Bookmark this page for streamlined tracking of CCL's global business activities across its nine cruise line subsidiaries.
Holland America Line announces a "Black Friday Offer" from Nov. 17 to Nov. 27, 2022. Customers booking select cruises will enjoy prepaid crew gratuities and discounts of up to 40% off cruise-only fares. This offer is combinable with the Have It All premium package, which includes amenities like shore excursions, a beverage package, specialty dining, and Wi-Fi. The crew appreciation applies to the first two guests in a stateroom and is valid for holiday 2022 sailings through open 2024 cruises, with several worldwide itineraries included.
Cunard, the luxury cruise line, announced a Black Friday/Cyber Monday promotion offering fares starting at $899 and onboard credits of up to $600 per stateroom. The promotion runs from November 17 to December 2, 2022, on select itineraries through January 2024. Notable voyages include a Transatlantic Crossing aboard Queen Mary 2, an Alaska cruise on Queen Elizabeth, and a journey through the Norwegian Fjords on Queen Victoria. Reduced deposits of 50% are also part of the offer.
Princess Cruises introduces 360: An Extraordinary Experience, an immersive, invitation-only event for suite guests aboard Discovery Princess and soon on Enchanted Princess. This multi-sensory journey showcases the Mediterranean through storytelling, gourmet cuisine, and stunning visuals, enhancing guest experience with a seven-course dinner and local ingredients. With two nightly seatings for just 20 guests in a cloaked venue, each session is a 90-minute celebration. Brooke Shields lends her voice to the experience, which is accessible to suite guests and select casino event participants.
Princess Cruises announces the introduction of SMiZE Cream, a super-premium ice cream brand created by Tyra Banks, available on all 15 MedallionClass ships starting mid-March.
Featuring unique flavors and an edible surprise in each cup, SMiZE Cream aims to enhance guests’ experiences at sea. Orders can be made via the innovative OceanNow delivery service. Tyra Banks expresses excitement over the collaboration, emphasizing the synergy in innovation and customer delight. Princess Cruises is a leading cruise line, part of Carnival Corporation (CCL, CUK), renowned for its extensive itineraries and premium experiences.
Carnival Corporation & plc (CCL, CUK) announced the resignation of Arnold Donald from its Boards after 21 years, effective November 30, 2022. Donald, who served as President and CEO until the transition to Josh Weinstein earlier this year, will continue to provide advisory support. Donald expressed pride in the company’s recovery post-pandemic, emphasizing the achievements made during his tenure. Micky Arison and Randy Weisenburger praised Donald’s leadership, highlighting his significant contributions to the cruise industry.
Carnival Corporation has successfully exchanged approximately $87 million of 5.75% Convertible Senior Notes due 2023 for equivalent 2024 Notes, maintaining the same coupon and avoiding shareholder dilution. The new notes will mature on October 1, 2024, and are fully guaranteed by Carnival plc and its subsidiaries, representing a strategic move to secure financing without additional costs. This transaction allows the company to provide stability in its financial obligations amid changing market conditions.
Carnival Corporation announced the exchange of $87 million in outstanding 5.75% Convertible Senior Notes due 2023 for new notes due October 2024, maintaining the same coupon rate. This transaction incurs no upfront costs for the company and results in no dilution to shareholders. The New 2024 Notes will carry the same initial conversion price, and upon closing on November 1, 2022, $96 million in 2023 Notes will remain outstanding. This extension aims to improve liquidity and financial stability amid ongoing uncertainties affecting the leisure travel industry.
Princess Cruises has announced additional inaugural voyages for its new ship, Sun Princess, set to launch in February 2024. The ship will offer a 10-day Grand Mediterranean inaugural cruise departing from Barcelona, Rome, and Athens starting on February 8. The season includes various 10-day and seven-day itineraries across popular Mediterranean destinations, with bookings opening on November 9, 2022. Featuring innovative amenities and a green approach, Sun Princess is powered by Liquefied Natural Gas (LNG), marking a significant advancement in sustainability for the cruise line.
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