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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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Holland America Line has announced the launch of 10 new itineraries aboard the Westerdam, focusing on Australia, New Zealand, and Southeast Asia, available for bookings starting September 25, 2022. These cruises, set to run until March 13, 2023, respond to the resurgence of cruise demand post-pandemic. Highlights include scenic cruising in Fiordland National Park, new ports of call, and varied pricing options beginning at $1,329 per person. The cruise line aims to enhance passenger experience by offering diverse cultural and culinary opportunities during voyages.

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On April 29, 2022, Princess Cruises celebrated the naming of its newest ship, Discovery Princess, in a ceremony at the Port of Los Angeles. The ship was named by celebrity godparents including Randy Fenoli and Alex Guarnaschelli. Discovery Princess is the 15th MedallionClass ship, offering extensive amenities and experiences such as 270-degree views from the Sky Suites and the innovative Medallion wearable technology for enhanced guest services. Following the ceremony, the ship will offer Alaskan cruises from Seattle, expanding the cruise line's offerings in the region.

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Cunard announced the design details of its newest ship, Queen Anne, at Seatrade Cruise Global on April 26, 2022. Scheduled for early 2024 launch, this vessel marks Cunard's 249th ship and aims to tap into a 40% growth potential in the North American market. The new ship will feature designs by renowned firms celebrating Cunard's heritage while appealing to luxury travelers. Enhanced marketing efforts and increased sailings to Alaska, Australia, and Japan are planned to attract new audiences and expand Cunard's brand impact.

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Carnival Corporation & plc (NYSE: CCL; NYSE: CUK) announced on April 26, 2022, that Arnold Donald will transition from President and CEO to Vice Chair effective August 1, 2022. Josh Weinstein, currently COO, will succeed him. Donald praised Weinstein's leadership during the pandemic and confidence in his vision for the company's future. Donald's tenure saw record profits before the pandemic, and the company expects to operate its full fleet in 2022, aiming for positive adjusted EBITDA by summer.

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Princess Cruises has announced the naming ceremony for its newest ship, Discovery Princess, set to take place on April 29, 2022, at the Port of Los Angeles. Television stars Randy Fenoli, Alex Guarnaschelli, Adam Savage, and Page Turner will serve as godparents for the ship. The 3,660-guest vessel expands Princess's fleet of MedallionClass ships, offering luxurious features and enhanced experiences, including Alaska cruises starting soon after the naming ceremony.

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Holland America Line's Noordam resumed service on April 24, 2022, after a two-year hiatus due to the COVID-19 pandemic, marking the eighth ship to restart since March 2020. The vessel embarked on a 21-day Panama Canal transit to Vancouver and will offer cruises in Alaska during the summer. Following its Alaska season, Noordam will begin a 34-day Pacific crossing to Sydney and a 35-day Australian circumnavigation. By June 2022, Holland America plans to have all 11 ships back in service.

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Cunard has appointed Matt Gleaves as VP, Commercial for North America and Australasia, aiming to enhance the brand's growth. Gleaves, who has over a decade of experience at Carnival UK, will oversee sales, marketing, and guest relations for key regions including Canada, Australia, and Japan. The company is set to increase fleet capacity by over 40% and will introduce the Queen Anne ship in early 2024. This strategic leadership change is expected to strengthen Cunard's market presence and capitalize on growing opportunities.

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Carnival Corporation (NYSE: CCL; NYSE: CUK) has announced that Renata Ribeiro will lead global port and destination development starting June 1, 2022. Ribeiro, currently senior vice president of strategic operations, succeeds Giora Israel, who transitions to a senior advisor role after 14 years of leadership. Under Ribeiro's direction, the company aims to strengthen partnerships with local ports and enhance cruise destination experiences. Carnival has invested significantly in approximately 40 port projects worldwide, prioritizing safety and environmental compliance.

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Princess Cruises has launched a new digital series, Ocean Treks Conservation Connections, featuring 28 episodes focused on environmental sustainability, hosted by Jeff Corwin and John Padgett. The series will cover topics including recycling, food waste reduction, and energy efficiency, with episodes streaming weekly starting April 19, 2022. Ocean Treks has previously received numerous awards and continues to emphasize the cruise line's commitment to environmental practices and conservation. For more information, visit www.princess.com.

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FAQ

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

The current stock price of Carnival Corporation (CCL) is $24.51 as of November 18, 2024.

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

The market cap of Carnival Corporation (CCL) is approximately 32.9B.

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

CCL Rankings

CCL Stock Data

32.89B
1.12B
7.64%
62.29%
4.99%
Travel Services
Water Transportation
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