Carnival Corporation - CCL STOCK NEWS

Princess Cruises has appointed Chef Rudi Sodamin as its first head of culinary arts, effective immediately. He will continue his role as master chef for Holland America Line. This move aims to enhance the culinary experience on Princess ships, known for their strong culinary culture. Sodamin is an acclaimed chef with significant achievements, including launching Rudi's Sel de Mer restaurant and spearheading culinary initiatives across multiple cruise lines. His leadership is expected to elevate dining experiences and inspire culinary innovation within the company.

Holland America Line has extended its Flexible Cancellation Plan to September 30, 2022, enhancing consumer confidence in travel planning. Guests booking by March 31, 2022, can cancel for any reason up to 30 days before departure and receive Future Cruise Credit. Vaccinated voyages will continue with strict health protocols, requiring proof of vaccination and negative COVID-19 tests. Holland America Line has successfully operated cruises since July 2021, following extensive safety measures recommended by health authorities.

Cunard announces over 150 new international voyages for 2023, available from April 23 to December 15. The itineraries will cover 120 unique ports across 35 countries, featuring 23 late evening departures and 15 overnight stays. The flagship Queen Mary 2 will undertake 18 Transatlantic crossings and various themed voyages, while the Queen Elizabeth and Queen Victoria will offer unique experiences, including Mediterranean and Alaskan journeys. Bookings begin for past guests on February 1 and open to the public on February 2, 2022.

Princess Cruises has extended its Book with Confidence program for summer 2022 sailings, allowing guests to modify bookings until 30 days before departure. This program applies to cruises departing through September 30, 2022, with bookings made by March 2, 2022. Additionally, vaccinated cruises will continue as per CDC guidelines. The COVID-19 Protection Program offers further reassurance for guests against COVID-related cancellations. Princess Cruises operates 14 ships, offering destination-rich itineraries, and is recognized for its innovative MedallionClass technology.

On Dec. 23, 2021, Holland America Line's Zuiderdam resumed its service from San Diego, marking its return as the second ship to do so since the industry's pause. This festive event featured a holiday celebration onboard with crew welcoming guests. Zuiderdam starts with a 10-day cruise to Mexico and the Sea of Cortez, followed by voyages through the Panama Canal and South Pacific. Holland America anticipates more than 81,000 guests visiting San Diego this season, contributing over $35 million to the local economy.

Princess Cruises announced the successful completion of sea trials for its newest ship, Discovery Princess, marking a significant milestone in its preparation for service. The trials spanned five days in Italy, testing steering, navigation, and propulsion systems. The ship will embark on its inaugural cruise to the Mexican Riviera from Los Angeles on March 27, 2022. With a capacity of 3,660 guests, Discovery Princess features luxurious accommodations, new experiences, and Medallion Class technology, enhancing guest service and connectivity.

Carnival Corporation (CCL, CUK) has partnered with Jabil (JBL) to open a manufacturing facility for Experience IoT consumer wearables in Santo Domingo, Dominican Republic. This facility marks the first production site outside of Asia for the Princess Medallion, a device designed to enhance guest experiences on cruise ships.

With this partnership, Carnival aims to support Caribbean economic development while boosting production capacity. The Medallion enables touchless interactions and personalized services for cruise guests.

Jabil Inc. (NYSE: JBL) has partnered with Carnival Corporation (NYSE: CCL; NYSE: CUK) to manufacture and fulfill the Princess Medallion® in Bajos de Haina, Dominican Republic. This new facility will enhance just-in-time, direct-to-port fulfillment for the Princess Fleet. It features over 60,000 square feet of manufacturing space and employs over 600 workers, with more jobs expected in the next three years. The partnership aims to address logistics challenges and support the growing demand for experiential IoT wearables.

Carnival Corporation (NYSE/LSE: CCL; NYSE: CUK) reported a fourth quarter 2021 net loss of $2.6 billion, with adjusted net loss at $2.0 billion. Despite losses, the company holds $9.4 billion in liquidity and reported a 4% increase in revenue per passenger cruise day compared to 2019. Over 61% of capacity is currently operational, with expectations for full fleet operation by Spring 2022. Customer deposits rose by $360 million to $3.5 billion, marking consistent growth. Carnival’s sustainable practices and enhanced health protocols have been highlighted, with a CDP score improvement to B.