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
Cunard's Queen Elizabeth is set to return to sailing on August 13, 2021, after a 17-month hiatus. The luxury cruise line reported preparations are nearly complete, with the ship slated for several UK voyages before resuming international sailings in October. The initial international cruise will be from Southampton to Amsterdam, followed by a 14-night journey to the Canary Islands and Madeira in November. Cunard, a part of Carnival Corporation (NYSE: CCL; NYSE: CUK), emphasizes its commitment to delivering luxury experiences aboard its fleet.
Princess Cruises has announced its 2023 Alaska cruises and cruisetours program, featuring six MedallionClass ships, including the Discovery Princess. The program includes 145 departures across 14 itineraries and five glacier viewing experiences. Key offerings include the top-rated Voyage of the Glaciers itinerary and a range of land tours at Princess-owned lodges. The company emphasizes its leadership in Alaska cruise offerings, with 84 calls to Glacier Bay National Park. Reservations will open on August 18, 2021.
Carnival Cruise Line announced the arrival of its newest ship, Mardi Gras, at Amber Cove, Dominican Republic, marking its second stop on its maiden voyage. The ship began its seven-day cruise from Port Canaveral on July 31, 2021. The event included a ceremonial plaque exchange with local officials, highlighting the ship's significance in boosting local tourism. Mardi Gras is notable for being the first cruise ship in the Americas powered by eco-friendly Liquefied Natural Gas (LNG) and features the first roller coaster at sea.
On August 3, 2021, Carnival Cruise Line's newest ship, Mardi Gras, made its first port of call in San Juan, Puerto Rico, during its maiden voyage, marking the first cruise ship visit to the island in 16 months. The cruise, which departed on July 31, is designed to boost the local economy, according to President Christine Duffy. Mardi Gras is the first LNG-powered cruise ship in the Americas, featuring unique attractions like the BOLT roller coaster and various dining options. The ship will offer year-round seven-day Caribbean itineraries from Port Canaveral.
Princess Cruises' Majestic Princess has successfully returned from its inaugural sailing to Alaska, marking a significant milestone as the first U.S. cruise following COVID-19 operational pauses. The 7-day trip included stops at Juneau, Skagway, and Ketchikan, enhancing guest experiences with unique Alaska-themed activities. Moving forward, Princess will resume cruises from Los Angeles, San Francisco, and Ft. Lauderdale from September through November 2021. Health protocols are in place, including vaccination requirements for guests and crew.
Holland America Line has officially taken delivery of the Rotterdam, its 11th ship, during a handover ceremony at Fincantieri's shipyard in Italy. This new Pinnacle Class vessel, set to carry 2,668 guests, will begin non-guest operations until its transatlantic crossing on October 20, 2021, from Amsterdam to Fort Lauderdale. The Rotterdam showcases a range of innovative amenities and significant culinary options, enhancing the cruise experience and reflecting the company’s rich history.
Carnival Corporation (NYSE/LSE: CCL; NYSE: CUK) announced the successful closure of a private offering totaling $2.405 billion in 4.000% First-Priority Senior Secured Notes due 2028. The proceeds will fund a tender offer for $2.004 billion of existing 11.500% Notes due 2023, facilitating annual interest savings of $135 million. The offering met Carnival's financing conditions and targeted qualified institutional buyers. These transactions are subject to the Securities Act regulations.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has priced its private offering of $2,405.5 million in first-priority senior secured notes due 2028, with an interest rate of 4.000%. The offering is expected to close on July 26, 2021. Proceeds will be used to fund a tender offer for up to $2,004,000,000 of its 11.500% notes due 2023, resulting in $135 million annual interest savings. The notes are secured by first-priority liens and guaranteed by Carnival plc and subsidiaries. This offering is not registered under U.S. securities laws.
Princess Cruises announced the upcoming debut of its newest ship, Discovery Princess, set to launch in spring 2022 from the Port of Los Angeles. The ship will accommodate 3,660 guests and features the MedallionClass experience, various dining options, and state-of-the-art amenities. Led by Captains Gennaro Arma and John Smith, along with a skilled executive team, Discovery Princess promises exceptional service and an opportunity for guests to explore new destinations. The company aims to enhance safety protocols amid ongoing COVID-19 concerns.
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