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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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Carnival (NYSE:CCL, LSE:CCL, NYSE:CUK) has announced the installation of solar panels at two of its Port of Barcelona cruise terminals. The project, a first for the port, will supply over 100% of the energy needed for daily operations, reducing overall electricity consumption. The 1,350 panels at Palacruceros (Terminal D) and Helix Cruise Center (Terminal E) will produce over 866,000 kilowatt-hours (kWh) annually.

The project, set to be completed by the end of 2024, will generate a 32% surplus power at Helix Cruise Center, which can be fed back into the local energy grid. In total, over 245,000 kWh of surplus power will be generated annually, equivalent to the average consumption of 60 households. This initiative is part of Carnival 's broader strategy to integrate renewable energy across its global ports and destinations portfolio, following a similar project at Amber Cove Cruise Center in the Dominican Republic.

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AIDA Cruises, a Carnival cruise line, has refueled its AIDAprima ship with 100% renewable Bio Marine Fuel in Rotterdam as part of a pilot project. The biofuel, supplied by VARO Energy, is expected to reduce greenhouse gas emissions by at least 85% compared to conventional fossil fuels. AIDAprima will test the fuel during regular operations on voyages from Hamburg through Norwegian fjords.

This initiative is part of AIDA Cruises' broader decarbonization strategy, which includes investments in alternative fuels and technologies such as LNG, shore power, and onboard batteries. The company aims to achieve net-zero emissions from ship operations by 2050. AIDA Cruises emphasizes the use of second-generation biofuels produced from organic waste and residual materials, which can be used without major modifications to existing ship infrastructure.

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Seabourn, a leader in ultra-luxury cruising, has announced its 2024-2025 Asia cruise season. The season features voyages on Seabourn Encore and Seabourn Quest, exploring diverse regions across Southeast Asia and Japan. Highlights include:

- Seabourn Encore's winter 2024 to spring 2025 season with seven sailings between Singapore and Hong Kong, followed by Japan voyages and a transpacific crossing to the US.

- Seabourn Quest's spring 2025 itineraries during cherry blossom season and fall 2025 voyages showcasing Japan's autumn landscapes.

- New ports of call including Tokushima, Akita, and Wakayama in Japan.

- Exciting new shore excursions in Kobe and Shimizu, Japan.

- Onboard enrichment program featuring guest speakers like Jim Laurie and Ann Cleeves OBE.

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Carnival 's Alaska operations are supporting the state's seafood industry through two key initiatives. Firstly, their land-based restaurants and cruise ships serve over 230,000 pounds of locally sourced seafood each summer, including salmon, halibut, and crab. Secondly, they've partnered with the Alaska Seafood Marketing Institute (ASMI) to promote sustainable fishing practices.

Holland America Line, part of Carnival , is the only cruise line with Responsible Fisheries Management (RFM) certification, serving 42 different Alaska seafood dishes. Princess Cruises offers 30 distinctive Alaskan seafood dishes. On land, both brands operate lodges and hotels featuring restaurants that showcase local seafood. This approach not only provides guests with authentic Alaskan cuisine but also supports the state's fishing industry amidst global market pressures.

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Princess Cruises has added Liev Schreiber's Sláinte Irish Whiskey to its prestigious 'Love Line Premium Liquors' collection. The award-winning whiskey is now exclusively poured across the Princess fleet, featuring in specially crafted cocktails. Sláinte, pronounced 'slahn-cha', means 'good health' in Irish and aligns with the cruise experience of celebrating moments and embracing life.

The whiskey joins other celebrity-endorsed spirits in the collection, including Voli 305 Vodka by Pitbull and Melarosa wines by Jason Aldean. Princess has introduced five signature cocktails created with Sláinte, available at all bars. These premium spirits are included in the Princess Plus and Princess Premier all-inclusive packages, offering guests a luxurious drinking experience as they cruise to various destinations.

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Holland America Line is opening bookings for its 2026 Alaska cruise season, offering a variety of experiences from April through September. The season highlights include:

- Six ships exploring Alaska: Eurodam, Koningsdam, Nieuw Amsterdam, Noordam, Westerdam, and Zaandam
- New 14-day 'Great Alaska Explorer' cruise roundtrip from Seattle
- Return of the 28-day 'Alaska Arctic Circle Solstice' cruise
- Itineraries ranging from 7 to 28 days
- Cruises departing from Seattle, Vancouver, and Whittier (Anchorage)

The cruise line emphasizes glacier viewing, wildlife sightings, cultural programming, and destination-focused dining. Holland America Line offers a 'Glacier Guarantee' and provides more access to Alaska wildlife than any other cruise line. The company also continues its Global Fresh Fish Program and 'We Love Alaska' immersive cultural experiences.

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Holland America Line is offering segments of its 2025 Grand World Voyage and Grand Voyage: Pole to Pole, starting at $169 per day, including taxes and fees. The segments range from 20 to 100 days, allowing guests to experience the Grand Voyage atmosphere without committing to the full four-month journey. Zuiderdam's Grand World Voyage offers six segments, while Volendam's Grand Voyage: Pole to Pole provides seven options.

Highlights include a 55-day Fort Lauderdale to Singapore voyage featuring a Panama Canal transit and Easter Island visit, and a 47-day Antarctic adventure from Fort Lauderdale to Buenos Aires. The ships will rendezvous in Barcelona on April 24, 2025, celebrated with themed gala dinners and a drone show. Guests will enjoy exclusive entertainment, including 15 new production shows, guest chefs, and enrichment programs specific to Grand Voyages.

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Princess Cruises introduces MedallionNet Max, an enhanced Wi-Fi service powered by Starlink, available in Princess Plus and Premier packages. This connectivity upgrade caters to the growing trend of 'workcations,' with 74% of Americans considering combining work and vacation. MedallionNet Max is particularly beneficial for Princess' Epic Voyages, which include:

1. World Cruises: Up to 116-day journeys covering 35,000 nautical miles
2. Journeys Far & Away: 11 to 33-day trips to remote destinations
3. Immersive Itineraries: 17 to 31-day regional explorations
4. Ocean Crossings: 13 to 24-day trans-oceanic voyages

These Epic Voyages offer diverse experiences, from wildlife encounters to cultural immersions, with departures from various global ports. Princess Cruises aims to provide seamless connectivity and premium amenities across all journeys, enhancing the appeal of longer voyages for today's digitally connected travelers.

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Princess Cruises has announced its largest summer Caribbean cruise season for 2026, featuring over 90 voyages from two Florida ports. Regal Princess and Caribbean Princess will depart from Ft. Lauderdale and Port Canaveral, offering trips to all Caribbean regions. Highlights include:

1. Port Canaveral: 7-day Eastern and Western Caribbean cruises, combinable for 14-day adventures.
2. Ft. Lauderdale: 7-day Eastern or Western Caribbean, 8-day Southern Caribbean, and 14-day combination cruises.
3. Special Southern Caribbean Islander cruises at the season's start and end.

Captain's Circle members can receive up to $200 in onboard spending money if booked by October 31, 2024. Both ships offer the Princess MedallionClass experience and inclusive packages like Princess Plus and Princess Premier for added amenities and savings.

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Seabourn has announced a stellar lineup of entertainment and speakers for its 2024 90-day Grand Africa Voyage on the Seabourn Sojourn. The voyage will include a new collection of cast shows and performances from 28 acclaimed guest entertainers, plus conversations with renowned experts, explorers, and dignitaries.

Featured performers include West End star Ricardo Afonso, soul singer and American Idol star Michael Lynche, comedian Tony Daro, and South African musical ensemble The Charl du Plessis Trio. Seabourn will also introduce an all-new entertainment concept, The Seabourn Six, produced by Belinda King Creative Productions.

The Seabourn Conversations series will feature luminaries such as explorer Riaan Manser, former private secretary to Nelson Mandela Zelda La Grange, wildlife photographer Chris Fallows, primatologist Dr. Mireya Mayor, and Iceland's First Lady Eliza Reid.

The voyage departs on November 30, 2024, from Barcelona and visits 42 destinations across 20 countries.

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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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