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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 appointed key officers for its new ship, Rotterdam, set to launch in July 2021. The leadership team includes Staff Captain Kevin Beirnaert, Hotel Director Wessel van Oorschot, Chief Engineer Peter Massolt, Staff Chief Engineer Wim Akkerman, and Environmental Officer Michael Brown. With a combined experience of over 80 years, these leaders aim to ensure the successful delivery and operation of Rotterdam. The ship will accommodate 2,668 guests and feature innovative amenities, continuing Holland America’s tradition of premium cruising.

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Seabourn announced the opening of bookings for its 2022 summer and fall voyages, starting from February 5, 2021. The itineraries will cover regions including Europe, Alaska, British Columbia, and New England, offering 68 sailings in Europe alone. Notable features include visits to 27 European ports not previously accessed, maiden calls to several destinations, and various promotions such as a 10% discount for early bookings. With its ultra-luxury ships like Seabourn Encore and Seabourn Ovation, the company aims to enhance travel experiences for discerning travelers.

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Princess Cruises has launched the Ocean Sportsbook, enabling sports fans to wager on major competitions directly from their cruise ships. Available on MedallionClass ships, guests can place bets on various sports events while in international waters. This innovation allows betting on future competitions accessible even after the cruise ends. With sports betting booming, projected to reach over $155 billion by 2024, this service enhances the cruise experience. Ocean Sportsbook is part of a broader digital experience, reinforcing Princess's position in the industry.

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Holland America Line has appointed Captain Werner Timmers as the master of the new Rotterdam, set for delivery in July 2021. Timmers, whose experience spans nearly 40 years with the cruise line, will oversee sea trials and final construction at the Fincantieri shipyard in Italy. The new ship will accommodate 2,668 guests and features numerous amenities, including a 270-degree surround screen World Stage. The Rotterdam will embark on its premiere voyage on Aug. 1, 2021, during its inaugural season in northern Europe.

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Carnival Cruise Line and PortMiami recently held a groundbreaking ceremony for a new 471,000-square-foot Terminal F, which will serve as the homeport for Carnival Celebration, debuting in 2022. This terminal marks Carnival's third facility at PortMiami, reinforcing the company’s long-standing partnership with the city. Mayor Daniella Levine Cava commended the growth at PortMiami, while Carnival President Christine Duffy highlighted the terminal’s design aimed at enhancing embarkation efficiency. Carnival Celebration will feature cutting-edge innovations, including a roller coaster and LNG propulsion, as part of their green initiatives.

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Holland America Line is celebrating Valentine's Day by offering a special promotion from Jan. 29 to Feb. 14, 2021. Customers who purchase a gift card can receive up to a 10% bonus added value. For instance, purchasing a $500 gift card yields a $50 bonus, totaling $550. This offer extends to various gift card amounts, providing a great incentive for cruise planning. Gift cards can be utilized for any cruise booking in US dollars and are applicable towards onboard expenses, enhancing overall cruise value.

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Holland America Line has launched its Grand Voyages for 2022 and 2023, featuring extended cruises up to 127 days across six continents. Guests booking full voyages can receive an Early Booking Bonus of up to $6,730 per person. Highlights include the 2022 Grand Africa Voyage departing October 10, 2022, and the 2023 Grand World Voyage commencing January 3, 2023, showcasing multiple ports and immersive experiences. The company emphasizes destination immersion, with unique itineraries and onboard activities designed to enhance guest experience.

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Carnival Cruise Line announced revised ship deployment plans, affecting several cruise schedules. Key changes include the delayed return of Carnival Magic, Paradise, and Valor until November 2021, resulting in the cancellation of various voyages. The Carnival Miracle's service from San Diego is suspended, but some Hawaii sailings will shift to Long Beach. Additionally, Carnival Radiance's transformation has been rescheduled to September. The changes aim to provide more operational stability amid ongoing adjustments due to the global situation.

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Carnival Cruise Line has announced further cruise cancellations, extending its U.S. departure pause until April 30, 2021, and halting Australian operations through May 19, 2021. European sailings for Carnival Legend are cancelled from May to October 31, 2021, while the Mardi Gras cruise from Port Canaveral is now scheduled to commence on May 29, 2021. Guests will receive notifications regarding cancellation options, including future cruise credits and full refunds. President Christine Duffy highlighted ongoing booking demand despite the delays.

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Princess Cruises announced the sale of the Pacific Princess to an undisclosed buyer, aligning with parent company Carnival Corporation's strategy to enhance operational efficiency by removing less effective ships from its fleet. The Pacific Princess, which joined in 2002 and served over 1.6 million nautical miles, held sentimental value for many guests. Princess Cruises assures guests with existing bookings will receive alternatives or refunds. This decision reflects the ongoing adjustments within the cruise industry as demand evolves.

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FAQ

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

The current stock price of Carnival Corporation (CCL) is $25.79 as of December 24, 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

CCL Rankings

CCL Stock Data

34.61B
1.07B
7.64%
62.24%
4.64%
Travel Services
Water Transportation
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United States of America
MIAMI