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Carnival Corporation & plc (CCL), the world's largest cruise company, maintains this dedicated news hub for investors and industry stakeholders. Access official press releases, financial disclosures, and operational updates from the parent company of Carnival Cruise Line, Princess Cruises, and other leading brands.
This resource provides timely updates on earnings reports, fleet expansions, sustainability initiatives, and strategic partnerships. Monitor key developments affecting the leisure travel sector through verified announcements directly from the corporation and related analysis.
Content spans quarterly financial results, new itinerary launches, leadership changes, and technological innovations in maritime operations. Bookmark this page for streamlined tracking of CCL's global business activities across its nine cruise line subsidiaries.
Princess Cruises is extending the pause of its UK-based cruise operations through September 25, 2021, in response to the UK Government's travel restrictions. New short cruises will be launched in late summer on Regal Princess and Sky Princess. Guests booked on cancelled voyages can either rebook for 2022 with fare protection or opt for a future cruise credit (FCC) of 100% plus an additional 10% bonus FCC or a full refund. The company aims to maintain relationships with travel agents by transferring commissions from cancelled bookings to new ones.
P&O Cruises will launch short and week-long UK cruises as staycations this summer, set to go on sale later in March. President Paul Ludlow expressed optimism as government restrictions ease and vaccination efforts expand, aiming to provide a reliable holiday experience. However, to accommodate these new sailings, existing cruises on several ships will be canceled until late August and September. Canceled guests will receive a Future Cruise Credit of 125% of their payment or a 100% refund, valid until December 2021.
Holland America Line has opened bookings for its 2022 and 2023 cruises, featuring exotic itineraries across destinations like Australia, New Zealand, South America, and Antarctica. The cruises span from 14 to 50 days on four ships. Notable offerings include the Westerdam exploring the Far East and the Noordam venturing to the South Pacific. Special amenities are available for bookings made by April 5, 2021, including reduced deposits and complimentary packages.
Carnival Cruise Line has announced an extension of its operational pause from U.S. ports through May 31, 2021. No specific date for resuming guest cruises has been set. The company is offering more flexible cancellation options for early summer reservations, allowing guests to cancel without penalty. Those affected by the cancellations can choose between a future cruise credit with onboard credit or a full refund. President Christine Duffy expressed optimism regarding vaccine distribution's impact on public health and thanked guests and partners for their support.
Carnival Corporation (NYSE/LSE: CCL; NYSE: CUK) announced the pricing of its underwritten public offering of 40,450,619 shares at $25.10 per share. The offering is set to close on February 24, 2021, pending customary conditions. Proceeds will support general corporate purposes. Goldman Sachs is the sole underwriter for the offering. A shelf registration statement has been filed with the SEC, with further details available via their website. This announcement does not constitute a sales offer in jurisdictions where it would be illegal to do so.
Carnival Corporation is initiating a $1 billion underwritten public offering of common stock, with proceeds aimed at general corporate purposes. The offering will be conducted by Goldman Sachs & Co. LLC as the sole bookrunner. A shelf registration statement has been filed and is effective, allowing for the transaction to proceed. Notably, this offering may raise concerns over potential dilution for existing shareholders. The offering details will be made available through the SEC and Goldman Sachs, ensuring compliance with relevant regulations.
Carnival Corporation (NYSE: CCL; NYSE: CUK) has successfully closed a private offering of $3.5 billion in 5.75% senior unsecured notes due 2027. The proceeds will be utilized for debt principal payments and general corporate purposes, including vessel-related costs and improvements. The notes were offered only to qualified institutional buyers and will not be registered under the Securities Act. The company faces ongoing risks tied to COVID-19, which continues to affect its financial condition and operational outlook.
Seabourn announces the launch of its 2023 World Cruise: Extraordinary Discoveries and 2023 Grand Voyage: Grand Americas, Amazon & Antarctica, both departing on January 6, 2023. The 140-day World Cruise will visit 61 destinations across 32 countries, while the 79-day Grand Voyage will cover 37 destinations in 15 countries. Both cruises offer exclusive experiences and amenities, including complimentary benefits for early bookings. Seabourn aims to cater to travelers seeking future planning options amidst uncertainty.
Carnival Corporation & plc has announced the pricing of private offerings for $3.5 billion of 5.75% senior unsecured notes due 2027. The offering amount was increased to $3.5 billion and is expected to close on February 16, 2021. The notes will pay interest semi-annually starting September 1, 2021. Proceeds will be used for debt principal payments and corporate purposes, including financing for property and equipment. The offering is aimed at qualified institutional buyers and will not be registered under the Securities Act.
Cunard has launched a sweepstakes linked to the HBO Max film, Let Them All Talk, allowing a winner and a guest to enjoy a luxurious Queen Mary 2 Transatlantic Crossing from New York to Southampton. The sweepstakes runs from February 1 to March 31, 2021, with an estimated prize value of $33,000. The winner will experience the Queens Grill suite featured in the film, directed by Steven Soderbergh and starring Meryl Streep. This initiative underscores Cunard's high-profile branding through cinema.
