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
Costa Cruises announced its 2021-2022 season in South America, introducing the new flagship Costa Toscana, set to debut in Brazil with an inaugural cruise on December 26, 2021. The ship boasts over 180,000 gross tons and 2,600 staterooms, promising high-end amenities and experiences. Additionally, Costa Favolosa will extend its season to nearly five months, starting on November 20, 2021. Both ships will offer various itineraries, including cruises that encompass popular destinations in Brazil and Italy, enhancing Costa's longstanding presence in the region.
Costa Cruises, part of Carnival Corporation (NYSE: CCL; NYSE: CUK), announced a significant milestone with the successful LNG bunkering of its ship, Costa Smeralda, on October 25 in La Spezia, Italy. This marks the first LNG operation in Italy, enhancing the company's commitment to sustainability. The operation was supported by local authorities and Shell, underscoring Carnival's leadership in LNG technology. With this successful operation, Costa Smeralda becomes part of a growing fleet utilizing cleaner energy. The company aims to reduce air emissions significantly through advanced LNG technology.
Holland America Line plans a full season of Alaska cruises and Land+Sea Journeys in 2021, featuring six ships from April to September. The award-winning cruise line offers unique itineraries, including visits to Glacier Bay and more glacier experiences than any competitor. Highlights include new seven-day routes between Whittier and Vancouver, enhancing its offerings in Alaska. Recognized as the top cruise line for Alaska by various awards, the company is poised for strong demand as travel interest rebounds post-pandemic.
AIDA Cruises, a brand under Carnival Corporation (NYSE: CCL; NYSE: CUK), is set to resume cruise operations in Italy starting October 17, 2020. This marks a significant step as AIDA follows the earlier resumption by Costa Cruises. Initial voyages will target Sicilian destinations and will continue weekly until November 28. Both brands have implemented enhanced health protocols in partnership with health authorities, including COVID-19 testing and health checks for all guests and crew. Roger Frizzell, Carnival's chief communications officer, emphasized a commitment to public health and safety.
Seabourn has announced the sale of revised itineraries for its inaugural winter season of the ultra-luxury expedition ship Seabourn Venture from December 2021 to April 2022. These voyages will feature 10- to 14-day cruises along Norway's coast, offering guests unique opportunities to explore winter landscapes, Viking history, and the Northern Lights. Key features include inclusive outdoor activities, complimentary jackets from Helly Hansen, and custom-built submarines for ocean exploration. Inaugural sailings, starting December 11, 2021, have already sold out.
Carnival Corporation (NYSE: CCL; NYSE: CUK) updated its previous announcement regarding a cybersecurity incident. On August 15, 2020, unauthorized third-party access was detected in its IT systems. Affected brands include Carnival Cruise Line, Holland America Line, and Seabourn. Following the incident, Carnival engaged a cybersecurity firm for investigation and notified law enforcement. Personal information of some guests, employees, and crew may have been compromised, but evidence indicates a low likelihood of misuse. Notifications will be sent to those impacted within 30 to 60 days with offers for credit monitoring.
Carnival Cruise Line has announced the cancellation of all remaining cruises from PortMiami and Port Canaveral for November 2020. This follows the CDC's extension of the no-sail order until October 31, rendering November operations infeasible. Additionally, five cruises from Sydney, Australia, scheduled between January 16 and February 8, 2021, have also been cancelled. Guests will receive a combination of future cruise credit and onboard credit, or a full refund for their bookings. December cruises are still scheduled but can be cancelled voluntarily by guests.
P&O Cruises officially welcomed its newest ship, Iona, in a ceremony at Meyer Werft in Germany. At 185,000 tonnes and 345 meters long, Iona is the largest cruise ship for the UK market, powered by liquefied natural gas (LNG). The ship is anticipated to offer a new level of guest experience with features like the SkyDome, multiple specialty restaurants, and entertainment venues. Although operations are currently paused until early 2021, the cruise line looks forward to welcoming guests to various destinations in Northern Europe and beyond.
Carnival Corporation & plc announced a phased resumption of guest operations, starting with Costa and AIDA brands after a suspension due to COVID-19. The company has accelerated the sale of less efficient ships, aiming to optimize its fleet while managing costs. Enhanced health protocols are in place to ensure guest safety. Despite the CDC's No Sail Order extension, Carnival remains hopeful for a U.S. cruise restart. Recent bookings for 2021 show strong potential, with new bookings rising. As of September 2020, Carnival had over $8 billion in cash, but anticipates net losses for the upcoming quarter.
Carnival Cruise Line has announced that reservations are now open for its new ship, Carnival Celebration, set to debut in November 2022 as part of the company's 50th birthday celebrations. The ship will commence its inaugural 14-day transatlantic cruise from Southampton on Nov. 6, 2022, arriving in Miami on Nov. 20. Following this, year-round Caribbean sailings will start from PortMiami on Nov. 27, 2022, with itineraries featuring popular destinations. The ship boasts unique features similar to Mardi Gras, including the first roller coaster at sea.
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