Welcome to our dedicated page for Carnival PLC news (Ticker: CUK), a resource for investors and traders seeking the latest updates and insights on Carnival PLC stock.
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is a British-American cruise operator, recognized as the largest global cruise company. Headquartered in Miami, Florida, the company boasts a diverse portfolio of ten cruise line brands, including Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe; and P&O Cruises in Australia. Carnival's fleet encompasses over 100 vessels, providing a range of memorable vacation experiences worldwide.
With 92 ships in service by the end of fiscal 2023, Carnival has demonstrated significant recovery and growth, especially after the pandemic. The company saw nearly 13 million guests in 2019, a figure they matched again in 2023. Among its notable achievements and current projects, Carnival continues to innovate in sustainable travel. Holland America Line, for example, began a long-term biofuel test on its flagship, Rotterdam, aiming to reduce greenhouse gas emissions significantly.
Recent news highlights the company's commitment to enriching guest experiences. Princess Cruises introduced an immersive 'Voyage to the Stars' experience in Alaska, while Holland America Line's Global Fresh Fish Program was featured on 'Top Chef'. Additionally, Seabourn's launch of its Zero @ Sea mixology program showcases unique non-alcoholic cocktails, responding to evolving guest preferences.
Carnival Corporation's future projects are also promising. The Princess Cruises fleet is set to expand its itineraries in Japan and Southeast Asia for the 2025-26 season, with Diamond Princess leading the way. Moreover, the Seabourn Odyssey will offer nostalgic final voyages through Alaska before transitioning out of the fleet.
Financially, Carnival Corporation continues to show resilience and growth, reflected in their latest fiscal reports and quarterly earnings. Investors and stakeholders can look forward to a conference call scheduled on June 25, 2024, to discuss second-quarter financial results. This proactive engagement underscores Carnival's dedication to transparency and shareholder value.
Carnival Corporation & plc has scheduled a conference call for
Additional information can be found on their official websites.
Princess Cruises marked a significant milestone with the float out of the Sun Princess at Fincantieri Shipyard, Italy, on March 8, 2023. The ship's Madrina, Simona Stumberger, was honored for her exemplary service. The Sun Princess will accommodate 4,300 guests and feature innovative spaces such as The Dome and Horizons Dining Room. Designed for sustainability, it will be powered by Liquified Natural Gas and equipped with advanced waste management systems. The ship is set to launch inaugural cruises in 2024, expanding Princess's offerings in the Mediterranean and Europe.
Holland America Line is celebrating its 150th Anniversary by launching new extended Legendary Voyages ranging from 25 to 59 days. These itineraries offer rich experiences across numerous global destinations including Alaska, Japan, and the South Pacific. The lineup features three new trips: the 28-day Arctic Circle Solstice, a 53-day Majestic Japan, and a 28-day Coral Triangle voyage. Guests can enjoy the early booking "Have It All" package, which includes shore excursion credits and upgraded amenities. With many departures from North America, these cruises enhance accessibility for travelers.
Cunard has unveiled its Winter 2025 program, featuring over 133 voyages to 159 destinations worldwide. Notably, the Queen Anne will embark on her inaugural World Voyage on January 9, 2025, covering five continents and more than 30 ports in a 107-night journey from Southampton. Additionally, the Queen Elizabeth will sail ten summer voyages in Alaska in 2024, starting July 11, 2024. Cunard emphasizes a luxury experience with premium itineraries, including new destinations and maiden calls in
Cunard has launched the 'Sea Views' exhibition, curated by renowned photographer Mary McCartney, celebrating 100 years of photography in its history. The exhibition, available online since March 2, 2023, showcases archival images and contributions from passengers, capturing moments from the 1920s to the present.
This initiative marks two significant milestones: the introduction of onboard photography over a century ago and the centennial of the first round-the-world voyage by Laconia. Guests like Elizabeth Taylor and Nelson Mandela are highlighted among the iconic figures featured.
Seabourn announces the appointment of Natalya Leahy as its new president, succeeding Josh Leibowitz, who is departing for new opportunities. Leahy brings extensive experience from her previous role as chief operating officer at Holland America Group, where she oversaw Seabourn among other brands. Her leadership is seen as pivotal as the company prepares to launch its second purpose-built expedition ship, Seabourn Pursuit, later this year. Leibowitz successfully managed the fleet's return to service and the expansion into ultra-luxury expedition voyages. Seabourn is owned by Carnival Corporation (NYSE: CCL, CUK).
Carnival Corporation has secured a new $2.1 billion multi-currency revolving credit facility, set to replace its existing facility expiring in August 2024. The facility has a one-year initial term and includes mutual extension options, as well as an accordion feature allowing for commitments up to $2.9 billion. This move reflects the company's robust bank relationships and aims to support its return to profitability and deleveraging efforts. The new facility is unsecured and will be backed by three unencumbered vessels. Key coordinators of this financing include Bank of America, BNP Paribas, and JP Morgan.
Holland America Line is hosting the Alaska Cruise and Travel Show on March 18, 2023, at Bell Harbor International Conference Center in Seattle. The free event invites locals to explore Alaska cruise options and engage with various activities, including gold panning, axe throwing, and cooking demonstrations. Attendees can register for a chance to win one of seven Alaska cruises for two and receive promotional offers when booking at the show. This marks the third time Holland America is offering this expo, which highlights their expertise in Alaska cruising, celebrating over 75 years in the market.
Holland America Line is offering a special promotion for California residents, providing $150 in combined spending credits for onboard activities, Denali, and Dawson City tours when booking select 2023 Alaska Cruisetours. The promotion runs until March 31, 2023 and coincides with the 'Time of Your Life' wave offer, which includes benefits like free stateroom upgrades, discounts, and special packages. This year, a total of 16 Cruisetours feature Denali National Park and some include the Yukon. The goal is to attract more West Coast guests to experience Alaska and Yukon, leveraging Holland America's unique offerings in this region.
On February 24, 2023, Holland America Line announced a special promotion for Illinois residents booking 2023 Denali and Yukon Cruisetours, providing a combined onboard spending credit of $150 per person. This offer includes $50 for onboard spending, $50 in Denali Dollars for dining and tours, and $50 in Dawson Dollars for excursions. The promotion runs through March 31, 2023, and can be combined with the existing 'Time of Your Life' wave offer, which includes free stateroom upgrades and discounts. Holland America Line's Cruisetours showcase Alaska and the Yukon, extending its unique offerings in the region.
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