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 (NYSE: CCL; NYSE: CUK) announced on April 26, 2022, that Arnold Donald will transition from President and CEO to Vice Chair effective August 1, 2022. Josh Weinstein, currently COO, will succeed him. Donald praised Weinstein's leadership during the pandemic and confidence in his vision for the company's future. Donald's tenure saw record profits before the pandemic, and the company expects to operate its full fleet in 2022, aiming for positive adjusted EBITDA by summer.
Princess Cruises has announced the naming ceremony for its newest ship, Discovery Princess, set to take place on April 29, 2022, at the Port of Los Angeles. Television stars Randy Fenoli, Alex Guarnaschelli, Adam Savage, and Page Turner will serve as godparents for the ship. The 3,660-guest vessel expands Princess's fleet of MedallionClass ships, offering luxurious features and enhanced experiences, including Alaska cruises starting soon after the naming ceremony.
Holland America Line's Noordam resumed service on April 24, 2022, after a two-year hiatus due to the COVID-19 pandemic, marking the eighth ship to restart since March 2020. The vessel embarked on a 21-day Panama Canal transit to Vancouver and will offer cruises in Alaska during the summer. Following its Alaska season, Noordam will begin a 34-day Pacific crossing to Sydney and a 35-day Australian circumnavigation. By June 2022, Holland America plans to have all 11 ships back in service.
Cunard has appointed Matt Gleaves as VP, Commercial for North America and Australasia, aiming to enhance the brand's growth. Gleaves, who has over a decade of experience at Carnival UK, will oversee sales, marketing, and guest relations for key regions including Canada, Australia, and Japan. The company is set to increase fleet capacity by over 40% and will introduce the Queen Anne ship in early 2024. This strategic leadership change is expected to strengthen Cunard's market presence and capitalize on growing opportunities.
Carnival Corporation (NYSE: CCL; NYSE: CUK) has announced that Renata Ribeiro will lead global port and destination development starting June 1, 2022. Ribeiro, currently senior vice president of strategic operations, succeeds Giora Israel, who transitions to a senior advisor role after 14 years of leadership. Under Ribeiro's direction, the company aims to strengthen partnerships with local ports and enhance cruise destination experiences. Carnival has invested significantly in approximately 40 port projects worldwide, prioritizing safety and environmental compliance.
Princess Cruises has launched a new digital series, Ocean Treks Conservation Connections, featuring 28 episodes focused on environmental sustainability, hosted by Jeff Corwin and John Padgett. The series will cover topics including recycling, food waste reduction, and energy efficiency, with episodes streaming weekly starting April 19, 2022. Ocean Treks has previously received numerous awards and continues to emphasize the cruise line's commitment to environmental practices and conservation. For more information, visit www.princess.com.
Holland America Line's Koningsdam will be the first cruise ship to return to Canada in over two years, marking a significant step for the industry post-COVID. The ship will dock in Victoria on April 9 and Vancouver on April 10, with local events planned to celebrate this milestone. In 2022, six ships will operate 45 calls at these ports, bringing nearly 75,000 guests to Victoria and approximately 140,000 to Vancouver. The announcement underlines the importance of tourism for Canada and Alaska.
Cunard announces an exclusive partnership with Julien's Auctions for a preview auction featuring over 1,500 lots from Betty White's life and career. Guests on the Queen Mary 2 transatlantic crossing from August 5-12 will enjoy select items before the public auction from September 23-25, 2022, in Beverly Hills. Highlights include memorabilia, awards, and personal items from White's homes in California. This event celebrates the legacy of the beloved actress, offering a unique cultural experience for attendees.
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