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.
Princess Cruises announced its Summer Seacations, a series of all-inclusive short breaks and week-long cruises aboard MedallionClass ships, Regal Princess and Sky Princess, commencing from late summer 2021. These cruises will be available to UK resident COVID-19 vaccinated guests only. Regal Princess offers 14 voyages from July 31 to September 23, while Sky Princess provides eight cruises from August 30 to September 28. Fares start at £539 for a three-night cruise, with bookings opening on March 24, 2021.
Carnival Corporation (NYSE: CCL; NYSE: CUK) was honored as one of the Best Companies for Latinos to Work by Latino Leaders Magazine, marking its second consecutive year on the list. This recognition reflects the company's commitment to diversity and inclusion, emphasizing financial stability and career advancement opportunities. The index evaluated 25 U.S. companies based on metrics such as employee diversity and community service. Additionally, Carnival has received accolades from Forbes for its workplace culture and corporate social responsibility initiatives.
P&O Cruises announces summer plans for flagship Britannia and new ship Iona, offering short breaks and week-long cruises from Southampton. Departing from June to September, these cruises will cater exclusively to UK residents who are Covid-19 vaccinated. Prices start at £449 for three-night breaks and £1,199 for Iona's seven-night maiden voyage. Enhanced health protocols will be in place, including mandatory travel insurance and sanitation measures. The new vessel Iona features a blend of dining options and entertainment, enhancing the overall guest experience.
Seabourn has announced new expedition itineraries for its ultra-luxury ship, Seabourn Venture, set for summer and fall of 2022. These itineraries will explore stunning locations in the Arctic, Caribbean, and parts of Central and South America over 16 immersive voyages, ranging from 10 to 15 days. Guests will experience diverse wildlife, pristine landscapes, and cultural insights unique to each destination. The voyages may include options to combine trips for longer stays of up to 29 days.
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.
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