Carnival PLC - CUK STOCK NEWS

Carnival Cruise Line has announced the cancellation of select itineraries for early 2021, as part of its strategy to resume cruising. Notably, the inaugural voyage of the Mardi Gras is postponed to April 24, 2021. This ship will be the first LNG-powered vessel in the Americas and features BOLT, the first roller coaster at sea. The company has also canceled all remaining sailings from Miami, Port Canaveral, and Galveston through February 28, 2021. Carnival emphasizes a cautious approach to ensure the safety of guests and crew amidst ongoing health concerns.

Princess Cruises announced the introduction of the MedallionClass Experience, set to launch in 2021, as part of its fleet's return to service. The technology enhances the guest experience through touchless features such as keyless stateroom entry and contactless commerce via the OceanMedallion wearable device. Aimed at improving health protocols, this innovation includes features like touchless embarkation and on-demand delivery. The fleet will comprise nine MedallionClass ships, ensuring guests can enjoy unparalleled connectivity with the MedallionNet Wi-Fi system.

Seabourn has launched its 2021 Signature Savings Event starting from December 2, 2020 to March 1, 2021, featuring enticing offers for select summer 2021 and winter/spring 2022 voyages. Benefits include suite upgrades, up to $1,000 USD shipboard credit, and a 50% reduced deposit. The event also allows for combination with other promotions for increased savings. Additionally, Seabourn has extended its Book with Confidence policy, providing flexibility for cancellations. The event encompasses cruises in various global destinations, including Antarctica and Alaska.

Carnival Corporation & plc (NYSE: CCL; NYSE: CUK) has appointed Peter C. Anderson as a Section 16 Named Executive Officer. Anderson joined in August 2019 as the chief ethics and compliance officer, overseeing the company's ethics and compliance efforts. He has over 20 years of experience in corporate compliance, previously serving as a federal prosecutor and head of the White Collar and Compliance Group at Beveridge & Diamond, PC. This appointment aims to enhance the company's commitment to compliance, environmental protection, and guest welfare.

Carnival Corporation has appointed Stein Kruse as senior advisor to the chairman and CEO, enhancing leadership expertise within the organization. Kruse's extensive background includes roles as CEO of Holland America Group and Carnival UK, and he was instrumental in operations since 1999. His new position aims to leverage his experience for the company's ongoing development, as stated by CEO Arnold Donald. Carnival remains a leader in the cruise industry with a portfolio featuring nine cruise lines globally.

Carnival Corporation & plc (CCL, CUK) has appointed Jan Swartz as the new group president of Holland America Group, overseeing Princess Cruises, Holland America Line, and Seabourn, among others. Swartz, a respected executive with extensive experience in the cruise industry, previously served as group president of Princess Cruises and has been with the company for over 12 years. CEO Arnold Donald praised her for her leadership and innovation. Swartz holds an MBA from Harvard Business School and a degree in Economics from the University of Virginia.

Cunard, a luxury cruise brand under Carnival Corporation (NYSE: CCL; NYSE: CUK), has announced significant leadership changes in its North American operations. Jamie Paiko has been appointed vice president of sales, Nicole Knox promoted to director of marketing, and Jeriel Lubaton's role expanded to include customer service management. These appointments align with Cunard's strategy to strengthen its market presence, particularly with plans to resume operations in Alaska. The company's focus remains on enhancing customer experience and sales effectiveness as cruising resumes.

Carnival Corporation (NYSE/LSE: CCL; NYSE: CUK) has successfully closed private offerings totaling $1,450 million in senior unsecured notes and €500 million in Euro notes, both maturing in 2026. The proceeds will support general corporate purposes, including financing property, plant, and equipment. The notes were offered to qualified institutional buyers and non-U.S. investors only. The press release emphasizes caution on forward-looking statements due to potential risks, particularly from the ongoing impacts of COVID-19 on operations and financial performance.

AIDA Cruises, a prominent cruise line in Germany and part of Carnival Corporation (NYSE: CCL, CUK), will launch Canary Island cruises starting on December 5, 2020. The cruise season will commence with AIDAperla, with AIDAmar following for the Christmas voyage on December 20, 2020. Enhanced health and safety protocols, including free COVID-19 testing and strict hygiene measures, have been established in collaboration with national and international authorities. However, cruises on AIDAstella and AIDAprima from December 1, 2020 to January 26, 2021 have been canceled due to the current situation in the Emirates, Spain, and France.