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.
Seabourn has announced the cancellation of voyages for three cruise ships, Seabourn Odyssey, Seabourn Ovation, and Seabourn Encore, extending operations pauses into Spring 2021. This measure is a proactive response to ongoing COVID-19 challenges. Guests affected will automatically receive Bonus Future Cruise Credits valued at 125% of their paid fares, with the option for full refunds. The credits are valid for bookings through December 31, 2022. Seabourn emphasizes the health and safety of guests and crew as a priority.
Costa Cruises, part of Carnival Corporation (CCL, CUK), announces that the Costa Smeralda will resume operations on October 10 with enhanced health protocols. The ship will offer a series of five cruises from October 10 to November 7, showcasing Italy's cultural heritage. The new routes include stops in Savona, La Spezia, Cagliari, Naples, Messina, and Civitavecchia, with strict COVID-19 safety measures in place. Costa Smeralda utilizes liquefied natural gas (LNG) to minimize emissions, exemplifying sustainable practices.
Carnival Corporation & plc (NYSE: CCL; NYSE: CUK) has announced a conference call scheduled for October 8, 2020, at 10 a.m. EDT to discuss a business update. Investors and analysts can access the call via the company websites carnivalcorp.com and carnivalplc.com. This call is an opportunity for stakeholders to gain insights into the company's current status amid ongoing market challenges.
On October 1, 2020, Holland America Line celebrated the coin ceremony for the Rotterdam at Fincantieri's Marghera shipyard in Italy, marking a key milestone in its construction. Executive Director Mai Elmar participated as the ship's madrina, emphasizing the ship's connection to Rotterdam. The Rotterdam is set to be floated out on October 7, 2020, with a delivery date scheduled for July 30, 2021. This third Pinnacle Class ship will feature innovative amenities and a capacity for 2,668 guests, enhancing the brand's reputation in premium cruising.
Princess Cruises officially welcomed the Enchanted Princess into its fleet during a live-streamed ceremony on September 30, 2020. This 145,000-ton vessel, accommodating 3,660 guests, is the 100th ship built by Fincantieri, marking a historic milestone for both the shipbuilder and Princess Cruises. The Enchanted Princess is designed to elevate guest experiences with new amenities, including Sky Suites and cutting-edge technology like the OceanMedallion for personalized services. The ship will arrive in North America in December 2020 for Caribbean cruises.
Cunard has launched its 2021 itineraries for the Queen Elizabeth, featuring cruises from Southampton and Barcelona. The voyages range from three to 14 nights, covering destinations in Europe, Asia, and Australia. Highlights include overnight stays in ports like Amsterdam and Copenhagen, with prices starting at $499 for a balcony stateroom. Cunard is prioritizing guest safety with new health protocols. This program commences on April 27, 2021, and concludes on December 19, 2021, in Melbourne.
Seabourn will offer immersive voyages in Alaska and British Columbia aboard the luxurious Seabourn Odyssey during its 2021 season. These include unique 7-, 10-, and 11-day itineraries that are distinct in the market, providing access to exclusive ports and stunning natural landscapes. The ship accommodates 458 guests, offering spacious oceanfront suites. Travelers can enjoy optional Ventures by Seabourn tours for guided excursions and experiences highlighting local wildlife and culture. Reservations can be made through travel advisors or Seabourn directly.
Costa Cruises, part of Carnival Corporation (NYSE: CCL; NYSE: CUK), announced the gradual reintroduction of cruises for winter 2021. This includes enhanced health protocols and a revamped itinerary across the Mediterranean and Northern Europe. From April to November 2021, ships like Costa Smeralda and Costa Firenze will serve various routes, including Italy, Spain, and Greece. New cruises will replace previously scheduled ones, with rebooking options for affected customers.
Carnival Cruise Line introduces Grand Central, a groundbreaking three-deck-high atrium on the Mardi Gras, debuting February 2021. Spanning Decks 6, 7, and 8, Grand Central features expansive glass panels for stunning ocean views and versatile functionality. By day, it offers a relaxing space for drinks and entertainment; by night, it transforms into a vibrant venue with unique performances. The Mardi Gras is notable as the first North American cruise ship powered by Liquefied Natural Gas (LNG), embarking from Port Canaveral on February 6, 2021.
On September 21, 2020, Princess Cruises announced the sale of Sun Princess and Sea Princess to undisclosed buyers. This decision aligns with parent company Carnival Corporation's strategy to phase out less efficient ships. The two vessels significantly contributed to Australian cruising, with passengers spending nearly 14 million nights aboard. Due to their sale, Princess Cruises will cancel upcoming itineraries for both ships, and affected guests will be notified. Carnival continues to focus on enhancing offerings with new ships like Enchanted Princess.
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