Tagged: Carnival Corporation & plc

Carnival Corporation & plc provides a business update and additional financial information for the second quarter ended May 31, 2020. (more…)

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Josh Weinstein has been named chief operations officer, effective immediately. (more…)

Carnival suffered losses of $4.4bn (£3.6bn) in three months, as the cruise company’s business was all but sunk by the Covid-19 pandemic. Revenues dropped to $700m from $4.8bn for the same March-May period in 2019, as bookings dried up and the corporation’s cruise lines suspended sailings after severe outbreaks onboard its ships. (theguardian.com)

Carnival Corporation & plc announced today a number of additional actions it is taking to further strengthen its liquidity position in the event of an extended pause in guest operations due to COVID-19. (more…)

Congress has opened a probe into Carnival Corporation, the operator of the Princess Cruises line of cruise ships, over its handling of COVID-19 outbreaks, according to a report from Bloomberg. Officials are now requesting Carnival turn over documents and communications about its coronavirus response and its plans for future improvement. (theverge.com)

Carnival Corporation & plc today announced that Jeffrey J. Gearhart, retired executive vice president, global governance and corporate secretary for Walmart, Inc. (WMT), was appointed yesterday to the company’s boards of directors, effective immediately. (more…)

Robert J. Mongeluzzi, the noted maritime trial lawyer whose team has represented passenger-victims in maritime disasters on vessels ranging from death-trap duck boats and unsafe dive boats to luxury cruise ships, today (April 16) said the Carnival Cruise Line leadership “seems more concerned about the company’s sinking stock price than human life” as it “rushes to relaunch its fleet amid the raging COVID-19 pandemic.” (more…)

Arnold Donald, CEO of Carnival Corporation, addressed the media on a conference call on Thursday afternoon. Highlights: Donald said recent fundraising efforts from Carnival Corporation has prepared the company for a “worst case scenario,” meaning capital to operate for some time without revenue. (cruiseindustrynews.com)

Carnival Corporation has a pipeline of 18 new ships on order for its various brands extending through spring 2025. Carnival’s orderbook includes vessels for Carnival Cruise Line, Carnival China, Costa Cruises, AIDA Cruises, Seabourn, Princess, Cunard, P&O UK and Holland America Line, totaling over 73,000 new berths and an investment over $14 billion. (cruiseindustrynews.com)

Shares of Carnival Corp. ended the day up more than 10% Tuesday, extending Monday’s gains after the Saudi sovereign wealth fund disclosed an 8.2% stake in the cruise operator. (cnbc.com)

The Public Investment Fund of Saudi Arabia today a reported an 8.2% stake in Carnival Corporation in a filing, sending Carnival stock surging more than 25 percent. (cruiseindustrynews.com)

Micky Arison, chairman of Carnival Corporation, said in a recent video posted to Carnival’s Facebook page for travel agents that rebuilding will take time and effort, and that travel agents are key to that process. (cruiseindustrynews.com)

Carnival Corporation & plc, the world’s largest leisure travel company, today announced that select cruise ships from the company’s global cruise line brands, including Carnival Cruise Line, Holland America Line, Princess Cruises and P&O Cruises Australia, will be made available to communities for use as temporary hospitals to help address the escalating impacts of the COVID-19 pandemic on healthcare systems around the world. (more…)

Carnival Corporation & plc today announced the appointment of Heidi M. Barker as vice president of corporate communications in the ethics and compliance department. (more…)

Carnival Corporation & plc today announced it is a charter member of the Ocean Plastics Leadership Network (OPLN), a new global community of retailers, brands, non-governmental organizations and alliances committed to sharing best practices, developing scientific breakthroughs and new business models, and working to develop new approaches, innovations and solutions-based projects to address the impacts of plastic waste. (more…)

Carnival Corporation & plc today announced it has joined the Getting to Zero Coalition, an alliance of organizations across the maritime, energy, infrastructure and finance sectors committed to accelerating the decarbonization of the international shipping industry. (more…)

Carnival Corporation & plc today (Dec.11) announced it is pilot-testing food waste bio-digester technology to improve environmental compliance and the food waste disposal process on board its ships, and plans to expand the program across its fleet in the near future. (more…)

Carnival Foundation, the charitable arm of Carnival Corporation, held its third Corporate Relay For Life fundraiser Friday, Nov. 8, 2019, for American Cancer Society. (more…)

Carnival Corporation & plc today announced seven new hires and internal promotions as part of the development of its new companywide ethics and compliance function, first announced in August 2019 and led by Peter Anderson, chief ethics and compliance officer. (more…)

On a cruise through the ingenious 105-year-old Panama Canal, you may find yourself wondering how far the human mind can go in its quest to find solutions. (more…)

Carnival Corporation & plc today announced it has launched the Global Learning and Development Information System (GLADIS), providing employees convenient access to the latest technology in training resources for continuous learning and professional development. (more…)

Carnival Corporation & plc today officially began construction of the cruise industry’s first cruise terminal in Japan, located at the port of Sasebo, with a groundbreaking ceremony attended by government, business and community representatives. (more…)

The fallout from the liquidation of U.K.-based Thomas Cook Group “could be a modest near-term positive” for the Carnival cruise operator, according to a research note. Carnival (ticker: CCL) operates many brands, including P&O Cruises, which is popular among British customers. Carnival is the largest U.S. cruise operator by revenue. Thomas Cook, the oldest travel agent in Britain, collapsed over the weekend. (barrons.com)

Carnival Corporation & plc today (Sept. 23, 2019) announced a new partnership with renowned ocean explorer and life-long environmental advocate Jean-Michel Cousteau and his Ocean Futures Society, a nonprofit marine conservation and education organization that serves as a “Voice for the Ocean” on the importance of effective environmental and sustainability policy. (more…)