Tagged: Carnival Corporation & plc

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…)