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Carnival Corporation

Chance to Buy Carnival Shares at UK Bourse

Carnival Corporation to sell existing shares over time in the London stock market. Carnival Corporation and Carnival Investments Limited, a wholly owned subsidiary of Carnival Corporation, intend to sell existing Carnival plc ordinary shares that they hold in the UK market. Depending on market conditions, Carnival Corporation and Carnival Investments Limited over time will sell up to 32,000,000 ordinary shares of Carnival plc in this program. Under the terms of the articles of association of Carnival plc the ordinary shares sold by Carnival Corporation and Carnival Investments Limited will, once held outside of the Carnival Corporation group, become re-enfranchised for voting purposes. The ordinary shares will be sold from time to time in the UK in "at the market" transactions at times when the Carnival Corporation common stock is trading at a discount to Carnival plc shares. Carnival Corporation & plc intends to use the net proceeds of the Carnival plc Share Sales to repurchase Carnival Corporation common stock on at least an equivalent basis in the U.S. market ("Stock Swap Repurchase"), and to use the remaining net proceeds, if any, for general corporate purposes. Carnival Corporation & plc only intends to trade where it will derive an economic benefit from the Carnival plc Share Sales and Carnival Corporation Stock Swap Repurchase program.


Carnival Pays Quarterly Dividend, Appoints New Director

Carnival Cruise Liner: Photo credit Wiki CCL Rapidfire

Carnival Corporation appoints new non-exec director to serve on health, environment, safety & security committees At the annual shareholders meeting of Carnival Corporation & plc  held in Miami Beach, Fla., shareholders elected a new member to the company's board of directors – Debra Kelly-Ennis, president and chief executive officer of Diageo Canada, Inc.  Kelly-Ennis will serve in a non-executive capacity on Carnival Corporation & plc's 14-member board


Windstar Executive Transfers To Carnival

Rick Meadows, 37, formerly vice president of sales and marketing for Windstar Cruises, a unit of Carnival Corporation (NYSE: CCL), has transferred to the parent company assuming the position of vice president of marketing. In this capacity, Meadows' responsibilities include evaluating potential e-marketing opportunities and further developing the World's Leading Cruise Lines, the marketing association for Carnival Corporation's six cruise brands


Carnival Corp. to Invest $400m in Scrubber Technology

Carnival Corporation CEO Arnold Donald

Carnival Corporation CEO Arnold Donald announced that Carnival will significantly extend its installation of exhaust gas cleaning technology, investing $400m in the coming three years to install the technology on 70 ships across its brand, a significant jump from the 32 announced last year.   Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) is the world’s largest cruise company, and Donald stressed that it is the company’s intention to use “communication


Dow Named VP of Public Affairs for Carnival

Tom Dow, a 28-year travel industry veteran, has been named vice president - public affairs for Miami-based Carnival Corporation & plc. In this newly created position, Dow serves as Carnival Corporation & plc's liaison to federal and state governments and local communities in North America. He also serves as Carnival Corporation & plc's representative for industry organizations such as the International Council of Cruise Lines


Carnival Reports Financial Impact of Katrina

Carnival Corporation announced that the severe weather caused by Hurricane Katrina and subsequent port closures resulted in the cancellation of one voyage and the shortening of two voyages, as well as other voyage disruptions and related costs, for the company's Carnival Cruise Lines brand. In addition, Carnival Cruise Lines has two vessels, the Carnival Conquest and Sensation, which homeported out of New Orleans. Given the tremendous damage to New Orleans


Carnival Estimates Financial Impact of Grounding

Carnival Corporation & plc Required Announcement on Financial Impact of Costa Concordia.   Carnival Corporation & plc has commented on the financial impact resulting from the grounding of the Costa Concordia.   "At this time, our priority is the safety of our passengers and crew," said Micky Arison, Carnival Corporation & plc chairman and CEO.  "We are deeply saddened by this tragic event and our hearts go out to everyone affected by the


Carnival and Orizonia Finalize New Spanish Cruise Operation

Carnival Corporation & and Orizonia Corporacion announced that they have finalized the agreements for a previously announced multi-ship cruise brand serving the Spanish market. The transaction is expected to close on September 14, 2007, with Carnival owning 75 percent of the joint venture and Orizonia owning 25 percent. The new joint venture company will be consolidated into Carnival Corporation & plc's financial results starting in the fourth quarter 2007


Carnival CEO Issues Statement Regarding Costa Concordia

The statement of Micky Arison, chairman and CEO of Carnival Corporation & plc, parent company of Costa Cruises:   We are deeply saddened by the reports of additional deaths following the grounding of the Costa Concordia. On behalf of the entire Carnival Corporation & plc team, I offer our heartfelt condolences to all of those families affected by this tragedy.   Our immediate priority continues to be supporting rescue and recovery efforts and looking after our


New Carnival Ship to Enter Service in 2008

Carnival Corporation & plc has assigned the newbuild slot for the previously announced 116,000-ton cruise ship to U.K.-based P&O Cruises. To be built by Italian shipbuilder Fincantieri, the vessel is scheduled to enter service in spring 2008. The new 3,100-passenger vessel will become the largest cruise ship specifically built for British cruise service and continues Carnival's ongoing European expansion strategy. An itinerary for this vessel has not been announced.


Carnival Donates $2.5m to Nature Conservancy

Photo courtesy of The Nature Conservancy

To Celebrate World Oceans Day, World's Largest Cruise Company Announces Gift to Support Ecologically Important Lands and Waters.   To help celebrate World Environment Day today and in advance of World Oceans Day on June 8, Carnival Foundation in partnership with Carnival Corporation &


Carnival Expands in Australia

Pacific Jewel is part of the P&O Cruises fleet of three ships currently based in Australia.

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced plans to expand in Australia, one of the fastest growing markets in the cruise industry.   With Australian cruise passenger numbers having increased 130%in the past five years and projections of 800


Carnival Adds Fourth Ship in China

Sapphire Princess

Carnival Corporation adds new ships in China to further expand its market, growing its capacity in China by 140 percent from 2013 - 2015. Costa Serena – set to sail out of Shanghai in April 2015 – joins Costa Victoria, Costa Atlantica and Sapphire Princess to make Carnival


Carnival Corp on Target to Cut GHG Emissions 20%

Image courtesey of Carnival Corpl

In honor of Earth Day and the importance of year-round environmental awareness, cruise ship company Carnival Corporation & plc says it will meet its goal to reduce its rate of greenhouse gas (GHG) emissions from shipboard operations by 20 percent


Carnival Reports Profit Slide in Q1 2014, Outlook Gloomy

Image courtesy of Carnival Corp.

Cruise line group Carnival Corporation announced non-GAAP net income of $2 million, or $0.00 diluted EPS for the first quarter of 2014 compared to non-GAAP net income for the first quarter of 2013 of $67 million, or $0.08 diluted EPS. Key metrics for the first quarter 2014 compared to first


MHI Reports $586M Loss on Cruise Ship Builds

Pier Luigi Foschi, Chairman & CEO of Costa Crociere, (center) and Hisashi Hara, Director, Executive Vice President and General Manager of Shipbuilding & Ocean Development business of MHI (second from right) sign the contract in 2011.

Mitsubishi Heavy Industries, Ltd. (MHI) booked an extraordinary loss of approximately 60 billion yen (roughly $586 million USD) on the build of two cruise ships as a loss provision related to the construction work in its consolidated financial results for fiscal year (FY) 2013 (ending March 31


The Quest for Shipping Transparency: New Alliance Formed

File image CCL

From Annapolis, Md. USA and Dubai, United Arab Emirates, TRACE International and DA-Desk FZ-LLC announce a partnership to create greater transparency in the shipping industry which they say will set the standard for global compliance due diligence and port cost management services.


TRACE International and DA-Desk Form Alliance

TRACE International and DA-Desk FZ-LLC today announced a partnership to create greater transparency in the shipping industry. The first-of-its-kind shipping industry partnership pairs TRACE, the worldwide leader in setting the standard for global compliance due diligence, with DA-Desk


Carnival Inks Internet Service Deal with MTN

Photo: Carnival

MTN Communications announced that Carnival Corporation & plc has signed a new agreement for the provision of Internet services to its guests and crew. The agreement covers several Carnival Corporation brands, including Princess Cruises, Cunard and P&O Cruises (U.K


Carnival Corp & MTN Extend Satcom Agreement

Image courtesy of Carnival Corp.

MTN Communications (MTN) say they have signed a new agreement with Carnival Corporation & plc for the provision of Internet services to its passengers and crew.  The agreement covers several Carnival Corporation brands, including Princess Cruises, Cunard and P&O Cruises (UK).


Carnival Corp. Wins Clean Tech Award

Image courtesy of Carnival Corp

Cruise company Carnival Corporation has been named the 'Best Marine Solutions Company' in this year's Clean Tech Awards by 'The New Economy' magazine. The Clean Tech Awards are given out by The New Economy, a quarterly publication whose goal is to engender financial investment and encourage


Carnival Appoint First Chief Maritime Officer

William Burke: Photo courtesy of US Naval Academy

Carnival Corporation & plc has appointed US Navy retired Vice Admiral William Burke to the newly created position of Chief Maritime Officer, effective December 9, 2013. Burke will report directly to Chief Operations Officer Alan Buckelew and will have oversight of the company's


Big Hearted Responses to Philippine Typhoon Disaster

Capt. Disy press conference: Photo credit USN

USS Antietam arrives on scene heralding the arrival of the 'George Washington' carrier strike force wth its immense capabilities, cruise ship operators Carnival Corp. pledge a million US$ and KVH grants free phone calls. Navy Capt. Tom Disy


Top Guns Shuffle at Carnival Corp.

Alan Buckelew: Photo courtesy of Carnival Corp

Alan Buckelew, currently the president and CEO of Princess Cruises, is being appointed to the newly created role of Chief Operations Officer of Carnival Corporation & plc effective December 1, 2013, reporting to President and CEO Arnold Donald


Carnival Secures Fire Protection Maintenance Contract

HI-FOG sprinkler discharge

Marioff has signed a five-year frame agreement for maintenance services with Carnival Corporation & plc. The agreement covers servicing and maintaining HI-FOG water mist fire suppression systems already installed onboard 66 cruise vessels owned by Carnival Corporation and operating under






 
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