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Showing posts with the label Carnival Corporation

Rumors Circulating Carnival Corporation Seeking buyers for Cunard Line and Seabourn Cruises.

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Rumors Circulating Carnival May Sell Off Brands.   Rumors are circulating that Carnival Corporation is looking for a buyer for Cunard Line and Seabourn Cruises. Although Carnival denies the rumor, it is expected that both cruise lines will find it hard to rebound from the Coronavirus pause in operations.  Both cruise lines attract older and wealthier clientele who will be more likely to stay away from cruising until they feel it is safe to return. The pressure will be on these cruise lines to assure they have  all the safety precautions in place to assure passengers remain virus free. Other Carnival brands that attract older passengers include Holland America and Princess Cruises. As part of Carnival's plan to shed older ships and raise cash - the Holland America fleet was extensively reduced. Only time will tell if the rumors are true. It should be noted that Cunard ships had no reported cases of Coronavirus when they were operating. Stay tuned to NYCruiseInfo.com for up...

Carnival Corporation Brands to Dispose of 13 Ships and Delay of New Ships.

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Carnival Corporation Announces Upcoming Fleet Reductions and Delay of New Ships. Carnival Cruises announced that the company expects future capacity to be moderated by the phased re-entry of its ships, the removal of capacity from its fleet and delays in new ship deliveries.  As previously announced, the company intends to accelerate the removal of ships in fiscal 2020 which were previously expected to be sold over the upcoming years. The company sold one ship during June 2020 and has agreements for the disposal of five ships and preliminary agreements for an additional three ships, all of which are expected to leave the fleet in the next 90 days.  These agreements are in addition to the sale of four ships, which were announced prior to fiscal 2020. In total, the 13 ships expected to leave the fleet represent a nearly nine percent reduction in current capacity.  The company currently expects only five of the nine ships originally scheduled for delive...

Carnival Corporation To Provide A Business Update on Friday Morning.

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Carnival Corporation To Provide a Business Update Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has scheduled a conference call with analysts for Friday, July 10, 2020 at 10 a.m. (EDT); 3 p.m. (BST) to provide a business update. A simulcast of the call will be available via the company's Web sites at www.carnivalcorp.com and www.carnivalplc.com . View original content: http://www.prnewswire.com/news-releases/carnival-corporation--plc-provides-business-update-and-additional-financial-information-for-the-second-quarter-301088075.html Information expected to be shared include a business update as well as a potentially more details concerning the ships to be sold off and the brands impacted. RETURN TO NYCRUISEINFO.com   ---------------------------------------   Sister Sites => NYCruiseInfo.com Website - Cruise Schedule, Ship Reviews, Ports of Call & More. => Nick's Cruise Corner Blog - News On Cruise Ships Sailing World Wide. => Foll...