Subscribe to our Mailing Lists (It's free!)
Monday, June 27, 2022
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    uae seafarers welfare

    Standard Club: Celebrating the International Day of the Seafarer 2022

    redundant seafarers

    Maritime welfare charities support redundant seafarers

    inmarsat

    Inmarsat: Seafarers in favour of digitalisation, but fear shrinking job opportunities

    heavy vehicle falls

    Heavy vehicle falls onto bulk carrier

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    bureau veritas ammonia

    Bureau Veritas studies ammonia as fuel

    future fuels

    New report explores safety implications of methanol, LNG, hydrogen and ammonia

    Getting To Zero Coalition

    The Getting to Zero Coalition discusses action plan for maritime decarbonization

    uk ports

    UK ports call for supercharging energy infrastructure

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    Application and usability of ECDIS: Key challenges

    Lessons we should learn from the implementation of ECDIS

    inmarsat

    Inmarsat: Seafarers in favour of digitalisation, but fear shrinking job opportunities

    Autonomous Ship Project

    Watch: Documentary released on autonomous ship project

    SeaShuttle

    Project for hydrogen-fueled, remotely controlled containerships receives funding

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    yang ming hmm

    US shipper accuses Yang Ming and HMM of collusion

    paris mou

    Paris MoU refuses access to ship after skipping Ukrainian repair call because of waiting time

    black sea mou

    Black Sea MoU PSC Annual Report 2021

    prestige sinking

    “Prestige” insurer must pay Spanish claim over oil spill, EU Court decides

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    icct aleutian islands

    Do you know what CII stands for?

    Poseidon Principles for Marine Insurance

    Do you know what EU Taxonomy is?

    worlds largest containership

    Watch: China’s first 24,000 TEU containership delivered

    baltic exchange

    Baltic Exchange: Maritime market highlights 12-24 June

  • Columns
    uae seafarers welfare

    Standard Club: Celebrating the International Day of the Seafarer 2022

    Application and usability of ECDIS: Key challenges

    Lessons we should learn from the implementation of ECDIS

    adaptability in maritime

    Cyprus: A cultural shift is needed for seafarers to become the visible and respected workforce

    Trending Tags

    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    uae seafarers welfare

    Standard Club: Celebrating the International Day of the Seafarer 2022

    redundant seafarers

    Maritime welfare charities support redundant seafarers

    inmarsat

    Inmarsat: Seafarers in favour of digitalisation, but fear shrinking job opportunities

    heavy vehicle falls

    Heavy vehicle falls onto bulk carrier

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    bureau veritas ammonia

    Bureau Veritas studies ammonia as fuel

    future fuels

    New report explores safety implications of methanol, LNG, hydrogen and ammonia

    Getting To Zero Coalition

    The Getting to Zero Coalition discusses action plan for maritime decarbonization

    uk ports

    UK ports call for supercharging energy infrastructure

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    Application and usability of ECDIS: Key challenges

    Lessons we should learn from the implementation of ECDIS

    inmarsat

    Inmarsat: Seafarers in favour of digitalisation, but fear shrinking job opportunities

    Autonomous Ship Project

    Watch: Documentary released on autonomous ship project

    SeaShuttle

    Project for hydrogen-fueled, remotely controlled containerships receives funding

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    yang ming hmm

    US shipper accuses Yang Ming and HMM of collusion

    paris mou

    Paris MoU refuses access to ship after skipping Ukrainian repair call because of waiting time

    black sea mou

    Black Sea MoU PSC Annual Report 2021

    prestige sinking

    “Prestige” insurer must pay Spanish claim over oil spill, EU Court decides

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
    icct aleutian islands

    Do you know what CII stands for?

    Poseidon Principles for Marine Insurance

    Do you know what EU Taxonomy is?

    worlds largest containership

    Watch: China’s first 24,000 TEU containership delivered

    baltic exchange

    Baltic Exchange: Maritime market highlights 12-24 June

  • Columns
    uae seafarers welfare

    Standard Club: Celebrating the International Day of the Seafarer 2022

    Application and usability of ECDIS: Key challenges

    Lessons we should learn from the implementation of ECDIS

    adaptability in maritime

    Cyprus: A cultural shift is needed for seafarers to become the visible and respected workforce

    Trending Tags

    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Resilience
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

Carnival raises $1.26 billion in debt, to face COVID-19 impact

by The Editorial Team
July 16, 2020
in Shipping
Carnival Corporation

Credit: Carnival

FacebookTwitterEmailLinkedin

Following COVID-19 pandemic and the major impacts that has brought within the cruise industry, Carnival Corp is planning to raise $1.26 billion in a bond offering, in an effort to keep its business.

According to Reuters, the bond offering is split into a $775 million tranche paying an annual coupon of 10.5%, and 425 million euro-tranche ($484.93 million) paying 10.125%.

What is more, the senior secured notes are due 2026, with the offering expected to close on July 20.

In light of the above, Carnival informed that the notes will be secured by a second-priority lien, a lower priority of repayment in case of bankruptcy or liquidation of assets.

RelatedNews

Baltic Exchange: Maritime market highlights 12-24 June

Emanuele Grimaldi the new ICS Chairman

For the records, the cruise company is one of the most hitted by the outbreak, while several cruise operators have been forced to raise billions through various means, even by pledging ships and private islands.

Overall, Carnival Corporation recently provided a business update and additional financial information for the second quarter ended May 31, 2020. The company intends to accelerate the removal of ships in fiscal 2020.

Tags: CarnivalCOVID-19cruise industry

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

icct aleutian islands

Do you know what CII stands for?

June 27, 2022
Poseidon Principles for Marine Insurance

Do you know what EU Taxonomy is?

June 27, 2022
MARITIME EVENTS

Newsletter

GET THE SAFETY4SEA IN YOUR INBOX!

Explore

  • Safety
  • Green
  • Smart
  • Risk
  • Others
  • Events
  • Plus

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Contact

© 2021 SAFETY4SEA

No Result
View All Result
  • Safety
    • Alerts
    • Accidents
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Reports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Opinions
    • Career Paths
    • Industry Voices
    • Maripedia
    • Maritime History
    • Seafarers Stories
    • SeaSense
  • Events
  • Plus

© 2021 SAFETY4SEA

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Disclaimer.