The resurgence of COVID-19 in Europe and the subsequent measures applied have forced major cruise lines to readjust their operations. The Italian cruise company Costa Cruises, part of Carnival Corporation, announced updates to its upcoming cruises for winter 2020-2021.
Carnival Cruises’ ship rescued 24 people off a sinking boat, 37 miles off the coast of Palm Beach, Florida, on Saturday 17 October.
In 2019, Carnival Corporation made further progress on its 2020 carbon reduction goal and committed to a new goal of 40% reduction in the intensity of CO2 emissions by 2030, in line with IMO requirements and the Paris Agreement, the company said in its newly launched sustainability report.
Carnival Corporation agreed with maritime reclamation and recycling companies Ege Celik and Simsekler to responsibly dismantle and recycle two retired ships scheduled to leave its fleet.
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.
Carnival Corporation 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.
Eighteen Carnival Cruise Line ships will rendezvous in the Bahamas as the final plans are put in place to sail nine of the ships to repatriate more than 10,000 healthy crew members who remain on board because of restrictions due to COVID-19, limiting air travel.
The Kingdom of Saudi Arabia said it acquired an 8.2% stake in Carnival Corporation, the world’s biggest cruise operator. Carnival closed its registered public offering of 71,875,000 shares of common stock at a price of $8.00 per share on Monday.
Global cruise giant Carnival Corporation expects net loss results of operations for the fiscal year ending 30 November 2020, as a result of the disruptions brought by COVID-19 pandemic.
Carnival Corporation announced that select cruise ships from the company’s 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.
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