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.
Meyer Turku shipyard announced the float-out of the coming flag-ship of Carnival Cruise line ‘Mardi Gras’. The new ship will be the largest one in the Carnival fleet, featuring 180,000 GT. It will be delivered later in 2020.
Carnival informed the USCG on January 2 that the cruise ship Carnival Elation accidentally released 6,000 gallons of gray water into the harbor at Port Canaveral, Florida. The incident took place during routine deballasting at the pier.
Carnival Cruise Lines officially announced that the scheduled delivery of the cruise ship “Mardi Gras” will eventually be delayed. Specifically, the LNG-powered cruise vessel’s launch has been extended from August to late October 2020.
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