Carnival

Carnival to accelerate removal of ships

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.

Carnival uses its ships to repatriate crew

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.  

Saudi Arabia buys 8.2% stake in Carnival Corp.

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. 

Carnival offers its cruise ships as temporary hospitals

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.

Carnival’s largest ship floated-out

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.