Carnival Corp Stock Price, News & Analysis

Carnival Corporation (NYSE/LSE: CCL) has announced the pricing of $1.0 billion 5.875% senior unsecured notes due 2031. The proceeds will be used to redeem $993 million 7.625% senior unsecured notes due 2026. This refinancing strategy aims to reduce net annual interest expense by over $20 million through the scheduled maturity date of the 2026 notes.

The new notes will pay interest semi-annually on June 15 and December 15, starting December 15, 2025. The offering is expected to close on May 21, 2025, with the redemption of the 2026 notes scheduled for May 22, 2025. The notes will be fully guaranteed by Carnival plc and certain subsidiaries.

Carnival Corporation (NYSE/LSE: CCL; NYSE: CUK) has announced a strategic debt refinancing initiative. The company is launching a private offering of $1.0 billion in new senior unsecured notes due 2031 to refinance its existing $993 million 7.625% senior unsecured notes due 2026.

The company plans to redeem the entire outstanding principal amount of the 2026 notes on or about May 22, 2025, at 100.0% of the principal amount plus accrued interest. The new notes will feature investment grade-style covenants and will be offered exclusively to qualified institutional buyers and non-U.S. investors. This refinancing move is aimed at reducing interest expenses and managing future debt maturities.

Princess Cruises has announced its ambitious 2027 World Cruise Grand Circle Pacific Voyage, a 129-day journey aboard the Coral Princess departing from Ft. Lauderdale on January 6, 2027. The cruise will visit 61 destinations across 20 countries and three continents.

The voyage offers three departure options: a 129-day journey from Ft. Lauderdale to Los Angeles, a 114-day roundtrip from Los Angeles, and a 110-day cruise from Los Angeles to Vancouver. Highlights include access to 23 UNESCO World Heritage Sites, including the Great Barrier Reef and Sydney Opera House.

The 2,000-guest Coral Princess features gourmet dining, entertainment, and modern amenities. Early booking perks (until October 3, 2025) include complimentary Wi-Fi, air credits for balcony accommodations, airport transfers, and up to $1,500 per person onboard credit. The 35,400-nautical mile journey includes nine late-night stays and an overnight in Hong Kong, crossing the Equator and International Date Line twice.

Seabourn has unveiled its "2027 World Cruise: Australia & South Pacific Panorama," a 145-day roundtrip voyage from Miami on Seabourn Quest. The ultra-luxury cruise will cover nearly 34,000 nautical miles, visiting 67 destinations across 19 countries.

Key highlights include:

• Five overnight stays in Lima, Hobart, Papeete, Sydney, and Darwin
• Two maiden port calls to Wallaroo, Australia and Whangarei, New Zealand
• Scenic cruising through the Kimberley Coast and Fiordland National Park
• Four optional Seabourn Journeys to Machu Picchu, Galápagos Islands, Easter Island, and Uluru

Passengers booking the full cruise receive premium benefits including up to $10,000 shipboard credit per suite, business/first-class air travel, unlimited laundry service, and Starlink Wi-Fi. A shorter 126-day option ending in Long Beach is available. Early bookers can save up to 10% if booked by May 14, 2025.

Holland America Line has unveiled its 2027 Grand Voyages, featuring two extraordinary cruise experiences. The 129-day Grand World Voyage aboard Volendam will circumnavigate the globe roundtrip from Fort Lauderdale, visiting 53 ports in 28 countries across six continents, with seven overnight stays. The journey includes exclusive ports like Georgetown and Jamestown.

The 70-day Grand South America & Antarctica Voyage aboard Zaandam will explore 31 ports in 13 countries, featuring a four-day Antarctica Experience and visits to unique destinations like Robinson Crusoe Island. The cruise includes five overnight stays in key cities.

Early booking benefits include up to $2,000 USD onboard credit per guest, 3% pay-in-full discount, free Wi-Fi Surf package, and $500 USD air credit per person. Both voyages depart in January 2027 and feature exclusive ports, UNESCO sites, and enhanced onboard experiences with daily-changing menus and special entertainment.

Seabourn, the ultra-luxury cruise line, has announced its 2026-2027 fall, winter, and spring season featuring 31 departures to 73 destinations across 30 countries. The program includes new itineraries on three ships: Seabourn Ovation, Seabourn Encore, and Seabourn Quest.

Key highlights include:

• Two new Japan voyages during plum blossom season, including a 12-day Hong Kong to Tokyo journey and a 14-day roundtrip from Tokyo
• Southeast Asian cruises featuring 14-day sailings between Singapore and Hong Kong
• Caribbean explorations with 7-14 day itineraries departing from Sint Maarten, Barbados, San Juan, and Miami
• Special holiday voyages including a 22-day Southeast Asia cruise and Caribbean celebrations

The program offers access to 30 UNESCO World Heritage sites and includes signature experiences such as Caviar in the Surf®, Shopping with the Chef, and Marina Day. Early booking advantages of up to 10% savings are available through May 14, 2025.

Cunard has launched their 'Adventure Awaits Sale' offering up to 50% off launch fares on over 100 voyages in 2025 and 2026. The sale runs from April 17-30, 2025, applying to the first two guests per booking.

The promotion includes cruises on multiple ships and routes:

• Queen Elizabeth: 7-11 night Alaska cruises from Seattle, featuring scenic cruising through Glacier Bay National Park and stops at major ports
• Queen Mary 2: Iconic Transatlantic Crossings between New York and Southampton
• Queen Elizabeth Caribbean Season: Sailings from Miami to destinations like St. Thomas, Bridgetown, Philipsburg, and Barbados

Princess Cruises launches its 2025 Alaska season with seven ships, five wilderness lodges, and expanded cruisetours across five national parks. The season features departures from Los Angeles, San Francisco, Seattle, Vancouver, and Anchorage, marking the company's 56th year in Alaska.

New offerings include two ultimate glacier-focused cruises: a 17-day Seattle roundtrip on Grand Princess visiting 10 ports and 3 glaciers, and a 22-day San Francisco roundtrip on Ruby Princess coinciding with Summer Solstice. The 'North to Alaska' program returns with enhanced experiences including Park Ranger presentations, wildlife encounters, and local storytellers.

Notable additions for 2025 include a renovated grand lobby at Mt. McKinley Princess Wilderness Lodge, a new Northern Lights Lounge experience, and expanded dining options featuring local Alaskan seafood. The cruise line offers various itineraries ranging from 7 to 14 days, with options to add land explorations through cruisetours visiting Denali National Park and other landmarks.

Seabourn Pursuit, one of Seabourn's ultra-luxury expedition ships, welcomed French Polynesia's President Moetai Brotherson during its call to Papeete, Tahiti on April 7, 2025. The visit included a reception, ship tour, and dinner with senior officers, marking a significant step in strengthening Seabourn's presence in the region.

The president expressed keen interest in Seabourn's expedition program and submarine operations, aligning with his administration's focus on expanding small-ship tourism across French Polynesia. The Seabourn Pursuit, built to PC6 Polar Class standards, features nearly 30,000 square feet of deck space, a 23-person expedition team, and advanced technology including a 4K GSS Cineflex Camera.

Currently sailing in the South Pacific, the vessel will return to the Kimberley region in May for its second expedition season in Western Australia.