Carnival Corp Stock Price, News & Analysis

Seabourn has announced the sale of its ultra-luxury cruise ship, Seabourn Odyssey, to Mitsui O.S.K. Lines, Ltd. (MOL). The vessel will continue to operate scheduled voyages until August 22, 2024, before being delivered to MOL after a charter agreement. President Natalya Leahy highlighted the fleet's optimization and mentioned the introduction of Seabourn Pursuit, boosting the fleet's modernity with an average age of just seven years. This strategic move allows Seabourn to expand its offerings in ultra-luxury expedition travel, promising new itineraries across all continents with enhanced guest capacity.

Carnival Corporation & plc has scheduled a conference call for March 27, 2023 at 10 a.m. EDT to update analysts on its business performance. The call will be available via the company's websites. Carnival is the largest global cruise company, operating several cruise lines including AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises, Princess Cruises, and Seabourn.

Additional information can be found on their official websites.

Princess Cruises marked a significant milestone with the float out of the Sun Princess at Fincantieri Shipyard, Italy, on March 8, 2023. The ship's Madrina, Simona Stumberger, was honored for her exemplary service. The Sun Princess will accommodate 4,300 guests and feature innovative spaces such as The Dome and Horizons Dining Room. Designed for sustainability, it will be powered by Liquified Natural Gas and equipped with advanced waste management systems. The ship is set to launch inaugural cruises in 2024, expanding Princess's offerings in the Mediterranean and Europe.

Holland America Line is celebrating its 150th Anniversary by launching new extended Legendary Voyages ranging from 25 to 59 days. These itineraries offer rich experiences across numerous global destinations including Alaska, Japan, and the South Pacific. The lineup features three new trips: the 28-day Arctic Circle Solstice, a 53-day Majestic Japan, and a 28-day Coral Triangle voyage. Guests can enjoy the early booking "Have It All" package, which includes shore excursion credits and upgraded amenities. With many departures from North America, these cruises enhance accessibility for travelers.

Cunard has unveiled its Winter 2025 program, featuring over 133 voyages to 159 destinations worldwide. Notably, the Queen Anne will embark on her inaugural World Voyage on January 9, 2025, covering five continents and more than 30 ports in a 107-night journey from Southampton. Additionally, the Queen Elizabeth will sail ten summer voyages in Alaska in 2024, starting July 11, 2024. Cunard emphasizes a luxury experience with premium itineraries, including new destinations and maiden calls in Alaska, Australia, Japan, and more. Early booking opens for World Club members on March 15, 2023.

Cunard has launched the 'Sea Views' exhibition, curated by renowned photographer Mary McCartney, celebrating 100 years of photography in its history. The exhibition, available online since March 2, 2023, showcases archival images and contributions from passengers, capturing moments from the 1920s to the present.

This initiative marks two significant milestones: the introduction of onboard photography over a century ago and the centennial of the first round-the-world voyage by Laconia. Guests like Elizabeth Taylor and Nelson Mandela are highlighted among the iconic figures featured.

Seabourn announces the appointment of Natalya Leahy as its new president, succeeding Josh Leibowitz, who is departing for new opportunities. Leahy brings extensive experience from her previous role as chief operating officer at Holland America Group, where she oversaw Seabourn among other brands. Her leadership is seen as pivotal as the company prepares to launch its second purpose-built expedition ship, Seabourn Pursuit, later this year. Leibowitz successfully managed the fleet's return to service and the expansion into ultra-luxury expedition voyages. Seabourn is owned by Carnival Corporation (NYSE: CCL, CUK).

Carnival Corporation has secured a new $2.1 billion multi-currency revolving credit facility, set to replace its existing facility expiring in August 2024. The facility has a one-year initial term and includes mutual extension options, as well as an accordion feature allowing for commitments up to $2.9 billion. This move reflects the company's robust bank relationships and aims to support its return to profitability and deleveraging efforts. The new facility is unsecured and will be backed by three unencumbered vessels. Key coordinators of this financing include Bank of America, BNP Paribas, and JP Morgan.

Holland America Line is hosting the Alaska Cruise and Travel Show on March 18, 2023, at Bell Harbor International Conference Center in Seattle. The free event invites locals to explore Alaska cruise options and engage with various activities, including gold panning, axe throwing, and cooking demonstrations. Attendees can register for a chance to win one of seven Alaska cruises for two and receive promotional offers when booking at the show. This marks the third time Holland America is offering this expo, which highlights their expertise in Alaska cruising, celebrating over 75 years in the market.