Carnival Corp Stock Price, News & Analysis

Princess Cruises is expanding its Alaska National Parks cruisetours for 2025 and 2026, offering new itineraries that visit three to five national parks. The expanded program combines the seven-day 'Voyage of the Glaciers' cruise with scenic rail travel and stays at four Princess-owned wilderness lodges.

The new offerings include the National Parks Expedition (15 days, 5 parks), National Parks Explorer (14 days, 4 parks), Katmai National Park tour (9 days, 2 parks), and National Parks Adventurer (14 days, 3 parks). During the Alaska season from April through September, Princess will operate seven ships in 2025 and eight ships in 2026, departing from Los Angeles, San Francisco, Seattle, Vancouver, and Anchorage.

The cruises feature the North to Alaska program, which includes local lumberjacks, Iditarod champions, storytellers, fresh Alaska seafood menus, and commentary by Glacier Bay Park Rangers and Naturalists.

Carnival has successfully closed a $2.0 billion senior unsecured notes offering with a 6.125% interest rate, maturing in 2033. The proceeds, combined with cash on hand, were used to redeem $2.03 billion of 10.375% senior priority notes due 2028. This refinancing strategy is expected to reduce net annual interest expense by over $80 million, representing a reduction in interest expense of over 4%.

The new notes will pay interest semi-annually starting August 15, 2025, and are fully guaranteed by Carnival plc and certain subsidiaries. The offering features investment grade-style covenants and was exclusively available to qualified institutional buyers under Rule 144A and non-U.S. investors under Regulation S of the Securities Act.

P&O Cruises has announced its strongest-ever January performance with record-breaking sales across all categories. The cruise line reported unprecedented bookings from new customers, with Norwegian fjords and Caribbean emerging as the most popular destinations. A notable trend showed increased bookings for premium accommodations, with record numbers of suites and balcony cabins reserved.

The company is offering -time promotions until March 3, 2025, including up to £500 onboard spending money per cabin, 10% deposits, 20% off classic drinks packages, and free sailing for extra guests on selected voyages. These offers apply to various departures through March 27, 2027, with specific terms and conditions for each promotion.

Holland America Line and The HISTORY Channel have announced a multi-year partnership to enhance cruise experiences with historically-focused itineraries and shore excursions. The collaboration aims to transform how guests experience destination history through custom itineraries and curated shore excursions.

The partnership includes several themed cruises such as the 14-Day Arctic Journey & Northern Lights, 7-Day Mediterranean Marvels of Pompeii, and 7-Day Norwegian Fjords. Additional themed departures focusing on ancient empires, Viking heritage, and Arctic exploration will be announced later.

The partnership will offer dozens of historically-focused shore excursions, including Gold Panning & Underground Mine Exploration, Giza Pyramids tours, and Stavanger Old & New experiences. These excursions are designed to provide deeper insights into each location's historical significance.

Holland America Line has announced five new Legendary Voyages for 2026-2027, offering extended cruises ranging from 27 to 45 days, sailing roundtrip from U.S. ports. The new itineraries include:

- A 28-Day Arctic Circle Solstice cruise aboard Noordam from Seattle
- A 45-Day Ultimate Mediterranean voyage on Volendam from New York
- Two 35-Day Hawaii, Tahiti and Marquesas voyages from San Diego
- A 27/28-Day Alaska to Hawaii cruise

The voyages feature extensive port calls, overnight stays, and unique experiences like crossing the Arctic Circle and exploring the Great Bear Rainforest. The Mediterranean cruise visits 21 ports in 12 countries, while the South Pacific voyages offer rare visits to Bora Bora and extended stays in French Polynesia. Bookings include the 'Have It All' premium package with additional perks like free crew appreciation and upgraded beverage and Wi-Fi packages.

Seabourn has announced its 2025 Alaska season, featuring Seabourn Quest's maiden voyage to the region. From May to September 2025, the ultra-luxury ship will operate 18 seven-day itineraries between Vancouver and Juneau, offering exclusive Ventures by Seabourn experiences.

The program includes expedition-style adventures like hiking, kayaking, and Zodiac cruises led by world-class experts. Key experiences include Hubbard Glacier kayaking, Rainbow Falls Trail hiking, and glacier exploration via Zodiac. The 458-guest vessel will access smaller ports and scenic routes, providing intimate destination connections.

The company is offering a new Seattle Connector Package and running a 'Sail of the Year Event' with up to 15% savings and $1,000 shipboard credit per suite on select voyages through February 18, 2025. The season will also mark cruise director Jan Stearman's final season before retirement.

Carnival has announced the pricing of $2.0 billion in senior unsecured notes with a 6.125% interest rate, due 2033. The proceeds, along with cash on hand, will be used to redeem $2.03 billion of 10.375% senior priority notes due 2028.

This refinancing strategy aims to reduce net annual interest expense by over $80 million while simplifying the company's capital structure and managing future debt maturities. The new notes will pay interest semi-annually starting August 15, 2025, and will be fully guaranteed by Carnival plc and certain subsidiaries.

The notes offering is expected to close on February 7, 2025, and will be offered exclusively to qualified institutional buyers and non-U.S. investors under specific Securities Act regulations.

Cunard has launched an initiative to address the potential loss of historical memories in the digital age, as revealed by a new international study. The research shows that 265 billion images are taken annually across the UK and US, with 97% captured on smartphones and only 3% stored in printed albums. A concerning 72% believe future generations' memories could be lost without printed photos.

In response, Cunard is creating the 'Sea of Glamour' exhibition, curated by photographer Mary McCartney, to celebrate its 185th anniversary. The exhibition will debut at Liverpool's Liver Building in May, featuring historical photos of celebrities, royalty, and public contributions from Cunard voyages. The exhibition will later travel globally on Cunard's fleet.

The public can submit their Cunard voyage memories until March 9, 2025, contributing to this preservation effort that aims to bridge the generational gap in collective history.

Carnival has announced a strategic financial move involving a $2.0 billion private offering of new senior unsecured notes, set to mature in 2033. This initiative aims to refinance the existing $2.03 billion 10.375% senior priority notes due 2028 from Carnival Holdings (Bermuda)

The company plans to redeem the entire outstanding principal amount of the Senior Priority Notes on or about February 7, 2025, at 100.0% of the principal amount plus the applicable make-whole premium and accrued interest. The redemption will be funded through the new Notes Offering proceeds and cash on hand.

This refinancing strategy is designed to reduce interest expenses, simplify the capital structure, and better manage future debt maturities. The new notes will feature investment grade-style covenants and will be offered exclusively to qualified institutional buyers and non-U.S. investors under specific Securities Act regulations.