Carnival Corp Stock Price, News & Analysis

Carnival Corporation & plc announced a phased resumption of guest operations, starting with Costa and AIDA brands after a suspension due to COVID-19. The company has accelerated the sale of less efficient ships, aiming to optimize its fleet while managing costs. Enhanced health protocols are in place to ensure guest safety. Despite the CDC's No Sail Order extension, Carnival remains hopeful for a U.S. cruise restart. Recent bookings for 2021 show strong potential, with new bookings rising. As of September 2020, Carnival had over $8 billion in cash, but anticipates net losses for the upcoming quarter.

Carnival Cruise Line has announced that reservations are now open for its new ship, Carnival Celebration, set to debut in November 2022 as part of the company's 50th birthday celebrations. The ship will commence its inaugural 14-day transatlantic cruise from Southampton on Nov. 6, 2022, arriving in Miami on Nov. 20. Following this, year-round Caribbean sailings will start from PortMiami on Nov. 27, 2022, with itineraries featuring popular destinations. The ship boasts unique features similar to Mardi Gras, including the first roller coaster at sea.

Seabourn has announced the cancellation of voyages for three cruise ships, Seabourn Odyssey, Seabourn Ovation, and Seabourn Encore, extending operations pauses into Spring 2021. This measure is a proactive response to ongoing COVID-19 challenges. Guests affected will automatically receive Bonus Future Cruise Credits valued at 125% of their paid fares, with the option for full refunds. The credits are valid for bookings through December 31, 2022. Seabourn emphasizes the health and safety of guests and crew as a priority.

Costa Cruises, part of Carnival Corporation (CCL, CUK), announces that the Costa Smeralda will resume operations on October 10 with enhanced health protocols. The ship will offer a series of five cruises from October 10 to November 7, showcasing Italy's cultural heritage. The new routes include stops in Savona, La Spezia, Cagliari, Naples, Messina, and Civitavecchia, with strict COVID-19 safety measures in place. Costa Smeralda utilizes liquefied natural gas (LNG) to minimize emissions, exemplifying sustainable practices.

Carnival Corporation & plc (NYSE: CCL; NYSE: CUK) has announced a conference call scheduled for October 8, 2020, at 10 a.m. EDT to discuss a business update. Investors and analysts can access the call via the company websites carnivalcorp.com and carnivalplc.com. This call is an opportunity for stakeholders to gain insights into the company's current status amid ongoing market challenges.

On October 1, 2020, Holland America Line celebrated the coin ceremony for the Rotterdam at Fincantieri's Marghera shipyard in Italy, marking a key milestone in its construction. Executive Director Mai Elmar participated as the ship's madrina, emphasizing the ship's connection to Rotterdam. The Rotterdam is set to be floated out on October 7, 2020, with a delivery date scheduled for July 30, 2021. This third Pinnacle Class ship will feature innovative amenities and a capacity for 2,668 guests, enhancing the brand's reputation in premium cruising.

Princess Cruises officially welcomed the Enchanted Princess into its fleet during a live-streamed ceremony on September 30, 2020. This 145,000-ton vessel, accommodating 3,660 guests, is the 100th ship built by Fincantieri, marking a historic milestone for both the shipbuilder and Princess Cruises. The Enchanted Princess is designed to elevate guest experiences with new amenities, including Sky Suites and cutting-edge technology like the OceanMedallion for personalized services. The ship will arrive in North America in December 2020 for Caribbean cruises.

Cunard has launched its 2021 itineraries for the Queen Elizabeth, featuring cruises from Southampton and Barcelona. The voyages range from three to 14 nights, covering destinations in Europe, Asia, and Australia. Highlights include overnight stays in ports like Amsterdam and Copenhagen, with prices starting at $499 for a balcony stateroom. Cunard is prioritizing guest safety with new health protocols. This program commences on April 27, 2021, and concludes on December 19, 2021, in Melbourne.

Seabourn will offer immersive voyages in Alaska and British Columbia aboard the luxurious Seabourn Odyssey during its 2021 season. These include unique 7-, 10-, and 11-day itineraries that are distinct in the market, providing access to exclusive ports and stunning natural landscapes. The ship accommodates 458 guests, offering spacious oceanfront suites. Travelers can enjoy optional Ventures by Seabourn tours for guided excursions and experiences highlighting local wildlife and culture. Reservations can be made through travel advisors or Seabourn directly.