Welcome to our dedicated page for Carnival news (Ticker: CUK), a resource for investors and traders seeking the latest updates and insights on Carnival stock.
Carnival plc (CUK) news reflects Carnival Corporation & plc's cruise operations and corporate-status announcements tied to its ADR and foreign-issuer securities. Company updates commonly cover the group's cruise-line portfolio, including Carnival Cruise Line, Princess Cruises, Holland America Line, Cunard, Costa Cruises, AIDA Cruises, P&O Cruises and Seabourn.
Recurring releases highlight ship deployments, destination programs, onboard upgrades, voyage itineraries, fleet investments, maritime training initiatives and brand-level developments across Alaska, Europe, the Caribbean, the Panama Canal and global cruise routes. Corporate updates also cover listing, governance and structural matters associated with Carnival plc securities.
Carnival Corporation (NYSE: CCL; NYSE: CUK) reported a second quarter 2022 net loss of $1.8 billion, yet saw robust operational improvements with cash from operations turning positive. Revenue surged nearly 50% from Q1 2022, propelled by occupancy rising to 69% and customer deposits increasing by $1.4 billion, totaling $5.1 billion. The company anticipates continued recovery with over 90% of its fleet operational. Upcoming leadership changes include Josh Weinstein becoming President and CEO. Despite ongoing industry challenges, booking volumes nearly doubled and are expected to exceed 2019 levels in the latter half of 2022.
Princess Cruises has been officially certified by the Italian Chamber of Commerce for its gelato shops aboard Discovery Princess, Enchanted Princess, and Sky Princess. This makes them the first to provide an authentic Italian gelato experience outside Italy. The designation ensures high-quality standards in the gelato-making process, using Italian-certified ingredients. Fresh gelato is handcrafted daily, with flavors including vanilla, chocolate, and more. The certification emphasizes Princess Cruises' commitment to delivering authentic Italian culture and culinary excellence to its guests.
Carnival Corporation & plc (NYSE: CCL; NYSE: CUK) will hold a conference call on June 24, 2022, at 10 a.m. (EDT) to discuss a business update. The call will be available via streaming on the company's official websites: carnivalcorp.com and carnivalplc.com.
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Holland America Line's Westerdam returned to service on June 12, 2022, marking the completion of its fleet's full operational status after a two-year pandemic pause. This milestone follows the restart of cruising for the brand in July 2021. The ship will offer a seven-day cruise to Alaska and will subsequently reposition for a 36-day journey to Sydney, Australia, making 17 stops at various islands. The fleet now includes all 11 ships operational, enhancing its offerings in global cruising.
Holland America Line announces a partnership with the Alaska Seafood Marketing Institute (ASMI) to promote sustainably sourced local seafood during Alaska cruises. This collaboration, marking the first of its kind between ASMI and a major cruise line, aims to enhance guest experiences aboard its six ships, using over 4,000 pounds of sustainable seafood per cruise. The partnership will launch on July 5, featuring local chefs and seafood events. The Alaska seafood industry significantly contributes over $5.7 billion to Alaska's economy, highlighting the importance of sustainable practices in the region.
Seabourn is celebrating the return of its entire fleet with the Seabourn Sojourn departing from Athens, Greece on June 6, 2022. This marks the first time since March 2020 that all five ultra-luxury ships are operational. Seabourn Sojourn will offer summer Mediterranean cruises, featuring 7-day voyages from Barcelona to Rome and a special 21-Day Mediterranean Tapestry round trip from Barcelona starting July 17. The ship will also embark on a 140-Day World Cruise beginning January 6, 2023.
Holland America Line is celebrating its full fleet of 11 ships back in service as of June 12, 2022, with a special promotion called the Celebration Sale. The offer includes discounts of up to 50% on cruise fares, $50 onboard spending credit, and reduced deposits for bookings made by June 30, 2022. Travelers can explore various destinations, including Alaska, Caribbean, and Europe. The Worry Free Promise extends through 2022, allowing flexible cancellations and providing protection against COVID-19 related travel issues.
Holland America Line's flagship Rotterdam was officially named in an elaborate ceremony held on May 30, 2022, in Rotterdam, Netherlands. Her Royal Highness Princess Margriet served as the godmother, marking a significant occasion for the cruise line rooted in Dutch heritage. The ceremony included a gala luncheon and traditional blessings, celebrating the ship's rich history and premium features. The Rotterdam is set to explore Northern Europe and the Caribbean, continuing Holland America Line's legacy since its inception in 1873.
Carnival Corporation & plc has successfully closed a private offering of $1.0 billion in 10.5% senior unsecured notes, due in 2030. These notes will have a semi-annual interest payment starting on December 1, 2022, and are callable from June 1, 2025. Proceeds from this offering are intended for debt repayments in fiscal 2023 and other corporate purposes, including financing property and maintenance costs. The offering was limited to qualified institutional buyers and non-U.S. investors, ensuring compliance with securities regulations.