Wednesday, October 20, 2021
mardis gras lng bunkering
Finance

Carnival Sells $1.5 Billion Junk Bond

By Jack Pitcher and Gowri Gurumurthy (Bloomberg) Carnival Corp. sold a junk bond Tuesday that was increased $2 billion, just over a week after the cash-burning cruise operator boosted the...

3 mins ago
Total Views: 0

Monday, October 4, 2021
carnival glory
Cruise Ships

Carnival Plans Loan Sale to Refinance Costly Pandemic Bonds

By Davide Scigliuzzo (Bloomberg) — Carnival Corp. is taking another stab at replacing expensive bonds sold at the onset of the pandemic with a new $1.5 billion loan. The cruise ship...

October 4, 2021
Total Views: 2153

Friday, September 24, 2021
CArnival Ship Long Beach
Cruise Ships

Posting Latest Quarterly Loss, Carnival Says Bookings for 2022 Second Half Above Pre-Pandemic Levels

ept 24 (Reuters) – Carnival Corp said on Friday cruise bookings for the second half of 2022 were ahead of pre-pandemic levels, in a sign the cruise operator expects a...

September 24, 2021
Total Views: 681

Wednesday, July 21, 2021
Cruise Ships

Carnival Selling $2.4 Billion Bond to Buy Back Costly Debt

By Paula Seligson (Bloomberg) — Carnival Corp. is selling $2.4 billion of new junk bonds to refinance debt the cruise ship company took on last year, when it was forced to...

July 21, 2021
Total Views: 976

Friday, June 25, 2021
Cruise Ships

Carnival Sees Full Fleet Sailing by Spring 2022

By Jonathan Levin (Bloomberg) — Carnival Corp. Chief Executive Officer Arnold Donald estimates that the company will have its entire fleet of 91 cruise ships operating by next spring, a bit...

June 25, 2021
Total Views: 971

Thursday, June 24, 2021
Cruise Ships

Carnival Adds Over $2 Billion to Pandemic Losses with Eye on ‘Full Return’

Carnival Corporation, the world’s top cruise company, reported another $2.1 billion in losses in the second quarter as it prepares for a phased restart of global cruise operations. Carnival said...

June 24, 2021
Total Views: 1203

Wednesday, June 23, 2021
mardis gras lng bunkering
Cruise Ships

Return to Cruising: Carnival Announces Sailings for 42 Ships

Carnival Corporation has announced plans to resume cruise operations for eight of its brands in the United States, the Caribbean and Europe. The sailings involve the return of 42 ships...

June 23, 2021
Total Views: 16014

Tuesday, June 22, 2021
carnival magic in cozumel
Cruise Ships

World’s Largest Cruise Company Announces New Sustainability Goals

The world’s largest cruise company is aiming to become carbon neutral by 2050. Carnival Corporation on Tuesday announced new medium- and long-term sustainability goals which includes reducing the carbon footprint...

June 22, 2021
Total Views: 3251

Thursday, April 29, 2021
Royal Caribbean's Quantum of the Seas
Cruise Ships

Cruise Shares Rise as CDC Outlines Quicker Path to Sailing’s Return

By Jonathan Levin (Bloomberg) — Cruise shares advanced after the U.S. Centers for Disease Control and Prevention outlined a new path to the resumption of voyages. According to the new guidance...

April 29, 2021
Total Views: 1213

Thursday, April 8, 2021
carnival magic in cozumel
Cruise Ships

Fed Up Cruise Lines Ditching U.S. Threatens to Divert Some $56 Billion in Economic Impact

By Fran Golden (Bloomberg) — The U.S. Centers for Disease Control and Prevention offered a rare glimmer of hope for the cruise industry this week, with the agency saying in a statement to Bloomberg that...

April 8, 2021
Total Views: 14379

Wednesday, April 7, 2021
Cruise Ships

Carnival Corporation Reports Cruise Bookings are Surging

By Jonathan Levin and Molly Smith (Bloomberg) — Carnival Corp.’s bookings are accelerating, reflecting pent-up demand for cruising even as the industry remains essentially on hold. In a quarterly update Wednesday,...

April 7, 2021
Total Views: 1557

Tuesday, March 16, 2021
Arnold-Donald-Carnival-CEO
Cruise Ships

Arnold Donald Predicts Difficult Years Ahead For Cruise Lines

by Kanishka Singh (Reuters) – Carnival Corp ($CCL) Chief Executive Arnold Donald has said that shrinking its fleet due to the pandemic will slow its full recovery until 2023, as cruise lines battle...

March 16, 2021
Total Views: 7367

Monday, February 15, 2021
Cruise Ships

Opinion: The Love Boat, American Style!

By Salvatore R. Mercogliano, Ph.D. – The recent announcement by the Canadian government to suspend all cruise ship visits until February 2022 due to COVID-19 will have a detrimental impact...

February 15, 2021
Total Views: 5433

Monday, January 11, 2021
carnival cruise ship
Cruise Ships

Carnival Corp. Reports Nearly $2 Billion Quarterly Loss as Cruise Cancellations Weigh

Jan 11 (Reuters) – Carnival Corp reported a bigger-than-expected preliminary fourth-quarter net loss on Monday as the cruise operator’s business was brought to a virtual standstill by the COVID-19 pandemic....

January 11, 2021
Total Views: 1636

Monday, December 14, 2020
cruise ships in miami
Cruise Ships

Incoming Biden Administration Faces Early Test with Cruise Shipping’s Return

By Lars Erik Taraldsen and Michael Smith (Bloomberg) — The Norwegian cruise line Hurtigruten Group was ready to show the world that ships could be made safe from Covid-19. It outfitted...

December 14, 2020
Total Views: 14348

Wednesday, November 18, 2020
Cruise Ships

Carnival Cancels More 2021 Cruises

As it continues to build and implement its plan to meet the requirements of the Framework for Resuming Cruise Ship Operations Order issued on Oct. 30 by the Centers for...

November 18, 2020
Total Views: 3639

Tuesday, November 10, 2020
Cruise Ships

Carnival May Sell $1.5 Billion in Stock After Vaccine Rally

By Jonathan Levin (Bloomberg) –Carnival Corp. filed to sell as much as $1.5 billion in stock, joining at least one other travel-related company in taking advantage of Monday’s rally on...

November 10, 2020
Total Views: 184

Friday, October 30, 2020
Cruise Ships

Royal Caribbean Reports Negative Revenue As COVID19 Brings Gigantic Losses

By John J. Edwards III and Jonathan Levin (Bloomberg) Royal Caribbean Cruises Ltd. reported negative revenue for the third quarter, a rare occurrence among major companies that illustrates the devastating...

October 30, 2020
Total Views: 125

Thursday, October 1, 2020
Cruise Ship Window In Rain
Cruise Ships

CDC Director Warns That Cruise Ship Travel Exacerbates The Spread Of COVID19

by John Konrad (gCaptain) Today Dr. Robert Redfield, director of the US Centers for Disease Control (CDC), announced in a new report that cruise ship travel exacerbates the global spread of COVID19...

October 1, 2020
Total Views: 54

Thursday, September 24, 2020
Cruise Ships

For Carnival, ‘Death on the High Seas Act’ Protects the Bottom Line

By Christopher Yasiejko (Bloomberg) –Carnival Corp. is poised to dramatically curb monetary damages for passengers killed by the coronavirus under the latest court decision to side with the company. If...

September 24, 2020
Total Views: 106