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The cruise giant also aims to more than double its return on invested capital (ROIC) from 2023 to 2026. In the most recent quarter, Carnival said it was "firmly on the path" to these goals.
All cruises were cancelled in March 2020 due to the worldwide pandemic and eventually, 55 passengers on ships owned by Carnival Corporation & plc were reported as having died. [46] In September 2020, the corporation (the corporate umbrella of nine cruise ship companies, including Carnival Cruise Line) announced a reduction in its fleet.
Carnival's balance sheet still isn't exactly shipshape, but the company has repaid a whopping $7.3 billion of its long-term debt since fiscal 2023. The near-term outlook is bright.
The Port of Galveston has a new resident. Carnival Cruise Line’s Carnival Jubilee ship will begin sailing from the Texas city on Saturday, marking the debut of the line’s third Excel class ...
[9] In February 2024, Carnival Cruise Line placed an order for another Excellence class ship for delivery in 2027. The Excellence class are the first cruise ships in the world to be dual fueled by liquefied natural gas (LNG) and traditional fuel oil , which is intended to make them more environmentally friendly than traditional, diesel-powered ...
Norwegian Cruise Line debuted the 155,873 GT Norwegian Epic in 2010, the first ship outside of the Oasis class with a double-occupancy capacity of over 4,000, [22] Princess Cruises and P&O Cruises, debuted the first of seven 142,714 GT+ Royal-class ships in 2013, [23] and the corporation's Carnival Cruise Line, Costa Cruises, and AIDA Cruises ...
Carnival shares have more than tripled since the start of 2023. A strong report for the seasonally sleepy fall season is encouraging, and the world's largest cruise line operator continues to set ...
In June 2024, it was announced P&O Cruises Australia would be closed and absorbed into Carnival Cruise Line from March 2025 and onward in order to further boost Carnival's capacity. [ 16 ] [ 17 ] Pacific Adventure and Pacific Encounter will be rebranded as Carnival ships, [ 18 ] while Pacific Explorer will exit the company's fleet in February ...
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