Carnival Corporation has announced US GAAP net income of $352 million, or $0.48 diluted EPS, for the first quarter of 2017. This is compared to US GAAP net income for the first quarter of 2016 of $142 million, or $0.18 diluted EPS.
Josh Weinstein, corporate treasurer of parent company Carnival Corporation, will become president of Carnival UK following the planned departure of current chief executive David Noyes in July after six years in the business.
Carnival Corporation has announced that its cruise joint venture in China has signed a new memorandum of agreement to order the first-ever cruise ships built in China for the Chinese market.
Carnival Corporation has announced that it has signed a memorandum of agreement with Italian shipbuilder Fincantieri to build two new cruise ships with final contracts expected to be executed in early 2017. The two new ships are designated for the company’s Holland America Line and Princess Cruises brands.
Carnival Corporation has announced that its cruise joint venture in China has signed a non-binding memorandum of agreement to order the industry’s first new cruise ships built in China for the Chinese market. The deal is subject to several conditions including closing of the joint venture, financing and other key terms.
Fathom has added two Cuba sailing dates for fall 2016 – the result of strong pent-up demand by travellers choosing to take a cruise vacation to explore Cuba with Fathom, the only US cruise line sailing from the US to one of the most desired destinations in the Caribbean. The additional cruises will take place the weeks of Sunday, October 9th, and Sunday, November 6th, Fathom’s MV Adonia will return to Miami on the following Sunday for each of the cruises.
Carnival Corporation has signed a memorandum of agreement with leading German and Finnish shipbuilders Meyer Werft and Meyer Turku to deliver three additional next-generation cruise ships that will be fully powered by Liquefied Natural Gas. Carnival Corporation said two of the new LNG-powered ships are designated for its Carnival Cruise Line, and will be built by Meyer Turku at its shipyard in Turku, Finland, with delivery dates expected in 2020 and 2022.
Carnival Corporation has signed an addendum to one of its most strategic passenger terminal agreements, extending the contract through 2030 with an additional five years of sailings to and from Fort Lauderdale-based Port Everglades. The addendum builds on the landmark 15-year agreement reached in 2010 with the Broward County Board of County Commissioners and furthers Carnival Corporation’s commitment to Port Everglades, which overall has more than 3.6 million multi-day cruise passengers a year.
Carnival Corporation has announced adjusted net income of $370 million, or $0.49 diluted EPS for the second quarter of 2016. This is compared to adjusted net income for the second quarter of 2015 of $193 million, or $0.25 diluted EPS.
Carnival Corporation sailed into Havana this morning completing the first leg of its historic inaugural voyage to Cuba that began on May 1st, 2016, from Miami. The company’s Fathom brand made history with its arrival into Havana, marking the first time in over 50 years that a US cruise line has sailed from the US to Cuba. It is also the first time in decades that Cuban-born individuals have been able to travel by sea to or from Cuba.
Carnival Corporation is continuing discussions with Cuba to allow cruise ships to operate in the same manner as current air charter operations, which transport Cuba-born individuals to and from Cuba. Fathom will begin sailing its 704-passenger Adonia luxury cruise ship to Cuba every other week starting on May 1st, marking the first time in over 50 years that a cruise ship has sailed from the U.S. to Cuba.
Carnival Corporation has finalised contracts with Italian shipbuilder Fincantieri to build five new cruise ships as part of a memorandum of agreement first signed in 2015. The five new ships include two that will be built for Costa Asia for deployment in China, two ships for Princess Cruises and one designated for P&O Cruises Australia, with deliveries expected in 2019 and 2020.