Carnival Corporation News
Carnival Corporation launches $1bn share buy back
Carnival Corporation has announced that it has initiated repurchasing stock under its currently authorised $1 billion share repurchase program. The company began repurchasing shares during its third fiscal quarter of 2015, has continued repurchasing shares during its fourth fiscal quarter of 2015 and intends to enter into a 10B-5 program to repurchase stock during its regularly scheduled close periods.
Carnival Cruises commits two ships to Chinese market
Carnival Cruise Line, the largest brand under Carnival Corporation, has announced an initial commitment of two ships to the Chinese market beginning with Carnival Miracle in spring 2017 followed by Carnival Splendor in spring 2018. Both ships will be based in China year round. Carnival Miracle and Carnival Splendor will offer the memorable, high quality holiday experience Carnival is known for featuring exceptional service and hospitality in a fun and friendly atmosphere.
Carnival Corporation reveals China joint venture plans
Carnival Corporation has formed a joint venture in China that intends to launch the first world-class, multi-ship domestic cruise brand in the Chinese market. Carnival is partnering with China State Shipbuilding Corporation and China Investment Corporation on the new venture aimed at accelerating the development and growth of the overall cruise industry in China, which is expected to eventually become the largest cruise market in the world.
Carnival Corporation reveals ambitious China expansion plans
Carnival Corporation has revealed plans to further expand its operations in China with the deployment of two additional cruise brands in China in 2017. Carnival Cruise Line and AIDA Cruises will join Costa Cruises and Princess Cruises in the Chinese market, making Carnival Corporation the first company to operate four brands in China – which is expected to eventually become the world’s largest cruise market based on surging demand for cruise vacations by Chinese travellers.
Carnival Cruise Line to launch China operations in 2017
Carnival Cruise Line has said today it will begin cruise operations in China starting in spring 2017 with one vessel based in China year-round offering cruises marketed to Chinese guests. Carnival Cruise Line, the world’s most popular cruise brand, will offer an exceptional and memorable vacation experience to Chinese guests featuring outstanding service, extensive, high quality family programming, and expansive dining and entertainment choices.
Carnival welcomes new berth at Puerta Maya, Cozumel
Carnival Corporation has officially opened an all-new, highly anticipated expansion of its operations in Cozumel, Mexico, adding a third berth to the company’s pier at Puerta Maya, the most popular cruise destination in the Caribbean. Official opening ceremony for third berth at Carnival Corporation’s pier at Puerta Maya in Cozumel, Mexico, the most popular cruise destination in the Caribbean.
Carnival Corporation brings Wi-Fi connection to high-seas
Carnival Corporation has announced it has expanded its innovative hybrid connectivity system to create the cruise industry’s largest Wi-Fi network – and one of the world’s largest satellite mobility networks. With over 31 advanced satellite systems, the company’s expanded [email protected] connectivity network features the broadest high-bandwidth internet coverage in the industry currently deployed on 30 of its 100 ships - far more than any other cruise line company - with further deployment planned over the next several months.
Carnival Cruise line to sail from Mobile from 2016
Carnival Cruise Line and the City of Mobile announced earlier that the Carnival Fantasy will operate a year-long schedule of four- and five-day cruises to Mexico from the Mobile Cruise Terminal beginning in fall 2016. Prior to its deployment to Mobile, the 2,056-passenger Carnival Fantasy will undergo a multi-million-dollar refurbishment that will add several elements of the cruise line’s popular Fun Ship 2.0 product enhancement program.
New sales leadership appointed at Fathom
Fathom has named Jason Maltais as the company’s East Coast senior sales leader. In this role, Maltais will be responsible for marketing and business development supporting sales of Carnival Corporation’s latest brand. The line is designed to pioneer what Carnival is calling a new category of “social impact” travel. Maltais joined the company in July reporting to David Drier, vice president, sales for Fathom.
Costa Cruises signs with Meyer Werft for two new vessels
German ship yard Meyer Werft has signed on to build two new cruise ships for Italian line Costa Cruises, billed as the largest ships ever built in terms of guest capacity. The move is part of a four ship deal signed by Costa-parent Carnival Corporation. In June, Carnival Corporation announced the other two ships included in the multi-billion dollar contract are destined for its German brand, AIDA Cruises.
Leadership falls into place for new Fathom cruise line
Fathom has named 15-year cruise industry veteran Michelle Sutter as a company senior sales leader. In this role, Sutter will be responsible for marketing and business development supporting sales of Carnival Corporation’s newest brand designed to pioneer a new category the line is calling “social impact travel”. Sutter joined the company in July reporting to David Drier, vice president, sales for Fathom.
Carnival Corporation adds capacity in China as momentum grows
Carnival Corporation will add two ships to its China fleet in 2016, making it the first global cruise company with six total ships based in China. The move will increase Carnival Corporation’s total capacity in China by an additional 58 per cent in 2016, further accelerating the company’s leadership position in the growing Chinese market, which continually delivers double-digit annual returns and is expected to eventually become the largest cruise market in the world.