Carnival (CCL)
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Down 80%, Is Carnival Stock a Once-in-a-Generation Investment Opportunity?
The Motley Fool· 2024-04-22 12:25
This business is starting to find its stride after a major disruption.In the five years leading up to its all-time high in January 2018, Carnival (CCL -0.42%) was a winning investment. Its shares jumped 86% during that time.It's been a different story since then, though. This cruise stock currently sits 80% below its peak price. That's even after shares soared 76% since the start of 2023 (as of April 18).Does this setup on the dip make Carnival a once-in-a-generation investment opportunity? Here's what inve ...
Cunard Officially Welcomes New Ship Queen Anne with Ceremony at Fincantieri Shipyard
Prnewswire· 2024-04-19 17:18
VALENCIA, Calif., April 19, 2024 /PRNewswire/ -- She's the next in a fine line for Cunard, and today (April 19), Queen Anne officially joined the luxury cruise line's iconic fleet during a historic handover ceremony in Italy.Cunard took ownership of their stunning 3,000-guest ship during a traditional handover ceremony at the Fincantieri Marghera shipyard in Venice – where master shipbuilders have been constructing the luxurious vessel. Fincantieri delivered the ship to Cunard at the Marghera shipyard i ...
SEABOURN ANNOUNCES WESTERN KIMBERLEY TRADITIONAL OWNERS, WUNAMBAL GAAMBERA, AS GODPARENTS OF SEABOURN PURSUIT
Prnewswire· 2024-04-18 18:00
Seabourn is the first cruise line to appoint Traditional Owners as godparents of a ship. The naming of Wunambal Gaambera Traditional Owners as godparents of Seabourn Pursuit serves as a symbolic gesture of stewardship and responsibility toward the environment and the communities that Seabourn visits, as well as Seabourn's commitment to sustainable tourism. The naming ceremony will take place on Seabourn Pursuit's June 22-July 2, 2024 voyage in the Kimberley region of Australia. "We believe no one can give a ...
Holland America Line Set to Debut New 'Glacier Day' and Enhanced Alaska-Focused Experiences on Every Alaska Cruise in 2024
Prnewswire· 2024-04-17 14:15
Culinary highlights include Alaska dishes by Fresh Fish Ambassador Chef Morimoto and new Alaska-themed cocktails by acclaimed bartender Sam Ross SEATTLE, April 17, 2024 /PRNewswire/ -- Holland America Line is debuting "Glacier Day" on its Alaska cruises as it rolls out new programming within its "We Love Alaska" on board experience. The new offerings include Alaska Up Close presentations as well as culinary and beverage experiences to help foster a deeper connection to the people, history and culture of the ...
Carnival Corporation & plc Announces Maritime Executive Changes Effective Feb. 1, 2025
Prnewswire· 2024-04-15 19:00
Vice Admiral William R. Burke (Ret.) to Transition to New Role as External Affairs Advisor,Lars Ljoen to Become Chief Maritime Officer of Carnival Corporation & plcMIAMI, April 15, 2024 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), the world's largest cruise company, today announced that Vice Admiral William R. Burke (Ret.), Chief Maritime Officer for the company, has advised that he will be stepping down from the role effective February 1, 2025. At that time, Lars Ljoen, currently ...
3 Stocks That Will Be Hit Hardest by the 2024 Baltimore Bridge Disaster
InvestorPlace· 2024-04-15 18:10
As the state of Maryland works to recover from the Baltimore bridge disaster, potential long-term financial consequences are becoming present. With each passing day, the gargantuan task of recovering and removing debris from the seafloor slows Baltimore’s local economy. Currently, the major hurdle for the Unified Command handling the situation consists of removing enough containers from the sunken cargo ship to re-float it.While catastrophic, both the government and the businesses that rely on the Port of B ...
Princess Cruises Rolls Out Fleetwide Dining Revolution: Traditional, Reservable, Open Seating, and Anywhere Service Now Available for Every Guest Preference
Prnewswire· 2024-04-13 18:30
New Options Follow Successful Debut Aboard New Sun Princess FORT LAUDERDALE, Fla., April 13, 2024 /PRNewswire/ -- Princess Cruises today announced it is making a significant enhancement to the main dining options found across its fleet, designed to give guests the ultimate in flexibility and choice when it comes to their dining experience by offering three table service options – Traditional, Reservable, or Walk-in Anytime - coupled with the brand's industry exclusive OceanNow location-based "anywhere" serv ...
Cunard's Solar Eclipse at Sea offers Prime Viewing for 2026
Prnewswire· 2024-04-11 18:12
Three ships in the Cunard fleet will be in the path of totality for the next solar eclipseVALENCIA, Calif., April 11, 2024 /PRNewswire/ -- The captivating spectacle of this week's solar eclipse has left viewers in awe, with many already looking forward to the next celestial event on August 12, 2026.Luxury cruise line Cunard is proud to announce that three of its Queens – flagship Queen Mary 2, Queen Victoria, and the company's newest ship launching this May, Queen Anne – will be positioned in extraordinary ...
Holland America Line Enhances Entertainment with New Productions, Music Lineup and Destination-Specific Performances
Prnewswire· 2024-04-11 14:00
New headliner shows anchor an expanded slate of entertainment offerings fleetwideSEATTLE, April 11, 2024 /PRNewswire/ -- Holland America Line is adding to its award-winning entertainment lineup with the introduction of several new mainstage experiences in 2024. Four new shows will put a fresh spin on the classic cruise production format. Additional new productions tailored to various regions will provide a variety of performances focusing on the local culture where ships are cruising.Beyond the mainstage, H ...
Carnival Corporation Announces Significant Sustainability Achievements
Prnewswire· 2024-04-10 13:15
Sustainability Performance - The company released its 14th annual sustainability report, detailing progress in six focus areas, including climate action and circular economy [1] - Several 2030 environmental goals were achieved ahead of schedule, including GHG intensity reductions and waste reduction [1] - The company is tracking ahead of schedule on key targets, such as reducing GHG intensity by at least 20% by 2026 (vs 2019 levels) [3] - The company has reduced absolute GHG emissions by over 10% since 2011, despite increasing capacity by roughly 30% [3] Environmental Achievements - The company surpassed its 2030 shore power goal in 2023, with 64% of its fleet now shore power-capable [3] - Particulate matter emissions were reduced by 68% (vs 2015 baseline), exceeding the 2030 goal of 50% reduction [3] - Food waste per person was reduced by 38% (vs 2019 baseline), nearing the 2025 goal of 40% reduction [3] - The company eliminated approximately 500 million single-use items from its fleet by 2023, surpassing its 2030 goal nine years early [3] - Advanced Waste Water Treatment Systems (AWWTS) were installed on 70% of the fleet capacity, close to the 2030 goal of 75% [3] Strategic Initiatives - The company is evaluating new interim targets on its path to achieving net zero GHG emissions by 2050 [2] - The company is working closely with port authorities worldwide to increase adoption of shore power technology [3] - The company is advancing initiatives in LNG, Advanced Air Quality Systems (AAQS), Air Lubrication Systems (ALS), and biofuels [4] Corporate and Social Responsibility - The company is committed to inclusivity and fostering a positive workplace environment for its 160,000 employees [5] - The company promotes sustainable tourism and creates shared value with destination partners and local communities [5] - The 2023 sustainability report aligns with GRI Universal Standard 2021, SASB, and TCFD frameworks [6] Company Overview - Carnival Corporation & plc is the world's largest cruise company, operating a portfolio of nine world-class cruise lines [7] - The company is among the largest leisure travel companies globally [7]