Majestic Princess Voyages Chart New Scenic Routes and Five Immersive Itineraries for the 2026-27 SeasonFT. LAUDERDALE, Fla., May 22, 2025 /PRNewswire/ -- Princess Cruises has unveiled its new 2026-27 South America and Antarctica season, now open for sale, offering guests epic landscapes and extraordinary adventures—from the birthplace of the tango to the home of playful penguins.New for the 2026-27 season, the 3,560-guest Majestic Princess makes her debut. Princess Cruises is a member and operator in IAATO ...

Transaction included full redemption of $993 million 7.625% Senior Unsecured NotesMIAMI, May 21, 2025 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Carnival Corporation (the "Company") has closed its previously announced private offering (the "Notes Offering") of $1.0 billion aggregate principal amount of 5.875% senior unsecured notes due 2031 (the "Notes"). The Company will use the net proceeds from the Notes Offering to redeem the Company's $993 million 7.625% ...

VALENCIA, Calif., May 14, 2025 /PRNewswire/ -- Cunard proudly continues their relationship with the Royal Canadian Geographical Society (RCGS) in 2025 and announces an extensive speaker line-up on board the newly refit Queen Elizabeth for the Alaska 2025 season, showcasing RCGS speakers on select Alaska voyages starting June 12. Royal Canadian Geographical Society experts to be featured guest speakers on select Alaska 2025 voyages aboard Cunard’s Queen Elizabeth. On board a stunningly updated Queen Eli ...

Proceeds from the offering of senior unsecured notes to be used to redeem $993 million 7.625% senior unsecured notes due 2026 MIAMI, May 12, 2025 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Carnival Corporation (the "Company") priced its private offering (the "Notes Offering") of $1.0 billion aggregate principal amount of 5.875% senior unsecured notes due 2031 (the "Notes"). The Company expects to use the net proceeds from the Notes Offering to redeem the Compa ...

MIAMI, May 12, 2025 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Carnival Corporation (the "Company") commenced a private offering (the "Notes Offering") of new senior unsecured notes in an aggregate principal amount of $1.0 billion, expected to mature in 2031 (the "Notes"), to refinance the Company's $993 million 7.625% senior unsecured notes due 2026 (the "2026 Unsecured Notes"), expecting to reduce interest expense and manage its future debt maturities. In ad ...

Sailing from Ft. Lauderdale Jan. 6, 2027, this impressive 129-Day Voyage Visits 61 Iconic Destinations Across Three Continents FT. LAUDERDALE, Fla., April 30, 2025 /PRNewswire/ -- Embark on an extraordinary adventure with the 129-day World Cruise Grand Circle Pacific Voyage, the most destination-packed cruise offered by Princess Cruises. Setting sail aboard Coral Princess in January 2027, this epic journey visits 61 destinations across 20 countries and three continents. Perfect for the adventurous traveler, ...

VALENCIA, Calif., April 17, 2025 /PRNewswire/ -- Luxury cruise line Cunard is offering incredible savings on voyages to some of the world's most captivating destinations. Queen Elizabeth will homeport out of Seattle for the first time this June The 'Adventure Awaits Sale' is available on more than 100 voyages in 2025 and 2026, including Alaska cruises from their new homeport of Seattle, and incredible Caribbean itineraries from Miami, on the recently transformed Queen Elizabeth. Offers can also be foun ...

Carnival Cruise Line is Now the Leading Cruise Operator in Australia as Global Fleet Grows to Record 29 ShipsSYDNEY, March 28, 2025 /PRNewswire/ -- Marking an exciting new chapter for Carnival Cruise Line as Australia's leading cruise operator, Carnival Adventure and Carnival Encounter are preparing to embark on their maiden voyages, delivering more signature Carnival fun to guests departing from Sydney and Brisbane. With the addition of these two ships, Carnival Cruise Line now has the largest fleet of shi ...

Revenue Growth - Passenger ticket revenues increased by $216 million, or 6.0%, to $3.8 billion in 2025 from $3.6 billion in 2024[99] - Onboard and other revenues increased by $189 million, or 11%, to $2.0 billion in 2025 from $1.8 billion in 2024[100] - The North America segment's passenger ticket revenues increased by $159 million, or 7.0%, to $2.4 billion in 2025 from $2.3 billion in 2024[101] - The Europe segment's passenger ticket revenues increased by $52 million, or 3.8%, to $1.4 billion in 2025[103] Operating Performance - Consolidated operating income increased by $267 million to $543 million in 2025 from $276 million in 2024[116] - Occupancy percentage increased to 103% in 2025 from 102% in 2024[95] - The company experienced a 2.5% capacity increase in Available Lower Berth Days (ALBDs) from 23.0 million in 2024 to 23.6 million in 2025[95] Financial Expenses - Interest expense decreased by $94 million, or 20%, to $377 million in 2025 from $471 million in 2024, primarily due to a decrease in total debt and lower average interest rates[117] - Debt extinguishment and modification costs increased by $218 million to $252 million in 2025 from $33 million in 2024[120] Cash Flow and Liquidity - As of February 28, 2025, the company had $3.8 billion of liquidity, including $0.8 billion in cash and cash equivalents and $2.9 billion in borrowings available under its multi-currency revolving credit facility[121] - The working capital deficit increased to $8.6 billion as of February 28, 2025, compared to $8.2 billion as of November 30, 2024, primarily due to an increase in customer deposits[122] - Net cash flows from operating activities decreased to $0.9 billion during the three months ended February 28, 2025, down from $1.8 billion for the same period in 2024[124] - Net cash used in investing activities was $605 million during the three months ended February 28, 2025, primarily due to capital expenditures of $607 million for ship improvements and port developments[125] - During the three months ended February 28, 2025, net cash used in financing activities was $690 million, compared to a net cash provided of $0.2 billion for the same period in 2024[127] Future Projections - The company anticipates a $46 million impact in 2024 due to the EU Emissions Trading System, affecting 40% of emissions under the operational scope[94] - Future export credit facilities at February 28, 2025, are projected to be $0.7 billion in 2025, increasing to $3.1 billion thereafter[129] Debt Composition - As of February 28, 2025, the company maintained a fixed rate debt composition of 61%, with 23% in EUR fixed rate and 7% in floating rate[131] - The company plans to use existing liquidity and future cash flows from operations to fund cash requirements, including capital expenditures not covered by export credit facilities[128] - The company is not a party to any off-balance sheet arrangements that could materially affect its consolidated financial statements[123]

VALENCIA, Calif., March 25, 2025 /PRNewswire/ -- Cunard today announced an exciting partnership with Sail4th 250, the non-profit organization overseeing celebrations in the Port of New York and New Jersey for America's 250th anniversary next year.The collaboration will see the luxury cruise line's flagship Queen Mary 2 – the world's only ocean liner – take pride of place at the heart of the landmark event, offering guests a once-in-a-lifetime vantage point in what promises to be an unforgettable moment in h ...