Carnival Corp. CEO: Demand should be ‘more than adequate’ at the restart

Carnival Corp. expects demand to be “more than adequate to fill ships in a staggered restart,” said CEO Arnold Donald during a business update call with analysts. Donald said he was not concerned about achieving this without substantial bookings from the new-to-cruise market, because two-thirds of its global guests, 8 million each year, are repeatContinue reading “Carnival Corp. CEO: Demand should be ‘more than adequate’ at the restart”

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Southampton Port ‘on course’ for shore power

Southampton remains “on course” to be the first port in the UK to introduce shore power for cruise ships. Shore power, which is also called cold ironing, reduces the time ships are required to run their engines in port, reducing pollution. Associated British Ports (ABP) said it would meet its previous pledge to install theContinue reading “Southampton Port ‘on course’ for shore power”

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Carnival Corp. 2020 Outlook

Carnival Corporation provided adjusted earnings guidance for 2020 on today’s Q4 and year-end earnings call from $4.30 to $4.60 per share, compared to 2019 adjusted earnings of $4.40 per share. Carnival President and CEO Arnold Donald said that he expects cruise revenues to be up approximately 5 per cent on capacity growth year-over-year of 6.6Continue reading “Carnival Corp. 2020 Outlook”

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