Entries Tagged ‘carnival corp.’

Seatrade Scores Exclusive Letter from Micky Arison to Sen. Rockerfeller

This morning Seatrade posted excerpts from a letter they obtained from Micky Arison going back to Sen. Jay Rockefeller. It’s a must read.

Finance Friday: Carnival Q1 2013 Results

Carnival Corp announced today non-GAAP net income of $65 million, or $0.08 diluted EPS for the first quarter of 2013. Reported U.S. GAAP net income, which included net unrealized losses on fuel derivatives of $28 million, was $37 million, or $0.05 diluted EPS. Non-GAAP net income for the first quarter of 2012 was $13 million, [...]

Carnival Exploring Selling Older Tonnage

Kari Reinikainen over at Cruise Business has in interesting rumor: Carnival Corp & plc, the world’s largest cruise shipping group, may sell some of the older vessels in its fleet as newbuildings enter service, Chairman and CEO Micky Arison said. … Among major vessels built before 1995 in the Carnival Corp & plc fleet are [...]

Carnival Orders New Ship (and Holland America)

Hot on the heels of NCL’s shocking newbuild order, industry giant Carnival has placed an order for a 135,000grt vessel for Carnival Cruise Lines. Scheduled to launch in 2016, she will represent a new class of vessel for the line. The deal also comes with another ship for Holland America. Their ship will be 99,000grt [...]

Carnival Q3 2012 Results

Carnival Corporation & plc announced non-GAAP net income of $1.2 billion, or $1.53 diluted earnings per share, for the third quarter of 2012. Reported U.S. GAAP net income, which includes unrealized gains on fuel derivatives of $136 million, was $1.3 billion, or $1.71 diluted earnings per share. Net income for the third quarter of 2011 [...]

Carnival doing a Pintrest??

Sign me up! Oh wait I don’t use Pintrest*. Anyways, still always great to see even industry giants using social websites. Carnival on Pintrest And Click Here For Carnivals Pintrest Contest and Win a Free Cruise. *Not out of spite or anything, I’m just not that into social bookmarking. Not my thing.

Former Costa CEO Un-retires and is Appointed to Carnival sub-brand

In April, we reported that current Costa CEO Pier Luigi Foschi will retire from his role at Costa Cruises. It seemed to be a reactionary move, corresponding to the Concordia disaster. However, it has been announced that Mr. Foschi will instead be appointed to oversee Carnival plc.’s “growth strategies within the rapidly expanding Asian region.” [...]

Carnival Breeze Delivered

Italy’s Fincantieri’s Monfalcone yard has just delivered the Carnival Breeze to Carnival Cruise Lines. The 130,000grt ship will be one of the first Carnival Corp.’s ships post Joe Farcus and Carnival Cruise Lines (CCL) first. The interiors were designed by Partner Ship Design (PSD). An interesting note, Carnival, as of this post, no longer has [...]

Financial Analysts Bearish on CCL

Alex Planes, The Motley Fool: It’s little surprise that the company has failed to recapture pre-recession highs, as its key metrics look worse than they did before the crash. Free cash flow, again erratic over the five-year period, is up just more than 4% from 2007, although Carnival spent a lot of time in 2009 [...]

Controversy Erupts at Carnival’s Shareholders Meeting

Carnival held their annual shareholders meeting in Miami last week and well, it will be one that Carnival plc. CEO Micky Arison will not forget anytime soon. A Miami version of Occupy Wall Street calling themselves 1Miami, came to protest Carnival plc’s corporate tax structure. Carnival is a registered company in Panama but has their [...]

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