Profile: Carnival Corp (CCL.N)
17 Jan 2017
Carnival Corporation, incorporated on November 21, 1974, is a leisure travel company. The Company is a cruise company and provides vacations to cruise destinations throughout the world. The Company aggregates its approximately nine global, regional and national cruise brands into North America, and Europe, Australia & Asia (EAA) segments. The North America segment includes Carnival Cruise Line, Princess Cruises (Princess), Holland America Line and Seabourn cruise brands. The EAA segment includes Costa Cruises, AIDA Cruises, P&O Cruises (UK), P&O Cruises (Australia) and Cunard cruise brands. The Company's Cruise Support segment includes its cruise port and related facilities located in Cozumel, Mexico; Grand Turk, Turks and Caicos Islands; Puerto Plata, Dominican Republic, and Roatan, Honduras. The Cruise Support segment also includes other services that are provided for the benefit of all its cruise brands. The Tour and Other segment includes Holland America Princess Alaska Tours, a tour company in Alaska and the Canadian Yukon, and approximately three cruise ships, the former Costa Celebration, Costa Europa and Grand Holiday, which it owns and charters-out under long-term leases. The Company's tour company owns and operates approximately 10 hotels or lodges, over 300 motorcoaches and approximately 20 glass-domed railcars.
The Company operates approximately 100 cruise ships within a portfolio of approximately 10 global, regional and national cruise brands that sell cruise products, services and vacation experiences in the vacation geographic areas in the world. The Company leases or owns port facilities that operate leased or owned port facilities in Barcelona, Spain; Civitavecchia, Naples, Savona and Trieste, Italy; Juneau and Ketchikan, Alaska; Long Beach, California, and Marseilles, France for the benefit of its cruise brands. The Company leases or owns port facilities that it has developed as destinations, as well as private island destinations in The Bahamas, Half Moon Cay and Princess Cays, principally for the benefit of its North America cruise brands. These destinations offer a range of features, including shore excursions, cultural and historic exhibits, water sports, beaches, retail outlets and a range of themed-dining options. In addition, the Company is involved with the development, enhancement and/or financing of government-owned and operated cruise port facilities in Cape Canaveral, Fort Lauderdale and Miami, Florida; Galveston, Texas; New Orleans, Louisiana; New York City, New York; San Juan, Puerto Rico and St. Maarten, Kingdom of the Netherlands.
The Company's Carnival Cruise Line offers contemporary cruising and operates approximately 20 ships. The Carnival Cruise Line offers cruises from approximately three to approximately eight days. Its ships depart from approximately 20 ports located along the Puerto Rico, Hawaii and east, Gulf and west coasts of the United States. Carnival Cruise Line is the provider of year-round cruises in The Bahamas, the Caribbean and Mexico and operates seasonal cruises in New England, Canada, Alaska, Hawaii and Europe. The Carnival Cruise Line from Australia offer cruises from approximately three to approximately 20 days to the South Pacific Islands and New Zealand. Its Fun Ship 2.0 enhancement program offers Thrill Theater, IMAX Theater, brewery in the RedFrog Pub, water park, Seafood Shack and SkyRide.
The Company's Princess cruise line operates a fleet of approximately 20 ships and has approximately two 3,560-passenger capacity ships, Majestic Princess and another new build. Princess offers approximately 150 itineraries with cruises ranging from approximately three to approximately 20 days with longer exotic sailings from approximately 30 to approximately 110 days, including two world cruises. Its cruises sailing in Asia are from approximately three to approximately five days and cater to its Asian guests. In the summer, Princess' ships sail in Alaska, Europe and Asia. In the winter, its ships sail in the Caribbean, Australia, Asia and other destinations. When sailing in the Caribbean, it ships visit its private island in The Bahamas, Princess Cays. Its Come Back New program includes products and services, such as approximately three dining options for guests, as well as the SHARE specialty restaurant and Chocolate Journey's dessert experience.
The Company's Holland America Line brand operates a fleet of approximately 10 mid-sized ships and has approximately two over 2,650-passenger capacity ships, Koningsdam and another new build. Holland America Line's cruises range from approximately three to approximately 40 days with longer, exotic Grand Voyages from approximately 60 to approximately 120 days, including an annual Grand World Voyage. In the summer, Holland America Line ships sail in Alaska and Europe. In the winter, its ships sail in the Caribbean, Australia and other destinations. When sailing in the Caribbean, Holland America Line's ships visit its private island in The Bahamas, Half Moon Cay.
The Company's Seabourn brand provides cruising vacations on smaller ships that focus on personalized service and guest recognition. The line's fleet of approximately three passenger ships offers all-suite accommodations, gourmet dining and experiences, such as the Officer on Deck culinary event, Shopping with the Chef excursions and complimentary shore events. It also offers Massage Moments on deck and Caviar in the Surf beach parties. Seabourn's ships cruise to destinations throughout the world, including Europe; Asia; the South Pacific Islands; Australia and New Zealand; the Americas, and Antarctica, with cruises from seven to 14 days. Seabourn has over two approximately 600-passenger capacity ships, Seabourn Encore and Seabourn Ovation.
The Company's Costa cruise visits approximately 270 ports around the world. The brand operates a fleet of approximately 20 contemporary ships and has over two approximately 5,180-passenger capacity ships and over two approximately 4,200-passenger capacity ships. Costa offers a range of itineraries, with cruises ranging from seven to 20 days and has over three to approximately five-day mini-cruises in the Mediterranean Sea, longer exotic sailings from 20 to 30 days and over two world cruises. Its cruises sailing in Asia are from four to five days and cater to its Asian guests. In the summer, Costa deploys its ships in the Mediterranean Sea, Northern Europe and Asia. In the winter, Costa deploys its ships in the Mediterranean Sea, the Caribbean, Asia, Brazil, Argentina, the Arabian Gulf and the Indian Ocean.
The Company's cruise brand, AIDA, operates approximately 10 ships. AIDA offers its guests cruises from three to 21 days, while visiting over 190 ports. In the summer, AIDA ships sail in the North Sea, the Baltic Sea, the Atlantic and the Mediterranean Sea. In the winter, AIDA ships sail in the Caribbean, Southeast Asia, the Arabian Gulf, Central America, the Atlantic Isles and the Mediterranean Sea. AIDA's ships include a range of informal and formal dining options, including buffets, grills and restaurants.
The Company's P&O Cruises (UK) cruise brand operates a fleet of approximately eight ships. P&O Cruises (UK)'s ships visit over 200 destinations worldwide, with cruises from seven to 17 days, with a range of longer voyages, including over two world cruises of over 100 days. In the summer, cruises depart from Southampton, England to the Mediterranean Sea, Scandinavia and the Baltic Sea, New England and Canada, the Atlantic Isles and the Caribbean. P&O Cruises (UK) also offers during the summer approximately seven or over 10 day Mediterranean voyages departing from Venice and Genoa, Italy. In the winter, the line offers cruises in the Caribbean, the Mediterranean, the Canary Islands and world cruises.
The Company's cruise brand, Cunard, operates approximately three luxury ships: Queen Elizabeth, Queen Mary 2 and Queen Victoria. Cunard offers cruises to destinations in Northern Europe, the Mediterranean Sea and New England and Canada, as well as their iconic transatlantic voyages on Queen Mary 2. Cunard's cruises are from seven to 14 days with approximately three world cruises of over 100 days.
The Company's cruise brand, P&O Cruises (Australia), operates approximately five contemporary ships. P&O Cruises (Australia) sails to South Pacific Island destinations. P&O Cruises (Australia) also offers year round itineraries to Australia's coastline, Papau New Guinea and New Zealand. Its cruises range from 3 to 10 days.
The Company competes with RCCL, Norwegian Cruise Line Holdings, Ltd., MSC Cruises, TUI AG and Ctrip.
3655 NW 87th Ave,
PO Box 1347
DORAL FL 33178-2428
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