Rumoured sale of Cunard and Seabourn denied by Carnival Corporation

Cunard - Ships and Itineraries 2020, 2021, 2022 | CruiseMapper

Carnival Corporation has scotched speculation that luxury brands Cunard and Seabourn could be sold as the cruise giant seeks to navigate recovery from the Covid-19 pandemic.

The company was responding to a specialist media report.

Global shipping news service TradeWinds claimed a sale could be prompted by ageing passenger demographics and a need to generate higher returns.

But a Carnival Corporation spokesman said: “There is no truth to this rumour.

“Cunard and Seabourn are iconic brands for our company, and both lines have a strong track record of success over the years.”

The company announced that it is to dispose of a further two ships, in addition to the disposal of 13 ships across its brands and the delayed delivery of new vessels announced earlier this month.

Four older Holland America Line ships have been sold, including two to Fred Olsen Cruise Lines, while P&O Cruises’ Oceana has left the fleet and Greek line Celestyal Cruises acquired Costa Cruises’ Costa NewRomantica.

In June, Carnival Corporation said it was speeding up the disposal of ships after a registered $2.4 billion adjusted net loss in the three months to May 31.

It has raised at least $10 billion through a series of financial transactions since March, and had “taken significant actions to preserve cash and secure additional financing to maximise its liquidity”.

It also confirmed $8.8 billion of credit facilities to fund ship deliveries originally planned through to 2023.

Cunard sailings by Queen Mary 2 and Queen Victoria are suspended until November 1 and Queen Elizabeth until November 23.

Seabourn’s five-ship fleet is on an extended pause in operations into October and November.

The brand had previously announced a suspension of its global ship operations from March 14 until June 30.

Carnival ships Fantasy and Imagination depart fleet

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The Carnival Fantasy in Mobile, Alabama, in 2017. Photo Credit: Alabama Cruise Terminal

Carnival Cruise Line has sold two Fantasy-class ships and will put two others in a layup.

Carnival also will bolster deployment throughout its network of homeports in mainland U.S. drive markets.

The Carnival Fantasy and Carnival Inspiration have been sold and are headed to Turkey. The ships were sold to undisclosed buyers, but they are en route to Izmir, home of one of the world’s largest shipbreaking yards.

The Carnival Fascination and Carnival Imagination will move into a long-term layup with no timeline identified for their return to service.

The line also made changes to its ship deployment in order to leverage its U.S. homeports.

The Carnival Sensation will move from Miami to Mobile, Alabama, and assume the itineraries that the Fantasy and Fascination had been sailing. Passengers on those ships are being rebooked on the Sensation.

The Carnival Sunrise will move from Fort Lauderdale to Miami, assuming the Sensation’s itineraries. The change puts a larger, upgraded ship (the Sunrise received a $200 million upgrade in 2019) on short itineraries out of Miami. Passengers booked on the Sunrise’s four- and five-day itineraries from Fort Lauderdale will be automatically moved to sailings from Miami.

Itineraries for the Imagination and Inspiration from Long Beach, Calif., were cancelled through April. The Carnival Panorama will continue to operate seven-day cruises from Long Beach while the Carnival Miracle will operate shorter itineraries from San Diego to Baja, Mexico.

The Carnival Radiance will go directly from Europe, where it is scheduled to undergo a $200 million upgrade, to Long Beach in April, to assume the short Baja Mexico itineraries previously served by the Imagination and Inspiration. Passengers will be rebooked on the Radiance, which will have new features including Shaq’s Big Chicken Restaurant and an expanded waterpark.

Carnival cancelled the Fascination’s sailings from San Juan and Barbados this year and next and will not replace them.

Carnival president Christine Duffy said that the line will continue to invest in its four remaining Fantasy-class ships.

“[They] work so well for shorter itineraries from smaller ports that cannot accommodate our larger ships,” Duffy said. “With our future fleet plan resolved, we are focused on ensuring we are ready to return to operations once it is determined that the time is right to resume cruising in the U.S.”

A rendering of Carnival's second Excel-class ship, sister to the Mardi Gras.

Carnival also confirmed that the sister ship to the Mardi Gras will arrive in November 2022. Under construction at the Meyer Turku shipyard, the ship will sail out of Miami as previously announced. It will be the Carnival’s second ship to be powered by liquefied natural gas.

Carnival Sells Two Ships, Provides Further Fleet Update

Carnival Fantasy in Mobile

Carnival Cruise Line today announced it had sold the Carnival Fantasy and Carnival Inspiration. A buyer was not named.

Meanwhile, the Carnival Fascination and Carnival Imagination will move to a long term lay-up status, with no specific timeline identified for a return to operation.

The company also announced that its second Excel-class ship will join the fleet in November 2022 from Meyer Turku and sail out of PortMiami as previously announced.

The Carnival Sensation will move from Miami to Mobile and take up itineraries previously assigned to the Carnival Fantasy and Carnival Fascination, with guests on those two ships being re-accommodated on Carnival Sensation.

The Carnival Sunrise will move from Port Everglades to PortMiami and assume the itineraries previously operated by Carnival Sensation, providing a larger, upgraded ship for short itineraries with the many new features installed during Carnival Sunrise’s $200 million transformations completed in 2019. Guests booked on the Sunrise itineraries from Port Everglades will be automatically moved to sailings from PortMiami.

Carnival Inspiration

Carnival Inspiration.

The Carnival Fascination’s itineraries from San Juan and Barbados have been cancelled for 2020-2021 as the cruise line focuses its return to operations on mainland drive markets in the U.S., the company said.

Itineraries for the Carnival Imagination and Carnival Inspiration from Long Beach have been cancelled through Apr. 19, 2021. Carnival Panorama will continue to operate 7-day cruises from Long Beach while Carnival Miracle will operate shorter itineraries from San Diego to Baja Mexico.

The Carnival Radiance will now move directly from Europe after its $200 million transformations and homeport in Long Beach in April of 2021, where it will assume the short Baja Mexico itineraries previously served by the Carnival Imagination and Carnival Inspiration. Guests booked on Carnival Imagination and Carnival Inspiration after April 22, 2021, will be re-accommodated on Carnival Radiance.

Carnival also said it notified its Australian guests that it has extended its pause of operations in that country, and has cancelled six cruises scheduled to operate between Sept. 25 and Oct. 29, 2020.

Carnival Radiance Cruise - Ship Review - Photos & Departure Ports ...
Carnival Radiance.

“We have used this pause in operations to think carefully about our fleet and to build a plan that gives our guests new choices and upgrades to current ship offerings,” said Christine Duffy, president of Carnival Cruise Line. “We have a great variety of ships across the Carnival Cruise Line fleet and we are thrilled to have been able to confirm a delivery date ahead of what we had anticipated for our second Excel ship, which is exciting news for guests interested in sailing from PortMiami on the sister ship to Mardi Gras! At the same time, we will continue to invest in the four remaining Fantasy-class ships that we are keeping in the fleet. We have many guests who prefer our Fantasy-class ships which work so well for shorter itineraries from smaller ports that cannot accommodate our larger ships. With a fleet that gives guests lots of choices in ships, homeports, destinations and features including a multitude of dining, entertainment and accommodation choices, we are very excited about the future for Carnival Cruise Line.”

Guests and travel agents are being notified directly about impacted sailings, guest re-accommodations and cancellations. Duffy thanked guests and travel agent partners alike for their continued patience, loyalty and support during this unprecedented time for the cruise industry. “With our future fleet plan resolved, we are focused on ensuring we are ready to return to operations once it is determined that the time is right to resume cruising in the U.S.,” she said.