Here Are All Of Carnival Cruise Line’s Homeports For 2021

Posted on 14 December, 2020 by Spacejunkie2

Carnival Legend

Big Thank you to https://www.cruiseindustrynews.com/

Carnival Cruise Line has the most U.S. homeports of any cruise brand, plus a seasonal operation in Europe and year-round cruising in Australia.

Here’s a look at the company’s planned homeports for 2021:

Port Canaveral

Ships:

– Carnival Breeze (March to April);

– Carnival Elation (March to December);

– Carnival Liberty (March to December);

– Carnival Magic (November and December);

– Mardi Gras (April to December).

Miami

Ships:

– Carnival Conquest (March to December);

– Carnival Freedom (October to December);

– Carnival Horizon (March to December);

– Carnival Sunrise (March to December).

Jacksonville

Ships:

– Carnival Ecstasy (March to December).

Tampa

Ships:

– Carnival Paradise (November and December);

– Carnival Pride (November and December).

Galveston

Ships:

– Carnival Breeze (May to December);

– Carnival Dream (March to December);

– Carnival Freedom (March to April);

– Carnival Vista (March to December).

Mobile

Ships:

– Carnival Sensation (March to December).

New Orleans

Ships:

– Carnival Glory (March to December);

– Carnival Valor (November and December).

Baltimore

Ships:

– Carnival Legend (November and December);

– Carnival Pride (March to October).

Charleston

Ships:

– Carnival Sunshine (March to December).

San Diego

Ships:

– Carnival Miracle (March and April/October to December).

San Francisco

Ships:

– Carnival Miracle (April to September).

Seattle

Ships:

– Carnival Freedom (April to September).

Long Beach

Ships:

– Carnival Panorama (March to December);

– Carnival Radiance (November and December).

Europe

Ships:

– Carnival Legend: Barcelona (May and October), Dover (June to August), and Civitavecchia (August to October).

Australia

Ships:

– Carnival Spirit: Brisbane (June to December);

– Carnival Splendor: Sydney (March to December).

Carnival: Optimistic For Restart in the U.S. By Year’s End

Posted on 9 October, 2020 by Spacejunkie2

“At this time, we have every reason to be optimistic we will be sailing in the U.S. before year’s end,” said Arnold Donald, president and CEO of Carnival Corporation, on today’s third-quarter earnings call.

The company’s Costa Cruises brand has already returned to service with two ships in the Mediterranean, soon to be joined by a third ship, the Costa Smeralda, according to Donald. They are sailing weeklong cruises from different Italian homeports. The sister brand, AIDA, is set to launch service later this month, also in the Mediterranean, with German passengers.

Donald explained that the ships are sailing with lower occupancy levels enabling the cruise lines to test and assess their health and safety protocols.

With national brands, Donald said Carnival is ideally positioned for a phased-in return to service, as each brand can be restarted independently, and in most cases with ready access to drive-to markets.

Also, with a small percentage of the fleet entering service, for now, he said, there will be less reliance on new-to-cruise, compared to all previous growth cycles that required the brands to tap more new passengers.

In addition, as Carnival is disposing of some 18 older ships and right-sizing its shoreside organization, Donald said a leaner and more efficient company would emerge.

“All initiatives going forward will be focused on maximizing cash generation and creating shareholder value. The delivery schedules of new ships have been stretched out and there is only one new ship on order for 2024 and one for 2025. This will further reduce our capital expenditures and allow us to repay debt,” he added.

Added David Bernstein, CFO and chief accounting officer: “We are focused on assets that are cash generative, so we can pay down debt, rebuild our balance sheet and get back to investment-grade rating.

“We are working through a number of different financial scenarios, but there is a lot of uncertainty involved so it is difficult to give (financial) guidance. (However), we expect over time to build occupancy up to generate positive cash flow and reduce the cash burn. The start-up occupancy level is less than 50 per cent. Over time, once we know we have things right, we will increase occupancy, while keeping social distancing in mind as well.”

Bernstein noted that the break-even point ranges from 30 to 50 per cent occupancy for different ships.

A More Profitable Carnival Corporation Expected To Emerge

Posted on 19 September, 2020 by Spacejunkie2

A leaner, more profitable Carnival Corporation is likely to emerge following the COVID-19 pandemic, according to Cruise Industry News’ calculations.

One important aspect will be what now seems like the overdue removal of 18 existing ships from the fleet.

When Carnival Corporation announced earlier this week that it expects to dispose of 18 ships, eight of which have already left the fleet, it also said that the ships represent 12 per cent of the company’s pre-pause capacity, but only 3 per cent of operating income in 2019.

That means that the 18 ships generated only approximately $98.3 million in operating income, compared to approximately $3.2 billion for the other 87 ships (Carnival listed its fleet at 105 ships for the end of its fiscal year 2019).

Assuming that the 18 ships represented their fair share of operating costs at 12 per cent, their removal prior to year’s end 2019 would have cut operating costs by approximately $2 billion, potentially resulting in operating income of approximately $5.4 billion.

Thus, according to Cruise Industry News estimates, Carnival’s operating income and net income could have been $2 billion more for 2019 if the 18 ships had left sooner, with net income of approximately $5 billion instead of $3 billion, or approximately $7.37 per share instead of $4.32 per share.

In addition, the disposed of ships will be replaced by larger and more efficient tonnage that will likely command higher ticket revenues and onboard spending while incurring lower operating costs.