Carnival Corporation & plc

Carnival Corporation & plc is an Anglo-American cruise operator and is currently the world’s largest travel and leisure company, with a combined fleet of over 90 vessels across ten well known cruise line brands.

As a dual-listed company, Carnival Corporation & plc is composed of two companies, the US-based Carnival Corporation and the UK-based Carnival plc, which both companies functioning as one entity. The Carnival Corporation is listed on the New York Stock Exchange and Carnival plc is listed on the London Stock Exchange.

The Carnival Corporation was founded as Carnival Cruise Line in 1972 as a subsidiary of American International Travel Service (AITS) by Ted Arison and Meshulam Riklis. In 1987 Carnival completed an initial public offering of 20 percent of its common stock on the New York Stock Exchange, raising approximately $400m. The capital raised was used to finance acquisitions, so in 1993 the business was restructured as a holding company, under the name Carnival Corporation, with Carnival Cruise Line becoming its principal subsidiary. Between 1989 and 1999, the company acquired Holland America LineWindstar Cruises, WestoursSeabourn Cruise LineCosta Cruises and Cunard.

P&O Princess Cruises plc was formed in the year 2000 following the demerger of the passenger cruise operations of P&O Cruises and Princess Cruises from the Peninsular and Oriental Steam Navigation Company (P&O) Group. Following its formation as a separate entity, P&O Princess Cruises plc operated the P&O CruisesPrincess Cruises, Swan Hellenic and P&O Cruises Australia brands. In 2001 it acquired AIDA Cruises and established A’Rosa Cruises (sold in 2003).  In 2003 it established the Ocean Village brand (liquidated in 2010).

In 2003, Carnival Corporation acquired P&O Princess Cruises plc. It was agreed that P&O Princess Cruises plc would remain a separate company, listed on the London Stock Exchange and retaining its British shareholder body and management team. The company was renamed Carnival plc, with the operations of both companies merged into one entity. Carnival Corporation and Carnival plc jointly own all the operating companies within the Carnival group. 

Prior to Carnival Corporation’s acquisition, P&O Princess Cruises plc had agreed to a merger with Royal Caribbean Cruises Ltd. The deal unraveled with the Carnival Corporation offering improved terms to P&O Princess Cruises plc British shareholders.

In March 2020 all cruise ship itineraries worldwide were cancelled due to the COVID-19 pandemic. After months of cancelled cruises, Carnival Corporation & plc announced in September 2020 that it intended to dispose of 18 ships, a full 12% of its entire global fleet. The corporation also announced that it was delaying the delivery of several new ships already on order. These steps were part of the company’s cost-cutting plan. The company’s cost-cutting plan was very important as the suspension of operations had a negative impact on all aspects of the company’s business, including the company’s liquidity and its financial position. It is estimated that the company will have lost around $20 billion (US) dollars due to the pandemic.


MV Costa Fascinosa – Past and Present

MV Costa Fascinosa – Past and Present

MV Costa Fascinosa Costa Fascinosa – © Wil Weijsters (Civitavecchia, 01/06/2015) Steel twin screw ‘Concordia’ class motor vessel built in 2012 by Fincantieri, Marghera, Venice, Italy (Yard No C6189) as…
MV Island Princess – Past and Present

MV Island Princess – Past and Present

MV Island Princess Island Princess – © Princess Cruises Steel twin screw “Coral Class” motor vessel built in 2003 by Chantiers de l’Atlantique, St. Nazaire, France. (Yard No D32) as…
MV Volendam – Past and Present

MV Volendam – Past and Present

MV Volendam Volendam – © Chris Howell (24/12/2011) Steel twin screw “Rotterdam-Class (R-Class)” motor vessel built in 1999 by Fincantieri, Venice, Italy (Yard No 6035) as a Passenger/Cruise ship. Technical…
MV Carnival Pride – Past and Present

MV Carnival Pride – Past and Present

MV Carnival Pride Carnival Pride – © Mikael Söderholm Steel twin screw ”Spirit – Class” motor vessel built in 2001 by Kvaerner MASA Yards, Helsinki. Finland (Yard No 500) as…
MV Ambition – Past and Present

MV Ambition – Past and Present

MV Ambition, ex AIDAmira, Costa neoRiviera, Grand Mistral, Mistral - Steel twin screw motor vessel built in 1999 by STX (Chantiers de l'Atlantique) STX France SA Saint Nazaire, France (Yard No…
MV AIDAdiva – Past and Present

MV AIDAdiva – Past and Present

MV AIDAdiva. AIDAviva – © Erwin Willemse (Velsen-Zuid, 25/04/2018 ) Steel twin screw ‘Sphinx’ class motor vessel built in 2007 by Meyer Werft GmbH, Papenburg, Germany (Yard No. S.659) as…
MV Bolette – Past and Present

MV Bolette – Past and Present

MV Bolette Ex Amsterdam Bolette – © Brian Donovan (Rosyth, 23/07/2021) Steel twin screw motor vessel built in 2000 by Fincantieri Breda, Marghera, Venice, Italy (Yard No 6052) for Holland…
MV Queen Elizabeth (2010) – Past and Present

MV Queen Elizabeth (2010) – Past and Present

MV Queen Elizabeth Queen Elizabeth – © Aleksi Lindström  (Helsinki West Harbour from Stockholm, 07/06/2011) Steel Twin Azipod “Vista Class” diesel electric motor vessel built in 2010 by Fincantieri-Cantieri Nav.…
MV Carnival Magic – Past and Present

MV Carnival Magic – Past and Present

MV Carnival Magic Carnival Magic – © Capt Peter (Galveston, 21/02/2016) Steel twin screw “Dream Class” motor vessel built in 2011 by Fincantieri, Monfalcone, Italy (Yard No 6167) as a…
MV Carnival Breeze – Past and Present

MV Carnival Breeze – Past and Present

MV Carnival Breeze Carnival Breeze  © Cees Bustraan (Willemstad, 05/04/2013) Steel twin screw “Dream Class” motor vessel built in 2012 by Fincantieri, Monfalcone, Italy (Yard No 6201) as a Passenger…
MV Queen Victoria – Past and Present

MV Queen Victoria – Past and Present

MV Queen Victoria - Steel Twin Azipod "Vista Class" diesel electric motor vessel built in 2007 by Fincantieri Cantieri Navali SpA Marghera, Venice. Italy (Yard No 6127) as a Passenger…
MV Ambience – Past and Present

MV Ambience – Past and Present

MV Ambience, ex Satoshi, Pacific Dawn, Regal Princess - Steel twin screw motor vessel built in 1991 by Fincantieri-Cant. Nav. Italiani, Monfalcone, Italy (Yard No 5840) as a Passenger (Cruise)…
MV Magellan – Past and Present

MV Magellan – Past and Present

MV Mages, ex Magellan, Grand Holiday, Carnival Holiday, Holiday - Steel twin screw motor vessel built in 1985 by Danyard Aalborg AS, Aalborg. Denmark (Yard No 246) as a Passenger…
MV Arcadia – Past and Present

MV Arcadia – Past and Present

MV Arcadia, ex Queen Victoria - Steel twin Azipod 'Vista Class' motor vessel built in 2005 by Fincantieri – Cantieri Nav. Italiani S.p.A. Porto Marghera, Italy (Yard No 6078) as…
MV Aurora – Past and Present

MV Aurora – Past and Present

MV Aurora - Steel twin screw motor vessel built in 2000 by Jos L. Meyer Werft GmbH Papenburg, Germany (Yard No 640) as a Passenger Ship for P&O Cruises
MV Queen of the Oceans – Past and Present

MV Queen of the Oceans – Past and Present

MV Oceana, ex Ocean Princess - Steel twin screw motor vessel built in 2000 by Fincantieri - Cantieri Navali Italiani SpA. Monfalcone (Yard No 6044) as a Passenger (Cruise) Ship…
MV Azamara Pursuit – Past and Present

MV Azamara Pursuit – Past and Present

MV Azamara Pursuit, ex Adonia, Royal Princess, Minerva II, R8 - Steel twin screw motor vessel built in 2001 by Chantiers de l'Atlantique, St. Nazaire, Frankrike (Yard No Z31) as…
MV Carnival Legend – Past and Present

MV Carnival Legend – Past and Present

MV Carnival Legend - Steel twin screw ”Spirit – Class” motor vessel built in 2001 by Kvaerner MASA Yards, Helsinki. Finland (Yard No 501) as a Passenger (Cruise) Ship
MV AIDAmar – Past and Present

MV AIDAmar – Past and Present

MV AIDAmar - Steel twin screw 'Sphinx' class motor vessel built in 2012 by Meyer Werft GmbH, Papenburg, Germany (Yard No. S.690) as a Passenger (Cruise) ship for AIDA Cruises
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