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TheStreet Open House

Carnival Corporation & Plc Orders New Ships For Its Holland America Line And Carnival Cruise Lines Brands

The memorandum of agreement with Fincantieri continues the company's longstanding and successful relationship with the Italian shipbuilder, which dates back more than 20 years.

Giuseppe Bono, CEO of Fincantieri, said, "These additional orders bring the total number of ships we have built for Carnival Corporation & plc to 61 and confirm Fincantieri's world leadership in the cruise ship sector even at a time of slowing demand."  Bono added, "We view these orders as a very positive development for the Italian economy and the global cruise industry."

Carnival Corporation & plc is the largest cruise vacation group in the world, with a portfolio of cruise brands in North America, Europe, Australia and Asia, comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, P&O Cruises (UK) and P&O Cruises ( Australia).  

Together, these brands operate 100 ships totaling approximately 203,000 lower berths with nine new ships scheduled to be delivered between March 2013 and March 2016. Carnival Corporation & plc also operates Holland America Princess Alaska Tours, the leading tour company in Alaska and the Canadian Yukon. Traded on both the New York and London Stock Exchanges, Carnival Corporation & plc is the only group in the world to be included in both the S&P 500 and the FTSE 100 indices.

SOURCE Carnival Corporation & plc

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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