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Carnival selling 12% of fleet as U.S. cruises remain banned

PortandTerminal.com, September 16, 2020

Carnival Corporation will be selling three more ships than originally planned as it struggles to slash costs.

MIAMI – Carnival Corporation is selling 18 cruise ships in the next few months — 12% of its fleet — as it continues to slash costs during the ban on cruising in most parts of the world.

While there is no indication in the filing as to which ships might be on the block, all are said to be ones that were already earmarked for future removal.

In July, Carnival said that it would part with 15 ships. The move to speed up efforts to slim capacity comes as cruises in the U.S., the company’s most lucrative market, remain banned by the U.S. Centers for Disease Control and Prevention until Oct. 1. Most lines serving the U.S. have ceased cruising until at least Oct. 31.

Carnival Fantasy, Carnival Fascination, Carnival Imagination, Carnival Inspiration and Costa Victoria have already been scrapped. In July, Holland America Line and P&O Cruises announced that Amsterdam, Maasdam, Rotterdam, Veendam and Oceanea would be leaving the fleets and transferring to undisclosed buyers.

The company is also slowing down the delivery schedule of its new ships, now expecting only five of the nine ships originally scheduled to be delivered by the end of 2021.

Carnival Corp., the largest cruise company in the world with nine cruise lines, restarted operations in Italy on Sept. 6 of one of its Costa Cruises ships. The cruises are only available to Italian passengers, who are required to undergo rapid COVID-19 antigen tests before boarding.

With reporting by the Miami Herald.

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