Carnival Corp downsizing by 13 ships

Carnival Corp says it has no major worries over booking volumes when cruises finally return but it is still shedding its fleet by 13 ships.

It sold one ship last month and has agreements for the disposal of five ships.

In addition there are ‘preliminary agreements for an additional three ships, all of which are expected to leave the fleet in the next 90 days.’
These are in addition to the sale of four ships which had already been announced.

It won’t take all its new ship deliveries as previously scheduled.

“The company currently expects only five of the nine ships originally scheduled for delivery in fiscal 2020 and fiscal 2021 will be delivered prior to the end of fiscal year 2021,” a company statement said.

With a leaner fleet it reckons there will be demand to fill the reduced capacity, especially with a phased restart.

“We are well-positioned to optimize the pent-up desire for travel around the world,” CEO Arnold Donald said.

“We expect demand to be more than adequate to fill ships in a staggered restart. We will emerge a leaner, more efficient company.”