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Carnival Corp Restructures the Fleet!



 
 
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  #1  
Old April 5th, 2004, 01:53 PM
Ray Goldenberg
external usenet poster
 
Posts: n/a
Default Carnival Corp Restructures the Fleet!

Hi Everyone,

I received this press release from the Carnival Corporation and
thought it would be of interest. If you have missed any of my news'
postings, they are available on my web site.

Best regards,
Ray
LIGHTHOUSE TRAVEL
800-719-9917 or 805-566-3905
http://www.lighthousetravel.com


Carnival Corporation & plc Realigns and Expands Its Capacity in the
British Cruise Market

* Cunard Orders New Enhanced Version of Queen Victoria for Early 2007
Service
* P&O Cruises to Take Delivery of a New Ship, the Arcadia, Originally
Scheduled to be the Queen Victoria, in 2005
* P&O Cruises and Princess Cruises Realign Their Fleets

MIAMI, April 5
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced today
that it is proceeding with a significant restructuring of its capacity
in the British market. Cunard Line's Queen Victoria, a ship under
construction in the Fincantieri Marghera Yard, will be transferred to
P&O Cruises and renamed the Arcadia. The new Arcadia is scheduled to
enter service in April 2005.
Cunard Line also announced that it has ordered an enhanced Queen
Victoria, also to be built by Fincantieri Cantieri Navali Italiani
S.p.A, which is now scheduled to enter service in January 2007. The
new Queen Victoria will accommodate some 1,850 passengers and is
expected to have an all-in cost of approximately euro 390 million. The
new Queen Victoria will be more consistent with the grand ocean liner
style of the Queen Mary 2 and Queen Elizabeth 2, and will include more
luxury suites and mini-suites, and more classic culinary experiences
including Queens and Princess Grills, and an upscale Todd English
alternative restaurant.

Like the Queen Mary 2 and Queen Elizabeth 2, the new Queen Victoria
will be marketed to passengers in both the United States and United
Kingdom, as well as to passengers in Australasia and Asia.

P&O Cruises, the leading cruise brand in the United Kingdom, will take
delivery of the new 1,968-bed Arcadia in April 2005. At 85,000 tons,
with an all-in cost of approximately #225 million she will be the
largest cruise ship built exclusively for the British market. The
ship, with 677 balcony cabins and alternative dining venues, will
raise the quality of the P&O fleet still further. Arcadia, which was
ordered prior to the combination of P&O Princess Cruises plc and
Carnival Corporation, was originally designed to provide a premium
British cruise experience and is well suited to delivering the P&O
Cruises product to its British customers.

To provide an alternative cruise product for the British market and to
satisfy the growing consumer demand for a more informal, upscale
cruise experience, the Princess Cruises brand, renowned for its state
of the art ships, informality, anytime dining and excellent
American-style service, will allocate more of its capacity to the UK
market. The 77,000-ton, 1,950-lower berth Adonia, currently sailing as
part of the four ship P&O Cruises fleet, will be transferred to
Princess Cruises in May 2005. This ship will reclaim the name Sea
Princess, which she was originally given at the time of her delivery
by Fincantieri to Princess Cruises in 1998, prior to her subsequent
transfer to P&O Cruises.

As the first Princess Cruises ship with itineraries tailored
specifically to meet the preferences of British passengers, Sea
Princess will spearhead an increase in Princess Cruises' capacity
dedicated to the UK market. She will operate cruises from the UK in
the summer and 14-day Caribbean cruises in the winter. These
itineraries will also be attractive to North American customers.

In May 2005, the Royal Princess, which currently sails for Princess
Cruises, will be renamed the Artemis and join the P&O Cruises fleet,
which will bring the number of vessels in the P&O Cruises fleet to
five. Already a classic medium-sized ship with all outside staterooms,
the 45,000-ton, 1,200- bed Artemis will be converted to a
British-style vessel prior to entering service for P&O Cruises.

The transfers of Adonia to Princess Cruises and the Royal Princess to
P&O Cruises will further increase the capacity growth of the
successful Princess brand to approximately 16 percent in 2005. The
average age of the Princess fleet will be reduced to approximately
four years, the percentage of the fleet's total number of cabins with
balconies will increase to 54 percent and the greater consistency of
the Princess fleet achieved with these transfers will further improve
its ability to provide personal choice cruising and anytime dining.

For P&O Cruises, the net effect of the transfer of ships will result
in a 2005 capacity increase of approximately 8 percent and almost 40
percent of the fleet's cabins will then have balconies, a feature
which has become so highly desirable by today's cruisers.

"The tremendous success of the Queen Mary 2, and the potential to grow
and offer further choice for UK cruise passengers, prompted these
changes. We will now have brands and ships that cater to all the
differing needs of the growing and diversifying United Kingdom
passenger base," said Peter Ratcliffe, chief executive officer of P&O
Princess Cruises International and an executive director of Carnival
Corporation & plc. "Cunard Line, P&O Cruises and Princess Cruises will
all benefit from these moves and the changes are a further fulfillment
of the fleet optimization opportunities offered by the recent
combination of P&O Princess Cruises plc and Carnival Corporation."

Carnival Corporation & plc is the only company in the world to be
included in both the S&P 500 and the FTSE 100 indices and most
recently was added to the NYSE U.S. 100 Index.

Traded on both the New York and London Stock Exchanges, Carnival
Corporation & plc is the largest cruise vacation group in the world,
with a portfolio of 12 cruise brands in North America, Europe and
Australia, comprised of Carnival Cruise Lines, Holland America Line,
Princess Cruises, Seabourn Cruise Line, Windstar Cruises, AIDA, Costa
Cruises, Cunard Line, Ocean Village, P&O Cruises, Swan Hellenic, and
P&O Cruises Australia.

Together, these brands operate 75 ships totaling more than 123,000
lower berths with nine new ships scheduled for delivery between April
2004 and mid- 2006. Carnival Corporation & plc also operates the
leading tour companies in Alaska and the Canadian Yukon, Holland
America Tours and Princess Tours. Additional information on Carnival
Corporation & plc is available from your travel professional.



  #2  
Old April 5th, 2004, 06:18 PM
Jim
external usenet poster
 
Posts: n/a
Default Carnival Corp Restructures the Fleet!

Actually the end of the PR is as follows:
Together, these brands operate 75 ships totaling more than 123,000 lower
berths with nine new ships scheduled for delivery between April 2004 and
mid-2006. Carnival Corporation & plc also operates the leading tour
companies in Alaska and the Canadian Yukon, Holland America Tours and
Princess Tours.
Additional information on Carnival Corporation & plc is available at
www.carnivalcorp.com http://www.carnivalcorp.com and www.carnivalplc.com
http://www.carnivalplc.com.

###



MEDIA CONTACTS: INVESTOR RELATIONS CONTACTS:
US US/UK
Carnival Corporation & plc Carnival Corporation & plc
Tim Gallagher Beth Roberts
1 305 599 2600, ext. 16000 1 305 406 4832

UK UK
Brunswick Bronwen Griffiths
Sophie Fitton/Sarah Tovey 44 (0) 23 8052 5231
44 (0) 20 7404 5959


Seems this Travel Agent does not wish you to have any contact
information other than contacting him. G
Jim


"Ray Goldenberg" wrote in message
...
Hi Everyone,

I received this press release from the Carnival Corporation and
thought it would be of interest. If you have missed any of my news'
postings, they are available on my web site.

Best regards,
Ray
SPAMMERHOUSE TRAVEL
800-719-***** or 805-566-******
http://www.Spammerhousetravel.com


Carnival Corporation & plc Realigns and Expands Its Capacity in the
British Cruise Market

* Cunard Orders New Enhanced Version of Queen Victoria for Early 2007
Service
* P&O Cruises to Take Delivery of a New Ship, the Arcadia, Originally
Scheduled to be the Queen Victoria, in 2005
* P&O Cruises and Princess Cruises Realign Their Fleets

MIAMI, April 5
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced today
that it is proceeding with a significant restructuring of its capacity
in the British market. Cunard Line's Queen Victoria, a ship under
construction in the Fincantieri Marghera Yard, will be transferred to
P&O Cruises and renamed the Arcadia. The new Arcadia is scheduled to
enter service in April 2005.
Cunard Line also announced that it has ordered an enhanced Queen
Victoria, also to be built by Fincantieri Cantieri Navali Italiani
S.p.A, which is now scheduled to enter service in January 2007. The
new Queen Victoria will accommodate some 1,850 passengers and is
expected to have an all-in cost of approximately euro 390 million. The
new Queen Victoria will be more consistent with the grand ocean liner
style of the Queen Mary 2 and Queen Elizabeth 2, and will include more
luxury suites and mini-suites, and more classic culinary experiences
including Queens and Princess Grills, and an upscale Todd English
alternative restaurant.

Like the Queen Mary 2 and Queen Elizabeth 2, the new Queen Victoria
will be marketed to passengers in both the United States and United
Kingdom, as well as to passengers in Australasia and Asia.

P&O Cruises, the leading cruise brand in the United Kingdom, will take
delivery of the new 1,968-bed Arcadia in April 2005. At 85,000 tons,
with an all-in cost of approximately #225 million she will be the
largest cruise ship built exclusively for the British market. The
ship, with 677 balcony cabins and alternative dining venues, will
raise the quality of the P&O fleet still further. Arcadia, which was
ordered prior to the combination of P&O Princess Cruises plc and
Carnival Corporation, was originally designed to provide a premium
British cruise experience and is well suited to delivering the P&O
Cruises product to its British customers.

To provide an alternative cruise product for the British market and to
satisfy the growing consumer demand for a more informal, upscale
cruise experience, the Princess Cruises brand, renowned for its state
of the art ships, informality, anytime dining and excellent
American-style service, will allocate more of its capacity to the UK
market. The 77,000-ton, 1,950-lower berth Adonia, currently sailing as
part of the four ship P&O Cruises fleet, will be transferred to
Princess Cruises in May 2005. This ship will reclaim the name Sea
Princess, which she was originally given at the time of her delivery
by Fincantieri to Princess Cruises in 1998, prior to her subsequent
transfer to P&O Cruises.

As the first Princess Cruises ship with itineraries tailored
specifically to meet the preferences of British passengers, Sea
Princess will spearhead an increase in Princess Cruises' capacity
dedicated to the UK market. She will operate cruises from the UK in
the summer and 14-day Caribbean cruises in the winter. These
itineraries will also be attractive to North American customers.

In May 2005, the Royal Princess, which currently sails for Princess
Cruises, will be renamed the Artemis and join the P&O Cruises fleet,
which will bring the number of vessels in the P&O Cruises fleet to
five. Already a classic medium-sized ship with all outside staterooms,
the 45,000-ton, 1,200- bed Artemis will be converted to a
British-style vessel prior to entering service for P&O Cruises.

The transfers of Adonia to Princess Cruises and the Royal Princess to
P&O Cruises will further increase the capacity growth of the
successful Princess brand to approximately 16 percent in 2005. The
average age of the Princess fleet will be reduced to approximately
four years, the percentage of the fleet's total number of cabins with
balconies will increase to 54 percent and the greater consistency of
the Princess fleet achieved with these transfers will further improve
its ability to provide personal choice cruising and anytime dining.

For P&O Cruises, the net effect of the transfer of ships will result
in a 2005 capacity increase of approximately 8 percent and almost 40
percent of the fleet's cabins will then have balconies, a feature
which has become so highly desirable by today's cruisers.

"The tremendous success of the Queen Mary 2, and the potential to grow
and offer further choice for UK cruise passengers, prompted these
changes. We will now have brands and ships that cater to all the
differing needs of the growing and diversifying United Kingdom
passenger base," said Peter Ratcliffe, chief executive officer of P&O
Princess Cruises International and an executive director of Carnival
Corporation & plc. "Cunard Line, P&O Cruises and Princess Cruises will
all benefit from these moves and the changes are a further fulfillment
of the fleet optimization opportunities offered by the recent
combination of P&O Princess Cruises plc and Carnival Corporation."

Carnival Corporation & plc is the only company in the world to be
included in both the S&P 500 and the FTSE 100 indices and most
recently was added to the NYSE U.S. 100 Index.

Traded on both the New York and London Stock Exchanges, Carnival
Corporation & plc is the largest cruise vacation group in the world,
with a portfolio of 12 cruise brands in North America, Europe and
Australia, comprised of Carnival Cruise Lines, Holland America Line,
Princess Cruises, Seabourn Cruise Line, Windstar Cruises, AIDA, Costa
Cruises, Cunard Line, Ocean Village, P&O Cruises, Swan Hellenic, and
P&O Cruises Australia.

Together, these brands operate 75 ships totaling more than 123,000
lower berths with nine new ships scheduled for delivery between April
2004 and mid- 2006. Carnival Corporation & plc also operates the
leading tour companies in Alaska and the Canadian Yukon, Holland
America Tours and Princess Tours. Additional information on Carnival
Corporation & plc is available from your travel professional.





  #3  
Old April 5th, 2004, 08:09 PM
Cruising Chrissy
external usenet poster
 
Posts: n/a
Default Carnival Corp Restructures the Fleet!

It's spamadvertising and its worst. So be it. Well supported here. All
dogs have their day.

Seems this Travel Agent does not wish you to have any contact
information other than contacting him. G
Jim


Ya' think?

Frankly, it is deceitful.

CC

================================================== =====


On Mon, 5 Apr 2004 10:18:33 -0700, "Jim"
wrote:

Actually the end of the PR is as follows:
Together, these brands operate 75 ships totaling more than 123,000 lower
berths with nine new ships scheduled for delivery between April 2004 and
mid-2006. Carnival Corporation & plc also operates the leading tour
companies in Alaska and the Canadian Yukon, Holland America Tours and
Princess Tours.
Additional information on Carnival Corporation & plc is available at
www.carnivalcorp.com http://www.carnivalcorp.com and www.carnivalplc.com
http://www.carnivalplc.com.

###



MEDIA CONTACTS: INVESTOR RELATIONS CONTACTS:
US US/UK
Carnival Corporation & plc Carnival Corporation & plc
Tim Gallagher Beth Roberts
1 305 599 2600, ext. 16000 1 305 406 4832

UK UK
Brunswick Bronwen Griffiths
Sophie Fitton/Sarah Tovey 44 (0) 23 8052 5231
44 (0) 20 7404 5959



 




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