Carnival like many of its counterparts from the cruise industry sector suspended sailings in March due to traveling restrictions across the globe aimed at minimizing the spread of the virus.
The company has reached agreements to dispose of nine ships, which were previously expected to be sold over the coming years.
Furthermore, speaking at a conference call on Friday, July 10, Carnival’s President and Chief Executive Officer Arnold Donald said that the company is negotiating the delay in delivery of 16 ships on order as part of its efforts of reducing capex in the upcoming period.
