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Carnival Shares Sink Amid Big Loss CFO Says Cruise Operator Has Cash to Survive 2021

Order Reprints Print Article The CEO said Carnival has yet to decide whether to require that passengers be vaccinated. Daniel Slim/AFP via Getty Images Text size Cruise operator Carnival on Monday reported a fiscal fourth-quarter net loss of $2.2 billion, but its chief financial officer said that it has enough liquidity to get through 2021 “even in a zero-revenue environment.” Like its other U.S.-based peers, Carnival (ticker: CCL) has for the most part been shut down since mid-March of last year due to the pandemic, though it has had limited sailings in Europe recently. Carnival CEO Arnold Donald said during a conference call with analysts Monday that he hopes to have the company’s entire fleet operating by the end of the year. But that remains to be seen given the recent spike in Covid-19 cases, the complexity of the conditional sail order issued by the Centers for Disease Control and Prevention last October, and the slower-than-e

Carnival Corporation postpones more cruises, with some restarting this month – Travel Weekly

Carnival Corporation postpones more cruises, with some restarting at the end of January – Travel Weekly

6 Incredible Reasons To Visit Amber Cove

3. Stunning Beaches The Dominican Republic’s beaches are exquisite. The closest one is Maimon, a fifteen-minute walk from the cruise port. Be sure to have your cruise card and a valid ID with you before embarking on the journey. Maimon is perfect for relaxing in the soft sand, reading a book, taking a nap, or cooling off in the water. If you don’t mind springing for a taxi, I recommend Sosua Beach, about 30 minutes away from the port and minutes from historic downtown Puerto Plata. The water is stunning, with layers of blues, and it is a decent spot for snorkeling, which isn’t too strenuous at this beach. There are places you can rent jet-skis, too. A little further away is Cabarete Bay, great for watching kites and wind-surfers and seeing huge waves.

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