Carnival Corporation & plc, the world’s listed cruise shipping group, said it plans to accelerate disposals of ageing vessels with six vessels to be offloaded in the next three months.
“In connection with its capacity optimization strategy, the company intends to accelerate the removal of ships in fiscal 2020 which were previously expected to be sold over the ensuing years. The company already has preliminary agreements for the disposal of six ships which are expected to leave the fleet in the next 90 days and is currently working toward additional agreements,” the company said, adding that it is also working on potential sales of non-ship assets.
The group has a fleet of about 100 ships.
On the newbuilding side, the company previously had four ships scheduled to be delivered between May and October this year. “The company believes COVID-19 has impacted shipyard operations and will result in delivery delays of the ships this year and is working with the shipyards on revised timing. The company has committed future financing, comprised of ship export credit facilities, associated with these newbuilds,” it said.