Britain "financial pillar" for Carnival group

Although Carnival Corp & plc, the world's largest cruise shipping group, continued to seek growth in new source markets in the Far East and South America, traditional markets like the UK continue to play a major role in the future of the group, said Arnold. W. Donald, group ceo.

"The UK is a financial pillar for the group," Donald said at the presentation of the name of the new ship of P&O Cruises in London on Tuesday. The 143,000 gross ton ship will be called Britannia.

David Dingle, ceo of P&O Cruises and Carnival UK, said that the British market remains demand driven and it has recorded an average growth rate of 5% from 2008. Last year, however, the market's growth effectively stalled at 1.7 million passengers, but then again no new ships were introduced to target the market.

Britannia will be the eight ship of P&O Cruises and it will grow the capacity of the brand by 24% when it will enter service in March 2015. Dingle forecast that the British market may grow to 2.0 million to 2.5 million passengers by the year 2020. The introduction of Britannia appears well timed as the economic cycle in the country is strengthening.

 

P&O Cruises name newbuilding Britannia

P&O Cruises, part of the Carnival Corp & plc group, have decided to name their 143,000 gross ton newbuilding Britannia, P&O Cruises' chief executive David Dingle said in a presentation in London.

The name was first used by P&O in 1887, when it was allocated to a member of the Jubilee class that also comprised Arcadia, Oceana and Victoria. The two first names are currently used by P&O Cruises.

Carnival Corporation & plc adds McKinsey's Leibowitz to company's senior staff as Ames retires

Carnival Corporation & plc today announced Josh Leibowitz as the company's executive vice president of group strategy and corporate operations, effective October 1.

Leibowitz, 42, comes to Carnival from the consulting firm McKinsey, where he served as its managing partner of the Miami office and the leader of the company's work in big data and channel management -- experience that will be important as Carnival strengthens its marketing and customer relationship capabilities.

Leibowitz succeeds Richard Ames, senior vice president of corporate business services, who is retiring after 24 years of service.

"Richard has been a tremendous asset to our company and we thank him for his significant legacy, undivided loyalty and dedicated service," said Howard Frank, chief operating officer and vice chairman of Carnival Corporation & plc. "Josh was the first person who came to mind for this role given his tremendous experience with McKinsey."

Before joining McKinsey in 2001, Leibowitz was a managing director at Idealab, where he ran early stage e-commerce companies. He began his career as an entrepreneur founding retail, wholesale and e-commerce businesses.