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Carnival Corporation

World's leading cruise ship company.

Headquarters:
3655 NW 87th Ave.
Miami, FL 33178
Employees: 75,000+
CEO: Micky Arison
Stock Symbol: CCL

Carnival Corporation is the world's leading cruise ship company with separate brands that are the leading cruise operators in North America, Europe and Australia. Brands include: Carnival Cruise Lines, Holland America Line, Princess Cruises and Seabourn Cruise Line in North America; P&O Cruises, Cunard Line and Ocean Village in the United Kingdom; AIDA in Germany; Costa Cruises in southern Europe; and P&O Cruises in Australia.

Together, these brands operate 84 ships totaling 156,000 berths with another 20 under construction and set for delivery by 2011. Carnival also operates the leading tour companies in Alaska and the Canadian Yukon, Holland America Tours and Princess Tours.

Here are the number of company's ships by brand:

Carnival Cruise Lines (22 ships)
Princess Cruises (16 ships)
Holland America Line (13 ships)
Costa Cruises (12 ships)
P&O Cruises (5 ships)
Cunard Line (2 ships)
Seabourn Cruise Line (3 ships)
Ocean Village (2 ships)
AIDA (4 ships)
P&O Cruises Australia (3 ships)
Iberocruceros (2 ships)

In fiscal 2006, Carnival reported record revenues of $11.8 billion and net income of $2.3 billion. The company carried 7.0 million passengers on its ships in 2006, up from 6.8 million in 20045.

History

Although the name Carnival Corporation didn't come into existence until 1993, the foundation for the company was laid when its flagship brand, Carnival Cruise Lines, was formed in 1972 by cruise industry pioneer, the late Ted Arison.

After achieving its position as the world's most popular cruise line, Carnival made an initial public offering of 20 percent of its common stock in 1987, which provided the influx of capital that allowed the company to begin expanding through acquisition.

Over the past two decades, Carnival has acquired companies in virtually every market segment of the cruise industry, including premium operator Holland America Line in 1989 (the purchase also included niche cruise line Windstar Cruises and Alaskan/Canadian tour operator Holland America Tours); luxury brand Seabourn Cruise Line in 1992; contemporary operator Costa Cruises, Europe's leading cruise company, in 1997; and premium / luxury operator Cunard Line in 1998, which built the world's largest ocean liner, the 150,000-ton Queen Mary 2.

On April 17, 2003, agreements were finalized to combine Carnival Corporation with P & O Princess Cruises plc, creating a global vacation leader with 12 brands encompassing 66 ships and more than 100,000 lower berths, making it one of the largest leisure travel companies in the world. The company has listing on both the New York and London Stock Exchanges.

Benefits

- Medical, Dental & Vision Insurance Packages
- Basic & Supplemental Life Insurance Plans
- Short & Long Term Disability Plans
- 401k
- Employee Assistance Program
- Tuition Reimbursement Program
- Discounted Travel Program

Updated October 24, 2007