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Goldring Travel Blog – Making Waves

Cruise & Travel News, Reviews, Opinions, Deals & More

Cruise Lines’ Fuel Supplements Suspended by Carnival Corp.

With oil prices having plummeted to $46 a barrel, Carnival Corp. has suspended (not eliminated) its fuel supplement for all of its major brands: Seabourn, Cunard, Holland America, Princess, Costa and Carnival. This is how it will work:  A refund of the fuel supplement will be made in the form of a shipboard credit for all

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Carnival Corp.’s Response to Anticipated Cash Flow Reductions: Shareholders, Not Passengers, To Feel the Pinch

Carnival Corp. (owner of Carnival, Princess, Costa, Holland America, Cunard and Seabourn) announced yesterday that it was suspending the distribution of dividends for 2009; not because of a lack of profitability – Carnival’s products are, and are projected to remain, profitable – but because of a change in cash flow and cruising habits on most

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