Carnival Cruise Line's Resort Suddenly Doubles Capacity with Two Piers

Editorial Summary

Doug Parker reports on several updates regarding Carnival Corporation and its cruise brands. Carnival Cruise Line plans to expand its private destination, Celebration Key, located on Grand Bahama Island. The expansion involves extending the pier by adding two additional berths, which will allow the site to accommodate four Excel class ships simultaneously. This project requires a 100 million dollar investment, bringing the total cost of the destination to 600 million dollars. While the destination is expected to open in 2025, the final two berths are scheduled to open in 2026. Carnival projects welcoming 2.2 million guests in 2025 and aims for 4 million visitors by 2028. In other news, Cunard Line's newest ship, the Queen Anne, has completed 16 days of sea trials in Venice. The vessel underwent testing for propulsion and stabilizers and is scheduled to debut in early May with a christening in Liverpool on June 3rd. Additionally, the Carnival Jubilee will be christened in Galveston, Texas, by Gwen Stefani. The report concludes with a photo of the Carnival Mardi Gras in Grand Turk and a summary of stock market performance for major cruise lines.

Written by TripBacon from this video's transcript.