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Carnival Corp. The decision comes during a halt in cruising since March, when the lines stopped sailing the day before a no-sail order went into effect in the United States.
It has not disclosed which cruise lines the ships are from or to whom they are being sold. The company also will delay delivery of new ships scheduled for as a cost-saving measure.
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Carnival lines account for 45 percent of the world's cruise industry, according to the travel-focused site the Points Guy. The CDC has implemented a ban through September and is expected compzny extend it, preventing cruise ships with a capacity carnival parent company passengers or more from operating in U.
Carnival CEO Arnold Donald said in the filing that the sales 'will generate a 12 carnival parent company reduction in capacity and a structurally lower cost base, while retaining the most cash-generative assets in our portfolio. Ships that are retired from cruising typically get sold to other lines, according to cruising website Cruise Critic - or they can be sent to junkyards for scrapping.
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