Our Timeline

Carnival Cruise Line is founded by entrepreneur Ted Arison as part of a subsidiary of Boston-based American International Travel Service (AITS) with a converted transatlantic ocean liner that is renamed the Mardi Gras.

Arison purchases Carnival for $1 and the assumption of AITS’ $5 million in debt.

After growing steadily through the acquisition of existing tonnage, Carnival stuns the cruise industry with its plans to build the Tropicale, which entered service in 1982 and fueled an industry-wide shipbuilding boom.

Carnival becomes the first cruise line to advertise on network TV with the premiere of a new advertising campaign starring company spokesperson Kathie Lee Gifford (then Johnson).

Carnival completes an initial public offering of 20% of its common stock, generating approximately $400 million. This influx of capital allowed the company to begin expanding through acquisition.

Carnival purchases premium cruise operator Holland America Line and Westours (now called Holland America Princess Alaska Tours), the leading tour company in Alaska and the Canadian Yukon.

Carnival purchases a 25% stake in ultra-luxury Seabourn Cruise Line, which at the time consisted of two 208-passenger all-suite vessels. Carnival’s ownership in Seabourn increased to 50% in 1996 and the company assumed full ownership in 1999.

The company changes the name of its parent company to Carnival Corporation to distinguish between it and its flagship cruise line.

Carnival Corporation acquires 50% of Costa Cruises, Europe’s leading cruise company, and takes 100% ownership of the Italian cruise operator three years later.

Carnival Corporation acquires a 68% stake in the venerable Cunard Line, operator of the famed Queen Elizabeth 2 (Carnival purchases the remaining 32% share of Cunard in 1999 and simultaneously takes 100% control of Seabourn).

A combination of Carnival Corporation and P&O Princess Cruises – which includes Princess Cruises, P&O Cruises, AIDA Cruises, P&O Cruises Australia and tour operator Princess Tours – is completed, creating the first global cruise company.

Carnival Corporation leaders ring the closing bell at the NYSE on April 22, signaling the end of the first day of trading of Carnival Corporation and Carnival plc shares (symbol: CCL) on the New York and London stock exchanges.

In Almere, Netherlands, Carnival Corporation’s Center for Simulator Maritime Training (CSMART) is opened. CSMART establishes itself as a world-class training center, featuring the most advanced simulator equipment, technology and instructional tools to provide its deck and technical officers with a superior maritime training experience.

Carnival Corporation & plc announced on June 25 its plan to split the roles of chairman and chief executive officer, effective July 3, 2013, with Micky Arison serving as Chairman of the Board of Directors and Arnold W. Donald, a member of the Board of Directors, assuming the role of CEO.

Carnival Corporation debuts its first-ever Super Bowl TV commercial as part of a new multi-brand national marketing initiative.

Carnival Corporation opens the Arison Maritime Center, home of a new and expanded Center for Simulator Maritime Training Academy (CSMART), which is the most progressive maritime center of its kind in the world for training and continually improving industry-wide safety, sustainability and operational excellence.

Carnival Corporation makes history as the first travel company to deliver the opening keynote at CES, the world’s largest consumer technology event, announcing OceanMedallion – the world’s first interactive guest experience platform capable of transforming vacation travel with a highly personalized and elevated level of customized service on a large scale.

Carnival Corporation announces the expansion of its global Fleet Operations Centers with the opening of a new facility in Seattle. The company’s first Fleet Operations Center – opened in Hamburg, Germany in 2015 – works in conjunction with the Seattle facility to provide real-time support for its 90+ ship fleet, the largest in the cruise industry. It also announces that a third Fleet Operations Center will open in Miami in 2018.

Josh Weinstein takes over as Carnival Corp. & plc CEO.

Carnival Corporation orders five new ships for Carnival Cruise Line to be delivered between 2027 and 2033, including a new class of next-generation ship that will be able to deliver fun to more guests than any ship in the world.

Carnival Corporation reduced its absolute greenhouse gas emissions by ~11% vs. its peak historical year (2011) and cut per-person food waste by 44% avoiding $250 million in surplus food costs since 2019 as part of its Less Left Over strategy.

Carnival Corporation strategically realigned its portfolio to absorb P&O Cruises Australia into Carnival Cruise Line to have four ships in the South Pacific region, including three ships delivering year-round service.

Carnival Corporation opens $600 million Celebration Key, its new exclusive destination in Grand Bahama featuring the Caribbean’s largest freshwater lagoons, over 1.5 miles of white sand beach, and the world’s largest swing and swim-up bar and the world’s largest sandcastle.