Please ensure Javascript is enabled for purposes of website accessibility

Carnival Cancels Some Cruises as Far Off as 2023

By Rhian Hunt - Updated Jan 25, 2021 at 4:47PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The cruise company drops some advance bookings and reshuffles its winter itineraries.

As the cruise industry continues to wrestle with the fallout from COVID-19, Carnival (CCL -6.41%) (CUK -6.50%) announced this morning it's canceling more cruises, including some as far out as 2023. The company has also changed some of the winter itineraries still technically in place at the moment, causing a dip in its share value during morning trading.

The most far-reaching cancellations were for voyages out of San Diego aboard the Carnival Miracle, the majority of which have been dropped, including those booked as far out as April 2023. The sailings are now canceled until further notice, except for seven Hawaiian cruises. Even these, however, have been shifted to Long Beach, California, rather than the originally planned San Diego departures.

The Carnival Sapphire Princess sailing off the coast of Alaska.

Image source: Getty Images.

Other Carnival ships (the Magic, Paradise, and Valor) won't resume sailing until November of this year. The Carnival Radiance will also remain idle until November, when it will be moved to Long Beach, which it will share with the Carnival Miracle.

While the rescheduling necessarily involves numerous cancellations of booked trips, Carnival is also adding some short cruises for winter 2021. Starting in November 2021, it will offer 4-day and 5-day packages from Long Beach to Mexico aboard the Carnival Miracle, in between Hawaiian sailings.

Just a few days ago, all the major cruise companies agreed to postpone sailings until May 1 at the earliest. The news comes as new COVID-19 infections are said to be declining in 48 out of 50 states, as vaccines gradually move the population toward herd immunity.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Carnival Corporation Stock Quote
Carnival Corporation
$13.92 (-6.41%) $0.95
Carnival Corporation Stock Quote
Carnival Corporation
$12.95 (-6.50%) $0.90

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning service.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 05/18/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.