Carnival to ditch 18 ships in total as US cruises remain banned amid COVID-19 pandemic

Carnival Corporation will part with a total of 18 cruise ships in the next few months — 12% of its fleet — as it continues to cut costs while cruising in most of the world remains banned.The company announced an adjusted third-quarter loss of $1.7 billion in a financial filing Tuesday, six months after it first announced it was shutting down operations amid the COVID-19 pandemic. The company had previously announced in July it would part with 15 ships. The move to speed up efforts to slim capacity comes as cruises in the U.S., the company’s most lucrative market, remain banned by the U.S. Cent…

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HEDGE accordingly