Carnival Corporation CEO Arnold Donald recently stated on the cruise giant’s second quarter and business update call that Carnival Cruise Line is expected to operate at “110 percent occupancy” for the summer season. He stated “Carnival Cruise Line also became our first brand to sail its entire fleet in May and is expecting occupancy to

Yesterday, CNBC reporter Seema Moody tweeted that Carnival Corporation (“Carnival”) was “in discussions to sell (its) Seabourn brand to the Saudi sovereign wealth fund.”

This development seems to have surprised some people, but is understandable in light of Carnival’s considerable financial troubles.

This week started ominously for Carnival with its stock (CCL) falling to