In an exclusive story, Cruise Law News has learned that cruise industry giant Carnival Corporation plans to incorporate its business in the United States (in Florida). Carnival intends to announce this historic development tomorrow, April 2nd, at Carnival’s headquarters in Miami.
Since 1972, Carnival has incorporated its business and registered its cruise ships in the
President Trump announced a list of “Great American Economic Revival” industry groups at the coronavirus briefing on Tuesday. He said that the groups will advise the White House on reopening the economy after the shutdown necessitated by the COVID-19 pandemic.
The Great American Economic Revival Cruise Industry Group
This week the White House has
At the televised coronavirus press conference this morning, President Trump announced that he is considering using Carnival Cruise Line ships as floating hospitals for coronavirus patients. President Trump stated that he 
received a “generous offer” from Carnival Corporation’s Chairman Micky Arison.
Trump further stated that he will be speaking with the governors of the state
Yesterday a lawyer from Seattle Washington filed a motion on behalf of three victims of Carnival’s pollution seeking status under the Crime Victims’ Rights Act (CVRA). Seattle attorney Knoll Lowney argues that his three clients, all affected by Princess Cruise Line’s and its parent Carnival Corporation’s pollution, want more transparency in the case.
The victims’
On Friday, May 24th, United District Court Judge Patricia Seitz, who is presiding over the pollution case pending against Princess Cruises, ordered all members of the Carnival Corporation & plc Executive Committee of the Board of Directors to appear at a hearing scheduled for June 3, 2019 at the federal courthouse in Miami.
The hearing
The popular Crew Center website reports today on a fight which broke out on a recent Carnival cruise. In a blog titled Chairs Start Flying in Brawl on Cruise Ship, Crew Center says that:
"Irie Namma captured a video (posted on YouTube and posted below) of a fight at Lido deck restaurant on cruise ship. The
In an exclusive story, Cruise Law News has learned that cruise industry giant Carnival Corporation plans to incorporate its business in the United States (in Florida). Carnival intends to announce this historic development tomorrow, April 2nd, at Carnival’s headquarters in Miami.
Since 1972, Carnival has incorporated its business and registered its cruise ships in the
According to the SEC, Royal Caribbean CEO Richard Fain (below right) sold 87,488 shares of his RCL stock at an average price of $76.41, for a total value of $6,684,958.08.
After the transaction, cruise executive Fain still owns 1,139,613 shares of his cruise line stock valued at approximately $87,077,829.33.
I wrote a similar article
Carnival Corporation Chairman Micky Arison reportedly just sold 10,000,000 (million) shares of Carnival stock for approximately $433,700,000 (million).
The stock transaction was a "block sale" performed by a trust to benefit Arison. All of Arison’s shares reportedly are held either directly or indirectly in various trusts.
By June of last year, Arison had unloaded over $490,000,000
Carnival Chairman and major stockholder Micky Arison sold 212,474 shares of Carnival stock on Friday, September 19th at an average price of $40.22 for a total of $8,545,704.28, according to the Securities & Exchange Commission.
Yes, this is a serious amount of money. But its peanuts for this cruise tycoon.
By last June, Arison
In the last week, Carnival’s Micky Arison sold over $78,000,000 of his cruise line’s stock.
On June 6th, Arison sold 961,717 shares of the cruise company’s stock at an average price of $40.24, for a total value of $38,699,492.08.
On June 10th, Arison sold 992,369 shares at an average price of $40.35, for a total value
In an exclusive story, Cruise Line News has learned that cruise industry giant Carnival Corporation recently incorporated its business in the United States (in the state of Delaware). Carnival intends to announce this historic development tomorrow, April 2nd, at Carnival’s headquarters in Miami.
Since 1972, Carnival has incorporated its business and registered its cruise ships
Last week I wrote an article about Royal Caribbean CEO and President Adam Goldstein cashing in over $2,300,000 worth of Royal Caribbean stock, still leaving him with around $19,000,000 worth of his company’s stock.
It’s difficult to justify the enormous wealth of the cruise executives given the fact that the cruise business is rigged to
Its been nearly two years since the Concordia recklessly crashed into the rocks surrounding the little port of Giglio, killing 32 passengers and crew and terrorizing thousands.
The officers of the operator of the cruise line, Costa, and the owners of the owner, Carnival corporation, quickly dumped 100% of the blame on the now disgraced
Several news sources are reporting changes in the executive ranks at Carnival Corporation and its brands, Princess Cruises and Holland America Line.
Carnival Vice Chairman and Chief Operating Officer (COO) Howard Frank will step down. He is slated to be an adviser to CEO Arnold Donald and Chairman Micky Arison. Jan Swartz becomes the new president of Princess
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Cruise lines hate U.S. governmental scrutiny of their business operations.
The whole purpose of incorporating their businesses and flagging their cruise ships in foreign countries is to avoid U.S. taxes and the scrutiny of federal regulators. This business model permits the cruise lines to pay virtually no U.S. taxes and to avoid U.S. wage, labor
Under public criticism and pressure initiated by U.S. Senator Rockefeller, Carnival announced today that it will reimburse the federal government for costs of over $4,000,000 incurred by the U.S. Coast Guard and U.S. Navy in responding to its Triumph and Splendor cruise ships.
Senator Rockefeller set his sights on the cruise industry at a Senate
As I mentioned earlier, Carnival responded to Senator Rockefeller’s letter inquiring into the cruise line’s avoidance of U.S taxes and its refusal to reimburse federal agencies for services rendered with what I characterized the other day as a "screw you!" letter.
Today news sources are reporting that Senator Rockefeller characterized Carnival’s response as "shameful."
