Micky ArisonIn 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

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

Carnival Cruise LineSeveral 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

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