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Carnival cuts ties with former CEO of Costa Cruises, paying him $1.7 million

MIAMI - Carnival Corp. is cutting ties with the former CEO of Costa Cruises, sending him off with 1.25 million euros ($1.7 million). Costa owns the Concordia cruise ship that capsized off Tuscany in early 2012 with more than 4,000 people on board. Thirty-two people died. Pier Luigi Foschi (pee-EHR loo-EE-jee FOHS-kee) was CEO of Costa at the time, he retired as CEO six months after the disaster. Parent company Carnival, which is based in Miami, later named Foschi head of its business in Asia.

Carnival posts small 4Q profit as a few passengers begin to return after mechanical woes

Carnival Cruise Lines posted a small but surprising fourth-quarter profit as it began to win back passengers after a year when its ships were often seen in the news behind tow boats. Carnival has had two rough years, with the Contra Concordia running aground near Italy in 2012, and mechanical problems and fires this year. The bad publicity is still hurting the company. Net income for the fourth quarter fell 29 per cent to $66 million, or 8 cents per share, compared with a year earlier when it earned $93 million, or 12 cents per share.

Lawsuit: Carnival knew fire risk, changes were recommended before power lost on cruise ship

MCALLEN, Texas - Carnival Cruise Lines knew about the risk of leaks from engine fuel hoses and recommended taking precautions on the ill-fated Carnival Triumph that later caught on fire at sea, according to court documents. A compliance notice report sent to the Triumph one month before it departed Galveston on Feb. 7 for what was planned as a four-day cruise recommended spray shields be installed on engines' flexible fuel hoses, according to the documents filed Tuesday by Carnival Cruise Lines in federal court in Miami.

Woman on Hawaii-bound cruise jumps overboard, presumed dead

By Eric M. Johnson (Reuters) - An American woman in her 50s on a Hawaii-bound cruise ship leaped overboard on Wednesday afternoon in a bid to kill herself and is presumed dead, a spokeswoman for Princess Cruises said. A passenger and a security camera saw the woman jump off the 1,300-cabin Grand Princess ship into the Pacific Ocean about 650 miles northeast of Hilo, Hawaii, at about 2 p.m. PST, Princess Cruises spokeswoman Julie Benson said.

Carnival shifts management team after mishaps tarnish image

Carnival is shaking up its management team in an effort to rebuild after several mishaps drove passengers away. The company said Monday that its chief operating officer will take on a new role as special adviser to the CEO and chairman. It also named a new CEO for its Holland America unit and a new president of Princess Cruises. Carnival named a new CEO in June.

Royal Caribbean set for strong 2014 as Europe cruise demand rises

By Chris Peters (Reuters) - Royal Caribbean Cruises Ltd <RCL.N> reported strong bookings for 2014 as more vacationers opted for its Europe cruises, helping the world's second-largest cruise operator take market share from Carnival Corp <CCL.N>. Royal Caribbean shares rose 5 percent in afternoon trading, after the company reported better-than-expected quarterly results and raised its 2013 earnings forecast.

Six-year-old drowns aboard Carnival Cruise ship

MIAMI (Reuters) - A 6-year-old Florida boy drowned over the weekend in a crowded swimming pool during a family getaway aboard a Carnival Cruise ship, authorities said on Monday. "The boy was apparently playing with his 10-year-old brother in the pool when they suddenly found him at the bottom," said Detective Javier Baez of the Miami-Dade Police Department. "They attempted to administer CPR however, unfortunately, they were not successful," Baez said.

Royal Caribbean cruise ship call centre in Springfield hiring 200 for customer service

SPRINGFIELD, Ore. - Royal Caribbean International plans to hire 200 people by the end of the year for its customer contact centre in Springfield. The Register-Guard reports ( that will bring employment to about 800 workers. Pay ranges from about $10 to $14 an hour for jobs working with travel agents and cruise ship customers. ___ Information from: The Register-Guard,

Vacationers still avoid Carnival after ship strandings; cruise operator cuts revenue outlook

NEW YORK, N.Y. - Lingering images of passengers stranded at sea for days as toilets back up and air conditioners fail has been enough to keep vacationers away from Carnival Cruise Lines, even as the company continues to discount sailings. The cruise industry has mostly rebounded from the economic downturn but Carnival Corp.'s namesake brand can't seem to shake a spate of bad publicity from earlier this year when three ships suffered mechanical problems and fires.

Carnival's Costa brand to take three years to recover

By Luisa Porritt and Rhys Jones LONDON (Reuters) - Carnival Corp <CCL.N> said it will take up to three years for its Costa brand to recover its reputation and profitability after its Concordia ship sank off the Italian coast last year. "There are a lot of great brands that have had setbacks and they've recovered ... but the economic situation in southern Europe isn't helping," Carnival chairman Micky Arison said at a press conference in London on Tuesday.
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