Robin Farley, a well respected Wall Street analyst for UBS Investment Research, recently predicted a two ship expansion for Carnival Corporation by 2017.
In her letter to a group of cruise industry investors, Farley predicts Carnival Corporation will place an order for two new ships by the end of August with an expected delivery sometime in 2017. Farley continues in the letter stating the two best suited lines for the new orders would be Princess Cruises and Costa Cruises. By 2017, both lines will not have taken possession of a new ship in nearly three years.
Currently, Carnival Corporation’s other brands, including Carnival, Holland America Line, and Seabourn have ships on order with expected delivery dates in early and late 2016. Farley states Carnival Corporation would most likely place the two orders to increase capacity, allowing the