Carnival Cruise Lines Gets Approval to Travel to Cuba

Carnival (CCL) has received permission to send travelers to Cuba.

carnival-cruise-cuba-cclCarnival’s permission to travel to Cuba was granted by the country’s authorities. The company is planning to set its first trip for the country in May 2016. However, it still can’t set up cruises to Cuba due to an embargo, reports USA Today.

Travelers that are looking to head to Cuba on one of Carnival’s ships have to meet one of 12 requirements to travel without a license. This includes traveling for educational reasons, people-to-people exchanges and more. The trips will be handled by the company’s single Fathon ship, which can hold 710 passengers, USA Today notes.

“This will be the first time in well over 50 years that a cruise line can take passengers to Cuba and return,” Arnold Donald, CEO of Carnival, told The Wall Street Journal.

CCL shares were up slightly as of Tuesday afternoon.

More From InvestorPlace


Article printed from InvestorPlace Media, https://investorplace.com/2015/07/carnival-cruise-cuba-ccl/.

©2021 InvestorPlace Media, LLC