Carnival Expands in Australia
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced plans to expand in Australia, one of the fastest growing markets in the cruise industry. With Australian cruise passenger numbers having increased 130%in the past five years and projections of 800,000 cruise passengers in 2013 growing to one million by 2016, P&O Cruises (Australia), one of Carnival Corporation’s 10 brands, will add two ships to its fleet in 2015. With a total of five ships, P&O Cruises will establish…