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Princess Cruises

August 24, 1999 | From Reuters
U.S. cruise giant Carnival Corp., which last year took control of Cunard Line, said Monday that it has held talks with the parent of Los Angeles-based Princess Cruises, a smaller rival in the world's consolidating leisure-cruising sector. A Carnival spokesman gave no details of the talks, but London's Mail on Sunday newspaper said Miami-based Carnival had offered $11 billion to buy London-based Peninsular & Oriental Steam Navigation.
Princess Cruises, the world's third-largest cruise line, will consolidate operations in Valencia in early 2001, moving its corporate headquarters from Century City to about 160,000 square feet of space leased from Newhall Land & Farming Co. The consolidation comes as Princess embarks on a $3-billion shipbuilding program that will nearly double its size. The line has three ships on order and on Tuesday announced plans for four more. It currently operates nine ships.
June 24, 2012 | By Catharine Hamm, Los Angeles Times
Question: We were scheduled to embark March 18 on a southern Caribbean cruise with Princess Cruises. Princess canceled the cruise March 15 because of a mechanical failure. Although we were given a refund for the cost of the cruise, Princess would not refund the cost of the airfare, booked separately, to San Juan, Puerto Rico. Per a telephone conversation two weeks ago, I was told that they would refund only the airline change fee. I find this unacceptable. Can anything be done?
June 25, 2013 | By Andrew Khouri
Carnival Corp. said its decades-long chief executive who was at the helm as the firm became the world's largest cruise company -- and faced recent crises as its ships faced highly publicized safety problems -- will step down. The Miami firm said Tuesday that Micky Arison, 63, will leave his CEO post July 3 but stay on as chairman of the board in a move that splits the two positions. Arnold W. Donald, 58, a 12-year member of its board, will replace Arison as chief executive. Arison became chief executive in 1979, before the company went public, and guided it through its arrival on Wall Street and several major acquisitions, including Princess Cruises, Holland America and Costa Cruises.
June 7, 2004 | From Times Wire Reports
The cruise ship Island Princess left Whittier after the vessel was scrubbed down following an outbreak last week that sickened more than 400 passengers and crew members. The Princess Cruises ship was heading to Vancouver, Canada, with a new set of passengers, cruise line officials said. On the previous voyage, 375 passengers and 49 crew members complained of Norwalk virus-like symptoms, said Julie Benson, a Princess Cruises spokeswoman.
April 17, 2003 | From Dow Jones / Associated Press
Shareholders of P&O Princess Cruises overwhelmingly approved the company's $5.5-billion agreement to be acquired by Carnival Corp. Starting today, P&O and Carnival will operate as a dual-listed company. Its shares will trade on the London Stock Exchange as Carnival PLC, and on the NYSE as Carnival Corp.
January 11, 2008 | From Times Wire Reports
Improper training and bad steering by a Princess Cruises ship's second officer caused the vessel to tilt suddenly in 2006, injuring almost 300 people, the National Transportation Safety Board determined. The NTSB said the Crown Princess' captain and crew failed to realize how fast they were going in shallow water, which threw the ship off course. The second officer disengaged the autopilot to correct it, then steered the wrong way, the board determined in Orlando. Princess Cruises apologized to passengers and said it had already made changes requiring further navigation training for crews and better oversight for deck officers.
March 21, 2004
Mike Matthews of Rancho Palos Verdes checks out a brochure for the new 116,000-gross-ton Diamond Princess, the largest cruise ship based at the Port of Los Angeles, Princess Cruises says. The 2,670-passenger vessel, shown above, last weekend began weeklong Mexican Riviera cruises. It shifts to Seattle in May for Alaska voyages, returning to L.A. in the fall. (800) 774-6237,
Coveting the 600 jobs and the estimated $2.7 million it would bring to the city annually if Princess Cruises moved its headquarters here, the City Council voted Tuesday night to assure the company it would pay no business tax for at least 15 years. The 5-0 vote to offer the promise or "declaration of intent," however, is not legally binding on future councils, according to City Atty.
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