![]() In 1974, due to regulatory issues, Riklis sold AITS's interest in the company to Arison for $1, but subject to Arison taking over the substantial company debts. AITS was to market and promote the new venture. Arison and Riklis set up the new company as a subsidiary of AITS. To finance the venture, Arison turned to his friend Meshulam Riklis, who owned Boston-based American International Travel Service (AITS). History Ĭarnival Cruise Line was founded in 1972 by Ted Arison. The North American division of Carnival Corporation has executive control over the corporation and is headquartered in Doral, Florida. ![]() Its headquarters are in Miami, Florida, United States. The ships fly flags of convenience: 17 of the ships fly the Panama flag and seven that of the Bahamas. It has 24 vessels and is the largest fleet in the Carnival group. In 2021, Carnival Cruise Line was estimated to hold a 7.6% share of cruise industry revenue and 18.2% of passengers. Company structure Carnival Cruise Line headquarters in Doral, FloridaĬarnival is one of ten cruise lines owned by the world's largest cruise ship operator, the American-British Carnival Corporation & plc. They have one more ship that will join the fleet in 2024, following a new joint venture deal between Carnival and Costa. Carnival is ranked first on the list of largest cruise lines based on passengers carried annually.Īs of December 2023, Carnival Cruise Line operates a fleet of 26 ships. This trademark funnel design is built onto the line's ships. Its logo is a funnel shaped like a whale's tail, with a red, white, and blue color scheme. The company is a subsidiary of Carnival Corporation & plc. Carnival Cruise Line is an international cruise line with headquarters in Doral, Florida.
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