* One Win, One Loss for Carnival Joint Ventures
There was movement today in two of Carnival Corp's proposed joint ventures with European companies. One is moving forward, and one is being withdrawn.
Both actions will have some indirect impact on cruisers in North American markets, even though they wouldn't have been likely customers of either new brand, because Carnival is/was planning to take ships from existing Carnival brands for the new ventures.
The Carnival/TUI joint venture to create a new upscale German line has been terminated. Carnival had been planning to take one "relatively modern" vessel from an existing Carnival brand to start the line. The specific ship was never specified but it was believed to be one only a couple of years old.
The Carnival/Orizonia joint venture transaction, however, will close next week. That will create a new line for the contemporary Spanish market called Iberocruceros initially consisting of the two current Iberojet ships (Grand Mistral and Grand Voyager) and Carnival's Celebration.
Details were in today's edition of Cruise News Daily
