Carnival Corporation to build state-of-the-art Campus in the Netherlands

Carnival Corporation & plc, the world’s largest cruise company, announced today it has signed a letter of intent to purchase land in Almere, Netherlands, with plans to build a state-of-the-art Carnival Campus and Center of Excellence. The centerpiece of the campus will be a new and larger Center for Simulator Maritime Training (CSMART), which is Carnival Corporation’s world-class maritime training and research facility, also based in Almere. The facility is used by all 10 of its worldwide cruise brands for professional maritime training, professional development and research.

Carnival signed the letter of intent with the Dutch property group AMVEST Vastgoed B.V. in Holland for the purchase of a seven-acre property along the coast of the Netherlands in DUIN, a planned business and residential community in Almere, one of Europe’s newest and fastest growing cities, conveniently located on the outskirts of Amsterdam. Cushman & Wakefield acted on behalf of Carnival Corporation as their real estate advisor.

“Carnival has established a world-class center for maritime training and research at our current facility, and our plans to build a new facility will help us continue our mission,” said Captain Hans Hederstrom, CSMART’s managing director.

“Carnival is a great partner with our city, and we are excited to continue growing the relationship between Carnival and the city of Almere,” said Almere Alderman Henk Mulder. “We will continue to work closely with the Carnival team to move the process forward, and we look forward to eventually seeing what we know will be a campus and facility that will not only be a superb addition to our city, but will also have an important economic impact.”

“We are very pleased to have the Carnival facilities as the first anchor in DUIN, our 250-acre development on Almere’s lake shore,” said AMVEST Vastgoed B.V. CEO Wienke Bodewes.“This unique environment of dunes and beaches, with a marina and a boulevard, apartments, shops, offices and other features, fits perfectly with a maritime enterprise like Carnival.”

Carnival’s facility, which opened in July 2009, features the most advanced equipment and instructional tools available for captains, officers and engineers, providing participants with a superior maritime training experience that fosters critical thinking, problem solving, ethical decision-making and confidence. Carnival’s advanced technology, which includes simulators capable of recreating almost any port in the world, and revolutionary approach to teaching has made it the industry leader in delivering high-quality professional maritime training in areas such as bridge and engineering management.

Carnival Corporation & plc is the largest cruise company in the world, with a portfolio of cruise brands in North America, Europe, Australia and Asia, comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, P&O Cruises (Australia) and P&O Cruises (UK).

Together, these brands operate 101 ships totaling 208,000 lower berths with eight new ships scheduled to be delivered between spring 2014 and fall 2016. Carnival Corporation & plc also operates Holland America Princess Alaska Tours, the leading tour company in Alaska and the Canadian Yukon. Traded on both the New York and London Stock Exchanges, Carnival Corporation & plc is the only group in the world to be included in both the S&P 500 and the FTSE 100 indices.

Source: Carnival Corporation

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