Carnival Corporation to Add More Drydock Days This Year
Carnival Corporation will be adding more drydock days in the first quarter in 2021 as the company prepares to resume service with its nine cruise brands.
Suppliers, drydocks and classification societies have all told in recent weeks they expect a rush of “back in service” style drydocks, with cruise lines then maximizing in-service days with paying guests, .
Carnival Corporation confirmed the increase in drydock days on its fourth quarter earnings call earlier this week.
“The average (cash burn) rate expected in the first quarter is higher than the fourth quarter, driven by higher capital expenditures due to the shifting of CapEx from the fourth quarter to the first quarter and more first quarter drydock days as previously indicated, as we prepare for the resumption of guest cruise operations,” said David Bernstein, CFO
David Bernstein, CFO
Net Worth of David Bernstein
Mentioned The estimated Net Worth of David Bernstein is at least $38.3 Million dollars as of 15 February 2019. Mr. Bernstein owns over 24,682 units of Carnival plc stock worth over $812,647 and over the last 13 years he sold CUK stock worth over $33,733,365. In addition, he makes $3,772,420 as Chief Financial Officer and Chief Accounting Officer at Carnival plc.
