Today, CCL is one of the 10 brands owned by Carnival Corporation - currently the world's largest passenger shipping company (followed by RCG-Royal Caribbean Group). The initial public offering of 20% common stock in 1987 provided capital for fleet expansion. The company was originally private (independent), founded in 1972 by Ted Arison (1924-1999). CCL-Carnival Cruise Lines () is an American passenger shipping company based in Doral, Florida ( Miami suburb).
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