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Carnival Scrutiny And Mangrove Effort Raise Questions On Risk And Valuation
Carnival Corporation & plc (NYSE:CCL) is under investigation by Alaska regulators for withholding scrubber water discharge data requested in connection with prior environmental violations.
Authorities in Alaska are examining whether the company complied with reporting obligations tied to water pollution limits for its cruise operations in the region.
At the same time, Carnival has launched a large mangrove restoration initiative in the Caribbean as part of a broader sustainability...