The Carnival Corp CEO said there wouldn't be any newbuilds after these (Jubilee -2023, Seabourn Pursuit -2023 Queen Anne -2024, Sun Princess -2024, Sphere 2 -2025) until at least 2027. For the Carnival band itself he said it could be 7 to 10 years before a new ship is ordered.. This was last year and with be increase in price and capacity going forward that could easily change. You are correct they dont need to elimite all the debt but they do need to control it.