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聽Passengers remain hesitant to book聽cruises, despite deep discounts. But that didn't stop聽Carnival聽Corp. from eking out a $41 million second-quarter profit thanks to lower fuel costs and the timing of some administrative expenses.

The Miami-based company also announced Tuesday that Micky Arison, who has been CEO since 1979 and is the son of聽Carnival聽co-founder Ted Arison, is being replaced by Arnold W. Donald, who has served on the company's board for the past 12 years. Arison will continue to serve as chairman of the board.

The profit was nearly triple the $14 million the world's largest聽cruise聽company earned during same period last year, a quarter which it suffered from steep losses on fuel prices bets known as derivatives.

Earnings totaled of 5 cents per share this quarter, up from 2 cents a share last year at this time. Revenue fell 1.7 percent to $3.48 billion.

Excluding one-time items,聽Carnival's聽earnings were 9 cents per share. Analysts polled by FactSet had expected earnings of 6 cents per share on revenue of $3.56 billion.

Shares of聽Carnival聽rose $1.67, or 5 percent, to close at $34.89 Tuesday.

Arison led the company through an aggressive expansion that included the acquisition of several brands, including Holland America, Costa聽Cruises, Cunard and Seabourn. In 2003, he oversaw a merger between聽Carnival聽Corp. and P&O Princess聽Cruises. Today,聽Carnivalruns聽cruises聽under 10 brands.

However, Arison came under fire during聽Carnival's聽bad publicity earlier in the year when a string of its聽cruise聽ships suffered through mechanical problems and fires. The most dramatic of them was the聽Carnival聽Triumph where passengers were stranded at sea for five days as toilets backed up and air conditioners failed. There were media reports of raw sewage seeping through walls and carpets.

Arison, who also owns the Miami Heat basketball team, took some heat of his own for attending a game while the crisis was ongoing.

Donald founded and led Merisant, a company whose products include sweetener brands Equal and Canderel. He also held multiple senior management roles at Monsanto over the course of 20-plus years, including president of the company's consumer and nutrition sector and president of its agricultural sector.

The Triumph nightmare was followed up with problems on three other聽Carnival聽ships: The Elation, Dream and Legend 鈥� all which made big headlines.

None of that helped restore confidence in vacationers who are still wary after the January 2012 sinking of the Costa Concordia, also owned by聽Carnival.

In its earnings release Tuesday,聽Carnival聽said that advance bookings for the rest of 2013 are running behind last year's levels, even at lower prices. Bookings on its namesake聽Carnival聽line are particularly weak.

Arison said in a statement that聽Carnival聽is working to market the "truly exceptional vacation values" that聽cruises聽offer through travel agents and other industry partners.

"We believe these initiatives, combined with slower supply growth, will lead to increased yields," he said. "In addition, we remain focused on reducing our fuel dependence. By year end, we will achieve a 23 percent cumulative reduction in fuel consumption since 2005 and expect our research and development efforts in fuel saving technologies to continue to bear fruit."

Those fuel-savings efforts seem to be paying off. In the quarter that ended May 31, the company saw a 14-percent drop in its fuel bill. The company spent $555 million on fuel, down from $645 million during the same quarter last year.聽Cruise聽companies, airlines and other large consumers of fuel typically make bets, called derivatives, on the price of oil to hedge again any sudden spikes. Last year,聽Carnivallost $145 million in the second quarter on such bets. This year, that loss was narrowed to $31 million.

During the second quarter, the company took delivery of Princess聽Cruises' 3,560-passenger Royal Princess, the first of a new class of ships for Princess. Additionally,聽Carnival聽Sunshine entered service in May following a $155 million modernization.