Carnival reroutes cruises as Red Sea tensions rise
Publishing timestamp: 2024-01-30 12:07:52
Summary
Carnival has announced that it will reroute cruise itineraries for a dozen ships scheduled to transit the Red Sea due to rising tensions in the Middle East. The company expects this rerouting to impact its adjusted earnings per share in 2024. Repeated attacks by Iranian-backed Houthi Rebels have forced major shipping and oil companies to divert their routes, increasing shipping times and costs. Carnival is the latest company to announce disruptions in the Red Sea region, following Royal Caribbean and MSC Cruises.
Sentiment: NEGATIVE
Keywords: breaking news: business, business, business news, politics, transportation, carnival corp, breaking news: politics, travel, royal caribbean cruises ltd,
Source: https://www.cnbc.com/2024/01/30/carnival-reroutes-cruises-as-tensions-rise-in-the-middle-east-.html