The world’s largest cruise ship operator, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), says that, “given recent developments and in close consultation with global security experts and government authorities,” it has made the decision to reroute itineraries for 12 ships across seven brands, which were scheduled for Red Sea transits through May 2024.
The Red Sea transit rerouting is expected to have an adjusted earnings per share impact of $0.07 to $0.08 for full year 2024, with the vast...