Carnival Faces as Much as $95 Million Costs With Grounded Ship Out of Use

Carnival Corp. (CCL) said the capsize of one of its cruise liners off Italy’s Tuscan coast will mean an impact of $85 million to $95 million on earnings from the ship being out of use.

The company expects other costs which it can’t currently determine, it said in a statement.

To contact the editor responsible for this story: David Whitehouse at dwhitehouse1@bloomberg.net

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