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The collapse of the Francis Scott Key Bridge in Baltimore will have some repercussions for many businesses across the U.S., among them cruise lines.
"Given the timing of yesterday's event in Baltimore and the temporary change in homeport, our guidance does not include the current estimated impact of up to $10 million on both adjusted EBITDA and adjusted net income for the full year 2024," the company stated in their first quarter earnings snapshot.
Carnival had a ship, the Carnival Legend, that was scheduled to arrive at that port on Sunday, but the company announced that they would be moving their Baltimore operations to Norfolk, Virginia, for now.
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