Cost of an Accident: Bloomberg Reports Impact of Costa Concordia Wreck on Carnival Cruise Line
The article says:
“Carnival estimated yesterday it would have to pay at least $40 million in insurance deductibles following the wreck. It may also face as much as $95 million in lost voyage earnings this year without the use of Costa Concordia. The company further ‘anticipates other costs to the business that are not possible to determine at this time.‘”
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