Sinking of Costa Concordia 'costs Carnival $95m'
The sinking of the Costa Concordia could cost parent firm Carnival up to $95m (£62m; 75m euro), the firm has said in a statement.
Carnival shares fell 18% in early trading after it said it expected the loss of earnings from the capsizing to be between $85m and $95m.
The ship ran aground on Friday night off Italy's coast, killing six people.
Travel expert Simon Calder told the BBC the company will be worried about forward bookings.
16 Jan 2012
- From the section Business