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Baltimore bridge collapse could cost Carnival up to $10M this year, company says

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After the Baltimore bridge collapse, Carnival said this week that it could see a 'current estimated impact of up to $10 million.”

The Francis Scott Key Bridge collapse in Baltimore, Maryland, this week, could have a negative impact on many industries – including cruise lines. The bridge, located southeast of the Baltimore metropolitan area, was struck by a container ship early Tuesday, causing it to collapse and fall into the Patapsco River.

port handled as much volume of "autos and light trucks, roll on/off heavy farm and construction machinery, imported sugar, and imported gypsum" as the Port of Baltimore last year.Agencies received emergency calls around 1:30 a.m. local time reporting that a ship leaving Baltimore had struck a column on the bridge, according to Kevin Cartwright, director of communications for the Baltimore Fire Department.

 

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Carnival says Baltimore bridge collapse could bring up to $10M earnings impact in 2024Carnival Corporation said Wednesday the Francis Scott Key Bridge collapse in Maryland could have a negative effect on its full-year earnings to the tune of up to $10 million.
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