Sinking of Costa Concordia 'costs Carnival $95m'
16 January 2012 Last updated at 15:29 GMT
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.