Cruise Industry Stocks Drop, Jamaica And Cayman Deny Cruise Ship To Disembark As Coronavirus Spreads
Miami-based cruise companies saw their stocks plummet Tuesday as the spread of coronavirus rattled markets for the second day in a row.
The sell-off happened as Jamaica and the Cayman Islands denied permission to an MSC Cruises ship, the Meraviglia, to disembark passengers Tuesday as scheduled for fear that an ill crew member could have the virus. MSC Cruises, which is privately held, did not respond immediately for request for comment about the crew member.
The denials occurred one day after the U.S. Centers for Disease Control and Prevention ratcheted up travel warnings for several countries in Asia and Europe.
Read more at our news partner the Miami Herald.