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24 May 2012 The on-line newspaper devoted to the world of transports 07:09 GMT+2



January 31, 2012

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Original news
Carnival has recorded a decrease of the reservations in the successive days to the shipwreck of Concordia Coast

The group previews that the incident will clearly have impact negative on the profit of the exercise anniversary 2012 pairs to 85-95 million dollars

In the annual report Form 10-K yesterday sent to the Securities and Exchange Commission the crocieristico group American Carnival Corporation it has announced that after the shipwreck of the Coast Concord 13th January to Isola del Giglio, ship from cruise that takes part of the fleet of the branch Italian Coast Cruises, the volume of reservations recorded from the day of the incident to 25 January from the several crocieristici marks of the group, with exclusion of Coast Cruises, quickly has a decrement around 15% regarding the correspondent period of 2011.

Carnival has explained that the activity of booking of Coast Cruises is instead difficultly interpretable because of the meaningful activity of riprenotazione and consequent riprotezione to the shipwreck of the Coast Concord. The group American has specified to consider that however the activity of booking of the Italian company "is diminished in meaningful way", but also to consider "that the incident will not in the long term have a meaningful impact on our business".

According to the esteem of Carnival, the shipwreck of the Coast Concord will clearly have an impact negative on the profit of the exercise anniversary 2012 of the group American for a value comprised between 85 million and 95 million dollars to which they will join to others 30-40 million dollars approximately of other costs which had to the incident.

Carnival has announced that the book value clearly of the Coast Concord era of 490 million dollars (379 million euros) to 31 past December and that the value of relative the insurance cover to the ship piles to 510 million dollars (395 million euros).

ITAL-PRO-RA.MAR.
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