Carnival is rerouting 12 ships scheduled to cruise through the Red Sea in May, due to ongoing attacks by Houthi militants. The decision was made after consulting with security experts and government authorities. Carnival does not expect an impact on booking trends and has no other Red Sea transits until November 2024. The company estimates a financial hit of seven to eight cents a share in Q2 of 2024. Other companies, including Royal Caribbean, have also canceled voyages in the Red Sea due to safety concerns. The attacks have prompted energy and shipping companies to halt traffic through the Red Sea.