Royal Caribbean Cruises Ltd (RCCL), the world’s second largest cruise shipping company, has increased its estimate for the effect of the coronavirus to $0.90 per share, Reuters reports.

On 14 February, the company estimated the effect would be a $0.60 reduction in earnings per share. n its 2019 earnings release that it published earlier this month, RCCL estimated its full year 2020 earnings per share to reach the range of $10.40 to $10.60

RCCL has canceled 30 cruises in southeast Asia following the coronavirus outbreak, Reuters reported.