Carnival Corporation said on Tuesday it had made the decision to reroute itineraries for 12 ships across seven brands, which were scheduled to transit the Red Sea through May 2024.

The Red Sea rerouting is expected to have an adjusted earnings per share impact of $0.07 to $0.08 for full year 2024, the company announced, with the vast majority of the impact in the second quarter.

Carnival said it has not seen an impact on booking trends due to the Red Sea situation and has no other Red Sea transits until November 2024.