Please ensure Javascript is enabled for purposes of website accessibility

Confirmed Coronavirus Cases Aboard Carnival's Quarantined Cruise Ship Triple

By Keith Noonan - Feb 7, 2020 at 5:33PM

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

Japanese officials reported a substantial increase in the number of confirmed infections as more passengers' tests were completed.

The number of confirmed cases of the 2019-nCoV coronavirus aboard Carnival's (CCL 1.71%) Diamond Princess cruise ship climbed to 61 on Friday. One day after Japan's health minister Katsunobu Kato reported that 20 out of the 102 people who had been tested had the virus, he announced that 41 additional cases had been confirmed as the total number of completed tests reached 273.

The passengers who tested positive for the virus have been removed from the ship for treatment, according to a report published by The New York Post. Roughly 3,700 people remain on board the cruise liner anchored off a port near Tokyo. 

An illustration of the coronavirus.

Image source: Getty Images.

How is this coronavirus affecting the travel industry?

The total number of confirmed worldwide cases of 2019-nCoV coronavirus climbed above 31,000 on Friday, and more than 600 deaths have been reported as a result of the infection. The coronavirus, which was first observed in Wuhan, China, late last year, has spread at a rapid pace and is having a significant impact on travel industries and the broader Chinese economy.

Carnival's stock price is down roughly 12% over the last month amid concerns related to the virus, and airlines and other cruise operators have made moves to curb the rate of infection, including halting travel to China and implementing tighter screening and sanitary standards. Cruise line operator Royal Caribbean has temporarily barred passport holders from China, Hong Kong, and Macau from its ships. It has also barred people who have traveled in those territories less than 15 days prior to sailing. 

As new cases of the virus are being confirmed in a growing number of countries, the outbreak's impact on the travel industry could just be getting started. 

Keith Noonan has no position in any of the stocks mentioned. The Motley Fool recommends Carnival. The Motley Fool has a disclosure policy.

Invest Smarter with The Motley Fool

Join Over 1 Million Premium Members Receiving…

  • New Stock Picks Each Month
  • Detailed Analysis of Companies
  • Model Portfolios
  • Live Streaming During Market Hours
  • And Much More
Get Started Now

Stocks Mentioned

Carnival Corporation Stock Quote
Carnival Corporation
$10.72 (1.71%) $0.18

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

Related Articles

Motley Fool Returns

Motley Fool Stock Advisor

Market-beating stocks from our award-winning analyst team.

Stock Advisor Returns
S&P 500 Returns

Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. Returns as of 08/12/2022.

Discounted offers are only available to new members. Stock Advisor list price is $199 per year.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.