The Ruby Princess cruise ship is seen from Kurnell National Park in Sydney, on Thursday. There are more than 450 Covid-19 infections linked to cruise ships, including 340 cases from the Ruby Princess and 74 from the Ovation of the Seas. Photo: AAP Image The Ruby Princess cruise ship is seen from Kurnell National Park in Sydney, on Thursday. There are more than 450 Covid-19 infections linked to cruise ships, including 340 cases from the Ruby Princess and 74 from the Ovation of the Seas. Photo: AAP Image
The Ruby Princess cruise ship is seen from Kurnell National Park in Sydney, on Thursday. There are more than 450 Covid-19 infections linked to cruise ships, including 340 cases from the Ruby Princess and 74 from the Ovation of the Seas. Photo: AAP Image

Global cruise ship fleets lose US$4 billion in value as coronavirus pandemic idles industry, halving the number of vessels at sea

  • A total of 483 vessels were collectively valued at just over US$167 billion in the first quarter, according to a report by VesselsValue
  • Vessels that are currently being built are depreciating in value even before they hit the water

Topic |   Luxury cruises
The Ruby Princess cruise ship is seen from Kurnell National Park in Sydney, on Thursday. There are more than 450 Covid-19 infections linked to cruise ships, including 340 cases from the Ruby Princess and 74 from the Ovation of the Seas. Photo: AAP Image The Ruby Princess cruise ship is seen from Kurnell National Park in Sydney, on Thursday. There are more than 450 Covid-19 infections linked to cruise ships, including 340 cases from the Ruby Princess and 74 from the Ovation of the Seas. Photo: AAP Image
The Ruby Princess cruise ship is seen from Kurnell National Park in Sydney, on Thursday. There are more than 450 Covid-19 infections linked to cruise ships, including 340 cases from the Ruby Princess and 74 from the Ovation of the Seas. Photo: AAP Image
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