Should the global cruise suspension continue for 60 days, the economic loss worldwide would be $21bn, 150,000 jobs and $7.3bn in wages, according to Cruise Lines International Association.
After some weeks of reduced or no activity, apart from design office work organized to limit the number of people present, Chantiers de l'Atlantique is going to resume production.
Meyer Werft is renegotiating cruise orders to avoid cancellations, expects newbuild business won't resume for several years and will cut capacity to keep afloat.
Royal Caribbean Cruises Ltd. is laying off or furloughing approximately 26% of its more than 5,000 US-based workers.
Meyer Werft is striving to keep production going during the coronavirus pandemic but only insofar as it can protect workers' health as its top priority.