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.
Given the largely tax-exempt status of foreign-registered cruise lines, tax benefit opportunities in the US stimulus bill appear limited but may apply to payroll matters, Wells Fargo Securities said.
The latest cruise ship refurbishment to be suspended involves Carnival Victory's transformation into Carnival Radiance.
Acting to preserve resources while keeping its full team employed, Norwegian Cruise Line Holdings is going to reduce shoreside pay 20% and shift to a four-day work week.
Chantiers de l'Atlantique has reduced work activity until Friday, however Celebrity Apex's delivery is still reported on schedule.