RCCL booked a reversal of $3.65m in the three months to the end of June, a long way from the $93.5m profit it pocketed a year ago.

Richard Fain, CEO of the cruise titan, said: “The steady drumbeat of negative news emanating out of Europe is certainly having an impact.

“As a result, we are seeing pluses and minuses in the different geographical markets – North America is holding up reasonably well; Asia is a big plus; but Europe is a pretty consistent minus.

“Overall