Costa Cruises will lose about $100 million this year, a swing of about $500 million from last year, due to fallout from the Jan. 13 Costa Concordia capsizing, Carnival Corp. executives said during a conference call discussing first-quarter 2012 results.

Mexico Tourism Board (MTB) will host the Mexico Pavilion at Cruise Shipping Miami 2012 trade show and conference, one of the industry's largest events, bringing together over 90 participants, including state and federal tourism officials, port representatives, and tour operators from across the country.

Costa Cruises is replacing the Costa Allegra with the Costa Voyager, starting March 18. Following the generator room fire aboard Costa Allegra Feb. 27, the company has not determined how long it will take to repair and bring the ship back into service.

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