11:00am | While the popular cruise line Carnival is forced to dock its massive Splendor ship until mid-January for repairs, the move could hurt Long Beach financially since the company generates about millions of revenue for the city annually.

An engine fire in the Splendor last week stranded the ship at sea, along with thousands of guests and crew during a seven-day cruise along the Mexican Riviera. Three tugboats eventually pulled the ship to shore in San Diego while the U.S. Navy delivered supplies since refrigerators were not working. Carnival announced recently that the ship would be repaired until mid-January, and more than 30,000 passengers have been refunded for cruises they booked during the holiday season.

Press-Telegram reporter Kris Hanson today reports that economic consultants say this is bad news for Long Beach [PT].

The Carnival Splendor leaves port out of Long Beach, but cruise-goers could easily schedule trips with competitors based out of Los Angeles. That could take significant revenue away from the city, as CSULB economists say that Carnival itself spends about $45 million annually in Long Beach.