Walt Disney Co announced on Wednesday it has suspended all new departures on its Disney Cruise Line through July 27 as the coronavirus outbreak continues.

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On its website, the company said guests currently booked on affected cruises will be offered either a credit to be used for a future sailing within 15 months of their original sail date, or a full refund.

As a result of the “No Sail Order” issued by the U.S. Centers for Disease Control and Prevention (CDC), cruises in the United States are banned until July 24.

On a May 5 conference call to discuss the company's second-quarter results, Chief Executive Officer Robert Chapek said the cruise ship business will probably be the last of its travel-oriented businesses to reopen.

Disney reopened its Shanghai Disneyland theme park on May 11, but has not yet set a reopen date for U.S. properties Disneyland and Walt Disney World.