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Richard Fain, the longtime CEO of the Royal Caribbean Group, is revealing to PEOPLE how Gloria Estefan prevented a cruise ship disaster

In 1990, the singer was named godmother of the company's new ship, the Nordic Empress

Estefan's appearance at the vessel's christening came shortly after her near-fatal bus accident earlier in the year

Richard Fain, the former CEO of the Royal Caribbean Group, is revealing how Gloria Estefan prevented a potential cruise ship disaster.

During PEOPLE’s recent conversation with the businessman — discussing his new book Delivering the WOW — Fain reflected on working with big name celebrities who acted as godparents for the company’s vessels. Over the course of more than three decades, he worked with Whoopi Goldberg , Malala Yousafza

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