Cruise Companies Slump On EPA Report

Wednesday, March 01, 2000
Cruise shipping lines, which were already weathering a slump to start 2000, were smacked with more bad news on Wednesday when it was revealed that six cruise ship companies -- Holland America Line, Princess Cruises, Celebrity Cruises, Norwegian Cruise Lines, Carnival Cruise Lines - were cited for emitting illegal amounts of smoke in scenic areas of Alaska, the U.S. Environmental Protection Agency said. Princess Cruises reportedly plans to review the allegations and to request a conference with EPA on the issue. Shares in Carnival, the world's largest cruise shipping company, were down $1 per share, or nearly 3.5% in trading at mid-day. Carnival shares have been hard hit for the last two months, as the company has watched its per share valuation cut nearly in half. Meanwhile, Royal Caribbean was being slammed even harder, with its shares down more than $5 per (about 15%), at trading mid-day on Wednesday.
Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Bangladeshi Albedo Survivors Helped by their Govt.

Yesterday, 16th September 2014, Chirag Bahri, MPHRP's Regional Director for South Asia, attended a ceremonial event organised by the Ministry of Shipping, Bangladesh

ICS Counsels Wisdom on Ballast Water Convention

The International Chamber of Shipping (ICS) has reiterated its call for governments to address the serious implementation issues concerning the IMO Ballast Water

Ship Safety: IMO Committee Agree Draft IGF Code

IMO informs that the draft International Code of Safety for Ships using Gases or other Low flashpoint Fuels (IGF Code), along with proposed amendments to make the Code mandatory under SOLAS,

 
 
Maritime Careers / Shipboard Positions Maritime Security Naval Architecture Navigation Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1164 sec (9 req/sec)