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 June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

House Subcommittee Hearing Highlights “Dismal State” of U.S. Icebreaking Capability

At the July 23, 2014, hearing of the House Subcommittee on Coast Guard and Maritime Transportation on “Implementing U.S. Policy in the Arctic” the committee chairman, Rep.

Iraqi Kurdish Oil Nears US Port Despite Concern in Washington

A tanker carrying crude oil from Iraqi Kurdistan is just two days away from arriving at a U.S. port, according to ship tracking satellites, despite Washington's

Maritime NZ Oil Spill Response Review: Submissions

Maritime New Zealand (MNZ) says it invites submissions on its draft updated New Zealand Marine Oil Spill Response Strategy 2014 (the draft Strategy). The draft Strategy, (available at http://bit.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Sonar 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: 0.1198 sec (8 req/sec)