NCL Comments on GAO Report

Monday, March 01, 2004
Norwegian Cruise Line CEO Colin Veitch Responds to GAO Report on NCL’s Project America.

The GAO report released today confirms what Norwegian Cruise Line (NCL) has known from the beginning – Project America is good for American workers and for consumers. It means more competition in the cruise industry and will result in more choices for vacationing families. It is good for the U.S. economy because it has already created more than 1,000 new jobs and will add badly needed tax revenues to federal and state treasuries. Once fully implemented, this project will generate more than 20,000 jobs and over $800 million annually in economic activity.

NCL made the decision to have a real presence in Hawai`i despite its bigger and more established competitors. NCL embarked on this initiative when none of its competitors would. This report makes clear that NCL serves as a competitive check on the two cruise lines that currently dominate North American cruises.

The company is proud to be the only cruise operator willing to embrace a U.S.-flag operation and look forward to providing high-quality service in the Hawai`i islands in an entirely new way.

To read the full report, please go to www.gao.gov.

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

ISS Announces CEO Transition

Captain Claus Hyldager yesterday decided to step down as the Chief Executive Officer of Inchcape Shipping Services (“ISS”).    The current Chief Financial Officer,

CME Lifts Force Majeure for all Illinois River Grain Terminals

CME Group has lifted its declaration of force majeure at all Illinois River terminals that are regular for Chicago Board of Trade corn and soybean futures delivery,

FURUNO of Japan Increases Investment in ENL

ENL Group and FURUNO Electric Co. Ltd of Japan have announced that FURUNO has increased its investment into the New Zealand company to a total of 29.5%. The

Cruise Ship Trends

Norwegian Epic to Sail from Port Canaveral

Port Canaveral will homeport Norwegian Cruise Line’s (NCL) largest ship and currently the third largest in the world—the Norwegian Epic—starting in November 2016,

Cruise Industry Wins Key Norovirus Judgment

In what is being seen as a landmark decision, Hill Dickinson is the first law firm to have successfully defended a UK class action case involving a Norovirus outbreak onboard a cruise liner.

Royal Caribbean's Profit Rises 34 Percent

Royal Caribbean Cruises Ltd, the world's second-largest cruise operator by revenue, reported a 34 percent rise in quarterly profit as passengers spent more onboard

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | 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: 0.1349 sec (7 req/sec)