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

People & Company News

Nordic American Offshore Declares Dividend

Nordic American Offshore Ltd. today announced that its board of directors has declared a dividend of $0.45 per common share for the third quarter 2014. This is the same as for the second quarter 2014.

Bollore Africa Logistics Sees Profit Plunge in H1

First half 2014 profit at shipping company Bollore Africa Logistics plunged to 5.89 billion CFA francs ($11.48 million) from 9.45 billion CFA francs in the same period last year,

Ocean Rig, Petrobras Agree to $1.1b Drill Ships Lease

Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to

Cruise Ship Trends

Cruise Ship Returns to Texas after Ebola Concern

The Carnival Magic cruise ship was en route back to the United States on Saturday with a passenger from Texas who might have handled specimens of the first Ebola

Kiel's 2014 Cruise Shipping Season Ends

Expanded terminal capacities created at Berth 1 This year’s cruise shipping season in Kiel closes on the evening of October 18 when the AIDAcara sets sail for the Canary Islands.

Cruise Ship Passenger Isolated Due to Ebola Risk

A Texas hospital employee who may have handled lab specimens from an Ebola victim has entered voluntary isolation on board a Carnival cruise ship in the Caribbean.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines 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: 0.1281 sec (8 req/sec)