For Ferries, Commercial Light at End of Regulatory Tunnel
A review of the ferry industry’s latest challenges and opportunities attracted a record 340 delegates to Vancouver last week for the 39th annual Interferry conference. The global trade association event exposed a string of concerns – notably over punitive safety and environmental regulations – but also highlighted the financial potential of new routes, onboard shopping incentives and the use of LNG fuel. Alongside sessions on the future of the industry, Canada-based CEO Len Roueche outlined a vision for maintaining Interferry’s influential lobbying role among politicians and regulators.
Jeff Lantz to Address Upcoming Interferry Annual Conference
The conference organizers inform that In a further response to the sinking of the South Korean ferry 'Sewol' in April, safety issues will be centre stage at InterferryÂ’s 39th annual conference, which takes place in Vancouver from October 4-8, 2014. Prompted by the incident, the trade association is already in dialogue with the IMO about assisting in efforts to improve domestic ferry safety. Now these and other cooperative safety initiatives will feature in a wide-ranging conference agenda addressing the industryÂ’s major regulatory, commercial and technical challenges. The IMOÂ’s latest safety strategy will be examined by special guest speaker Jeff Lantz, US Coastguard regulations director and chairman of the IMO Council.
Dead in the Water
Financial conditions at troubled Premier Cruise Line have obviously worsened, as the company is effectively out of business following the seizure of its five ships. In the process, thousands of vacationers have been left stranded. On Thursday U.S. investment bank Donaldson Lufkin & Jenrette seized the company's Big Red Boats and other ships. Premier chief executive Bruce Nierenberg said DLJ held mortgages on five Premier ships, that the company was behind on debt payments, and DLJ had taken control of the ships with an eye to selling them in order to recover $49 million in debts. A spokeswoman for DLJ, which controls a reported 80 percent of Premier after restructuring $180 million of debt…
Delta Queen Celebrates Return of American Queen
2007 with several advance purchase offers. 2007. the South. great city is known," said Bruce Nierenberg, president of Delta Queen. passengers to explore the history, lore and culture of this great country. New Orleans to Memphis, as far north as St. Paul, Minn. River, east to Pittsburgh, Pa. Black Warrior to Birmingham. to Little Rock and the Tenn Tom to Mobile, Ala. Orleans with a riverboat cruise. Great Steamboat Race with the Delta Queen.
