Japanese Foreign Ship Orders Up Sharply
Japanese shipyards received foreign orders for 38 vessels totaling 1,350,650 grt in September, up 175 percent from a year before, the Japan Ship Exporters' Association said last week.
Year's End Appears To Be Timely For Buying Cruise Shares
Now is the time to buy cruise shares, says a cruise industry review released by Lazard Frères & Co., which notes that although shares have been up and down in the…
Star Cruises Charters Vessel
Star Cruises Plc has chartered a vessel for three years for its Japan and South Korea operations starting in March 2000. The 950-passenger capacity vessel, MS Leeward…
Carnival Purchases Remainder Of Cunard
Carnival Corp. has exercised its option to purchase the remaining 32 percent minority interest in Cunard Line Ltd. in a deal worth about $205 million. Carnival acquired…
NCL Profits Double In First Nine Months Of Year
Norwegian cruise company NCL Holding ASA said on Wednesday pre-tax profits almost doubled in the nine months to September 30 amid firm market sentiment and strong demand.
Most Likely Y2K Scenario: Nobody Really Knows
Lawyers and the millennium computer bug are about to demonstrate again that it's an ill wind that blows nobody any good. If computers around the world succumb to the bug at midnight on December 31…
Recent Accidents Spur Industry Fear Of Legislation
The spate of recent accidents at sea involving high profile cruise ships has spurred fears among owners and operators that once again the long arm of the law will…
Silversea Poised For Growth
With the construction of new sister ships progressing as scheduled and the recently signed contract to manage the world's first ocean-going luxury residence, Silversea…
NNS Earnings Per Share Up 26%
Newport News Shipbuilding reported net earnings of $20 million, or $.58 per diluted share for the third quarter of 1999. Earnings before interest and taxes (EBIT) for the quarter were $47 million…
