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Articles from 2001 In October


Northrop Grumman takes earnings charge

Northrop Grumman takes earnings charge

The company had said it would do so if MARAD decided not to continue guaranteeing loans for the two 1,900-passenger newbuilds at Ingalls in Pascagoula.

Northrop Grumman said operating margin for the quarter would drop to $225m from $285m. The company previously reported Q3 earnings of $161m ($1.79 per share), now revised to $121m ($1.33 per share). Under GAAP, Northrop Grumman first reported Q3 net income of $117m ($1.28 per share), now revised to $79m (84 cents per share).

Some 1,250 employees working on Project America were affected by temporary layoffs last week. About 500 are immediately being reassigned to other ongoing projects at Ingalls, while another 200 will be transferred to Avondale in Gulfport, Mississippi. Most of the remaining employees affected will be reassigned to Avondale facilities in New Orleans.

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Luxury lines hail Concordeapos;s return

Luxury lines hail Concordeapos;s return

'Now that the Concorde has been deemed safe for air travel, RSSC will once again offer the Concorde as an option for our guests on both BA and AF,' says Toni Pizzitola, Radisson Seven Seas' director of air planning & programming. Silversea also will again promote Concorde upgrades. 'The Concorde was a popular option among our guests and wehave had several inquiries as to when we will be offering it again,' says air/sea exec Eileen Sill.

Air France resumes Concorde's New York-Paris service with five flights weekly, while BA will offer six weekly flights between London and New York and weekly service between Heathrow and Barbados from December 1-April 13.

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Clipper revamps website

Clipper revamps website

com) to include more information and interactivity. For some, though, the highlight is undoubtedly the recipe for Clipper Chipper cookies, which are freshly baked onboard every afternoon. Seatrade Insider wonders if their popularity is due to two unexpected ingredients -- Tia Maria and Frangelico liqueurs.

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Reaching the Summit of perfection

Reaching the Summit of perfection

The new Summit has achieved a perfect 100 on the CDC-USPH Vessel Sanitation Programme. It's the fourth Celebrity vessel to earn a perfect score.

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Silversea talks with V. Ships, plans Europe push

Silversea talks with V. Ships, plans Europe push

Ships about assuming responsibility for marine operations for the four-ship luxury line. If an agreement is reached, 'we would expect some staff changes in the Fort Lauderdale office,' Silversea spokeswoman Jennifer Lawrence Schott said.

Silversea also is expanding its operations at its London office in hopes of attracting more European passengers. 'In light of what we've seen happen to the North American market, we've made the strategic decision to focus more globally and tap those markets a little more aggressively,' Schott said.

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Another record catch for Norway

Another record catch for Norway

9% on last year according to Georg Angell-Hansen, executive director of Cruise Norway. Passenger numbers were also up, rising nearly 5% to 214,000. Bergen, once again was the most popular port of call with 195 visits, compared to 173 in 2000. Another four Norwegian ports recorded 100+ calls including Geiranger (131), Oslo (115), Nordkapp (110) and Flam (102).

In terms of nationalities, the UK and Germany remain the two most important source markets, representing around 60% of passengers. The US accounts for 16.3% and therefore, the redeployment of some North American tonnage from Europe next summer should not 'significantly impact Norway as a destination in 2002', Angell-Hansen told Seatrade Insider. Of the leading cruise ports, Oslo has the highest percentage of North American passengers which accounted for over 50% of all callers this summer, compared to just 11.5% of those calling in Bergen.

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Hamburg nightlife

Hamburg nightlife

Participants started the evening at Hamburg City Hall with a reception hosted by local officials before proceeding to many individual gatherings.

Two reception rooms at the Four Seasons Hotel were packed for a Baltic Ports gathering drawing delegates from across the Baltic Sea region. Drinks and a meal of German specialties were hosted by Luis Ajamil and Mark Ittel of Bermello Ajamil at a local brewhouse, while IBM invited executives to a buffet dinner at the Radisson SAS Hotel. Delegates and exhibitors joined Jochen Deerberg of Deerberg System across the city at Atlantic Hotel, whilst the Cruise Destination Bergen delegation chose the Ubersee-Club to serve guests typical Norwegian fare.

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Back to Hamburg in 2003

Back to Hamburg in 2003

Seatrade Europe will return to Hamburg in 2003. 'This week has demonstrated just how important Germany is to all the sectors that we cover in this event, and Hamburg has proved an ideal venue with great hospitality demonstrated both by the city and the Hamburg Cruise Centre and many other supporting organisations,' says Seatrade md Chris Hayman.

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River interest rises

River interest rises

Scylla tours md, Daniel Thiriet highlighted just three: how to get and keep ship personnel, how to relieve congestion at moorings during week-ends, and how prepared is the European market to face a drop in demand from North American passengers which have been the main spur behind its recent rapid growth?

The North American market for the river cruise product grew from a few thousand passengers in 1979 to 10,000 in 1991. Phenomenal demand in the last decade has pushed that figure close to 90,000 passengers this year. Whilst it is unlikely the numbers will match ocean cruising, Viking River Cruises' chairman, Torstein Hagen maintains it is much better value. Comparing similar sized cabins on a 12 night European ocean cruise vs. a 12 night river cruise, Hagen calculates the daily cost of the ocean product at $420, compared to $287 for the river. 'It is still a misunderstood form of travel,' said Serba Ilich, president and founder of Uniworld Tours, which identified the features that were attractive to the North American market and adjusted its European destination river products to meet those requirements.

Like its ocean going counterparts, the river cruise sector feels there will be uncertainty in the market in the short-term - Viking River Cruises reports projected US bookings for 2002 have halved since September 11 - but, 'after a unpredictable 2002, it will resume its growth pattern,' Uniworld's Ilich told Seatrade Insider.

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ROC denies rumours

ROC denies rumours

'After September 11 and the demise of Renaissance and AMCV, everyone's looking for the next line to go down but it won't be us,' a company source told Seatrade Insider. While admitting that all cruise companies are now facing difficult times, he said the ROC team's mood was upbeat. Negotiations are on-going to resolve the dispute over delivery of the Olympia Explorer, sitting completed at the Blohm+Voss shipyard since April, and ROC now hopes to introduce her next spring on Med itineraries out of Venice.

Sister Olympic Voyager is currently still sailing this itinerary but is due to transfer shortly to her winter programme in the Americas (where she will be renamed Olympia Voyager). As of next spring, intention is to base her in Houston to tap into the Texan market, which ROC describes as the fourth largest US cruising state.

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