Mechanical Problems, Late Deliveries Continue to Plague Industry

A stagnant economy, threat of overcapacity and canceled cruises due to repairs and late deliveries have conspired to slow the hyper-growth cruise industry has enjoyed for the past decade. Even last year's new Millennium, which hurst onto the cruise scene with its new gas turbine propulsion,


Soviet Merchant Fleet Now 'Blankets The Globe'

The Shipyard Weekly, published by the Shipbuilders Council of America, recently quoted a Wall Street Journal report by staff reporter Bill Paul on a "worrisome trend" implicit in Russia's expanding ocean shipping fleet which now "blankets the globe.

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