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,
Wider Range Of Services Offered The new Baltimore Marine Division of Bethlehem Steel Corporation "will make us more competitive and will enable us to respond to the needs of the reduced marketplace more effectively," declared David H. Klinges, president, marine construction.
GE Marine Engines has received partial funding from Ingalls Shipbuilding to begin the engineering work on equipment to be used on the U.S. Navy's eighth LHD Wasp-class large-deck, multipurpose amphibious assault ship. Measuring 844 ft. (257.2 m), the vessels displace 40,500 tons.