Port of Long Beach on Track to Smash Cargo Record in 2024
The Port of Long Beach is poised to shatter its annual cargo record in 2024, projecting 9.6 million TEUs (Twenty-foot Equivalent Units) by year’s end. This achievement would eclipse the...
(Bloomberg) — Carnival Corp., bowing to pressure from U.S. Senator Jay Rockefeller, said it will reimburse the U.S. for costs related to the breakdowns at sea of its Triumph and Splendor cruise ships.
“Although no agencies have requested remuneration, the company has made the decision to voluntarily provide reimbursement to the federal government,” Miami-based Carnival said in an e-mailed statement today.
Rockefeller, a West Virginia Democrat who heads the Senate Committee on Commerce, Science and Transportation, asked Carnival Chairman and Chief Executive Officer Micky Arison in a March 14 letter whether the cruise line intended to reimburse the Coast Guard and Navy for expenses responding to an engine room fire on the Triumph and a similar incident on the Splendor in November 2010.
The Triumph had to be towed to port in Mobile, Alabama, without its main power source, leaving 3,100 passengers with limited food and toilet service for several days. In the letter, Rockefeller said the Coast Guard spent $780,000 on the Triumph incident and $1.54 million responding to the Splendor. The Navy spent $1.88 million on the Splendor.
Carnival, the world’s largest cruise line operator, fell 2.8 percent to $33.17 at the close in New York. The shares have declined 9.8 percent this year.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 109,808 members that receive our newsletter.
Have a news tip? Let us know.
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign UpMaritime and offshore news trusted by our 109,808 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up