Despite the recent drop in passenger bookings, some industry analysts are predicting that by the year 2000, more than 10 million passengers will take cruises annually. These projections are based on a growth level of 10 percent per year. Present cruise passenger levels stand at 3.
With its 14,600 LT drydock completely booked until the end of April, which has been utilized to the fullest since it was put into operation last summer, Atlantic Dry Dock has myriad of projects scheduled at its yard. The company's 4,000 LT Marine
Trinity Industries, Inc., subsidiary Halter Marine, Inc., was recently awarded a $31.2 million contract by the U.S. Army to build two, 273-foot logistics support vessels (LSV) for use by the Philippines Navy. The contract also includes an option
Currently under construction at Rodriquez Cantieri Navali SpA's Pietra Ligure shipyard is a TMV 115 high-speed passenger and vehicle ferry for the Spanish ferry operator Balearia Eurolines Maritimes. The contract for this vessel was signed in January 2000 and delivery is expected in May 2001.