The Mudcat Café TM
Thread #142686 Message #3293480
Posted By: Q (Frank Staplin)
20-Jan-12 - 01:55 PM
Thread Name: BS: Costa Concordia Sinking-2012
Subject: RE: BS: Costa Concordia Sinking-2012
Costa Cruise Line is part of the Carnival group, which has 49 percent of the worldwide cruise market. The Company has dual registry, UK and USA. Holdings: Aida Cruises, Germany Carnival Cruise Lines, USA Costa, Italy Cunard, UK Holland America Line, USA Ibero, Spain P & O Cruises, UK P & O Cruises Australia Princess Cruises, USA Seabourn, USA
Carnival stock dropped ca. 16 percent . following the accident. On the USA market, the stock is trading at ca. $31, down from its high of ca. 47.50.
"Rescue" suspended again, salvage contracts being let.