Bloomberg News

BAE Worker Missing From Alabama Shipyard After Incident

April 03, 2013

Carnival Declines Most in 16 Months

A fire and engine failure on the Carnival Corp. Triumph in February left 3,100 passengers adrift with limited food and toilet service for several days. Photographer: Dan Anderson/AFP via Getty Images

BAE Systems Plc (BA/) said one of its employees is missing from a Mobile, Alabama, shipyard, where high winds blew Carnival Corp. (CCL:US)’s Triumph cruise liner from its moorings yesterday while it was being repaired.

Two employees fell into the water and one was rescued, BAE, the London-based operator of the shipyard, said in an e-mailed statement. The company is working with the U.S. Coast Guard and local officials to search for the missing worker.

“We are offering our full support to officials as they work diligently during this critical time,” BAE said in the statement. “Our focus is on our missing employee and the family, and we ask everyone to keep them in their thoughts and prayers.”

Carnival, the world’s largest cruise operator, said the Triumph was towed to the Mobile Cruise Terminal by tugboats after the incident. Damage to the vessel was limited, Carnival said in an e-mail. Winds exceeded 70 miles per hour, the company said.

The Triumph was under repair after a fire and engine failure in February left 3,100 passengers adrift off the Mexican coast without electricity and working toilets. The ship was scheduled to return to service June 3.

Carnival said all of the 600 crew members and 200 contractors who were working aboard the ship were accounted for and that there no reports of injuries.

Last month, the company had to fly passengers back to the U.S. from St. Maarten after the emergency generator malfunctioned on its Dream liner. Last year, more than two dozen passengers on Carnival’s Costa Concordia lost their lives after the ship hit a rock off the Italian coast.

Carnival fell (CCL:US) 1.7 percent to $33.63 yesterday in New York, the most in two weeks. The stock is off 8.5 percent this year. BAE fell 1.5 percent to 390 pence yesterday in London and is up 16 percent this year.

To contact the reporter on this story: Christopher Palmeri in Los Angeles at cpalmeri1@bloomberg.net

To contact the editor responsible for this story: Anthony Palazzo at apalazzo@bloomberg.net


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