plague the cruise ship's owners, Celebrity Cruise Lines, who reported a poor financial performance for 1994.

Overseas Shipholding Group Inc. (OSG) is placing partial blame on Celebrity, with which it entered into a joint cruise venture, for its net loss of $6,200,000, or 17 cents a share, for the year ending December 31, 1994.

This compared with a net income of $17,946,00, or 55 cents a share, in 1993.

OSG told Bloomberg Business Wire its 1994 results continued to reflect the weakness in world bulk shipping markets. They also reflected lower than anticipated earnings of Celebrity Cruise Lines Inc. (CCLI).

"While CCLI's net income for the first six months of 1994 increased over the first half of the prior year, the unexpected and unfortunate 11-day withdrawal of a Celebrity vessel ( Horizon ) from service in July, following isolated cases of Legionnaires' disease among passengers, significantly affected CCLI's financial performance for the year,'' Bloomberg reported.

Regular-caller Horizon is slated to return to Bermuda this cruise season with her sister ship Meridian .