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The Honolulu Advertiser
Posted on: Wednesday, February 19, 2003

Business briefs

Advertiser Staff

Cruises won't visit Moloka'i

Holland America Line is canceling all scheduled visits to Moloka'i through 2004.

The cruise line said yesterday the move includes an April 15 visit by the Statendam, April 18 call by the Amsterdam and at least four other stops scheduled in late 2003 and 2004.

Holland America said earlier that it planned to cancel its April visits pending a meeting with Moloka'i residents concerned about social and environmental impacts. The cruise line said it is now canceling the rest of its scheduled visits for the same reason.

A company spokeswoman said the visits could be rescheduled if the issues with the Moloka'i residents are resolved, but it was not immediately clear what it would take for that to happen.



Cheapo files for bankruptcy

Cheapo Music & Books has filed for Chapter 11 bankruptcy protection from creditors in an attempt to restructure debts estimated at $100,000 to $500,000.

The company, operator of four retail stores at Puck's Alley, Makaloa Street and Pearl Kai Shopping Center, did not list estimated assets in the filing last week.

Store landlords are among the largest 20 creditors, with unsecured claims totaling $355,000. Hidenori Henry Fukui, president of Cheapo's parent Archipelago Music Corp., said customer traffic had been weak.