Question

Is this correct?

To Whom It May Concern,

In regards to the Memorial Day fiasco aboard you cruise ship, Star Princess. We would like to offer our sincere apology for our part in the mishap. While we do not plan on taking legal action against you or the Moroccan authorities, we are requesting an apology in English-this time from both parties-to avoid another Waterloo. Captain Johnson may-just want to remember a few key items...
1. That in a crisis sometimes it`s better not to just rock back-forth asking yourself, "Coke or Pepsi? Coke or Pepsi?"
2. When in Morocco the Moroccan Navy is not to be trifled with; especially when one is armed with only water balloons and a flare gun.

Answer 1

No, it's not.

Fix all the fragments:
http://grammar.ccc.commnet.edu/grammar/fragments.htm

Learn the difference between hyphens and dashes, not only what they look like but how each is to be used:
http://grammar.ccc.commnet.edu/grammar/marks/hyphen.htm
and
http://grammar.ccc.commnet.edu/grammar/marks/dash.htm

Try again.