CRUISE NEWS:

On this page, additional information will be given on interesting news concerning cruises and cruise ships. The intention is to renew this page on a regular base. The current information consists of the following items. For expired news items please go to page archive.

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*MSC orders 2 Musica class.
* Glorius return of ss.Rotterdam
*Pacific Sun in bad weather again
*Queen Elizabeth-2” the end is near
*Eurodam first visit Rotterdam
*Prince Albert II Silversea new expedition ship
*Central Park on board
* Club Cruise sold Da Vinci (ex.Finnjet) and Astoria.
*Louis Cruises Aquire NCL ships
*Joint venture TUI Cruises and Royal Caribbean (Update)
*Queen Beatrix to christen the Eurodam
*MSC Poesia is the first MSC newbuilds to be christened abroad
*Celebrity orders fith Solstice -class ship
*Pride of Aloha from Hawaii
*Apollo buys Regent and forms holding company
* Queen Victoria the last one in 2007
*Expedition cruise ship Explorer sunk
* Eurodam naming ceremony to be held in Rotterdam
* Dutch Club Cruise aquired New-Flamenco  and Finnjet
*New orders for Fincantieri from Cunard and Costa
*Silversea buys expedition ship World Discoverer
*Second ship for easyCruise.
*Royal Caribbean Cruises Ltd. announced a new French cruise brand.
*Apollo invest $ 1 billion in NCL Corp. to take 50% stake.
*QE-2 Retirement
* Bankruptcy after bankruptcy
 


MSC orders 2 Musica class.

Naples aug.14 - 2008 Despite on the economic situation the rapidly expanding Naples based cruise operator MSC Cruises has signed a contract with Aker Yards for the fifth and sixth unit of the 93,500 gross ton Musica class newbuildings.
The vessels will be built at Aker Yards, Saint-Nazaire and delivered in February 2011 and February 2012 respectively. The contract is still subject to financing,” Aker Yards said in a statement. Each ship will have 2,550 lower berths.
MSC Poesia, third unit of the class, was introduced in April and MSC Magnifica, the fourth ships, is due in 2010. The company also has two 133,500 gross ton newbuildings on order at the same builder and MSC Fantasia, the first of them is due to enter service in December this year and MSC Splendida in 2009.

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Glorius return of ss.Rotterdam:

Rotterdam aug.4-2008 Thousands of spectators stood along the New Waterway when the ss. "Rotterdam" return home on Aug.4 - 2008 almost 49 year after her birthday. At about 4 pm. she entered the New Waterway. Towed by four Kotugs tugboats to her final destination at the 3e Katendrechtse Hoofd at Maashaven where she was moored ...................

Please read more and watch many images >>>>

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Pacific Sun in bad weather again:

Auckland N-Z  july 30 - 2008  42 passengers have received medical attention after PACIFIC SUN was hit by severe weather, experienced  7 metre swells and 50 knot winds causing her to roll sharply  just before 8 pm last night. Three passengers with broken bones were taken to a hospital in Auckland. The ship was en route from Vanuatu to Auckland following an eight day cruise in the South Pacific, and is now holding its position about 540 kilometres north east of New Zealand. Several elderly people among the 1,732 passengers and 671 crew left the ship with arms bound in slings. The ship docked august-1 in Auckland.
One year ago an equal accident in the same area took place.

Please read more about the Pacific Sun: >>>

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“Queen Elizabeth-2” the end is near!

Southamton June -2008 Almost one year ago it was announced that the ship has been purchased by the Dubai investment company Istithmar for $100 million.
July 18 and 19 she has visit for the last time Rotterdam and Zeebrugge. In Zeebrugge together with her successor “Queen Victoria”.
Her Final Voyage starts on nov.11. A 16 days cruise brings her to the final destination Dubai. After arrival, she will be refurbished and berthed permanently at the Palm Jumeirah from 2009 as a luxury floating hotel, retail, museum and entertainment destination. The refurbishments will see the restoration of the Queen Elizabeth -2  original 1969 interior. Before her final voyage a serie of Mediterranean, British Island and Canada/New England cruises are planned. On oct.10 starts her final Transatlantic Crossing.

The QE-2 is a remarkable ship ......  Please read more . >>>

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Eurodam first visit Rotterdam:

Rotterdam  june 29 – 2008  Sunday early morning on june 29 the “Eurodam” visit for the first time her homeport Rotterdam. With one more passenger deck than Holland America's Vista-class ships, the 11-deck Eurodam will be Holland America's largest ship. The “Eurodam” has visit first Southampton, England, on June 27. In Rotterdam to begin a series of introductory events for past guests, travel sellers, media and local officials. Three days of festivities including a naming ceremony with Her Majesty Queen Beatrix of the Netherlands officially dedicating the ship on July 1. July 2 the ship set sail to Hamburg and Copenhagen. From Copenhagen their cruiseseason will be started.

Please read more: >>>

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Prince Albert II Silversea new expedition ship:  

Monte Carlo June 3-2008  In Monte Carlo's harbor on july 3 the expedition ship “Prince Albert II” officially joined the Silversea fleet during a naming ceremony in the presence of HSH Prince Albert II of Monaco. The “Prince Albert II” is the former “World Discoverer” bought september 25-2007 by Silversea. Fresh from a multimillion dollar renovation at Fincantieri Shipyard – Venice, the Prince Albert II boasts the largest average size accommodations of any expedition ship. The ship will maintain the line's reputation for intimate yet spacious ships.  An unmatched selection of 20 premium suites has been created especially for the discriminating traveler with 350 to 675 square feet of luxurious living space, double private French balconies or large private verandas, and additional elite amenities including butler service. All 66 ocean-view accommodations are tastefully appointed and have private marble bathrooms with bathtubs. The Prince Albert II welcomes her first guests on June 12 as she sets sail from London on an Inaugural Season of voyages of 10 to 22 days focusing on polar adventures. Sailing first to the Arctic Circle, Svalbard, Iceland and Greenland for the summer, the ship will then reposition to South America and Antarctica for autumn and winter voyages

Please read more: >>>>

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Central Park on board:

Miami/Helsinki june-2008  With the astounding array of choices and amenities being introduced on Royal Caribbean International's next generation of cruise ships, vacationers will be hard-pressed to find another experience as spectacular as what they will enjoy on “Oasis of the Seas” and “Allure of the Seas”. Such as a Central Park on board. Central Park, a revolutionary design in which the center of the ship opens to the sky, features lush, tropical grounds spanning the length of a football field. With its serene pathways, seasonal flower gardens and canopy trees, Central Park will evolve from a tranquil and peaceful atmosphere during the day to a gathering space for alfresco dining and entertainment in the evening, where guests will enjoy concerts and street performances. Several bars will be scattered throughout the Park, including the Canopy Bar, located at one of two impressive glass-domed canopies, and the unique Rising Tide bar—the first moving bar at sea. The inaugural voyage of the“Oasis of the Seas”  planned for 12th December 2009. “Allure of the Seas” will follow one year later. More innovative attractions on board will announced soon.

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Club Cruise sold Da Vinci (ex.Finnjet) and Astoria :

Veenendaal, may-2008  Club Cruise adventure with the "Da Vinci", the ex. "Finnjet" is of very short duration. In shipping circles, there was already several times expressed some doubts about the purchase of the ship. To transform the Da Vinci to an economic cruiseship, which is the purpose of Club Cruise, there would be a lot of money and time should be put in. The "Finnjet"  aquired in late last year for an amount of appr. $ 11 million. After it had been revealed that the renovation would be too expensive, the ship difficult to operate economically and it would be impossible to get a charter contract. The decision was made to  sold the Da Vinci for scrapping. For an amount of appr. $ 9.85 milj.the Da Vinci sold to a broker in the Middle East. The whole deal was a financial loss for Club Cruise. The ship was renamed "Kingdom" and towards a scrapyard in India. In Finland are still trying the ship for scrapping to save, but the chance of that is minimal.
Through the sale of the "Astoria" to the British Saga Cruises, the loss of the DaVinci hopefully be in a better perspective. The "Astoria" now still under charter by the German Transoceaan be transferred in april 2009.

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Louis Cruises aquire NCL ships:
Miami/Cyprus, April 22 – 2008 - Louis plc has entered into an agreement with Star Cruises for the purchase of two of its cruise ships, namely the Norwegian Dream and the Norwegian Majesty for a total amount of US $ 380 million (Euro 240 million). The purchase price for the first one is US $218 million (Euro 138 million) and US $162 million (Euro 102 million) for the second one. As per the terms of the agreement, the two cruise ships will be chartered back to Star Cruises until November 2008 for the Norwegian Dream and December 2009 for the Norwegian Majesty. The funding has been undertaken by DVB Bank, the global specialist transportation finance bank. The purchase of these two cruise ships constitutes the most important renewal and upgrading of the Louis Cruise Lines fleet in its twenty-two year old history and at the same time it further enhances the company’s leading position in the Eastern Mediterranean cruise market.

The Group also proceeded with the acquisition of the proprietorship of cruise ships Thomson Destiny and Thomson Spirit, which are held by the Company within the framework of the bear/boat/hire purchase agreement against the sum of €80.0 million. The ships are chartered with TUI until 2011. The owner of the Thomson Destiny was the Norwegian Fulmar Group. The Thomson Spirit was owned by Windsurf a Carnival/HAL daughter.

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Joint Venture TUI Cruises and Royal Caribbean Cruises Ltd.
 

Miami /Hannover, April 22 - 2008 -- Royal Caribbean Cruise Ltd. and TUI AG today announced that they have successfully closed on their joint venture to form TUI Cruises, a cruise line specifically designed to serve the German cruise market. The companies announced their intentions to form TUI Cruises on December 10, 2007. On March 10, 2008, they received permission to move forward from European antitrust regulators. Each company holds a 50 percent interest in the joint venture.Further details regarding the brand's first ship and the TUI Cruises product will be revealed at an April 29 press event in Hamburg. The first ship will be a second hand Royal Caribbean or Celebrity cruiseship and start cruising in may 2009.

April 29 2008 - Celebrity Cruises' Celebrity Galaxy will become the first ship of TUI Cruises, a new cruise brand established through a joint venture between Royal Caribbean Cruises Ltd.
According to TUI Cruises, EUR 50 million will be spent during a two-month drydocking in March thru May, 2009.
Lower-bed capacity is to increase to 1,960. In her new incarnation "Celebrity Galaxy" will have 327 inside cabins (+18), 223 oceanview cabins (-202) and 430 balcony cabins (+210). The spa area will be completly rebuilt and greatly expanded from 870 m² to 1,750 m².
New name is not announced yet.

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Queen Beatrix to christen the Eurodam:

Miami/Rotterdam, March 11-2008 -Holland America Line will continue its traditional ties to the Netherlands when Queen Beatrix names the new Eurodam on July 1 in Rotterdam. The news was announced by HAL president and ceo Stein Kruse today at Seatrade Miami. The naming ceremony will take place at Rotterdam’s Wilhelminakade, steps from HAL’s historic headquarters and its current European head office.The naming ceremony on July 1 will include festivities along Wilhelminakade, Rotterdam's cruise ship terminal area, in front of the former headquarters of Holland America Line, which is now Hotel New York. The company was founded in1873 at Rotterdam.

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MSC Poesia the first MSC newbuilds to be christened abroad:

Genua Febr./March - 2008 -MSC Poesia is the first of our newbuilds to be christened abroad,’ stated Pierfrancesco Vago, ceo of MSC Cruises. ‘Dover was chosen as a venue for her christening to highlight the importance of the UK market for the cruising industry,’ he stated. MSC Cruises has announced Their Royal Highnesses Prince and Princess Michael of Kent will attend the launch of the new ship MSC Poesia in Dover on April 5. Prince Michael is Her Majesty The Queen's first cousin.In addition to godmother Sophia Loren other celebrities performing live on board at the ship’s naming event are Italian opera star Andrea Bocelli, singer/songwriter KT Tunstall and young jazz supremo, Peter Grant,accompanied by the Ronnie Scott Orchestra.

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 Celebrity Cruises orders fifth Solstice-Class Ship:

Papenburg, February 15- 2008 - The US cruise operator Celebrity Cruises (Miami), a subsidiary of Royal Caribbean Cruises Ltd, has ordered a fifth big cruise liner from Meyer Werft in Papenburg. The previous contracts for four ships of the Solstice class are now followed by a pre-contract for the construction of a fifth cruise ship.Delivery of the fifth ship is scheduled for the autumn of 2012. The first ship of this class, the Celebrity Solstice, will be delivered in the autumn this year. The other ships will follow at one-year intervals each.

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Pride of Aloha withdraw from Hawaii: 

Miami/Honolulu, Feb 12 - 2008 Lots of people in Hawaii as well as passengers booked on NCL America cruises this summer were surprised  to hear that Pride of Aloha will be leaving the NCLA fleet as early as May, leaving Pride of America to be the only US-flagged ship sailing within Hawaii, and its 7-day itinerary will also be modified in May.Commenting on Pride of Aloha’s withdrawal from Hawaii service – leaving NCL America a one-ship operation for the near future, president and ceo Colin Veitch again blamed foreign-flag competition for driving down pricing. The first ship leaving NCLA fleet was the Pride of Hawaii now sailing for NCL under the name of Norwegian Jade. Pride of Aloha will go to Star Cruises for cruises in the Far East.
 

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Apollo buys Regent and forms holding company:

Minneapolis -dec 11-2007 Private equity investor Apollo Management L.P. is increasing its involvement in the cruise market. It has agreed to acquire the Regent Seven Seas Cruises operations of Carlson Companies, Inc. The acquisition is expected to be completed in the first quarter of 2008 subject to normal conditions for a transaction of this type, including regulatory approval The cruise operations will continue as a key part of the global Regent brand. Regent Seven Seas Cruises and Oceania Cruises will be placed under the ownership of Prestige Cruise Holdings, Inc. (PCH), a corporation controlled by Apollo which will manage certain cruise portfolio assets of Apollo. NCL Corporation will remain a separate holding outside of PCH. Regent Seven Seas Cruises will remain a wholly independent brand under the guidance of Mark Conroy, president of Regent Seven Seas Cruises,and will continue to operate from its Fort Lauderdale, Florida headquarters, and Oceania Cruises will remain in its Miami headquarters, headed by Bob Binder, president of Oceania Cruises. Both Binder and Conroy will report directly to Frank Del Rio, chairman and CEO of Prestige Cruise Holdings. The transaction is part of a unified strategy undertaken by Apollo and Carlson to expand their respective core cruise and hotel operations, and become the world's pre-eminent operators of luxury hotels, resorts andcruises. Carlson will retain ownership of the master Regent brand, along with the worldwide operations of Regent Hotels & Resorts

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Queen Victoria the last one in 2007:

Southampton - dec. 11-2007 Queen Victoria the last cruiseship deliverd  in 2007. This ship will be more or less similar to HAL's line of Vista-class vessels, but with Cunard's own twists in the design and slightly larger. In September 2004 the design was enlarged as part of an order of four other ships from Fincantieri. It was originally slated for 88,000 tons and a capacity of 1968. Eleven meters were added to the length raising the tonnage to 90,049 and increasing the capacity to 2014, but the ship will still be able to transit the Panama Canal. Cunard takes delivery of the Queen Victoria on Nov.24. The ceremony, take place on board the new vessel at the Fincantieri Marghera shipyard. Queen Victoria is due to leave the shipyard on 30 November, and sail to Southampton. Cunard’s new ocean liner, will be named by Her Royal Highness The Duchess of Cornwall, in the presence of His Royal Highness The Prince of Wales, during a spectacular ceremony to be held in Southampton on Monday 10 December. The Maiden Voyage starts on Tuesday 11 December. For more technical info and images please go to: http://www.nedcruise.info/queen_victoria.htm

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Expedition cruise ship Explorer sunk:

Punta Arenas nov.23-2007 The dramatic story of ice-classed expedition cruise ship  EXPLORER sinking off Argentina's coast in the Antarctic Ocean after striking an underwater object likely an iceberg. All 154 passengers and crew have been safely evacuated to 11,386 gt NORDNORGE by life rafts. The Nordnorge was also involved with the rescue, earlier this year, of the stranding of sistership Nordkapp in the same area. The 2,393 gt expedition ship remains at a 30 degree list to starboard in Bransfield Strait off King George Island.  She sunk in about 15 hours time. The weather condition was pretty good for that area because it can change very rapid. The 1969-built Explorer owned by Canadian Gap Shipping, a subsidiary of Gap Adventures and fly the Liberian flag. Antarctica is an unforgiving maritime environment but there is risk to cruising her waters.Lloyd’s List has discovered that the vessel had five deficiencies at its last inspection, including missing search and rescue plans and lifeboat maintenance problems. Watertight doors were described as 'not as required' and the fire safety measures also attracted criticism.

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Eurodam naming ceremony to be held in Rotterdam:

Seattle/Rotterdam nov.5-2007 Holland - America Line will hold the official naming ceremony for the Eurodam on  July 1, 2008, in Rotterdam the city where the 135-year-old Dutch company was founded. The naming will be held near the company’s original headquarters, now the Hotel New York. A number of events and activities are being planned. The name of the ship's godmother is not mentioned yet. The ship arrives June 29 for four days of celebration and departs July 2 on a three-day prelude cruise to Copenhagen - Denmark. To reach Rotterdam the Eurodam will sail from Venice, Italy, to Southampton, England. Events will be held in both cities to showcase the ship. Fincantieri shipyard and Holland America Line will celebrate the ship’s completion in Venice.

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Dutch Club Cruise aquired New-Flamenco and Finnjet:

Veenendaal  nov. 3 - 2007 Dutch Club Cruise has purchased  the New-Flamenco. The fast expanding Dutch company acquired its fifth ship. The New-Flamenco, the former Flamenco of deduct Festival Cruises is currently on charter, sailing  for Spanish Globelia/Travelplan. The owner of the ship was Fulton Shipping Inc.- Panama an affiliated  Ravenscroft Shipmanagement company. The New-Flamenco built in 1972 as Spirit of London meet 17.042 tons. Passenger capacity based on two is 798 persons.The price was not disclosed. Change of ownership will be effected on nov. 6. The New-Flamenco will not be renamed.

The ship will be deployed from january 1 -2008 for the first 6-9 month's as hotelship in New-Caledonia. After this period end 2008 the ship will on charter to Japanese Peaceboat organisation for approx. 5 years.

3 Weeks after the company's acquisition of New-Flamenco Dutch-based Club Cruise has acquired FINNJET. This fast ferry powered by gas-turbines of in total 55.000 kW and a max. speed of 32 knots was owned by Silja Line a Sea Container company. Ferry operations in the Baltic mainly between Finland and Germany was ended sept. 2005. After that time she stint as an accommodation ship at New Orleans after Hurricane Katrina until june 2006. Until the purchase by Club Cruise she has been laid up in the Bahamas. To save fuel consumption 2 diesel electric powerplants of in total 11.400 kW have been added in 1981. Its  reduced the speed to 18.5 knots mostly used in winterperiod sailings. No details have emerged as to what it intends to do with the ship, however to use the Finnjet as a cruise ship an important refurbishment in accommodation as well in powerplants is necessary. Club Cruise owns the van Gogh-Albatros-Astoria-Jules Verne ( in 2008 renamed in Alexander von Humboldt) - New-Flamenco and the Finnjet. All ships are chartered out.

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New orders for Fincantieri:

Italy October 10 and 18 - 2007 First order came from Cunard. Cunard has signed an order with Fincantieri to build a new 2,092–passenger ocean liner, at an all-in cost of approximately €500m. The 92,000gt vessel, to be called Queen Elizabeth, will be the second largest Cunarder ever built and is scheduled to enter service in the autumn of 2010. The Queen has given her blessing to our calling this new Cunarder 'Queen Elizabeth', after our first vessel of that name." The new ship follows a long line of famous Cunard liners stretching back to the company's inception as the first operator of a timetabled transatlantic service 167 years ago.

Second from Costa Crociere. Costa Crociere, the leading cruise line in Italy and Europe, has announced an order for two new 114,200-ton ships to be delivered in 2011 and 2012. Costa Crociere S.p.a,  signed an agreement with Italian shipbuilder Fincantieri for the construction of the two new vessels at an all-in cost of approximately €1 billion (€510 million per ship). The two new ships will be built at Fincantieri's Marghera shipyard and will be sister ships to the Costa Concordia, Costa Serena and Costa Pacifica, the latter of which is currently being built at Fincantieri’s Sestri Ponente shipyard. The new ships will each be able to accommodate 3,780 passengers in total (including all upper berths) or 3,012 guests based on double occupancy. Both Cunard and Costa are units of Carnival Corporation & plc

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Silversea buys expedition ship World Discoverer:

Monaco September 25 - 2007  Silversea Cruises' parent company, Silversea Cruises Group Ltd., announced today that it has purchased the expedition ship World Discoverer. The company took delivery of the vessel in Singapore on September 17. The ship will undergo a multi-million dollar refurbishment before it begins service in spring 2008.
Acquisition Opens Door to Antarctic Explorations We believe that exploration cruises can combine extremely well with an utterly exclusive product. With the addition of World Discoverer, our current fleet increases to five ships and to six in 2009, offering a more-expansive cruise schedule that encompasses all seven continents.The 6,072-ton vessel also boasts a strengthened hull with the highest Lloyd's Register ice-class notation (1A), appropriate for navigating waters, without an escort, in some of the world's most remote regions, including Antarctica.
New name and more details concerning the refurbishment will given shortly.

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Second ship for easyCruise:

Cyprus Sept.11 - 2007 easyCruise has acquired a second ship, to be named easyCruise Life, which will join the fleet with a new seven-day cruise to the Greek Islands and Turkey starting next spring.
The 1981-built ship, formerly The Jasmine, was sold by Mano Maritime last August and is currently sailing as Farah, operated by
International Maritime Investments out of Jordan
easyCruise is due to take delivery in October before undertaking a refurbishment programme. easyCruise Life will have capacity of around 500 lower berths compared to easyCruiseOne’s 232. From April 2008, easyCruise Life will sail to six Greek islands, from Syros and Samos to Kalymnos, Kos, Paros and Mykonos for a 24-hour stay. easyCruise will visit Turkey for the first time with a full day and night in Bodrum. Customers can choose where to join the cruise – in Athens on Saturday or in Bodrum on Monday. The newbuilding programme for up to four new ships is still on the agenda although ‘not far on’ from when originally announced in 2005.

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Royal Caribbean Cruises Ltd. announced a new French cruise brand.

Miami, Sept. 12 - 2007 Continuing its expansion in Europe, Royal Caribbean Cruises Ltd. announced a new French cruise brand.CDF Croisieres de France, committed to the French market. The new brand will begin sailing its first ship, Bleu de France, in May, 2008, after the ship has completed extensive renovations and undergone a cultural transformation wholly adapting the brand experience to French tastes.The onboard experience of Bleu de France's guests will be totally French, from cuisine to entertainment to decor. French will be the language used on the ship as well.The Bleu de France will be the former Holiday Dream of Pullmantur.
The ship will sail a Mediterranean itinerary, departing from Marseille, France, starting in Spring, 2008. It will shift to a Caribbean routing,
sailing out of La Romana, Dominican Republic, beginning in Winter, 2008-2009.

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APOLLO INVEST $ 1 Bn. IN NCL Corp. TO TAKE 50% STAKE:

Miami, August  17 - 2007 NCL Corporation Ltd. (NCLC) parent company of Norwegian Cruise Line (NCL) and NCL America, announced today that private equity group, Apollo Management, has agreed to make a $1 billion cash equity investment in the recapitalised NCLC. Star Cruises is retaining all its existing stock in NCL and will be a 50% owner of the recapitalized company. The company is not being sold. The investment, in the form of common stock alongside NCL’s existing sole shareholder, Star Cruises, is designed to strengthen NCL’s balance sheet and its continued growth, NCL said in a statement.
Today's news follows the Star's suspension of its share trading in HongKong and Singaporeon Monday, pending the release of price-sensitive information. Following the transaction, expected to be closed in 4Q07, Apollo will have three members on the NCL board, and Star Cruises will have two, giving Apollo effective control (although Star will retain "certain consent rights with respect to expenditures, acquisitions and divestitures, indebtedness, etc."). Proceeds will be used to pay down debt and increase liquidity for NCL's newbuilding programme. Also, Apollo and Star will enter into a sub-agreement related to NCL's US-flag Hawaii operations, providing for "deferred consideration to be paid to Star by NCL in the future". That agreement is designed to support NCL-America  business in the near term and permit NCL America time to realise the benefits of various measures to raise yields and lower turnover.
Apollo and Star also agreed to allow time to see if recently implemented actions can turn around the struggling U.S.-flag operations. Meanwhile, Star will continue to underwrite NCL America’s losses, up to $50m, after which the losses will be split by Star and NCL. Should the operation be discontinued, plans include the transfer of one ship to Star and one ship to NCL’s international fleet.
Apollo acquired last February an unspecified controlling in interest in Oceania Cruises that valued the company at $850 million.
There will be no change in NCL’s management or day to day operations, according to Steve Martinez, partner of Apollo Management. The company has no immediate plans to increase its stake in NCL nor to combine it with Oceania Cruises, in which Apollo invested $850m earlier this year, he added.

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QE-2 RETIREMENT:

London June 18- 2007- Cunard has set the date for the end of an era. Queen Elizabeth 2 will retire in November 2008, but unlike so many other classic ships, it will certainly live on because Cunard has sold it to Istithmar,the investment arm of Dubai World,who will restore it and pour the funds into it which are necessary to maintain it.The QE2 will be delivered to Dubai World in November 2008, where she will cease her role as an ocean-going passenger vessel and be refurbished and adapted for her new home as a first class tourism destination. From 2009,the vessel will be berthed at a specially-constructed pier at The Palm Jumeirah, the world’s largest man-made island,to create a luxury floating hotel, retail and entertainment destination.The ship, which was delivered in 1969.Is the longest-serving ship in Cunard’s 168-year history, and was their longestserving flagship. She has undertaken 25 world cruises, has crossed the Atlantic more than 800 times and has carried more than 2.5 million passengers. The cost of the deal is said to be worth US $ 100 million.

For shipdetails and images please visit: http://www.nedcruise.info/queen%20elizabeth%202.htm

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BANKRUPTCY AFTER BANKRUPTCY:

Due to the tremendous new-building programs and of course the Sept. 11 tragedy many cruise lines went for chapter 11 protection or bankruptcy. The most of them will never survive in future. Here are the facts who are following?
List is based on situation Sept. 2000 until this moment. Dates are the first date, that financial trouble came into publication. Some of the bankruptcs are described in detail on the page News or Archive.

PREMIER CRUISE LINE - USA:  Sept.19-2000

COMMODORE CRUISE LINE - USA: Dec.30-2000

RENAISSANCE CRUISES - USA :  Sept. 25 - 2001

AMERICAN CLASSIC VOYAGES - USA: October 19 - 2001

REGAL CRUISES Inc. -USA:  April 28 - 2003

SUN BAY - CRUISES -GERMANY:  Sept. - 2003

OCEAN CLUB CRUISES - MARSHALL ISLANDS:  Jan. 10 - 2004

FIRST EUROPEAN/FESTIVAL CRUISES- GREECE/FRANCE;  March 8-2004

SOCIETY EXPEDITIONS - GERMANY: June 26 - 2004

ATW CRUISES -SAFEZONE - AUSTRALIA:  Dec. - 2004

ROYAL OLYMPIA CRUISES - GREECE:  Januari 2005

HOLIDAY KREUZFAHRTEN - GERMANY   Sept. - 2006

WINDJAMMER BAREBOAT CRUISES    Oct. 2007

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