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The refinancing will lead to an influx of $30 million and will boost the Company’s abilities for further development.
No profit or loss is expected to result.
Sunbird has changed its name to Thomson Destiny and will be chartered to Thomson Cruises, subsidiary of TUI the largest tour operator, from May 2005 to November 2011.
Also,
TRITON was acquired by Louis Cruise Lines for $9.5 million.
WORLD RENAISSANCE goes to Ravenscroft Shipping-linked Elysian Cruises for$3.4 million. Louis bid for the ship, but wasn't the successful bidder in this case.
ODYSSEUS has been acquired by "Asian buyers" and it is believed she's headed for the breakers.
Nikolas
quote:NicholasK wrote:ODYSSEUS has been acquired by "Asian buyers" and it is believed she's headed for the breakers.
Any more info on who these Asian buyers are? Chinese, Indian, Bangladeshi...?
Thanks for the info.
******
Cheers
quote:Originally posted by NicholasK:ODYSSEUS has been acquired by "Asian buyers" and it is believed she's headed for the breakers.
from Seatrade:
quote: New homes for ROC trio7/4/2005The three remaining Royal Olympia ships which were auctioned yesterday in Greece all found new owners, Seatrade Insider has learnt. Purchaser of 1971-built, 13,995gt Triton is Louis Cruises Hellenic at a price of $9.5m, whilst 1966-built World Renaissance was snapped up by Ravenscroft Shipping for $3.4m.According to the liquidator, a Chinese company registered as IP bought 9,821gt Odysseus for $2.2m. It is unclear at this stage what the future holds for ROC which has been operating under the protection of Article 45, a Greek bankruptcy reorganization regulation similar to Chapter 11 in the US.
tyler
quote:It is unclear at this stage what the future holds for ROC
quote:According to the liquidator, a Chinese company registered as IP bought 9,821gt Odysseus for $2.2m.
Got a fair idea who they could be.
Calypso, Perla and Triton will be operating from Pireues.
Sapphire and Aquamarine will be operating from Italy.
Thomson Destiny, Thomson Spirit and Emerald will be operating for Thomson.
And finally,
Princesa Marissa, Ausonia and Serenade will be operating from Cyprus.
Also Ausonia wont be renamed to Ithaca
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