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"Louis plc announces that within the framework of its policy for a renewal and reorganization of the fleet, it has proceeded with the sale of the two oldest cruise ships m/v Princesa Marissa and m/v Serenade against the sum of $8.4 million €5.4 million).
The Group also proceeded with the acquisition of the proprietorship of cruise ships m/v Thomson Destiny (725 cabins) and m/v Thomson Spirit (627 cabins), which are held by the Company within the framework of the bear/boat/hire purchase agreement against the sum of $123.5 million (€80.0 million).
It is reminded that m/v Thomson Spirit and m/v Thomson Destiny are chartered with TUI until 2011.
From the sale above, it is expected that the total net profit will reach €3.0 million."
Tony
Other than Pullmantur's OCEAN DREAM (ex TROPICALE), are there any other ex-Carnival ships sailing for non-Carnival Group companies?
Rich
quote:Other than Pullmantur's OCEAN DREAM (ex TROPICALE), are there any other ex-Carnival ships sailing for non-Carnival Group companies?
Rotterdam V doesn't count, does she?
Best,
Raoul
quote:Originally posted by ahrpd:It's just occurred to me that THOMSON SPIRIT becomes one of the few ships sold by Carnival out of its corporate fleet (ex HAL's NIEUW AMSTERDAM). Other than Pullmantur's OCEAN DREAM (ex TROPICALE), are there any other ex-Carnival ships sailing for non-Carnival Group companies?Tony
[ 05-06-2008: Message edited by: Ernst ]
quote:Originally posted by ahrpd:Other than Pullmantur's OCEAN DREAM (ex TROPICALE), are there any other ex-Carnival ships sailing for non-Carnival Group companies?
quote:Originally posted by Waynaro:There is also THOMSON CELEBRATION, which is the former NOORDAM.
quote:Originally posted by ahrpd:From the Louis Group:"Louis plc announces that within the framework of its policy for a renewal and reorganization of the fleet, it has proceeded with the sale of the two oldest cruise ships m/v Princesa Marissa and m/v Serenade against the sum of $8.4 million €5.4 million). The Group also proceeded with the acquisition of the proprietorship of cruise ships m/v Thomson Destiny (725 cabins) and m/v Thomson Spirit (627 cabins), which are held by the Company within the framework of the bear/boat/hire purchase agreement against the sum of $123.5 million (€80.0 million). It is reminded that m/v Thomson Spirit and m/v Thomson Destiny are chartered with TUI until 2011. From the sale above, it is expected that the total net profit will reach €3.0 million."Tony
I guess with these two ships leaving the fleet now, Ivory (ex Ausonia) shall be the next one to follow given that it is the only remaining ship in the fleet that is really old.
quote:Originally posted by dougnewman: She's still owned by HAL.
By the way, what about SKY WONDER (ex. FAIRSKY, SKY PRINCESS, PACIFIC SKY)?
Louis Cruise ship ' Sapphire ', although modern in design , dates back to about 1967 so unless she is updated for the Solas 2010 regulations she could also be heading for the breakers.
Neil ( Bob )
quote:Originally posted by Waynaro:Thanks Doug. So Thomson chartered her directly from HAL or thur Louis? I thought I remember reading something that links Louis with this ship.
quote:Originally posted by Waynaro:By the way, what about SKY WONDER (ex. FAIRSKY, SKY PRINCESS, PACIFIC SKY)?
I would say she is chartered directly from HAL. Ownership is still held by HAL Antillen I believe. She is also still registered at Philipsburg, St Maarten (Netherlands Antilles). She was also registered there during her HAL years for quite a while.
quote:Originally posted by Waynaro:Thanks Doug. So Thomson chartered her directly from HAL or thur Louis? I thought I remember reading something that links Louis with this ship.By the way, what about SKY WONDER (ex. FAIRSKY, SKY PRINCESS, PACIFIC SKY)?
MyTravel decided to wind up its cruise operations as part of a bid to remain solvent and sold two of its ships to Louis in April 2004 – CAROUSEL, renamed AQUAMARINE, on a hire purchase deal for $US14 million and SUNBIRD, which became THOMSON DESTINY. Having paid $US71 million for the Destiny, Louis immediately re-sold her to a Norwegian K/S Investment Partnership, Med Cruise, for $US90 million but leased her back for ten years.
quote:Originally posted by rd77:Wayne,I would say she is chartered directly from HAL. Ownership is still held by HAL Antillen I believe. She is also still registered at Philipsburg, St Maarten (Netherlands Antilles). She was also registered there during her HAL years for quite a while.
quote: Originally posted by ahrpd:Having paid $US71 million for the Destiny, Louis immediately re-sold her to a Norwegian K/S Investment Partnership, Med Cruise, for $US90 million but leased her back for ten years.
quote:Originally posted by Waynaro:So in the press release, Louis is basically saying they bought the ship back from Med Cruises?
The deal done a few years ago was a hire-purchase agreement meaning that Louis would hire her for the first few years and still have the right to purchase her at a pre-agreed price.
This appears to have happened now so both the Thomson Spirit and Destiny have been fully purchased by Louis.
"The Group also proceeded with the acquisition of the proprietorship of cruise ships m/v Thomson Destiny (725 cabins) and m/v Thomson Spirit (627 cabins), which are held by the Company within the framework of the bear/boat/hire purchase agreement against the sum of $123.5 million (€80.0 million). "
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