Entries Tagged as ‘International Shipping Partners’

Friday, 27 June 2008

Clipper Group Buys Cape Twins

Clipper Group has acquired the 4,954 GT, 226-berth sister ships Cape Cod Light and Cape May Light from the US Maritime Administration (Marad) for $9 million each. Both ships will be upgraded and offered for charter beginning in the summer of 2009 as Clipper Discoverer and Clipper Voyager respectively. The ships will be managed by [...]

Wednesday, 23 April 2008

Louis Buys Norwegian Dream and Norwegian Majesty

Louis Cruise Lines parent Louis plc has purchased the 50,764 GT, 1,742-berth Norwegian Dream and 40,876 GT, 1,462-berth Norwegian Majesty from Star Cruises for $218 million and $162 million respectively. Both ships are currently chartered by Star to Norwegian Cruise Line, in which Star has a 50% interest, and Louis will charter them back [...]

Friday, 18 April 2008

Seatrade: Pride of America Not Sold

Seatrade Insider News reports that Star Cruises has not yet succeeded in re-selling the 77,104 GT, 2,002-berth Pride of Aloha, which will be delivered to it from NCL next month. According to its source, Star is asking $320 million for the ship, valued at $340 million in financial statements, and Royal Caribbean Cruises Ltd. [...]