At Sea with Doug Newman

Oceania Cruises has revealed further details about its pair of new ships being built at Fincantieri’s Sestri Ponente shipyard, which will enter service in 2010 and 2011. The 1,252-berth, 66,000 GT ships will incorporate many design elements that have become popular on Oceania’s existing ships, including popular public areas like Martinis, Horizons, the Grand Bar, [...]

Carlson Companies has sold Regent Seven Seas Cruises to private-equity firm Apollo Management. Apollo purchased a majority interest in Oceania Cruises in January, and the two brands will form a new company called Prestige Cruise Holdings (PCH). Oceania CEO Frank Del Rio will become CEO of PCH; Oceania and Regent will maintain their own independent [...]