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Royal Olympic

Royal Olympic Cruises Cancels Remainder Of Olympic Explorer's Summer Program

Royal Olympic Cruise Lines Inc.announced that it has regretfully been forced to cancel the cruises of its new vessel, Olympic Explorer, for the remainder of the summer season. Although it had been reported that the Company had hoped to commence cruises with the vessel on September 15, it has not been possible to finalize all the discussions with the Blohm+Voss shipyard to allow the necessary technical modifications to be completed by this date. Commenting on the cancellation, Yiannos Pantazis, Royal Olympic's CFO, stated: "It is a real disappointment to us that the ship will not be able to undertake any cruises during the summer season, but we hope to have the vessel ready to commence operations for the next season. The Company said that all passengers booked on Olympic Explorer from September 15 would be offered alternative cruises on other ships of the Company. - (Reuters)


Royal Olympic Considering Proposals

Royal Olympic Cruises Lines stated that a special committee of its outside directors has been considering proposals and alliances involving the company and/or its majority shareholder, ROC Holdings. Consisting of Bobby Melnick, Michael Jolliffe and Nicholas Pisaris, the committee is considering proposals such as a sale of a controlling interest in ROC Holdings that would not involve an offer to purchase the company's publicly held shares


Royal Olympic Cruises Files For Chapter 11 for Two Ship Owning Companies

Royal Olympic Cruise Lines, Inc., announced today that two out of its eight shipowning companies, Olympic World Cruises, Inc., the owner of the vessel Olympia Voyager, and Royal World Cruises, Inc. the owner of the vessel Olympia Explorer, have filed for reorganization under Chapter 11 of the United States bankruptcy code. The company has been in discussion with the lenders to these subsidiaries regarding a potential restructuring of $250


Olympia Explorer Christened in Piraeus

Royal Olympic Cruise Lines Inc. announced that its new cruise ship, Olympia Explorer, was christened at the Port of Piraeus on Friday, June 7, 2002. Vangelis Papathanassiou, the internationally renowned composer and 1982 Oscar winner for his film score for "Chariots of Fire," was the vessel's godfather, assisted by Katerina Potamianos and Marisa Loizou, the daughters of Andreas Potamianos and Costakis Loizou, Royal Olympic's two main shareholders


Royal Olympic Announces Third Quarter Results

Royal Olympic Cruise Lines Inc., reported that third quarter net revenues increased by 11.3 percent to $57.1 million compared to the same period last year. For the nine months ended August 31, 2001, revenues increased by 17.6 percent to $102.6 million compared to $87.3 million during the same period in 2000. The growth in revenues in the third quarter is attributable to an improved summer cruise season and the introduction of Seawing, which contributed $8 million.


Mechanical Problems, Late Deliveries Continue to Plague Industry

A stagnant economy, threat of overcapacity and canceled cruises due to repairs and late deliveries have conspired to slow the hyper-growth cruise industry has enjoyed for the past decade. Even last year's new Millennium, which burst onto the cruise scene with its new gas turbine propulsion, had its share of troubles. Despite unparalleled reassurance by Celebrity that Millennium's propulsion problem was remedied, Infinity, its sistership, which was delivered this past Spring


London Olympics – UK Warship Takes Station

Photo creditHMS Ocean: Photo credit Wiki CCL Graham Richardson

The Royal Navy's Assault Landing Ship, HMS Ocean, sails up the River Thames in preparation for forthcoming Olymics HMS Ocean will berth at Greenwich in east London where she will act as a launch pad for eight Lynx helicopters and a base for Royal Marine snipers in the the final phase of the exercise 'Olympic Guardian', which began earlier this week in Weymouth and in the airspace over the capital. During the Games the ship will also accommodate 300 military personnel who are providing


Aker Yards to build PSV for Olympic

Aker Yards signed a contract worth approximately $22.8 million with Olympic Shipping to build a Platform Supply Vessel of the MT 6009 design. Delivery is scheduled for December 2006. "We are pleased to have received another newbuilding order from Olympic Shipping," said Roy Reite, in charge of Aker Yards' Offshore & Specialized Vessels business area. "This contract confirms our long and good relationship with Olympic Shipping


Oman Drydocks Handls 300th Vessel

Image: Oman Drydock Company

 The Oman Drydock Company has celebrated the handing over of the 300th vessel since starting its operations in 2011, under the auspices of Said bin Hamdoon al Harthy, Undersecretary of the Ministry of Transport and Communications for Ports and Marine Affairs.  The vessel, Olympic Luck, which was delivered yesterday (Jan 21) was converted from a multipurpose vessel to an oil tanker, a milestone achievement and an important project for Oman Drydock Company


WA 144-car Ferries Named ’Olympic’

6813787824_0df49ac156_c.jpg

SEATTLE – The new class of 144-car Washington state ferries currently under construction will be named after a beloved Washington landmark, the Olympics.    The winning name, Olympic, was selected by Transportation Secretary Paula Hammond after a contest among Washington State Department of Transportation employees resulted in more than 130 submissions. “I loved the mountain range theme,” said Hammond


RCCL Plans to Scrub Emissions into Shape

AEP inside the stack of a Royal Caribbean Ship. Photo: Royal Caribbean Cruises Ltd.

As new emission standards enter force across the commercial maritime sector, Royal Caribbean has opted to outfit 19 of its ships with scrubbers from two manufacturers. This month we visit with Harri Kulovaara, EVP, Maritime, and Kevin Douglas, VP, Technical Projects/Newbuilds


British Queen visits Plymouth for HMS Ocean rededication

The Queen honours HMS Ocean refit: Photo by Royal Navy

 The Queen, who is the sponsor of HMS Ocean, attended the celebration of rededication of the ship following a £65 million refit at Devonport dockyard in Plymouth.    HMS Ocean, Britain’s largest warship and helicopter carrier was granted Freedom of the City in 2004


Boskalis Increases Holding in Fugro

Photo: Boskalis

Royal Boskalis Westminster N.V. informs it has increased its holding in Fugro N.V. to 25.1%, stressing that the move is not a step toward making an offer.   “Boskalis views Fugro as an interesting company with strong market positions in its core activities


Canada Ups Arctic Military Gear

Canada and the Arctic - pic by The Department of Foreign Affairs

 Canada plans to spend billions of dollars on new patrol ships, polar satellites, transport upgrade, and winter gear for its troops amid rising demands for the Arctic’s riches.   Both the Royal Canadian Navy and the Royal Canadian Air Force are set to receive some major equipment


Food Handling Products Ordered for Ovation of the Seas

Sister ship to Ovation of the Seas, pictured is the Anthem of the Seas under construction at the Meyer Werft shipyard in Papenburg, Germany. (Photo courtesy of Michael Wessels)

ALMACO informs it has been contracted to deliver food handling products for the Royal Caribbean International’s Ovation of the Seas, the third Quantum-class ship scheduled for delivery during the second quarter of 2016.   The contracts, awarded by Meyer Werft shipyard in Papenburg


Royal Caribbean to Sell Splendour of the Seas

Photo courtesy of RCL

Royal Caribbean Cruises Ltd. announced that it has entered into an agreement to sell its cruise ship Splendour of the Seas to TUI Cruises in the second quarter of 2016. The ship will then be leased to Thomson Cruises, which will operate the vessel.


'Harmony of the Seas' to be World's Largest Cruise Ship

Harmony of the Seas - Image by Royal Caribbean International

 Royal Caribbean International will outdo itself again when it launches MV Harmony of the Seas in April 2016 which shall officially become the world’s largest cruise ship.     The line says the third vessel in its Oasis class series, to be called Harmony of the Seas


This Week's Top Stories

     Concept art for the Shearer Group and Conrad Shipyards LNG powered towboat

  The top stories this week covered everything from a DP system failure, a facelift for a WWII torpedo boat, and some mysterious tankers off the coast of Philadelphia.   The tanker Olympic Flag was carrying 650,000 barrels of Angolan crude when it dropped anchor seven miles off the


Fendercare to Equip New UK Navy OPVs

Fendercare Marine has signed a contract with BAE Systems Naval Ships for the provision of rudder blades, rudder stocks, sleeves/liners for rudder stock, anchors, chain and deck equipment for three new Offshore Patrol Vessels (OPVs) for the U.K. Royal Navy.   


Royal Netherlands Navy Selects Wavestream Bilge Filters

 The Dutch Navy Ship HNLMS De Zeven Provinciën (Photo by Specialist Seaman Apprentice Shonna Cunningham)

The Royal Netherlands Navy has adopted Wave International's Wavestream bilge filters for all relevant size craft to ensure compliance with bilge water discharge legal requirements, theUK-based company announced today. Technautic BV of Wormerveer, The Netherlands Wavestream distributor


Union Rejects Oil Refinery Contract Offer

Union negotiators on Thursday rejected the latest contract offer from oil companies and said the largest U.S. refinery strike since 1980 may spread to more plants beyond the 11 where walkouts are underway. The United Steelworkers union (USW) said in a message to members and news media that the


Record 6 ships docked at Port Canaveral

Image by Port Canaveral Authority

 Port Canaveral was jammed Sunday with both spectators and cruise ship passengers as, for the first time ever, six cruise ships tied up at the port’s docks.  “It’s just a sign of things to come,” Port Canaveral Chief Executive Officer John Walsh said


Royal Caribbean Deploys ElevenOS on Entire Fleet

Photo courtesy of Eleven

Royal Caribbean International has selected ElevenOS as the guest Internet management platform for its entire fleet of cruise ships, and has completed deployment of ElevenOS on all 22 ships at the end of 2014, including smartship Quantum of the Seas


Hundreds Sick, Royal Caribbean Cruise Cut Short

Grandeur of the Seas (Pic: Royal Caribbean)

More than 200 people who became ill aboard a Royal Caribbean cruise ship are back in Baltimore, after a stomach-turning bout with norovirus.  Royal Caribbean cut short the Grandeur of the Seas' scheduled nine-day cruise trip to Jamaica, after 193 passengers and 9 crew members became ill


Lost Fishing Vessel Wreck Located

The missing Belgian fishing vessel, which lost communications in the channel Wednesday, January 28, was located today by a survey vessel, the U.K. Coastguard and Maritime Agency (MCA) reported.   The Dutch authorities have sent to the fishing vessel wreck location a Royal Netherlands Navy






 
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