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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


Kleven Delivers Construction Vessel to Olympic Shipping

Olympic Bibby (Photo courtesy of Kleven)

Offshore construction vessel Olympic Bibby, build no. 371 from Kleven Verft, has been delivered to Norwegian shipowner Olympic Shipping.   The vessel has a long term charter with Bibby Offshore, and its first job will be on the British sector of the North Sea.    The naming ceremony was held in Olympic’s home harbor Fosnavåg April 9. The vessel is 87.5 m long and 19 m wide, making the entrance to the narrow harbor (22 m wide) a spectacular sight, the builder noted


Kleven Delivers to Olympic Shipping

Photo: Martin Hauge Nilsen

Offshore construction vessel Olympic Bibby, build no. 371 from Kleven Verft, has been delivered to Norwegian shipowner Olympic Shipping. The vessel has a long term charter with Bibby Offshore, and its first job will be on the British sector of the North Sea.  The naming ceremony was held in Olympic’s home harbor Fosnavåg April 9. The vessel measures 87.5  x 19m, making the entrance to the narrow harbor (22m wide) a spectacular sight


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


Damen Tugs Delivered to Dutch Navy

Handover ASD Tugs 2810 Hybrid Photo Damen

In an official handover ceremony at the Den Helder Naval Base, the Royal Netherlands Navy took formal delivery of three Damen ASD 2810 Hybrid tugs. In addition to providing an increase in ship handling capacity, the new vessels are also installed with hybrid propulsion systems


Verkuyl New CEO at Feadship Royal Van Lent Yard

Jan-Bart Verkuyl  (Photo: Feadship Royal Van Lent)

Jan-Bart Verkuyl has been appointed the new CEO of Feadship’s Royal Van Lent yard, where he will have overall responsibility for the day to day operations of the current operation in Kaag, its subsidiaries and the second new yard in Amsterdam when it opens in 2018.


Ovation Of The Seas Sets Sail From China

Ovation Of The Seas. Photo by Royal Caribbean

 Royal Caribbean christened their third Quantum class cruise ship, Ovation of the Seas, to huge fanfare in a ceremony in Tianjin, China.   The event marked the first time a Royal Caribbean ship has been named in China, and actress Fan Bingbing became the company’s first ever


Prince Charles Places Final Section of UK Aircraft Carrier

Photo: BAE Systems

The second of the largest warships ever built for the U.K. Royal Navy, the Queen Elizabeth Class carrier HMS Prince of Wales, was given the royal seal of approval when HRH The Prince of Wales, (or Duke of Rothesay, as he is referred to in Scotland)


Wärtsilä Powers the World's Largest Cruise Ship

Harmony of the Seas (Photo: Royal Caribbean International)

Royal Caribbean International's Harmony of the Seas, featuring Wärtsilä engines, propulsion equipment, exhaust scrubber systems, Wärtsilä NACOS Platinum navigation and dynamic positioning systems, as well as Wärtsilä CCTV systems and various electrical &


Thomson Cruises Acquires Second Royal Caribbean Ship

Legend of the Seas. Photo: Royal Caribbean Cruises Ltd

 Royal Caribbean Cruises Ltd. has entered into an agreement to sell Legend of the Seas to Thomson Cruises in the UK.    Legend will depart Royal Caribbean’s 25-ship fleet in March 2017 and immediately transition to its new owner.  


Royal Caribbean Selects Quintiq Software

  Quintiq, a Dassault Systèmes company, announced that Royal Caribbean Cruises Ltd. has selected its software solution to optimize the assignment of more than 80,000 crew members across its various brands and ships globally.  


Seaspan Responds to Canada’s NSS Announcement

Brian Carter (Photo: Seaspan)

In response to the Government of Canada’s announcement of a series of enhancements to strengthen the National Shipbuilding Strategy, Seaspan Shipyards’ president Brian Carter issued a statement commending the government’s efforts and reinforcing the shipbuilder’s role in


Royal Caribbean Orders 3 Ships from STX

STX France signed three ship order. Photo STX

Following the delivery of Harmony of the Seas on May 12 in Saint-Nazaire, the American group Royal Caribbean Cruises Ltd. signed an order for three additional vessels, one for its brand Royal Caribbean International (RCI ) and two brand Celebrity Cruises


Olympic Pact with Canyon Offshore

Olympic Athene. Photo: Olympic Shipping

 Norwegian offshore shipping company Olympic Shipping has entered into a frame agreement with Canyon Offshore for the joint marketing and subsequent operation of the subsea construction vessel (SCV) Olympic Athene and Canyon’s ROV systems.  


High Speed Support Vessel Delivered to Oman Navy

The 72m High Speed Support Vessel (HSSV) RNOV AL MUBSHIR (S11) during sea trials off Western Australia, March 2016. (Photo: Austal)

RNOV Al Mubshir, the first of two 72-meter High Speed Support Vessels (HSSVs) to be built by Austal Limited for the Royal Navy of Oman under a $124.9 million design, construct and integrated logistics support contract, has been delivered.  


World's Biggest Cruise Ship Sets Sail

Photo: Royal Caribbean Cruises Ltd

 The world's largest cruise ship, Harmony of the Seas – which cost US$1 billion to build over 32 months – has been finished and was delivered to owner Royal Caribbean International.   The immense floating town has 18 decks and will be able to carry 6,360 passengers and 2


MTU Diesel Gensets Ordered for UK Combat Ships

Rolls-Royce is to supply 12 MTU diesel gensets with 20V 4000 M53B engines to prime contractor BAE Systems for the first three Type 26 Global Combat Ships due to go into service with the Royal Navy. (Image: MTU)

Rolls-Royce is to supply 12 MTU diesel gensets to prime contractor BAE Systems for the first three Type 26 Global Combat Ships due to go into service with the U.K Royal Navy.    The deal means that the core components of the frigate’s combined propulsion system will come from


Keel Laid for Washington's New Ferry Suquamish

Suquamish Keel Laying Photo WSDOT

Construction officially begins on state’s newest ferry, Suquamish   The Washington State Department of Transportation continues to grow its Olympic Class ferry fleet with a keel laying ceremony marking the beginning of construction of its newest vessel, Suquamish.  


Olympic Subsea Vessel Bags Contract

Olympic Delta. Photo by Olympic Shipping AS

 Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client  to work on a renewable energy project.    The vessel, with the length of 92.55 meters, will be employed in the renewable energy sector






 
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