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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


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


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 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


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.


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


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


Australian Navy: Torpedo Firings on the Mark

Photo: Royal Australian Navy

 The Royal Australian Navy has tested its primary anti-submarine warfare weapon during Exercise OCEAN EXPLORER off the coast of Western Australia recently.   HMAS Melbourne, with the support of Collins class submarine HMAS Dechaineux, conducted three exercise firings of its MU90 torpedo


Royal Australian Navy Conscripts MAN

Photo courtesy of RAN

Navantia, the major Spanish shipbuilder, has chosen MAN main and GenSet engines to power two fleet-support-tanker newbuildings it is currently constructing for the Royal Australian Navy (RAN). Each vessel will feature 2 × MAN 18V 32/40 main engines and 4 × MAN 7L21/31 GenSets with


Post Appointed COO of Radio Holland

Maarten Post (Photo: Radio Holland Group)

Maarten Post has been appointed Chief Operating Officer (COO) and member of the General Management Team of the Radio Holland Group. He is responsible for the management of the global operations of the Radio Holland Group and further building the global service network.  


Cristobal Colon Arrives in Sydney

ESPS Christobal Colon of the Spanish Amarda arrives in Sydney Harbour. The crew of ESPS Christobal Colon will be helping to train and familiarise crews of Australias Hobart Class Air Warfare Destroyers. Photo: Royal Australian Navy

 HMA Ships Darwin, Melbourne and Parramatta have escorted the Spanish Armada's Cristobal Colon into Sydney Harbour as part of her role in providing platform and familiarisation training to Australian personnel.   Over the next three months the ship will assist in enabling Australian


Finalists of Mersey Maritime Industry Awards Announced

Chris Shirling Rooke Photo Mersey Maritime

The finalists of the 2017 Mersey Maritime Industry Awards (MMIAs) have been announced. The winners will be revealed at a prestigious black tie dinner that will have a Ministerial presence and promises to bring together the best of the maritime industry right across the Maritime


Workshop Promotes Maritime Security Cooperation in Kenya

Photo: International Maritime Organization (IMO)

 Kenyan officials involved in maritime law enforcement are taking part in a workshop and scenario-based simulation exercise in Mombassa, Kenya (31 January – 3 February).    The International Maritime Organization (IMO)-led event will enhance inter-agency cooperation in the


Two Offshore Vessels Join DOF Fleet

Olympic Commander will be renamed Skandi Darwin (Photo: Olympic Shipping)

The DOF Group said a Norwegian limited company not owned by DOF has signed an agreement with Olympic Shipping to purchase two vessels, Olympic Commander and Olympic Hera.   DOF and the new owner have entered into an agreement for management and operation of the two vessels


International Navy Friendships Strengthened in Crisis

HMCS Vancouver through the periscope of HMAS Dechaineux during Exercise Ngatahi. Photo: Royal Australian Navy

 The Royal Australian, New Zealand and Canadian Navies took part in anti-submarine warfare exercises off the east coast of New Zealand late last year.   Exercise NGA TAHI sought to strengthen relations and refine common operating procedures between the participating nations.  


Kongsberg K-Walk for Olympic Orion MPSV

Kongsberg Maritime - K-Walk gangway concept Photo Kongsberg

Olympic Shipping has chosen Kongsberg Maritime’s new K-Walk integrated vessel gangway solution for installation aboard the Multipurpose Offshore Vessel (MPSV), Olympic Orion. Designed to significantly increase efficiency and safety for Walk-to-Work duties


Miliaras tapped for Carnival Maritime Post

Minas Miliaras has taken on the role of Vice President Fleet Cruise Execution at Carnival Maritime, the Marine Service Unit of the Costa Group (AIDA, Costa) in Hamburg.   Minas will head the fleet teams and the maintenance development team for all AIDA Cruises


Harley Marine Christens Earl W Redd

Earl W Redd (Photo: Harley Marine Services)

Harley Marine Services christened its newest tractor tug Earl W Redd, officially welcoming her to the fleet on Friday, February 10.   Built at Diversified Marine of Portland, Ore., the Earl W Redd features twin Cat 3516 Tier 4 Final main engines that will each produce 2,675 horsepower at 1


Warfighting Women Winning at Sea

Seaman Boatswains Mate Paige Powers makes a new heaving line on the Gun Direction Platform of HMAS Parramatta, during Exercise Ocean Explorer 17, off the coast of Western Australia. Photo: Royal Australian Navy.

 Sailing on the Indian Ocean off the coast of Western Australia in a Royal Australian Navy frigate is just another day in the life of Seaman Boatswain's Mate Paige Powers.   After completing her initial recruit training at HMAS Cerberus in Westernport, Victoria


Royal Caribbean cuts South Korean Ports from China Cruises

Royal Caribbean Cruises Ltd will remove visits to South Korean ports from its China cruises, the firm said in a statement, amid rising tension between the two countries over Seoul's deployment of a U.S. missile defence system.   In a post on its Chinese website, the U.S


Port Everglades, Royal Caribbean Sign MOU

Broward County's Port Everglades has negotiated a Memorandum of Understanding (MOU) that provides the framework for a new long-term business agreement with Royal Caribbean Cruises, Ltd. (RCL) that will include complete, customized renovations of the Port's Cruise Terminal 25 targeted for


US Ship Seizes Heroin in Arabian Sea

Official U.S. Navy file photo

 USS Laboon (DDG 58) intercepted a small stateless dhow in the international waters of the Arabian Sea March 13, seizing 270 kilograms of heroin.   Laboon, conducting maritime security operations in the region as a part of Combined Task Force (CTF) 150 of the Combined Maritime Forces






 
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