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Royal Olympic Takes Delivery of Olympia Explorer

Maritime Activity Reports, Inc.

April 26, 2002

Blohm+Voss GMBH delivered of the new fast cruise ship, Olympia Explorer, to Royal Olympic Cruise Lines Inc. The vessel immediately sailed from the Blohm+Voss shipyard to the Port of Piraeus in Greece. Royal Olympic Cruises' CEO, Yiannos Pantazis, said that the delivery of the Olympia Explorer "made us all proud." The Olympia Explorer, together with her sister ship, Olympia Voyager, are the fastest cruise vessels of their size, performing unique cruises at speeds of up to 30 knots. "The new itineraries Royal Olympic Cruises will offer with this vessel have created considerable interest in the cruise market. The first cruises are already fully booked," added Pantazis. On her maiden voyage on May 3, the Olympia Explorer will start a series of weekly cruises calling at the ports of Piraeus, Corfu, Venice, Dubrovnik, Bari, Katakolon, Istanbul, Mykonos and Santorini. Passengers have the possibility to embark from either Piraeus, Venice or Istanbul for the 7-day, round-trip voyage.

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