AMCV To Acquire MS Nieuw Amsterdam

Wednesday, August 11, 1999
American Classic Voyages (AMCV) has reached an agreement with Holland America line to buy MS Nieuw Amsterdam for $114.5 million, contingent upon various conditions expected to be resolved by this coming fall. A unit of Carnival Corporation, Holland America Line is scheduled to transfer the 1,214-passenger cruise ship to AMCV during fall 2000. AMCV plans to re-document Nieuw Amsterdam as a U.S.-flag vessel, complete with American crew, to sail the Hawaiian Islands as part of the company's Project America - the result of the U.S.-Flag Cruise Ship Pilot Project Statute passed by Congress in 1997. The project, which is expected to create more than 5,000 American jobs, is based on the goal of the revitalization of the U.S.-flag oceangoing cruise ship fleet. "The acquisition of Nieuw Amsterdam will expand cruising options in Hawaii, offering consumers the highest level of service," said Philip C. Calian, president and CEO of AMCV. "The vessel will not only expand cruising opportunities in Hawaii, attracting more cruisers to the state, but also will create approximately 400 new U.S. jobs onboard this ship." Measuring 704-ft. (214.5 m), 33,930-gt Nieuw Amsterdam provides the amenities of a posh resort hotel with the conveniences of cruising. Its Hawaiian Island itineraries will showcase the natural beauty of the Islands, allowing passengers to partake in the vessel's five lounges, two restaurants and 15-ft (4.5 m).-wide teak deck, encircling the Upper Promenade Level.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

Torqeedo Introduces New Deep Blue Inboard

Torqeedo now offers a shaft drive version of its 40 and 80 horsepower Deep Blue motor. An electric drive designed for marine use from the ground up, the Deep Blue inboard shares the safety,

Protea to Launch Heavy-Lift Cranes at Nor-Shipping

Protea, a global manufacturer of offshore handling equipment, will launch two types of heavy lift cranes at Nor-Shipping 2015 in Oslo, June 2-5. Tomasz Paszkiewicz,

Inmarsat 3rd Global Xpress Satellite's Launch Delayed

Inmarsat has provided an initial update on the launch schedule for Inmarsat-5 F3 (I-5 F3) following the failure of the preceding Proton Breeze M launch from

Contracts

DMW Marine Takes the Lead in Military Cranes

DMW Marine Group, LLC. has completed a number of projects for the U.S. Navy and foreign Navies in recent years, claiming a place as a go-to supplier for Navy departments globally.

Shipping Freight Rates Drop Amidst Overcapacity

Shipping freight rates on the world's busiest route, from Asia to Northern Europe, fell by the largest percentage amount since 2008, reflecting wild volatility

Two ASC Kalmar Cranes for DP World Brisbane

Kalmar, part of Cargotec, has received an order from DP World Australia to deliver two new Kalmar automatic stacking cranes (ASCs) for its semi-automated terminal in Brisbane.

 
 
Maritime Standards Naval Architecture Navigation Pipelines Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1269 sec (8 req/sec)