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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Technology

Industry Event to Explore e-Navigation

e-Navigation and the Gulf Area: Meeting Information Needs Where Blue Water, Brown Water and Port Facilities Intersect   An event examining the role, development

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,

ABB Software to Monitor Cosco Heavy Transport Fleet

ABB, a power and automation technology group, will supply its onboard motion monitoring and forecasting system to the Xiang Rui Kou heavy lift vessel, meaning the

Contracts

Asian Traders Unload Floating Gasoline as Market Flips

Gasoline shifted from tankers to landed storage or sold off; forward gasoline prices to flip to backwardation from July. The number of tankers storing gasoline

Bulgaria, Greece to Consider Greek LNG terminal

Bulgarian state energy holding company BEH and Greek natural gas company Gastrade have set up a joint task force to prepare a proposal to build an off-shore liquefied

Harding Sold to Palfinger

The PALFINGER Group has signed today the acquisition of 100 per cent of the shares in Herkules Harding Holding AS and thus, the globally operating Harding Group.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction
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: 0.0791 sec (13 req/sec)