HUAL Takes 2 More Newbuilds
HUAL has entered into long-term time charter arrangements for two large car-carrier newbuildings. The vessels will be built at the Uljanik Shipyard in Croatia and will be delivered 1st half 2007. Leif Höegh & Co Ltd will own 49.5% in both vessels, which were ordered by Norwegian shipping investor Peter Gram. The Pure Car/Truck Carriers (PCTC) are well suited for HUAL's world wide trades and will have a deck capacity of about 59,000 sqm, two hoistable decks, ample high space capacity and a ramp capacity of 100 tons. The vessels will be technically managed by OSM Ship Management in Kristiansand. HUAL, the Ro/Ro car carrying unit of Leif Höegh & Co, is one of the world's leading operators of car carriers with a fleet of 45 Roll-on/Roll-off (Ro/Ro) vessels in its commercial operation.
Renaissance Cruises Appoints Manfred Ursprunger As Chief Executive
Renaissance Cruises announced today that its board of directors has appointed Manfred Ursprunger as Chief Executive. Ursprunger joins Renaissance Cruises from Celebrity Cruises, where he was one of the two key senior executives. On April 20, 2001, Renaissance Cruises announced that Malvern Maritime, led by Norwegian shipowner Peter Gram, has become the majority shareholder of R Holdings, the parent company of Renaissance Cruises, through a major investment in the company. The Company also announced the decision of Richard L. Kirby, former president and Co-CEO, to resign in order to pursue personal interests. Under Ursprunger's leadership, Celebrity Cruises has earned top travel industry honors for lodging and service quality.
