Cruise Ship Aida Sold For $181M
NCL Holding ASA agreed to sell the cruise ship AIDA to Arkona Touristik for $181 million. NCL said the booked value of the vessel was $169 million and the debt on the ship was $106 million.
NCL Sells Cruise Ship
Norwegian cruise operators NCL Holding ASA has agreed to sell the cruise ship Aida to Arkona Touristik for $181 million. NCL said the booked value of the vessel was $169 million, and the debt on the ship was $106 million. Delivery will take place this month.
P&O Plans To Tackle German Cruise Market
British shipping group P&O plans to start taking Germans on cruise holidays, citing that market as underdeveloped and with huge growth potential. The company is investing an initial $80.6 million and taking a 51 percent stake in a joint venture cruise company to be formed with privately owned German group Arkona Touristik. The new company, Aida Cruises, will order two new ships to complement the 1,200 berth Aida. P&O has an option to take full control of the venture once the ships are delivered.
P&O Plans to Tackle German Cruise Market
British shipping group P&O plans to enter the German cruise market, one that the company sees as underdeveloped and with huge growth potential. The Peninsular and Oriental Steam Navigation Company is investing an initial $80.6 million and taking a 51 percent stake in a joint venture cruise company it is forming with privately owned German group Arkona Touristik. P&O said the new company, Aida Cruises, would order two new ships to complement the 1,200 berth Aida. P&O has an option to take full control of the venture once the ships are delivered. P&O Chairman Lord Sterling hailed the deal as a major strategic breakthrough. "It will give…
