Cunard Line Ltd News

It is time to promote the image of shipping, IMO Secretary-General Mr. Efthimios Mitropoulos said on Monday (21 June), as he received on behalf of IMO the gift of a replica model of the Queen Mary 2 cruise ship from the International Council of Cruise Lines and their members Cunard and Carnival Cruise Lines. Referring to the Queen Mary 2 as a "a symbol for all that is excellent in shipping today", Mr. Mr. "I, therefore, believe that the time has come for us to work together, more systematically than ever before, to make politicians and the public aware of the credit shipping rightly deserves," Mr. Mitropoulos said. The model ship was presented by Ms. Pam Conover, President and CEO of Cunard Line Ltd. Also speaking at the ceremony were Mr.

Deborah L. Natansohn has been named president of Seabourn Cruise Line. A well-known industry veteran, Natansohn most recently was senior vice president of sales and marketing for Cunard Line Ltd., where she spearheaded the launch of the celebrated Queen Mary 2 and the rebranding of the venerable line. Natansohn's appointment is part of a corporate restructuring in which the ultra luxury, all-suite Yachts of Seabourn will operate as an independent brand within the Carnival Corporation. Previously, Seabourn shared back-office functions with sister brand, Cunard Line, which is relocating to Valencia, California. Seabourn will remain based in Miami. The two brands will continue to share their national field sales force, which remains intact. Natansohn succeeds Richard D.

Despite what could be best termed as difficult operating conditions, the German maritime market has persevered through its collective adherence to the principles which propelled it to the lead of the maritime construction and outfitting markets: a steadfast adherence to producing technologically correct and advanced vessels, products and systems. The challenges facing the German maritime market are not unlike those facing many of its European colleagues and competitors, or those facing industrial operations in any of the world's leading economies. The proliferation of lower-cost shipbuilding, ship repair and marine equipment supply options outside of Europe, particularly in Asia, has led to a significant drain on business emanating from and dollars flowing to the German homeland.

Carnival Corp. has exercised its option to purchase the remaining 32 percent minority interest in Cunard Line Ltd. in a deal worth about $205 million. Carnival acquired a 68 percent interest in Cunard Line Ltd. in May 1998. With the purchase of the 32 percent minority interest, Carnival will own 100 percent of Cunard. Under its option, Carnival said it has the right to purchase the minority interest for shares of Carnival common stock. In exercising its option, Carnival also offered the minority shareholders a cash alternative of $39.50 per Carnival share. Cunard Line Ltd. owns two luxury cruise lines - Cunard Line and Seabourn Cruise Line, which together operate eight luxury ships, including the world-renowned Queen Elizabeth 2. According to Carnival Corp.

No stranger to the cruising industry, Pamela Conover, president and COO of Cunard Line Ltd. Could undoubtedly be the reason behind the company’s continual ability to capture and hold on to the rich British history that it has sustained since its establishment in 1840. More than 150 years later, Cunard, with Conover’s leadership continues to uphold this identity specifically with its illustrious 1,131-ft. (345-m) ocean liner Queen Mary 2. Scheduled for delivery in 2004, the vessel promises to be reminiscent of the glory days of when the trans-Atlantic crossing ruled the seas. Queen Mary 2 is arguably the most prestigious cruise project to date. The vessel, which will measure 1,131 ft. (345 m) with a 131-ft.