AMCV Files for Voluntary Petition, Reorganization Under Chapter 11
American Classic Voyages Inc., the largest U.S.-flag cruise company, announced on October 19 that it has filed a voluntary petition for reorganization under Chapter 11 Bankruptcy Code in Wilmington, Del. The company has ceased operations for its Hawaii vessels, the ms Patriot and the ss Independence, following the completion of their last cruises. cease operation at the completion of each vessel's cruise following the announcement. The Delta Queen steamboat, the company's National Historic Landmark flagship, will continue to operate its scheduled future voyages. In addition, AMCV said it intends to work with Northrop Grumman Corporation and the U.S.
Melding The Old With The New
It's a timeless piece of history that is the newest deal going on in the cruise ship industry - the deal between the Delta Queen Steamboat Co. and Atlantic Marine, which calls for the building of two U.S. Coastal flag ships inspired by the former Fall River Line Vessels which ran from 1847 to 1937. It was the age in which water transportation was the only mode of distance travel. Henry Ford and the Wright Brothers had not yet become household names and the horse and carriage reigned as the only means of getting to and fro. Aristocracy held court on ships that sailed the high seas - namely the Fall River Line, which ran from New York to New England. Inspired yet? Executives at Delta Queen were - so much that they decided to model their current project after the famed line.
From Madison Avenue To The Heat Of Miami
Since beginning his cruise industry career as Royal Caribbean's first ever marketing director — Roderick K. (Rod) McLeod has been an instrumental force in the cruise industry. He now heads up what is arguably the world’s most watched cruise ship newbuild program. Having a discussion with Rod McLeod is like talking to an old friend that you haven't been in touch with for awhile. Even though you may have not spoken for months — or even years — you always manage to find enough to talk about. That was the case when McLeod recently spoke with MR/EN regarding his current endeavors as president and COO of AMCV, as well as his past experiences — both professionally and personally.
America's Cruise Line Faces Delivery Delays, Job Cuts
As part of a comprehensive cost reduction program, American Classic Voyages (AMCV) announced in June that it would eliminate 70 full-time positions form its shore-based staff of 470 full-time personnel. The cuts are also attributed to the fact that the company, which previously held offices in Chicago, Ill. and New Orleans, La., decided to combine its subsidiaries under one main location in Sunrise, Fla. "Although this was a difficult decision, we need to be leaner and more efficient to ensure continued success, AMCV CEO Phil Calian said. Calian was quick to point out that aggressive sales and marketing efforts have driven demand for AMCV's Hawaii cruises of more than 2…