TUI Lands Loan Guarantee

Mein Schiff 4

TUI Group today announced it received the commitment of the German Federal Government for a €1.8 billion KfW loan to increase TUI’s existing €1.75 billion credit agreement.

TUI Group oversees TUI Cruises, Marella Cruises and Hapag-Lloyd Cruises.

The KfW loan is subject to the approval of the banking consortium in regards to the necessary amendments of the Revolving Credit Facility, according to a statement.

Thereby, TUI would have current cash and available facilities to the tune of €3.1 billion, the company said.

TUI decided to apply for the KfW loan to soften the unprecedented effects of the COVID 19 pandemic until normal business operations can be resumed. One of the conditions of the KfW loan is that TUI de facto waives dividend payments for the term of the credit line.

TUI’s Executive Board is continuously evaluating the impact on our operations from the development of the COVID 19 pandemic and is implementing a variety of actions to support our customers,

Holland America Ships Meet Up for Supply, Pax Exchange

Zaandam

Holland America has said the Zaandam is currently off the coast of Panama and rendezvoused with the Rotterdam at 7:30 p.m. local time yesterday, March 26.

“We received approval from Panamanian authorities to conduct ship-to-ship operations at anchor between the two vessels. Medical supplies and additional medical staff were transferred to Zaandam,” the company said.

The company is also transferring groups of healthy Zaandam guests to the Rotterdam, with strict protocols for this process developed in conjunction with the U.S. Centers for Disease Control and Prevention (CDC), according to a press release.

Only those who have not been ill will be moved, and health screenings will be conducted before transferring. Priority for the first guests to transfer will be given to those on the Zaandam with inside staterooms and who are over 70. Once aboard the Rotterdam, all guests will continue to remain in their staterooms until disembarkation. Any guests who are currently ill, or in isolation as close contact, and all crew will remain on the Zaandam.

While the onward plan for both ships is still being finalized, the company said it will continue to work with the Panamanian authorities on approval to transit the Panama Canal for sailing to Fort Lauderdale, Florida.

Yesterday a number of patients with respiratory symptoms were tested for COVID-19 and two individuals tested positive. Out of an abundance of caution, on March 22 when the Zaandam first saw a number of guests reporting to the medical centre with influenza-like illness symptoms, the line took immediate protective measures, including asking all guests to self-isolate in their staterooms and implementing all other appropriate precautions that have been developed in coordination with the CDC. All guests and crew received face masks yesterday and were provided with instructions on when and how to wear them.

Currently, 53 guests (4%) and 85 crew (14%) have reported to the Zaandam’s medical centre with influenza-like illness symptoms. There are 1,243 guests and 586 crew on board. On Zaandam, there are four doctors and four nurses. On Rotterdam, there are two doctors and four nurses.

The company also said that four older guests have passed away on the Zaandam.

Manhattan Cruise Terminal to Host Hospital Ship

USNS Comfort

Manhattan Cruise Terminal and Pier 90 are set to play host to the USNS Comfort hospital ship, which is scheduled to arrive on Monday.

The hospital ship, with 1,000 beds, is set to leave Norfolk over the weekend, while work is speeding along in Manhattan to dredge the berth thanks to the Army Corps of Engineers, according to a spokesperson from the New York City Economic Development Corporation (NYCEDC), which essentially oversees the city’s cruise facilities.

The dredging will be done this weekend and allows the berth to have sufficient depth to accommodate the USNS Comfort, the spokesperson told Cruise Industry News.

The ship is scheduled to stay 14 days at this point, but that could likely extend. The vessel will berth at the north end of Pier 90; it is unlikely the terminal could accommodate cruise operations at the same time.

USNS Comfort

Slightly south, Pier 88 is the city’s main cruise terminal and shares various staging areas with Pier 90.

The ship was deployed via an order from President Donald. J. Trump.

According to New York Gov. Andrew Cuomo, the hospital ship will expand the number of available beds. However, COVID-19 patients will not be treated aboard the vessel. Instead, it will free up hospital beds for COVID-19 patients as other patients are transferred to the ship.

The Comfort previously docked at Pier 92 in Manhattan following the 9/11 terror attacks.