Tag Archives: Sale

Carnival Corp. Sells Two More Cruise Ships

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Carnival Corporation’s Princess Cruises has announced the sale of two of its ships, Sun Princess and Sea Princess, to undisclosed buyers.

The sale of these vessels is in line with parent company Carnival Corporation’s plan to accelerate the removal of less efficient ships from its fleet.

“Sun Princess and Sea Princess contributed to significant growth in Australian cruising,” said Princess Cruises president Jan Swartz. “Both ships defined the premium cruise experience with Australians and New Zealanders spending close to 14 million nights aboard these ships. While it is never easy to say goodbye to any ship in our fleet, this will allow us to deploy newer ships enhancing our offerings for Australia cruisers and focus on bringing into service exciting newbuilds like the upcoming delivery of Enchanted Princess.”

The first ship in the Sun Class, Sun Princess was introduced in 1995 debuting in the Caribbean and was among the largest ships in the world at the time.

The 2,000-guest Sun Princess also sailed in Alaska and Panama Canal, among other destinations, before being homeported in Australia in October 2007.

“The Sun Princess also helped us open the Japanese market in 2013 as the first foreign-flagged cruise ship to offer cruises designed specifically for the Japanese,” the company said, in a statement.

The 2,000-guest Sea Princess meanwhile became synonymous with World Cruises, having completed six full world cruises since 2013. Prior to joining the Sun Princess in Australia, the Sea Princess sailed in Europe and Alaska as well as the Caribbean, including serving as a homeport ship in Barbados in the mid- to late-2000s.

Due to the imminent departure of these two ships from the fleet, Princess Cruises will cancel published itineraries which include:

• Sun Princess sailings from December 28, 2020, through August 14, 2021
• Sea Princess sailings from December 23, 2020, through November 9, 2021

Guests with bookings will be notified, and along with their travel advisors, will receive information on how to book another Princess Cruise when operations resume. Guests who prefer a refund will be accommodated.

 

Boeing deal for Embraer collapses

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Coronavirus to Further Delay Boeing 737 MAX Return Date | The ...

The proposed $4.2 billion sales of Brazilian aircraft manufacturer Embraer to Boeing has collapsed, according to reports.

Boeing was reported to have ended talks due to the impact of the coronavirus pandemic and the grounding of its 737 Max fleet, but Embraer has threatened to sue.

The Brazilian firm accused Boeing of “manufactured false claims” and said that it has “wrongfully terminated” the deal.

“We believe Boeing has engaged in a systematic pattern of delay and repeated violations of the (deal), because of its unwillingness to complete the transaction in light of its own financial condition and 737 Max and other business and reputational problems.”

Boeing, which is expected to be granted a bailout by the US government, said it “exercised its rights to terminate after Embraer did not satisfy the necessary conditions”.

STX Finland shipyard to be sold

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By Jerry Limone

German shipbuilder Meyer Werft and the Finnish government have agreed to acquire STX Finland from South Korea-based STX Corp.

Meyer Werft will buy a 70% stake, the Finnish government 30%. The acquisition is subject to clearance by antitrust authorities and banks.

STX Finland has a shipyard in Turku; a shipyard in Rauma was sold to the Finnish town earlier this year. The plan is to rename the company Meyer Turku Shipyard.

The Turku yard built the Mein Schiff 3, a TUI Cruises ship that entered service in June. STX Finland is currently constructing the Mein Schiff 4, and TUI Cruises this week reached a deal for two more ships of the same class to be constructed at the Turku yard.

STX also has built many ships for the North American market, including Royal Caribbean’s Oasis and Allure of the Seas.

Meyer Werft’s Papenburg yard built Celebrity’s Solstice-class and Norwegian Cruise Line’s Breakaway-class ships. The yard is constructing Norwegian’s Breakaway Plus and Royal Caribbean’s Quantum-class vessels.