Cunard To Buy Norwegian American Cruises In $73-Million Agreement
The Cunard Shipping Group recently announced that an agreement has been reached to purchase Norwegian American Cruises, a subsidiary of Lief Hoegh of Norway, for $73 million.
The agreement includes two luxurious cruise ships, the Sagaf j o rd and Vistafjord. They will join the Cunard fleet in October and will be transferred from the Norwegian to Bahamian registry.
This will increase the Cunard fleet to five cruise vessels, including the QE2.
The 24,292-gross-ton Vistafjord, built in 1973, carries up to 650 passengers, while the 24,109- ton Sagafjord, built in 1965, can carry 550 passengers.
Cunard said that Norwegian American Cruises would continue to book passengers through its own offices and future schedules of the Sagafjord and the Vistaf j o rd would be unchanged. In effect, however, the company would be a subsidiary of Cunard, she said.
The price of the two ships is considerably less than for new ships. Shipyards would ask at least $100 million each for similar ships. Both ships will operate worldwide, offering Caribbean, European, Far East and roundthe- world criuses.
Other stories from June 1983 issue
Content
- Marinette Marine To Build New Shipbuilding Facility Costing Over $6-Million page: 7
- Senior Appointments Announced By CN Marine page: 7
- CNR Completes Conversion Of Third Containership In Hellenic Lines Program page: 8
- National Marine Service Offers Free Brochure Detailing Shipyards —New No. 7 Drydock In Service page: 10
- AMSHIP & Navidyne Demonstrate First Successful Transfer Of Data On Great Lakes Via Satellite page: 10
- Canadian Pacific Fleet Orders $1.2-Million Krupp Atlas-Electronic Radars page: 12
- Marco Delivers 38-Foot Skimmer To Panama Canal page: 14
- $50-Million Order For Bulk Carriers Placed By OSG With Far East Yards page: 14
- Sullivan To Retire As President And CEO At Bath Iron Works page: 15
- Surge In Demand Forseen For Chemical Tankers page: 15
- Peebles Elected Senior VP Of Transportation And Cargo Handling At Dravo page: 16
- Baldt Consolidates Offshore Sales Support Operation —Literature Available page: 17
- APL Completes Its Top Management Realignment page: 17
- The Posture Of The Navy Marine Corps Team — Fiscal Year 1984 — page: 21
- U.S. MERCHANT SHIPBUILDING page: 28
- A Surge In Activity For 1984 page: 34
- Competition Is The Key To The Future Success Of The Barge Industry page: 42
- AWSC -- Anticipating A Better Future page: 48
- Canadian Government Actions Hold Promise Of Future Upturn page: 52
- Canadian Shipbuilding And Offshore And Arctic Prospects page: 56
- WORLD SHIPBUILDING page: 60
- Doing Business With The Navy page: 77
- Bender Shipbuilding Delivers Three 192-Foot Supply Vessels To State Boat page: 108
- Major Coal Export Terminal Opens page: 108
- Navy Orders Hydrographic Launches From Uniflite —Literature Available page: 109
- Fairbanks Morse Engine Division Receives $11.5-Million Navy Order page: 110
- I M O Pump D i v i s i o n Names G e o r g e E. P o n t on M a r i n e Sales M a n a g er page: 111
- Racor Offers Literature On High-Performance Fuel Filter/Water Separator page: 112
- Curaship Marine Agencies Named Ship Repair Agents In U.S. For AG "Weser" page: 112
- Free Literature Offered On Armtec's Ultrasonic Liquid Level Monitoring System page: 114
- New NASSCO Offshore Division Awarded $5.5-Million Module Order page: 120
- Cunard To Buy Norwegian American Cruises In $73-Million Agreement page: 121
- Autocator introduces Veronesi Centrifuges To U.S. page: 122
- Papazissimos Named VP Controller For Sperry's Electronic Systems page: 122
- Two Executives Appointed At Designers & Planners page: 122
- NABRICO To Build Sections For Additional T-5 Tankers page: 123
- Philadelphia Resins System Solves Alignment Problems On World's Largest Movable Flood Barrier page: 124
- Scientific-Atlanta To Hold Satellite Communications Seminar November 7-9 page: 125
- Bethlehem Steel Lays Keel For Second T-AKX Reconstruction page: 129
- Wartsila Diesel's New Factory Starts Operations In Singapore —Literature Available page: 129
- AMSHIP Receives Three More T-5 Tankers Bringing Total To $300-Million page: 130
- Arcair Offers Free Catalog Of Underwater Welding And Cutting Equipment page: 130
- Burrard Yarrows Shipyard Launches 2nd Icebreaker page: 130
- Elliott Company Awarded Thruster Contract —Literature Offered page: 131
- Chesapeake Shipbuilding Awarded Contract To Build 122-Foot Restaurant Vessel page: 132
- Valmet Introduces New Automated Vessel Control And Regulation System page: 132
- Delta Shipyard Repairing Heavy Lift Vessel Inagua Sound —Free Literature Offered On Yard page: 137
- Avondale Built USS Platte Commissioned At Norfolk page: 137
- TIMCO To Market Texaco's Engine Monitoring Program —Free Literature Available page: 142
- Design And Construction Of Heavy-Lift Derrick Receives Arc Welding Foundation Award page: 143
- Frigate Nicholas (FFG-47) Launched At Bath Iron Works page: 143