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Page 72: of Maritime Reporter Magazine (April 1998)
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Radisson, V. Ships To Build
Cruise Ship
Radisson Seven Seas Cruises has finalized a joint venture agreement with V. Ships to build a 490-passenger luxury cruise ship at an esti- mated cost of $200 million, and scheduled for delivery in July 1999. The new build contract has been awarded to the T. Mariotti shipyard in Genoa, Italy, where the new vessel is under construction. Radisson will charter and oper- ate the ship as part of its five-vessel fleet and has hired V. Ships as the vessel's technical manager.
Carnival To Order Two Cruise Ships
Carnival Corp. plans to announce orders for two new ships at a combined cost of about $750 million for its Holland America line, according to CFO Gerald Cahill.
The Holland America ships will be of a new type for Carnival, which is building some $4.4 billion worth of ships for delivery to its various cruise lines over the next several years.
Alsthom Nabs Contract For Four
Luxury Liners
Anglo-French GEC Alsthom has won an order from Royal Caribbean Cruises Ltd (RCCL) for up to four luxury liners worth over $300 million per ship. Two of the liners to be built in western France are firm orders and the other two are options.
The 965-ft. (294-m) Millennium class ves- sels, each of 85,000 tons, will be the largest cruise ships ever built in France. Designed with 975 cabins, the ships will be delivered by
GEC Alsthom subsidiary Chantiers de lAtlantique between 2000 and 2002.
In addition to the maximum of four ships ordered in France, the Miami-based cruise firm has ordered up to two at Meyer Werft in
Germany and a further vessel at Kvaerner
Masa-Yards in Finland.
Kirby Sells Tankers And
Harbor Service
In accordance with a definitive purchase agreement dated January 28, 1998, Kirby
Corp. has completed the sale of two of its U.S. flag tankers and harbor service operations to
Hvide Marine Corp., and five tankers to an affiliate of August Trading Inc. for a combined price of $38.6 million in cash.
Proceeds from the sale of the tanker and harbor service operations will be used to par- tially fund Kirby's recently announced Dutch
Auction tender offer to repurchase up to 3,000,000 shares of Kirby common stock.
Laminaria FPSO Ready For Fitting-Out
Kvaerner ASA reported the hull of the float- ing production, storage and offloading vessel (FPSO) for the Laminaria oilfield offshore
Maritime Reporter/Engineering News