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» Cruise Talk   » Cruise Ships   » COSTA MARINA - no longer for sale ?

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Author Topic: COSTA MARINA - no longer for sale ?
Marina
First Class Passenger
Member # 1664

posted 10-26-2007 04:40 AM      Profile for Marina   Email Marina   Send New Private Message      Edit/Delete Post  Reply With Quote 
Hi all,
Costa recently announced their line up for the 2008/09 winter season. Costa marina then will offer sailings from Buenos Aires, various itineraries up to 14 days, with stops in Tierra del Fuego and Chile.
The ships was listed with Broker Galbraith's a leading London shipbroker and international shipping consultant. www.galbraiths.co.uk/content_manager/page.php?ID=2683&dbc=c018addcfc2ffabc9dbadc7912b31c7c
So, was Costa just testing the waters? Or, since their asking price is redicously high, no one nibbled - even Louis - and they gave up?
Lets hear it.
Cheers
Locarno

Posts: 217 | From: Miami Beach, FL.USA | Registered: Nov 2000  |  IP: Logged
Carlos Fernandez
First Class Passenger
Member # 6432

posted 10-26-2007 08:26 AM      Profile for Carlos Fernandez   Author's Homepage   Email Carlos Fernandez   Send New Private Message      Edit/Delete Post  Reply With Quote 
The ship is still listed for sale, but doesn't show a price. This is a very nice ship, now, but if the price was that high I don't think many will be interested in a container converted to cruise ship.
Posts: 1325 | From: Miami, Florida (Cruise Capital of the World) | Registered: Apr 2006  |  IP: Logged
Ernst
First Class Passenger
Member # 5369

posted 10-26-2007 08:35 AM      Profile for Ernst   Author's Homepage   Email Ernst   Send New Private Message      Edit/Delete Post  Reply With Quote 
Many ships - even very recently built passenger ships - are on the list of brokers. This does not mean a lot - could be that Costa wants to sell her very soon could be that she is just on this list like many ships. (Can't brokers put any ship they want on their list? (without 'asking') - has anyone more information on how that works?) Whereas I also believe that she might leave Costa soon I would not try to read too much out of this listing.
Posts: 9746 | From: Eindhoven | Registered: Jan 2005  |  IP: Logged
dougnewman
First Class Passenger
Member # 11349

posted 10-26-2007 08:39 AM      Profile for dougnewman   Author's Homepage     Send New Private Message      Edit/Delete Post  Reply With Quote 
As Carlos says, she's still on Galbraith's site. I'm not sure it ever listed a price? I know the asking price was a rather steep $60m but I'm not sure if the Galbraith's page ever actually said as much.

She is certainly still very openly for sale but until she is sold, Costa will undoubtedly keep releasing new itineraries for her. She certainly does move around a lot, having spent 2006-2007 in Southeast Asia (during which time, I am told, Lin Arison sailed in her), 2007-2008 she will be in the Seychelles, 2008-2009 in South America... If she makes it to 2009-2010 with Costa it will be interesting to see where she winds up !

The only thing I can think of, aside from price, that may impede her sale is that her engines are nearing 40... I imagine ALLEGRA would realize rather more as her engines are 25 years newer and also she has various other improvements (including having been "stretched"). She is also known to be for sale, though apparently not as urgently as her sister.

COSTA CLASSICA is again widely known to be for sale. No word on ROMANTICA or EUROPA but I imagine they are for sale as well. But obviously MARINA is what Carnival would most like to get rid of, albeit apparently not urgently enough to offer her at a price anyone has taken (yet).


Posts: 2072 | From: Long Island, NY, USA | Registered: Sep 2007  |  IP: Logged
mike sa
First Class Passenger
Member # 5957

posted 10-27-2007 08:37 AM      Profile for mike sa   Author's Homepage   Email mike sa   Send New Private Message      Edit/Delete Post  Reply With Quote 
Carnival need another start up line for all of Costas older ships, I would have thought that Asia / India would have been a potential target but perhpas given Stars dismal performance they have discounted the market as not yet ready for a line of their own. I know Costas try has been disappointing but would have thought a truely Asian line would have a better chance.

If not a start up line then P&O Aussie better watch out, given their new CEO was been making statements about how they are going to expand dramatically in the next couple of years they all might end up down under.


Posts: 2272 | From: Durban, South Africa | Registered: Sep 2005  |  IP: Logged
Corey H.
First Class Passenger
Member # 5202

posted 10-27-2007 12:13 PM      Profile for Corey H.   Email Corey H.   Send New Private Message      Edit/Delete Post  Reply With Quote 
There is IBEROJET, maybe some of Costa's old ships will go there?
Posts: 172 | From: TAMPA Florida USA | Registered: Nov 2004  |  IP: Logged
Neil - Ex P & O & PRINCESS CRUISES
First Class Passenger
Member # 5641

posted 10-27-2007 05:43 PM      Profile for Neil - Ex P & O & PRINCESS CRUISES   Author's Homepage   Email Neil - Ex P & O & PRINCESS CRUISES   Send New Private Message      Edit/Delete Post  Reply With Quote 
Hi

Why not send the older Costa ships to South Africa or Australia and run them under a new company name on the style of Ocean Village cruises.

I am sure the younger crowd in these countries would like some cheap cruises.

Neil ( Bob )


Posts: 2355 | From: Dunstable, Bedfordshire. 30 miles north of London | Registered: May 2005  |  IP: Logged

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