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"SeaEscape, the casino day cruise ship harbored at Fort Lauderdale's Port Everglades, will be sold to the highest bidder at a Broward County Courthouse auction Oct. 16.
District Judge Ursula Ungaro last week ordered the ship, formally known as the M/V Island Adventure, be sold by the U.S. Marshal after the ship's owner, SeaEscape Entertainment, was unable to sell the vessel or acquire financing required to repay creditors' debts.
SeaEscape stopped sailing Aug. 10. A court ordered the ship detained, after some crew members said they had not been paid wages. Wage claims and other debts will be deducted from the proceeds of the sale."
Will be interesting to see what her future holds....?
Tony
Rich
No doubt a re-fit in a Greek ship-yard would cost less than in some other areas.
It should be interesting to see how much they would be willing to spend to acquire her, however.
Best,
Raoul
quote:Originally posted by r.fiebig:There are several parties which are interested in purchasing her. And I'm not talking about scrap merchants.It should be interesting to see how much they would be willing to spend to acquire her, however.Best,Raoul
Tell us more, Raoul!! Could she become reunited with DELPHIN perhaps???
All the best
I don't think Mr Hey has access to the funds required to purchase her - particularly in the current global financial crisis situation. Here in Germany, two smaller but highly regarded shipyards (Cassens and Lindenau) have filed for insolvency recently because the banks have hastily revoked their financing for newbuilds. That is despite the fact that e.g. Lindenau is booked with newbuilds until 2011.
It is not a good time for anybody interested in purchasing her. All I can say is that I have heard that there are at least two European investors interested in acquiring tonnage and she was among the ships mentioned as probably interesting.
easyCruise does have "easyCruise Life", but they are also looking for additional tonnage as a replacement for "easyCruiseOne", which is for sale.
I understand that "Ugo Foscolo", one of "easyCruise Life's" sister ships which had been spending several years under arrest in Greece has recently been sold - but not to easyCruise as far as I know.
I am a bit worried about one of her sisterships (ENCHANTED CAPRI). I think she is/was used by some Mexican oil company as an accomodation ship/shuttle ferry, but I haven't heard anything about her for ages.
By the way, the UGO FOSCOLO sold? Interesting, certainly, but she will require a LOT of work. Have you seen recent pictures of her? She looks really derelict and has been laid up since 2004 at least.
Brgds.Ralph
there are a couple of fairly recent pictures at Shipspotting.com.
quote:Originally posted by r.fiebig:Ralph,there are a couple of fairly recent pictures at Shipspotting.com.Best,Raoul
Actually I'd already seen quite a few HERE :
http://siriosships.fotopic.net/c1534594.html
just a quick one for those who don't know the vessel:
http://siriosships.fotopic.net/p53261850.html
(sorry, direct linking isn't allowed from that site)
[ 10-12-2008: Message edited by: rd77 ]
Thanks!
quote:Originally posted by Linerrich:The ship has just been sold, for $3.6 million, but the exact owner and disposition of the vessel seem a bit confusing and unknown at this moment. See story here: SeaEscape.Rich
Thanks Rich!
Anastasios N Kyriakides was the first Chairman of Regency Cruises in 1984 and left in 1986 to set up Sea Venture Cruises (remember NOAH'S ARK?) He then later established Tropicana Cruises which folded in 1989 and then Seawind Cruise Line which, after many delays and disputes, finally got going with the chartered VASCO DA GAMA (aka SEAWIND CROWN).
I didn't know he was still in the business but it will be interesting to see what he does with ISLAND ADVENTURE.
Pam
[ 10-17-2008: Message edited by: locarno ]
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