Cruise Talk: Atlantic Star Sold

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Topic: Atlantic Star Sold

Westerdam
First Class Passenger
Member # 2093

posted 11-03-2009 07:16 PM

The sale of Pullmantur’s Atlantic Star (ex Sky Wonder) is expected to close in the fourth quarter, with Royal Caribbean Cruises Ltd. taking a charge of 3 cents per share related to a write-down on the ship, cfo Brian Rice told analysts during today’s earnings call.

At one point the steamship -- built in 1984 as Fairsky -- had been earmarked for a new cruise product for Mexicans based from Acapulco. Instead, the renamed Atlantic Star was deployed from Lisbon in early April on cruises targeted at the Portuguese market. In late May it was replaced by a newer vessel.

At the time Pullmantur president and ceo Gonzalo Chico Barbier told Seatrade Insider Atlantic Star was being repositioned for a new South America program, to be announced.

As it turned out, the ship was laid up. ‘We had a buyer and thought it prudent to sell,’ Rice said today. The buyer and sale price were not disclosed.

Source: Seatrade Insider

I just have to wonder who would actually buy this ship since she has been so problematic over the years. It should be interesting who would take this ship on.

Nathan

Posts: 329 | From: Waukegan, Illinois | Registered: Jun 2001 | IP: Logged

Italianliners
First Class Passenger
Member # 5446

posted 11-03-2009 07:26 PM

I bet for Louis, i think that they still have some old turbines (at least one i their fleet don't they?). After all they did not buy the NCL Dream...

Italianliners

Posts: 272 | From: Rio de Janeiro, Brazil | Registered: Feb 2005 | IP: Logged

Westerdam
First Class Passenger
Member # 2093

posted 11-04-2009 02:58 PM

A bit of an update from Seatrade Insider:

Discussions with Pullmantur about the possible acquisition of Atlantic Star (ex Sky Wonder) are under way, Capt. Paris Katsoufis of Kyma Ship Management told Seatrade Insider. However, he said nothing has been decided.

If Katsoufis were to acquire the 1984-built steamship, he said he would re-engine it using machinery he already owns then charter the vessel to a European operator.

Katsoufis told Seatrade Insider charter arrangements must be firmed before he decides whether to move forward on an acquisition. ‘Nothing is final,’ he said.

Posts: 329 | From: Waukegan, Illinois | Registered: Jun 2001 | IP: Logged

mike sa
First Class Passenger
Member # 5957

posted 11-05-2009 12:19 AM

Well his garden shed must be pretty big to have a set of engines that will fit her just lying around !

Posts: 2272 | From: Durban, South Africa | Registered: Sep 2005 | IP: Logged

r.fiebig
First Class Passenger
Member # 5240

posted 11-05-2009 04:38 AM

I wonder if these are "Zoe's" (formerly "Regent Sky's") engines that had reportedly "vanished" some time ago.

Best,

Raoul

Posts: 775 | From: Paderborn, Germany | Registered: Dec 2004 | IP: Logged

SSTRAVELER
First Class Passenger
Member # 15170

posted 11-05-2009 12:38 PM

quote:
Originally posted by Westerdam:
A bit of an update from Seatrade Insider:
Capt. Paris Katsoufis of Kyma Ship Management told Seatrade Insider. However, he said nothing has been decided. .....

Sounds interesting but RCI sounded a lot more definite about a sale so I wonder if there is more than one contender for the ship?

Posts: 757 | From: New York | Registered: May 2008 | IP: Logged

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