New York-based Apollo Management LP has completed the acquisition of Regent Seven Seas Cruises (RSSC) from Minneapolis-based Carlson. Apollo subsidiary Prestige Cruise Holdings (PCH), Regent Seven Seas’ new parent, gave the green light for the luxury line to open talks with shipyards for a newbuild.
The world-famous Queen Elizabeth 2 passenger liner on her final world cruise left Montevideo on Wednesday and is expected to call in the Falkland Islands on Friday. It was her tenth and last call to Montevideo.
The eastern city of Santiago de Cuba, the capital of the province of the same name, is a major destination for cruise ships.
MSC Cruises will more than double its presence in the Caribbean next winter with the addition of the MSC Orchestra, currently its newest and largest ship.
Citing 23 percent additional cruise capacity in the Mediterranean this summer, Crystal Cruises said that the region is experiencing softness, and Crystal is launching an unprecedented discount for customers and a promotion designed to get travel agents on Crystal ships in the region.
According to official figures, and allowing for disruption by Hurricane Ivan in September 2004, total cruise ship arrivals in 2007 fell to pre-2003 levels.