Sunday, February 10, 2013

Classic International Cruises Re-Emerging From Bankruptcy.

Classic International Cruises Princess Daphne
Classic International Cruises Princess Daphne

 Reports out of Portugal indicate that the Arion, Athena, Funchal and Princess Danae have been sold to Portuguese business man Rui Alegre to settle the debt owed by Classic International Cruises. Alegre intends to operate the ships but exact deployments/charters have not yet been disclosed.

The remaining ship, the Princess Daphne was purchased back by Classic International Cruises from the bank handling the Bankruptcy settlement. It appears the Potamianos brothers, Alex and Emilios will most like charter the Princess Daphne - most-likely to German operators.

There is definitely more to come.


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