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Fred. Olsen says newbuilding contract not imminent

Fred. Olsen Cruise Lies, the UK based destination focused operator of four ships, said while it looks at ways to develop its business, talk about a newbuilding contract in the near future is premature

“We are always considering our options to develop the business, but talk of a new-build in the near future is premature. We keep an open mind, but would only do it when we felt that the time was right for the business,” said Rachael Jackson, Public Relations Manager at the Ipswich based company.

A media report a couple of weeks earlier suggested that the company, which is part of the Oslo based listed Bonheur ASA group, would be looking at newbuildings.

“We are currently concentrating our efforts on refining the customer experience to ensure that our guests' enjoyment is maximized,” Jackson concluded.

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