Cruise & Maritime Voyages (CMV), the UK based operator of three cruise ships, has agreed to acquire Transocean Kreuzfahrten, the German operator one deep sea cruise ship and four river cruise vessels from Premicon AG, the German private equity company.

This marks entry to the German market of CMV that is currently operating for its first season in Australia and which opened an office in Ft Lauderdale in the US a short while before that.

CMV has chartered from Transocean the 20,606 gross ton Astor for a series of cruises from Perth in Australia for three consecutive Austral summer seasons, plus for line voyages there and back to Britain. Transocean continues to operate the ship in Germany under its own brand name.

The deal also includes four river cruise vessels that will remain marketed in Germany by Transocean. CMV has chartered one river cruise vessel for the British market that promotes under the CMV Signature brand.