Saga Cruises in first half loss due to transformation of business
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- Written by Kari Reinikainen Kari Reinikainen
- Category: Top Headlines Top Headlines
- Published: 19 September 2019 19 September 2019
Saga Cruises, which is the cruise unit of the UK based insurance to travel services provider Saga plc, has reported a loss for the first half of the year due to ongoing transformation of the business.
The cruise business of the group reported an underlying loss of £3.4 million in January-June compared to a profit of £4.7 million in the same period last year. “This is due to the sale of Saga Pearl II and a consequent short-term reduction in revenue, as well as training, launch, marketing and finance costs supporting the Spirit of Discovery,” the company said in a statement.
Spirit of Discovery was delivered on time and on budget, embarking on its maiden voyage in July. “Cruise bookings for 2019/20 for the Spirit of Discovery and for 2020/21 for the two new ships reflect strong demand generation and support the Group's target of £40m EBITDA per ship,” the company said.
Spirit of Adventure, the second of the line’s newbuildings, is due to enter service next year from the Meyer shipyard in Germany.
SunStone, China Merchants Heavy Industries, America Queen Steamboat Company and Albatros Expeditions celebrates the keel laying of third Infinity-class vessel
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- Written by Teijo Niemelä Teijo Niemelä
- Category: Top Headlines Top Headlines
- Published: 19 September 2019 19 September 2019

SunStone Ships, the largest tonnage provider in the expedition market, announced the successful keel laying ceremony of its third next-generation, Infinity-class vessel (CMHI 196-3).
With a goal of marrying European design and quality with Chinese ship-building efficiency, the Infinity-class delivers cutting-edge design, innovations like X-bow technology, and significant operating efficiencies.
SunStone President and CEO, Niels-Erik Lund, commented, “We are very pleased with the quality and high building standards of China Merchants Heavy Industry, which are fully at the level of European Shipyards. We are looking forward to continuing our relationships with all our partners in the Infinity-class project and we are moving fast forward as planned at very satisfactory speed, safety and quality level."
The keel laying of the Ocean Victory (CMHI 196-3) took place as per the schedule at China Merchant Heavy Industries in Haimen, China. Representatives from the Owner, the Charterers - American Queen Steamboat Company and Albatros Expeditions - participated in the Ceremony. The Ocean Victory is scheduled to be launched in April 2020 and to be delivered in October 2020. The Vessel will commence Antarctica Cruises from December 22nd, 2020 for Albatros Expeditions and for the summer season American Queen Steamboat Company will operate the vessel on Alaska cruises.
Infinity-class Vessels are 104 meters long, and 18 meters wide, having a draft of 5.1 meters. They feature a passenger capacity between 130-200 and a crew capacity between 85 and 115. The Vessels are Ice Class 1A, Polar Code 6 and are being built with Safe Return to Port, Dynamic Positioning and Zero Speed Stabilizers. The Vessels are featuring the X-Bow® by Ulstein Design & Solutions. They are small enough to give an exclusive atmosphere and yet large enough to yield all expected services and facilities such as a swimming pool, bar and restaurants, lounges, boutique, gym and spa.
Current Infinity-class newbuilds under way after the delivery of Greg Mortimer are; the Ocean Victory with delivery October 2020, the Ocean Explorer with delivery January 2021, the Infinity-class vessel no. 7 (TBN) with delivery September 2021, the Ocean Odyssey with delivery March 2022, the Ocean Discoverer with delivery September 2022 and the Ocean Albatros with delivery October 2022. All vessels ordered have long-term charter agreements in place.
In addition to the seven vessels already ordered, SunStone has options to build another three Infinity-class vessels.
Viking Cruises reveals deployment of its seventh ocean ship, announces return to Turkey
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- Written by Teijo Niemelä Teijo Niemelä
- Category: Top Headlines Top Headlines
- Published: 17 September 2019 17 September 2019
Viking today announced its seventh ocean ship, Viking Venus, will join its fleet in early 2021, further solidifying the company’s standing as the largest and world’s best small-ship ocean cruise line. The newest 930-guest sister ship will spend her maiden season sailing popular itineraries in Scandinavia and Northern Europe, including British Isles Explorer, In Search of the Northern Lights, Viking Homelands and Into the Midnight Sun.
“The spirit of exploration is at the heart of everything we do. We have always drawn inspiration from the original Viking explorers, who were the first to use the stars and constellations for long-distance navigation. Many elements onboard our ships honor those Viking explorers, and we are proud to host our guests on itineraries that sail some of those historic trading routes,” said Torstein Hagen, Chairman of Viking. “I am pleased to announce that Viking Venus will join our fleet in 2021, allowing us the ability to introduce even more travelers to the Viking way of exploration.”
Viking will also expand its offerings in the Mediterranean and today announced five new itineraries that include stops in Istanbul, marking the company’s return to the iconic city. The new 8-day Ancient Mediterranean Treasures will sail between Athens and Istanbul, with overnight stays in both cities. Guests looking for an extended experience in the region can choose a longer versions of the itinerary, including the 15-day Ancient Adriatic Treasures, which sails between Venice and Istanbul; the 15-day Ancient Mediterranean Antiquities, which sails between Rome and Istanbul; the 22-day Iconic Mediterranean Treasures, which sails between Barcelona and Istanbul; or the 29-day Mediterranean’s Iconic Shores, which also sails between Barcelona and Istanbul and includes stops in Montenegro and Croatia.
Beginning in April 2021 and sailing on Viking’s 930-guest all-veranda Viking Sky, guests embarking on the new Ancient Mediterranean Treasures itinerary or its longer combination cruise options will witness the origin of civilization while cruising the fabled Aegean Sea. Highlights of the new itinerary include:
– Istanbul, Turkey: Guests begin their journey with an overnight stay in Istanbul, allowing more time to explore the iconic city. Guests can visit a wealth of religious sites including the “Blue Mosque” one of the city’s most recognizable sites, watch the mesmerizing whirling dervishes perform at a local venue, or participate in a centuries-old tradition at a hammam, a Turkish bath. Plus, Viking’s Privileged Access® offers guests the chance to tour the legendary Hagia Sofia free of crowds.
– Troy (Çanakkale), Turkey: Guests can explore the nearby well-preserved ruins of Troy, most remembered as the setting of the Trojan War, described by Homer in the Iliad, or visit the nearby Battlefields of Gallipoli, the tranquil memorial site of one of World War I’s longest and deadliest battles.
– Ephesus (Kuşadasi), Turkey: One of the best-preserved cities of antiquity in the world, Ephesus is rich in history and ancient relics. While in port, guests can visit the Temple of Artemis, one of the Seven Wonders of the World, walk through the Byzantine Basilica of St. John, or visit the modest home where, according to legend, the Virgin Mary lived out her final days.
– Rhodes, Greece: While on the island of Rhodes, guests can explore within the city walls of Old Town, Europe’s largest active medieval town and a UNESCO World Heritage Site, learn about island culture through a visit to a traditional village home, or head to one of the island’s scenic mountaintops for sweeping views of the island and the Turkish coast.
– Heraklion, Greece: Located on the island of Crete, Heraklion boasts millennia-old history and was once the strongest fortified city in the Eastern Mediterranean. Guests can take in archeological splendors whose history is interwoven with the legends of Greek mythology, including the Palace of Knossos and the village of Arolithos, or explore the ruins of the Minoans, Europe’s oldest recorded civilization.
– Athens, Greece: The journey concludes with an overnight stay in Athens, known as “the birthplace of democracy,” where guests can witness iconic sites such as the Hellenic Parliament, the Panathenaic Stadium, the Temple of Olympian Zeus and the mighty Parthenon atop the Acropolis. Viking also offers guests Privileged Access to the Aikaterini Laskaridis Foundation’s exhibit on British naval icon Vice Admiral Horatio Lord Nelson and the chance to tour a reconstructed ancient Athenian warship, the Olympias, once the dominant warship on the Mediterranean Sea from the 7th to 4th centuries BC.
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