A New Cruise Ship Lexicon: SunStone, FleetPro and Waterland – TUI Cruises Orders Fourth Ship – UK Cruise Market Stalls But Holds

          THE CRUISE EXAMINER at Cybercruises.com

          by Kevin Griffin

     The Cruise Examiner for 12th November 2012

TUI Cruises’ first 2,500-berth newbuilding, Mein Schiff 3, will enter service in 2014, to be followed in 2015 by Mein Schiff 4

Last week came news of the formation of a new passenger ship owning company called SunStone Ships Inc, which will take over the shipowners’ representation functions presently performed by International Shipping Partners Inc of Miami. Included in this will be the promotion of ISP’s previous newbuilding project for eight 100-balcony-cabin expedition ships capable of carrying 200 passengers each, called Project Unlimited. At the same time came news out of both Miami and Basel of the formation of a new independent cruise ship management company. FleetPro Passenger Ship Management will have two branches, with ISP undertaking management of ocean-going ships from Miami and River Advice looking after inland vessels from Basel. Finance for the FleetPro organisation has come from Netherlands-based Waterland Private Equity, which already has a majority interest in A’Rosa River Cruises of Germany. Elsewhere, TUI Cruises has confirmed its option for a second newbuilding, Mein Schiff 4, from STX Finland in Turku, while the latest UK cruise statistics indicate a market whose growth has stalled, but is at least holding its own

THIS WEEK’S STORY                                                       (See previous columns)

About thecruisepeople
Specialists in sea travel - ultra-luxury cruising, freighter travel, small ships and expedition voyages.

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