Cruise_&_Maritime_Voyages

Cruise & Maritime Voyages

Cruise & Maritime Voyages

British passenger shipping company


Cruise & Maritime Voyages (CMV) was a British passenger shipping company headquartered in Purfleet, Essex, United Kingdom.[1][2][3] The company ceased operations in 2020 and entered administration.

Quick Facts Industry, Founded ...

History

Cruise & Maritime Voyages was formed in 2009, by parent organisation Cruise & Maritime Services International, after their German based Transocean Tours (for whom they were the UK representative) filed for bankruptcy.[4]

Cruise & Maritime Voyages positioned itself as "Providing ex-UK 'no fly' cruising holidays aboard smaller and medium-sized classic and more traditional style ships."[5] The company served an adult market, with an onboard style of traditional entertainment, dining and rooms using a fleet of older vessels.[6]

In December 2019, it was announced that the company acquired two new ships, P&O Australia's Pacific Dawn and Pacific Aria.[7]

In March 2020, due to the COVID-19 pandemic, Cruise & Maritime Voyages temporarily halted operations, with the majority of ships laid up in Tilbury. On the 23 June 2020, five ships within the CMV fleet were detained by the Maritime and Coastguard Agency, including the MV Columbus, MV Vasco da Gama, MV Astoria, MS Astor, and MS Marco Polo over crew welfare concerns after inspections revealed "expired and invalid seafarers employment agreements, late payment of wages and crews who had been on board for over 12 months." The MS Magellan was also inspected by the Agency but was not detained.[8]

Sky News reported on 15 July 2020 that the company was facing insolvency and was in talks with VGO Capital Management, which Sky described as "a special situations investor with expertise in the shipping industry", for additional financing. The company had previously sought a financing agreement with private equity firm Novalpina Capital; this attempt failed after Barclays declined to offer the company a state-backed loan.[9] Attempts to secure financing failed, and the company, including its German subsidiary, entered administration with Duff & Phelps Ltd. on 20 July 2020, with all trading ceased and all sales offices closed with immediate effect.[10]

It was reported on 19 August 2020 that the company's ships were actively for sale on the secondhand market, and that the Administrators were "said to be struggling with crew repatriation."[11] In November, at an auction sale, the company's fleet (excepting Astoria, which the company operated under charter from Bank Montepio of Lisbon) was sold for US$ 23,419,000.[12]

Fleet

The following ships were operated or were scheduled to be operated by Cruise & Maritime Voyages.

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References

  1. Reinikainen, Kari (14 August 2009). "New cruise brand with two ships to launch in the UK in 2010". Cruise Business Online. Archived from the original on 8 July 2011. Retrieved 24 January 2011.
  2. "Cruise & Maritime Voyages launches 2010/2011 winter preview". Travel Weekly. 31 December 2009. Archived from the original on 21 July 2011. Retrieved 24 January 2011.
  3. "Cruise & Maritime Voyages – Contact Us". Cruiseandmaritime.com. Retrieved 24 January 2011.
  4. "Trans Ocean Files for Bankruptcy". Cruisecritic.co.uk. 4 September 2009. Retrieved 24 January 2011.
  5. "About Us (Company Website)". Cruiseandmaritime.com. Retrieved 24 January 2011.
  6. "New UK Cruise Liner Launched | Travel News". Comparecarhire.co.uk. 15 August 2009. Archived from the original on 4 March 2012. Retrieved 24 January 2011.
  7. "Cruise and Maritime Voyages Acquires Two Ships". Travel Agent Central. 3 December 2019. Retrieved 31 August 2020.
  8. Holland, Kaye (23 June 2020). "Five cruise ships seized in UK ports over 'serious concerns' for crew". The Telegraph. Retrieved 20 July 2020.
  9. Kleinman, Mark (15 July 2020). "Coronavirus: Cruise operator CMV in last-ditch bid to stay afloat". Sky News. Retrieved 20 July 2020.
  10. Kalosh, Anne (20 July 2020). "Cruise & Maritime Voyages goes into administration". Seatrade Cruise News. Archived from the original on 21 July 2020. Retrieved 20 July 2020.
  11. "CMV Cruise Ship Fleet Sits in Limbo Status". Cruise Industry News. 19 August 2020. Archived from the original on 24 September 2020. Retrieved 19 August 2020.
  12. "Here's What an Entire Cruise Fleet Sold for at Auction". Cruise Industry News. 8 November 2020. Archived from the original on 8 November 2020. Retrieved 9 November 2020.
  13. "New UK Liner". Comparecarhire.co.uk. 15 August 2009. Archived from the original on 4 March 2012. Retrieved 24 January 2011.
  14. "Ocean Countess". Archived from the original on 22 February 2011. Retrieved 2 January 2010.
  15. Mathisen, Oivind (7 September 2012). "Discovery to Join Cruise and Maritime After Drydock".
  16. Knego, Peter (8 February 2013). "ASTOR Heading "Down Under" For CMV". Maritime Matters. Archived from the original on 31 March 2018. Retrieved 24 February 2018.
  17. Write a Review (7 February 2013). "Cruise Line Charters Ship for U.K.-Australia Cruises – Cruise & Maritime Voyages". Cruisecritic.co.uk. Retrieved 2 September 2018.
  18. Staff, CIN (3 November 2014). "Grand Holiday to CMV".
  19. "Cruise Holidays and Deals | Cruise & Maritime Voyages US". Cruiseandmaritime.com. Archived from the original on 17 March 2018. Retrieved 2 September 2018.
  20. "Mystic Cruises buys Vasco da Gama, first CMV ship to be auctioned". seatrade-cruise.com. 13 October 2020. Retrieved 17 October 2020.
  21. "Two more ships for 2021!". 28 November 2019. Retrieved 28 November 2019.[permanent dead link]
  22. "Former P&O Cruise Ship Slated to Become Floating Community off Panama". The Maritime Executive. Retrieved 17 October 2020.
  23. "Iliopoulos strikes again with another Carnival cruiseship buy | TradeWinds". TradeWinds | Latest shipping and maritime news. 14 October 2020. Retrieved 17 October 2020.

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