Star Cruises and Louis Reach agreement regarding Norwegian Dream

…only it wont involve Star finally getting the ship off their hands.

Not very much was know about the deal where Louis Cruises was going to buy the Norwegian Majesty and Norwegian Dream from NCL’s parent company Star Cruises. The transfer of the Norwegian Majesty went without drama, but the same could not be said of the Norwegian Dream. The two failed to reach an agreement and she went unsold and has been floating around the Med, or most recently Singapore, for months on end.

Todays news states that the two parties had “settlement of US$13.3 million in relation to the non-completion by Louis Plc. of the sale and purchase contract for Norwegian Dream.”

This was from a legal filing from Star Parent Company Genting Group of H.K.