Bankrupt

Haimark Lines Files for Chapter 11

Small ship specialist Haimark Lines have just filed for bankruptcy. I covered this line back in June shortly after it started sailing, and the accident their ship had as well. From a quote given to CruiseIndustryNews, it seems the bankruptcy…

Ola Cruises Goes Bankrupt

Venezuelan cruise line  Ola Cruises has officially shut down all operations. Their one ship the Ola Esmeralda (ex-Black Prince, Black Watch, Venus) will be sold for scrap. photo via ship parade

Monday Update Happy Cruises Pt. 2

ISP,The Owner of the Ocean Pearl and Gemini, have released a statement in the wake of negative press from crew onboard. They state that the Vessels are alongside Gibraltar. They chartered 2 Airbus a320’s to fly the crew to London…

Monday Update Happy Cruises

Alan Lam writes via a Peruvian crewmember Deceno worked in the ship’s restaurant. He is 32 years old and comes form Trujillo. It was also reported that another crewmember wrote to his sister, stating, among others, that the crew had…

Happy Cruises Update

In the wake of the abrupt end to Happy Cruises, current vacationers and crew members are left in limbo. Some were left at random ports, crew were told to stay onboard for no pay. The whole situation is a mess.…

UPDATE on Happy Cruises

International Shipping Partners of Miami, vessel owners, issued the below statement: On Monday, September 26, ISP was unexpectedly informed that Happy Cruises, charterers of the cruise vessels M/V GEMINI and the M/V OCEAN PEARL, would cease operation and cancel all…

Happy Cruises Quasi Seizes Operations

I say Quasi since they still are pursuing operations to stay afloat (pun intended). Happy Cruises operates 3 ships on time charter from ship owners ISP of Miami. The Spanish line apparently is looking for a large, fast, cash infusion…

BREAKING: Cruise West to Cease Operations?

According to their Chairman, Dick West, apparently not. Rumors broke out during the weekend that the troubled small-ship line was sold and all cruises cancelled. Then it was rumored by uber-cruise-site CruiseCritic, that only the Spirit of Oceanus was impacted…

Windstar Cruises Bankrupt?

News from PR Newswire may suggest that. Ambassadors International, Inc., the parent company of Windstar Cruises, may be on the brink actually. Today Ambassadors sold its Travel and Events division to Lakeview Equity Partners, LLC, a Milwaukee Equity Fund. It…