Thursday, February 19, 2009

Saga continues with purchase of Astoria

UK cruise line Saga is continuing with its purchase of Club Cruises’ Astoria, despite the vessel being involved in a forced sale following the collapse of the Dutch cruise line. However, Saga has now stopped selling cruises on the vessel in 2010 until the dispute is resolved. 

Saga had agreed to pay €30m for the 1981-built vessel before Club Cruise defaulted on loan payments for its fleet and was forced to put the fleet up for sale. The 500 passenger capacity Astoria is currently under arrest in Barcelona, although Saga hopes to start cruises on the vessel from the spring of 2010.

Astoria is being bought to replace the ageing Saga Rose. She was to have been renamed Quest for Adventure, but will now to name Saga Pearl II, if the deal goes through. While negotiations continue on the purchase of Astoria, Saga is also looking for an alternative ship should the sale fall through. Sphere: Related Content

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