| Daily news, 24 Apr 2008 |
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HONG KONG – Star Cruises further strengthened its capital structure by completing the sale of two ships, Norwegian Dream and Norwegian Majesty, to the Cyprus Louis Group for US$218 million and US$162 million respectively. The two ships will be chartered back from the new owner to complete their announced scheduled itineraries in November 2008 for Norwegian Dream and December 2009 for Norwegian Majesty.
“This transaction will speed up the optimisation plan for the upgrade of our existing fleet in Asia and the international fleet in America and Europe so as to realize our mission and promise for delivering the best quality cruising experience to our cruisers by continuously upgrading our hardware and software. In fact, we have two new ships currently under construction and will deliver 10,800 more lower berths by completion in 2010,” said Mr. David Chua, president of Star Cruises.
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