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    Fred. Olsen Cruise Lines

    SALE OF FRED. OLSEN'S BLACK PRINCE CONFIRMED

    06 May 2009

    An agreement to sell the Fred. Olsen cruise ship, Black Prince, has today been confirmed by the vessel’s owning company, Black Prince Cruise Ltd.

    Purchase of the 451 passenger vessel has been agreed with Servicios Acuaticos de Venezuela CA (SAVECA) through U S Shipbrokers of Florida, USA.

    Completion of the sale and the delivery of Black Prince to SAVECA will take place shortly after its last cruise finishes in Southampton on 16th October, 2009. It is understood that the vessel will be used as a cruise ship operating in Venezuelan waters.

    Black Prince

    With the sale of the Black Prince after October, the Fred. Olsen Cruise Lines fleet will consist of four vessels: Black Watch, Boudicca, Braemar and Balmoral.

    entered service for Fred. Olsen in October 1966, initially as a joint cruise ship and vehicle ferry between the UK and the Canary Islands, and the UK and Norway, and in recent years as a full time cruise ship from various regional UK ports to destinations in Europe, the Arctic, Africa, and the Caribbean