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Press release -

Fred. Olsen Cruise Lines clarifies position on rising fuel costs

Fred. Olsen Cruise Lines wishes to clarify its position with regards to Fuel Cost Supplements and Fuel Surcharges, which it has levied in response to the increasing cost of fuel oil and the significant impact this has had on its operating costs.

Fuel Cost Supplements

With effect from 19th January 2011, Fred. Olsen Cruise Lines has simplified the charging structure for Fuel Cost Supplements. To bring it in line with the EU Package Travel Directive and ABTA requirements for the levying of fuel surcharges, the company has switched from a 'per person, per night' charge to a 'percentage of fare' charge.

This will mean that – with effect from 19th January 2011 – the Fuel Cost Supplement will be 5.5% of the cruise fare paid, after any relevant discounts have been deducted. This will apply to all bookings made on departures featured in the ‘Fred. Olsen Cruises 2011/2012 Worldwide Second Edition’ brochure, with the exception of the 2012 ‘Grand Voyage’ cruises – i.e. Black Watch’s ‘Around the World’ cruise W1201, and Balmoral’s ‘Around South America’ cruise L1201, whether full or sector cruises, which will attract no Fuel Cost Supplement.

In the event that the price of Brent crude oil falls back to £45 per barrel, or below – averaged across the month prior to the date of departure – the Fuel Cost Supplement will be refunded to the guest in the form of an onboard spending credit.

Fuel Surcharges

On bookings taken prior to 23rd December 2010, for cruise departures from 10th April 2011, Fred. Olsen Cruise Lines is implementing a Fuel Surcharge of 4.5% of the cruise fare paid, capped at a maximum of £250 per person, per cruise, and taking into account any Fuel Cost Supplement already paid by guests. However, no Fuel Surcharge will be levied on Fred. Olsen Cruise Lines’ 2012 ‘Grand Voyage’ cruises – i.e. Black Watch’s ‘Around the World’ cruise W1201, and Balmoral’s ‘Around South America’ cruise L1201, whether full or sector cruises, based on today’s level of operating costs. 
In accordance with the EU Package Travel Directive, and as notified to ABTA, Fred. Olsen will be absorbing 2% of the total 6.5% increase in operating costs due to oil price rises.

Fred. Olsen Cruise Lines will review its Fuel Surcharge policy on a monthly basis to ensure that it is in line with oil trading prices.

Topics

Regions


Fred. Olsen Cruise Line operates in the UK with four intimately sized ships for a more personal cruising experience.

Contacts

Ellis Orchard

Ellis Orchard

Press contact Public Relations Manager Public Relations 07557672265
Georgina May

Georgina May

Press contact Public Relations Executive Public Relations
Lauren Gardner

Lauren Gardner

Press contact Public Relations Manager Public Relations 07546807099

Fred. Olsen Cruise Lines

At Fred. Olsen Cruise Lines we are very proud of our smaller ships – Bolette, Borealis and Balmoral - and the imaginative and unusual itineraries they allow us to offer. Every cruise is hand-crafted from scratch by our team of in-house Journey Planners to make sure you are not only visiting the best destinations, but at the best time to experience them.

For us, it’s not just about where we go but how we take you there. We put as much time into planning scenic cruising as we do in choosing the destinations themselves. On board, our Signature Experiences showcase the history, culture, nature and flavours of the destinations you’ll visit – from Treats of the Region, where you can enjoy local delicacies, to our Sky at Sea star-gazing sessions where you can relax with a hot toddy out on deck while our astronomer talks you through the night sky.

Plus, with each ship carrying 1,300 guests or less, our ships are small enough for us to offer a warm, friendly and personal service where nothing is ever too much trouble, as we visit a host of exciting ports in every corner of the globe.

Fred. Olsen Cruise Lines
Fred. Olsen Cruise Lines

Fred. Olsen House, White House Road
IP1 5LL Ipswich, Suffolk
United Kingdom