Press release - 6 May 2010 12:08

Sale of Fred. Olsen's Black Prince Confirmed

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 16^th 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

Topics

Regions

England

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

Fred. Olsen Cruise Lines

Contacts

Ellis Orchard

Press contact Public Relations Manager Public Relations ellis.orchard@fredolsen.co.uk 07557672265

Georgina May

Press contact Public Relations Executive Public Relations georgina.may@fredolsen.co.uk

Lauren Gardner

Press contact Public Relations Manager Public Relations lauren.gardner@fredolsen.co.uk 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