Another cruise line shuts down as COVID's impact on industry grows
The coronavirus crisis has claimed another cruise line.
U.K.-based Cruise & Maritime Voyages shut down Monday after days of scrambling to find emergency funding.
Representatives from financial consultancy firm Duff & Phelps have been appointed as administrators for the line, according to a notice posted Monday on the company's website.
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The notice said all cruises at the line had been canceled. It suggested passengers on the canceled trips make a claim for compensation with the U.K.'s ABTA, a travel trade association that insures trips sold by member companies in the case of company failures. It directed customers with flight-inclusive cruise packages to make a claim with the U.K.'s Civil Aviation Authority.
Catering to British travelers, Cruise & Maritime Voyages was the U.K.'s second-biggest cruise operator after Carnival Corporation's P&O Cruises. It marketed trips on six ships -- Columbus, Vasco da Gama, Astoria, Astor, Marco Polo and Magellan.
While the line wasn't well known in the U.S., many of its ships were. The line often bought older vessels from top-tier U.S.-based brands such as Carnival Cruise Line, Holland America and Princess Cruises.
Related: How to book a cruise with points and miles
The line's Columbus, a 1,400-passenger vessel, once sailed as Star Princess at Princess Cruises. Magellan, a 1,250-passenger vessel, is the former Holiday at Carnival Cruise Line.
Vasco da Gama was a former Holland America ship.
The line also was famous for marketing Astoria, the world's oldest cruise ship still in operation. Dating to 1948 and originally named Stockholm, the vessel originally was an ocean liner.
While sailing under the name Stockholm in 1956, Astoria infamously collided with the Italian liner Andrea Doria. The accident, which took place off the coast of Nantucket, resulted in 46 deaths and the sinking of Andrea Doria. It was one of the biggest passenger ship accidents of the era.
Related: Is cruising done until 2021? This cruise line thinks so
Cruise & Maritime Voyages' Marco Polo also was a former ocean liner that dated to 1965. It originally was built as the Aleksandr Pushkin for the Soviet Union's Baltic Shipping Company. For many years, it sailed for Orient Lines, which eventually was acquired by Norwegian Cruise Line.
Cruise & Maritime Voyages had been scheduled to receive two new ships in the coming year in a transfer from Carnival Corporation-owned P&O Cruises Australia. It's unclear now what will happen to those vessels.
The two vessels -- Pacific Dawn and Pacific Aria -- are among 13 ships that Carnival Corporation had said were leaving its fleet in the coming months as it cuts costs and reorganizes in anticipation of a slow restart to cruising.
Carnival Corporation is the parent company of Carnival Cruise Line, Princess Cruises, Holland America, Seabourn and five overseas brands.
Related: Why Holland America was right to shed 29% of its fleet
While primarily aimed at British travelers, Cruise & Maritime Voyages also sold voyages in the German market under the name TransOcean.
Like many other lines around the world, Cruise & Maritime Voyages hasn’t offered any departures since mid-March due to the coronavirus pandemic. The shutdown has taken a financial toll on many cruise brands.
Cruise & Maritime's collapse comes just two weeks after Sweden-based Birka Cruises shut down, citing the financial pressures of the coronavirus pandemic. Relatively unknown in North America, Birka Cruises offered two- to four-night Baltic cruises out of Stockholm, Sweden, as well as day trips around the Stockholm archipelago.
The coronavirus crisis also has led to the insolvency of Spain-based Pullmantur Cruises. The three-ship operator, which is partly owned by Royal Caribbean Group, announced last month that it had filed for reorganization under Spanish insolvency laws.
Pullmantur blamed headwinds from the coronavirus pandemic that were “too strong … to overcome.”
Related: 23 classic cruise ships that may never return to service
Two of Pullmantur's three ships in recent days have sailed to ship scrapping town Aliaga, Turkey.
Additional resources for cruisers during the coronavirus outbreak:
- When will cruising resume? A line-by-line guide
- Why you shouldn't expect bargain-basement cruise deals anytime soon
- How to cancel or postpone a cruise due to coronavirus
- Expecting a refund for a canceled cruise? Here's how long it will take
- Some of the year's hottest new ships could be delayed
- Stream these 13 movies, television shows to get your cruise ship fix
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| 4X | Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. |
| 4X | Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. |
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Why We Chose It
There’s a lot to love about the Amex Gold. It’s a fan favorite thanks to its fantastic bonus-earning rates at restaurants worldwide and at U.S. supermarkets. If you’re hitting the skies soon, you’ll also earn bonus Membership Rewards points on travel. Paired with up to $120 in Uber Cash annually (for U.S. Uber rides or Uber Eats orders, card must be added to Uber app and you can redeem with any Amex card), up to $120 in annual dining statement credits to be used with eligible partners, an up to $84 Dunkin’ credit each year at U.S. Dunkin Donuts and an up to $100 Resy credit annually, there’s no reason that foodies shouldn’t add the Amex Gold to their wallet. These benefits alone are worth more than $400, which offsets the $325 annual fee on the Amex Gold card. Enrollment is required for select benefits. (Partner offer)Pros
- 4 points per dollar spent on dining at restaurants worldwide and U.S. supermarkets (on the first $50,000 in purchases per calendar year; then 1 point per dollar spent thereafter and $25,000 in purchases per calendar year; then 1 point per dollar spent thereafter, respectively)
- 3 points per dollar spent on flights booked directly with the airline or with amextravel.com
- Packed with credits foodies will enjoy
- Solid welcome bonus
Cons
- Not as useful for those living outside the U.S.
- Some may have trouble using Uber and other dining credits
- You may be eligible for as high as 100,000 Membership Rewards® Points after you spend $6,000 in eligible purchases on your new Card in your first 6 months of Card Membership. Welcome offers vary and you may not be eligible for an offer. Apply to know if you’re approved and find out your exact welcome offer amount – all with no credit score impact. If you’re approved and choose to accept the Card, your score may be impacted.
- Earn 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year.
- Earn 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com.
- Earn 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com.
- Earn 1X Membership Rewards® point per dollar spent on all other eligible purchases.
- $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That’s up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards® points for Uber Eats purchases made with restaurants or U.S. supermarkets. Point caps and terms apply.
- $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express® Gold Card at U.S. Dunkin' locations. Enrollment is required to receive this benefit.
- $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express® Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required.
- $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required.
- Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property.
- No Foreign Transaction Fees.
- Annual Fee is $325.
- Terms Apply.