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New plans for Louis

05/02/2008 09:00
According to Lloyd’s magazine, Louis will adopt a renewal programme for its fleet. “The Company is to start negotiations with European shipyards on a newbuilding of around 2,000-passenger capacity for delivery in 2012”, chief executive Stelios Kiliaris told Lloyd’s.

Louis' fleet renewal programme started last year when it bought Opera for US $49m, while there are also unconfirmed reports that the Nicosia-based company is also looking at the purchase of the half completed cruiseship Regent Sky.

“Louis is looking to dispose of three ageing vessels from its fleet this year, Ivory, Princesa Marissa and Serenade. Negotiations are under way with prospective buyers for two of these ships, which are most likely to be turned into floating hotels”, the magazine wrote.

According to the report, “on the operations front, the company is looking at new itineraries in the Greek islands as well as the possibility of offering a dedicated ship in the Eastern Mediterranean for either Chinese or Russian passengers. In another major development, Louis is part of one of the three international consortia fighting for the major contract to develop and manage the new Larnaka cruise port”.

“Its involvement with easyCruise's newbuilding plans have been shelved for the time being”, the magazine concluded.