Sarah Bretz, ContributorIn late February, U.S. based small-ship cruise line American Queen Voyages announced that it was shutting down.
“American Queen Voyages has made the difficult decision to shut down and all future cruises have been cancelled. Guests and customers should expect to be fully refunded for cancelled cruises,” a message from the cruise line said. Employees were told that the shut down was due to “unfortunate business circumstances and an inability to obtain sufficient capital at a commercially reasonable rate to continue operations.”
As the line’s river and coastal ships were put up for sale, it has been revealed via a court filing that another U.S. based cruise brand, American Cruise Lines, has purchased American Queen Voyages’ four river ships.
In a statement, the company said “American Cruise Lines is pleased to be the successful bidder for AQV’s river vessels. We look forward to announcing additional details as we move through the bankruptcy process.”
How Much Each American Queen Voyages River Ship Sold For
Here’s what each vessel sold to American Cruise Lines for:
- American Queen: $2,150,000
- American Empress: $1,600,000
- American Countess: $1,600,000
- American Duchess: $200,000
Other related assets including website domain names and trademarks associated with American Queen Voyages, as well as some business records, were also purchased by American Cruise Lines for $750,000.
An auction was held for the cruise brand’s assets, where American Cruise Lines was the winner of the river fleet. It is currently unknown who purchased the line’s two coastal ships, Ocean Navigator and Ocean Voyager.
Similarly to American Queen Voyages, the 1972-founded American Cruise Lines operates a fleet of both river and coastal cruise ships.
Comments
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