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Royal Viking Star was stretched in 1981, followed by Royal Viking Sky in 1982 and Royal Viking Sea in 1983. The lengthening of the ships improved both their profiles and their economics. In 1984, Torstein Hagen arranged a $240 million management buyout of the company, with the assistance of venture capital firm JH Whitney [citation needed].
The first large cruise ships were the Voyager-class from Royal Caribbean Group's Royal Caribbean International (RCI). These ships, which debuted in 1998 at over 137,000 GT, were almost 30,000 GT larger than the next-largest cruise ships, and were some of the first designed to offer amenities unrelated to cruising, such as an ice rink and climbing wall. [1]
The company was established by Torstein Hagen in St. Petersburg, Russia as Viking River Cruises in 1997. Hagen had become involved in cruising as a McKinsey and Company consultant who helped the Holland America Line survive the 1973 oil crisis, then was CEO of the Royal Viking Line from 1980 to 1984, made money in the Russian private equity markets, then bought a controlling stake in a Dutch ...
As mentioned in Expat Explore’s European winter tours, the Swiss Alps offer a magical winter setting for New Year’s celebrations, complete with snow-covered peaks and cozy alpine traditions ...
Star Legend (formerly Royal Viking Queen, Queen Odyssey and Seabourn Legend) is a cruise ship constructed by Schichau-Seebeckwerft in Bremerhaven, Germany and operated by Windstar Cruises. She is the identical sister ship of Star Pride and Star Breeze , all designed by Petter Yran and Bjørn Storbraaten.
A third vessel, originally planned for 1990, was delayed due to investors' financial constraints and was ultimately purchased by Royal Viking Line in 1992 as Royal Viking Queen. In 1995, Royal Viking Queen was transferred to a Kloster subsidiary, Royal Cruise Line, as Queen Odyssey. In 1991, Carnival Corporation purchased a 25% stake in Seabourn.
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