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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 ...
In May 2013, the company announced plans to start an ocean cruise division and changed its name to Viking Cruises. [8] [9] Its first ocean cruise was launched in 2015. [10] As of 2016, Hagen has disposed of 23% of Viking Cruises to TPG Capital and the Canada Pension Plan Investment Board for a total of $672 million. [6] As of 2017, the company ...
As of 2021, the cruise industry was estimated to be around US$ 23.8 billion with 13.9 million passengers per year. The following is a list of the largest cruise lines with over 1,000 passengers per year and their market share by passengers and revenue as of 2021 according to Cruise Market Watch.
Viking, which has $5.4 billion in debt, is planning to go public next week. ... Viking Holdings, the European cruise line operator, is seeking to raise more than $1 billion in a public offering ...
Norwegian Cruise Line Holdings Ltd., with 19 ships, also offers shares with perks for its loyal but frugal ship enthusiasts. The Miami company provides people who own at least 100 shares with an ...
In 1990 and 1991, Kloster moved the Royal Viking Star and the Royal Viking Sky to its Norwegian Cruise Line brand, where they became the Westward and the Sunward and the Royal Viking Sea to its Royal Cruise Line brand, where she took the name Royal Odyssey. In 1993, the Westward ex Royal Viking Star became the Star Odyssey for Royal Cruise Line ...
MV Viking Star is the lead ship of the Viking Star class [citation needed] of cruise ships, and the first such ship operated by Viking Ocean Cruises, a division of Viking Cruises. She entered service in April 2015. Two Viking Star-class sister ships, Viking Sea and Viking Sky, joined her in the Viking Ocean Cruises fleet in 2016. [5]
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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