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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 ]
Viking XPRS is Viking Line's first new building for the Helsinki–Tallinn route. She is the first newbuilding delivered to the company since MS Kalypso in 1990 and also Viking Line's first fast cruiseferry, with a building contract worth approximately 120–130 million euros. [10]
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 ...
MV Viking Sun is a cruise ship operated by Viking Ocean Cruises. The fourth in a series of 930-passenger cruise ships to be built by Fincantieri for her operator, she was delivered at Fincantieri's shipyard in Ancona , Italy, on 25 September 2017.
The ships were based on the same design as the Amorella and Isabella that had been built by the same shipyard for the Finland-based SF Line for Viking Line traffic in 1988 and 1989, respectively. [ 5 ] [ 6 ] The Euroway sisters were designed with a somewhat different layout of public spaces and cabins, as well as an additional cabin deck.
Viking Line's history can be traced back to 1959, when a group of sea- and businessmen from the Åland Islands province in Finland formed Rederi Ab Vikinglinjen, purchased a steam-powered car-ferry SS Dinard from the UK, renamed her SS Viking and began service on the route Korpo (Finland)–Mariehamn (Åland)–Gräddö (Sweden).
The cruise was sold out in four hours, with prices starting from 350 euro per bed, and by Christmas time 2012 Viking Line had sold 300 thousand voyages. [ 40 ] [ 41 ] In addition to regular passengers, passengers on the cruise included directors and board members of Viking Line and invited guests.
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