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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 ...
Established in 1975, Cruise Lines International Association (CLIA) is the world's largest cruise industry trade association based on the number of passenger cruise ships operated by its members. However, there is a significant proportion of the wider cruise industry which does not subscribe to CLIA's member body and which transports a ...
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 ]
Regent Seven Seas Cruises (RSSC), formerly known as Radisson Seven Seas Cruises, is a luxury cruise line headquartered in Miami, Florida, United States.. Since September 2014, Regent Seven Seas Cruises has been a wholly owned subsidiary of Norwegian Cruise Line Holdings, which also owns Norwegian Cruise Line and Oceania Cruises.
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]
Royal Caribbean Group was formed as Royal Caribbean Cruises Ltd. in 1997 when Royal Caribbean Cruise Line purchased Celebrity Cruises.The decision was made to keep the two cruise line brands separate following the merger; as a result Royal Caribbean Cruise Line was re-branded Royal Caribbean International and Royal Caribbean Cruises Ltd. was established as the new parent company of both Royal ...