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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 ...
[3] [5] Viking focuses on English language speakers over 55, especially Americans, and has more than 70 river cruise ships, which mainly navigate the major Europe waterways. [6] 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]
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].
As the world's biggest river cruise line, Viking River Cruises lays claim to the largest fleet, most extensive network of rivers and a wealth of experience navigating the world's waterways. In a ...
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 $1 billion in a public offering ...
As of 2021, the cruise industry was estimated to be around US$ 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.
More than 100 Viking passengers became sick during a recent cruise, the Centers for Disease Control and Prevention said. The public health agency said 110 of the Viking Neptune ship’s 838 guests ...
2017 – MV Viking Sun (47,800 GT) for Viking Ocean Cruises; 2018 – MV Seabourn Ovation (40,350 GT) for Seabourn; 2018 – MS Nieuw Statendam (99,500 GT) for Holland America Line; 2018 – Carnival Horizon (135,500 GT) for Carnival Cruise Lines; 2018 – MSC Seaview (153,516 GT) for MSC Cruises; 2019 – Sky Princess (143,700 GT) for Princess ...
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