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Old 05-20-2008, 07:13 AM   #2
Ally
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Join Date: Jun 2006
Location: York, UK
Cruises Completed: 10-14
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20.5.2008: Hurtigruten considers major shift of focus to stop losses

Hurtigruten, the Norwegian company best known for its daily service between Bergen and Kirkenes plus destinational cruises, is planning a drastic revision of its business to stem continued losses. A shareholders meeting on 15 May discussed options for the company, whose net losses deepened to NOK167 million last year from NOK136 million in 2006. The company may sell its coach and local ferry operations and focus on the shipping business that comprises 11 vessels of about 10,000 to 12,000 gross tons each. Hurtigruten was formed through the merger of Ofotens og Vesteraalens DS and Troms Fylkes DS in 2005 in a move to boost the efficience of the business. However, despite various efforts by the management to put an end to the losses, this has not happened.
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Ally - CruisingTalk Administrator

1965 - Cunard Queen Mary
1967 - Cunard Queen Elizabeth
1970 - Cunard Queen Elizabeth 2
1971 - P&O Oriana
1972 - SS France
1975 - SS Leopard
1977 - P&O Canberra
2005 - NCL Norwegian Jewel - Shakedown Cruise - Jersey
2005/6 - NCL Norwegian Crown - Chile, Cape Horn, Falkland Islands, Uruguay & Argentina - Christmas/New Year cruise
2006 - Fred Olsen Braemar Mini Cruise - Amsterdam & Zeebrugge
2007 - Fred Olsen Braemar Transatlantic - Jamaica, Cuba, Bahamas, Bermuda & Azores
2007 - Fred Olsen Braemar Mini Cruise - Guernsey & Amsterdam
2007 - NCL Norwegian Gem - Shakedown Cruise - Amsterdam
2008 - Costa Allegra - Hong Kong, Philippines, Borneo, Brunei, Singapore, Saigon, Da-Nang & Sanya


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10/10/2009 - Costa Classica - Grand Oriental Cruise - Shanghai, Nagasaki, Tokyo, Kobe, Naha, Keelung and Hong Kong - 16 Nights
Cruising in: 273 day(s), 22 hour(s), 3 minute(s)
 
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