News

Star Cruises confident despite SARS

STAR Cruises is pressing ahead with a £207 million loan to
buy a ship for Norwegian Cruise Line, despite the impact of SARS on its Asian
business.

The flu-like virus has forced Star Cruises to relocate its
two largest ships, SuperStar Leo and SuperStar Virgo, to Australia. But the
cruiseline’s senior vice-president Gerard Lim has claimed SARS is just a ‘minor
aberration’ for the industry.

The loan will pay for a new-build vessel for US-based NCL,
with repayment over 12 years

Share article

View Comments

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.