Cruise & Maritime Voyages (CMV) was a British passenger shipping company headquartered in Purfleet, Essex, United Kingdom.[1][2][3] The company ceased operations in 2020 and entered administration.
History
Cruise & Maritime Voyages was formed in 2009, by parent organisation Cruise & Maritime Services International, after their German based Transocean Tours (for whom they were the UK representative) filed for bankruptcy.[4]
Cruise & Maritime Voyages positioned itself as "Providing ex-UK 'no fly' cruising holidays aboard smaller and medium-sized classic and more traditional style ships."[5] The company served an adult market, with an onboard style of traditional entertainment, dining and rooms using a fleet of older vessels.[6]
In March 2020, due to the COVID-19 pandemic, Cruise & Maritime Voyages temporarily halted operations, with the majority of ships laid up in Tilbury. On the 23 June 2020, five ships within the CMV fleet were detained by the Maritime and Coastguard Agency, including the MV Columbus, MV Vasco da Gama, MV Astoria, MS Astor, and MS Marco Polo over crew welfare concerns after inspections revealed "expired and invalid seafarers employment agreements, late payment of wages and crews who had been on board for over 12 months." The MS Magellan was also inspected by the Agency but was not detained.[8]
Sky News reported on 15 July 2020 that the company was facing insolvency and was in talks with VGO Capital Management, which Sky described as "a special situations investor with expertise in the shipping industry", for additional financing. The company had previously sought a financing agreement with private equity firm Novalpina Capital; this attempt failed after Barclays declined to offer the company a state-backed loan.[9] Attempts to secure financing failed, and the company, including its German subsidiary, entered administration with Duff & Phelps Ltd. on 20 July 2020, with all trading ceased and all sales offices closed with immediate effect.[10]
It was reported on 19 August 2020 that the company's ships were actively for sale on the secondhand market, and that the Administrators were "said to be struggling with crew repatriation."[11] In November, at an auction sale, the company's fleet (excepting Astoria, which the company operated under charter from Bank Montepio of Lisbon) was sold for US$ 23,419,000.[12]
Just a few weeks before the outbreak of the pandemic, in November and December 2019, three ships of the fleet, the Marco Polo, the Magellan and the Astor underwent a maintenance and repair programme at Damen Shipyard in Amsterdam.[13]
Fleet
The following ships were operated or were scheduled to be operated by Cruise & Maritime Voyages.
In 2009, the ship was chartered for cruising as the line's first ship and was operated as an adults-only (16 and above) vessel, marketed at cash short consumers, with multiple departure points in the UK along with exotic itineraries.[14] After CMV entered administration, she was sold for US$ 2,770,000. First Marco Polo became a floating hotel in Dumbai. After a mooring at Persian Gulf with her fate unknown the ship sold for scrap at Alang, India in January 2021.
In 2010, the ship was chartered as the second ship of the fleet.[15] Replaced in 2012 by the Discovery[16] and subsequently sold for scrap in 2013 after a fire destroyed the ship.[17]
The ship was due to leave the Transocean Tours fleet in May 2021 and was to have been refurbished and renamed as Jules Verne, after which she would have sailed out of Le Havre and Marseille for Cruise & Maritime Voyages's new French brand.[20][21] After CMV entered administration, she was sold at auction for US$ 1,710,000. Scrapped in Aliağa, Turkey in 2020.
Chartered from Portuscale Cruises to replace the slightly bigger MV Discovery.[22] Prior to Cruise & Maritime Voyages entering administration, Astoria was scheduled to leave the CMV fleet in October 2020.[23] After CMV entered administration, she was returned to Montepio, her Lisbon-based owner.
Ship was transferred from Ibero Cruises in 2015[24] and served as the flagship of the fleet until 2017.[citation needed] After CMV entered administration, she was sold at auction to Seajets for US$ 3,431,000. In January 2021 the ship was sold for scrap as Mages at Alang, India
Formerly sailed as the Pacific Pearl for P&O Australia. Became cruise line's flagship upon entering the fleet on 11 June 2017.[25] After CMV entered administration, she was sold at auction to Seajets for US$ 5,321,000 and later resold for scrap.
Sold to Cruise & Maritime Voyages in 2018; formerly Pacific Eden and Statendam. Sailed for part of the year under the Transocean Tours brand in Europe, and under the Cruise & Maritime Voyages brand in Australia in the summer replacing Astor.[26][27] After CMV entered administration, she was sold at auction to Mystic Invest for US$ 10,187,000.[28]
Sold to CMV in 2019 by P&O Cruises Australia with planned delivery in 2021, where she is sailing as Pacific Dawn. After CMV entered administration, P&O sold her to Ocean Builders, which planned to rename her Satoshi and convert her into a floating hotel in Panama.[30]
Sold to CMV in 2019 by P&O Cruises Australia with planned delivery in 2021. where she is sailing as Pacific Aria. After CMV entered administration, P&O sold her to Seajets.[31]