August 22, 2006
Hornblower to acquire coastal cruise ships
Hornblower Marine Services, New Albany, Ind., is planning to acquire the Cape May Light and the Cape Cod Light, the two coastal cruise vessels built for the now-defunct American Classic Voyages, reports Travel Weekly.
The two 300 ft, 224-passenger vessels were built by Atlantic Marine and have been the property of the U.S. Maritime Administration since 2001.
Hornblower has been looking into acquiring both 224-passenger cruise ships for more than six months and expects the transaction to close in late October.
"Work has been underway simultaneously within the company to develop a unique and distinctively different cruise product than any currently operating in the U.S. small-ship and riverboat market today," Travel Weekly quotes Hornblower as saying.
Cape May Light and Cape Cod Light have been moored at Green Cove Springs near Jacksonville since the 2001 bankruptcy of American Classic Voyages.
Both are in good condition but need work to gain classification and compete in the premium market.