Mr Luxury Posted June 14, 2022 #1 Share Posted June 14, 2022 A good fit for Silversea and a lovely vessel 4 Link to comment Share on other sites More sharing options...
Rare WesW Posted June 14, 2022 #2 Share Posted June 14, 2022 (edited) thanks for sharing Mr luxury look forward to tryin this new member of Silversea’s expedition fleet. wonder when the Endeavor will begin service? according to cruise news maybe the 22-23 Antarctica season and will be christened Silver Endeavor Edited June 14, 2022 by WesW Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted June 14, 2022 #3 Share Posted June 14, 2022 2 hours ago, WesW said: thanks for sharing Mr luxury look forward to tryin this new member of Silversea’s expedition fleet. wonder when the Endeavor will begin service? according to cruise news maybe the 22-23 Antarctica season and will be christened Silver Endeavor YES!! Great, interesting news from Mr Luxury. Excellent questions from WesW. Look forward to learning much more. What was the price paid?? THANKS! Enjoy! Terry in Ohio 1 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted June 14, 2022 #4 Share Posted June 14, 2022 On the Crystal CC Board (what is left of that posting site), they had a link to the trade story with this headline: “Silversea Set to Acquire Crystal Endeavor” with these highlights: “Silversea Cruises is set to operate the Crystal Endeavor, as the luxury cruise line has acquired the 200-guest vessel. In addition, Silversea has filed to trademark the name Silver Endeavor (and Silver Endeavour) on June 8 with the United States Patent and Trademark Office. The ship is currently in Gibraltar and could sail for Silversea as soon as later this year following a rebrand, lining up with the 2022-2023 Antarctica season. After being delivered to Crystal Cruises from MV Werften in 2021, the luxury expedition ship completed an inaugural Iceland season and a handful of Antarctica cruises before Crystal wound down operations in early 2022.” No price was given or listed. But the story reported: "Sources told Cruise Industry News that multiple cruise lines put in bids for the ship, including brands that were not in the expedition market." Many of the Crystal faithful posting were very happy that Silversea would keep some form of the Endeavor name for the future. Full story at: https://www.cruiseindustrynews.com/cruise-news/27683-silversea-set-to-acquire-crystal-endeavor.html THANKS! Enjoy! Terry in Ohio Norway Coast/Fjords/Arctic Circle cruise from Copenhagen, July 2010, to the top of Europe. Scenic visuals with key tips. Live/blog at 244,444 views. www.boards.cruisecritic.com/showthread.php?t=1227923 1 Link to comment Share on other sites More sharing options...
cruiseej Posted June 14, 2022 #5 Share Posted June 14, 2022 (edited) Here's a link to a brief news story about it. [Edit: Terry beat me with the link.] https://www.cruiseindustrynews.com/cruise-news/27683-silversea-set-to-acquire-crystal-endeavor.html No price is mentioned, but it does say Silversea outbid several other cruise lines why tried to acquire the ship. It's not too surprising that this brand new ship is the first Crystal asset to be sold. Perhaps it's a little surprising that Manfredi Lefebvre D'Ovidio, who built Silversea before selling it, didn't emerge with the ship. He has offered to buy all or part of Crystal through his Heritage Group venture capital firm, which owns 90% of Abercrombie & Kent. Although the Endeavor is a smaller expedition ship, it's the gem among Crystal's otherwise older ships. This also probably dashes hopes some Crystal faithful had of someone buying and reviving the brand intact. Edited June 14, 2022 by cruiseej 1 Link to comment Share on other sites More sharing options...
Hanoverian Posted June 14, 2022 #6 Share Posted June 14, 2022 (edited) And now "Seatrade Cruise News" claims that this may not be a done deal. Or maybe there is some aspect of the deal process that prohibits a public announcement at this particular time. https://www.seatrade-cruise.com/expedition-cruising/silversea-cannot-confirm-if-its-acquiring-crystal-endeavor Edited June 14, 2022 by Hanoverian 1 1 Link to comment Share on other sites More sharing options...
rkacruiser Posted June 14, 2022 #7 Share Posted June 14, 2022 If Silverseas does acquire the Crystal Endeavor, I think it will be a smart business decision. Link to comment Share on other sites More sharing options...
cruiseej Posted June 15, 2022 #8 Share Posted June 15, 2022 1 hour ago, rkacruiser said: If Silverseas does acquire the Crystal Endeavor, I think it will be a smart business decision. If Silversea wants to switch us from the Cloud to the Endeavor for our December Antarctica trip, I'd be fine with that. 😂 2 1 Link to comment Share on other sites More sharing options...
Rare Host Jazzbeau Posted June 15, 2022 #9 Share Posted June 15, 2022 1 hour ago, cruiseej said: If Silversea wants to switch us from the Cloud to the Endeavor for our December Antarctica trip, I'd be fine with that. 😂 My question is how will they market Explorer once Endeavor is in the fleet? Any statistical comparison shows Explorer as an outlier in the Silversea fleet [and NOT in a good way...] Link to comment Share on other sites More sharing options...
Stumblefoot Posted June 15, 2022 #10 Share Posted June 15, 2022 1 hour ago, Host Jazzbeau said: My question is how will they market Explorer once Endeavor is in the fleet? Explorer has already been sold to the founder of Ponant and his new company. The sale was announced in January. 1 Link to comment Share on other sites More sharing options...
Rare Host Jazzbeau Posted June 15, 2022 #11 Share Posted June 15, 2022 1 hour ago, Stumblefoot said: Explorer has already been sold to the founder of Ponant and his new company. The sale was announced in January. They're still offering cruises on Silver Explorer through Nov. 2023??? https://www.silversea.com/destinations/cruises-south-pacific-islands/papeete-tahiti-to-valparaiso-e1231027023.html Link to comment Share on other sites More sharing options...
Cruise Wonderland Posted June 15, 2022 #12 Share Posted June 15, 2022 29 minutes ago, Host Jazzbeau said: They're still offering cruises on Silver Explorer through Nov. 2023??? https://www.silversea.com/destinations/cruises-south-pacific-islands/papeete-tahiti-to-valparaiso-e1231027023.html See comment 6 in the below thread Link to comment Share on other sites More sharing options...
Rare Host Jazzbeau Posted June 15, 2022 #13 Share Posted June 15, 2022 1 hour ago, Cruise Wonderland said: See comment 6 in the below thread Thanks! Link to comment Share on other sites More sharing options...
Rare Stickman1990 Posted June 28, 2022 #14 Share Posted June 28, 2022 Did anyone see a fat lady singing? Perhaps it’s not a done deal after all?https://www.seatrade-cruise.com/finance/ritz-carlton-and-crystal-cruises-still-interested-crystal-endeavor? 1 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted June 28, 2022 #15 Share Posted June 28, 2022 1 hour ago, Stickman1990 said: Did anyone see a fat lady singing? Perhaps it’s not a done deal after all?https://www.seatrade-cruise.com/finance/ritz-carlton-and-crystal-cruises-still-interested-crystal-endeavor? Interesting article and update!! That's big money being discussed as a potential selling price for this expedition ship. Does the former Silversea owner really have that kind of serious money to spend and invest? To buy it and operate this ship? THANKS for sharing! Enjoy! Terry in Ohio Link to comment Share on other sites More sharing options...
Stumblefoot Posted June 28, 2022 #16 Share Posted June 28, 2022 4 hours ago, Stickman1990 said: Did anyone see a fat lady singing? Perhaps it’s not a done deal after all? How 'bout that! There's a reason why early reports went unconfirmed by Silversea and RCL. They knew the rest of the story. 1 Link to comment Share on other sites More sharing options...
Rare WesW Posted June 29, 2022 #17 Share Posted June 29, 2022 Yes, not a done deal--yet. Hope Silversea wins the bidding war. 1 Link to comment Share on other sites More sharing options...
Rare RachelG Posted June 30, 2022 #18 Share Posted June 30, 2022 Really hope Silversea acquires Endeavor. Beautiful ship and would be a huge asset. Link to comment Share on other sites More sharing options...
Rare Host Jazzbeau Posted June 30, 2022 #19 Share Posted June 30, 2022 I have a feeling that the bidding war has now passed their budget. Apparently Ritz Carlton is offering the outrageous sum it cost to build this [over-built] ship. Link to comment Share on other sites More sharing options...
Rare Stickman1990 Posted June 30, 2022 #20 Share Posted June 30, 2022 17 minutes ago, Host Jazzbeau said: Apparently Ritz Carlton is offering the outrageous sum it cost to build this [over-built] ship. They’re mad if they are - over capitalised and it’s “as is where is” as there’s no shipyard to go back to for faults Link to comment Share on other sites More sharing options...
Mr Luxury Posted June 30, 2022 Author #21 Share Posted June 30, 2022 6 hours ago, Stickman1990 said: They’re mad if they are - over capitalised and it’s “as is where is” as there’s no shipyard to go back to for faults I wouldn't buy a car without a warranty let alone a ship. 3 Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted June 30, 2022 #22 Share Posted June 30, 2022 4 hours ago, Mr Luxury said: I wouldn't buy a car without a warranty let alone a ship. Great, above funny, honest line/comment!! Given yesterday's huge slide in stock market values assigned to the three major cruise lines, economic "REALITIES" need to be considered when bidding on such "used" ships. The financial "laws" cannot be ignored as to what certain assets might be worth. Or, not!! Be interesting to see what finally happens. But, with a looming recession coming later this year, even rich folks/companies need to be careful as to what they buy and how they make the financial numbers work for capital and operating purposes. THANKS! Enjoy! Terry in Ohio 2 Link to comment Share on other sites More sharing options...
Rare highplanesdrifters Posted June 30, 2022 #23 Share Posted June 30, 2022 (edited) 11 hours ago, Host Jazzbeau said: I have a feeling that the bidding war has now passed their budget. Apparently Ritz Carlton is offering the outrageous sum it cost to build this [over-built] ship. Perhaps the used Luxury Ship market is going the way of the used car market.😃 Edited June 30, 2022 by highplanesdrifters Sp 1 1 Link to comment Share on other sites More sharing options...
Mr Luxury Posted June 30, 2022 Author #24 Share Posted June 30, 2022 3 hours ago, TLCOhio said: Great, above funny, honest line/comment!! Given yesterday's huge slide in stock market values assigned to the three major cruise lines, economic "REALITIES" need to be considered when bidding on such "used" ships. The financial "laws" cannot be ignored as to what certain assets might be worth. Or, not!! Be interesting to see what finally happens. But, with a looming recession coming later this year, even rich folks/companies need to be careful as to what they buy and how they make the financial numbers work for capital and operating purposes. THANKS! Enjoy! Terry in Ohio Hi Terry, I have had a lengthy discussion with my TA today. He tells me that bookings are strong in the UK for luxury cruises and he has never been busier.An interesting point that he made was that cruise lines have only had about six months to fill ships after covid instead of the usual eighteen months. Let us hope that a deep recession will not overtake the situation and slow down bookings. Link to comment Share on other sites More sharing options...
Rare TLCOhio Posted June 30, 2022 #25 Share Posted June 30, 2022 34 minutes ago, Mr Luxury said: Hi Terry, I have had a lengthy discussion with my TA today. He tells me that bookings are strong in the UK for luxury cruises and he has never been busier. An interesting point that he made was that cruise lines have only had about six months to fill ships after covid instead of the usual eighteen months. Let us hope that a deep recession will not overtake the situation and slow down bookings. Great information and update. Appreciate these comments and follow-ups from the important UK. Yes, we can hope for the better times ahead, but today in U.S., per an Associated Press poll in the Washington Post, 85% view our nation as headed in the wrong direction and nearly 80% view the economy as "poor". Not a great vote of confidence for the future. Just talked earlier this week with a long-time, good friend in New York City who has been plugged in with the various, high-level financial types there in that NY-NJ region for decades. He is seeing lots of travel and spending, now, this summer, as people recover from two years of being cooped up and shutdown. BUT, coming in September is when things, he believes, really "hit the fan" as per the looming recession, financial tightening, etc. Lots of "storm clouds" and "choppy waters" are lurking. That will have its serious impacts on the cruise business and other related fields. He provided me with more specifics and many details to back up his future, sad prediction. We can all hope and wish, but we need to be prepared for future realities. What goes up, sometimes goes down? THANKS! Enjoy! Terry in Ohio Norway Coast/Fjords/Arctic Circle cruise from Copenhagen, July 2010, to the top of Europe. Scenic visuals with key tips. Live/blog at 244,543 views. www.boards.cruisecritic.com/showthread.php?t=1227923 1 1 Link to comment Share on other sites More sharing options...
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