• Home
  • News
  • World’s oldest cruise ship sold for recycling - TradeWinds
  • 2023 January 31 17:16

    World’s oldest cruise ship sold for recycling - TradeWinds

    Brokers report that the 16,144-gt Astoria (built 1948) has been sold for recycling at a European Union-approved facility for an undisclosed sum by Puerto Rico-based The Roundtable LLC., according to TradeWinds.

    The sale brings to a close one of the most colourful careers of any ship, one that began in the dark days of World War II, when Swedish American Line ordered a passenger ship at AB Gotaverken in 1944.

    Built with an ice-strengthened bow for year-round transatlantic liner service, the ship, as Stockholm, sailed on its first voyage in February 1948, becoming the world’s first post-war passenger ship newbuilding.

    Small in comparison with other passenger ships engaged in the transatlantic trade, the Stockholm would have had an unremarkable career had it not slammed into the flagship of the Italian government’s passenger fleet, the 29,000-gt Andrea Doria (built 1953), on a foggy night off New York in July 1956.

    The Andrea Doria sank. The Stockholm survived with a crumpled bow. The collision cost the lives of 51 passengers and crew from both ships.

    Swedish American Line sold the Stockholm to East Germany’s VEB Deutsche Seereederei in 1960.

    Renamed Volkerfreundschaft, it was converted into a cruise ship for the Communist Party and trade union members.

    This career lasted until 1985, with the Swedish connection maintained via frequent charters to Stena Line.

    The Volkerfreundschaft was sold in 1985 to Neptunus Rex Enterprises, a Panamanian-registered company that chartered it to the Norwegian government, which used it as a barracks ship in Oslo for asylum seekers. During this time the ship was named after the Norwegian explorer Fridtjof Nansen.

    Italy’s Starlauro was the next owner, acquiring it in 1989 with the intention of rebuilding it for further use as the cruise ship Sorrento. The ship was sold to Nina di Navigazione before any work was done, and soon it was moved to a shipyard where it was completely gutted and rebuilt into the Italia Prima, a modern cruise ship capable of carrying 580 passengers.

    Nina mostly put the Italia Prima out on charter to other cruise operators, as did next owner Classic International Cruises, for which it sailed as Athena.

    Next, the ship was sold to Portuguese start-up Portuscale Cruises, which renamed it Azores and put it out under charter.

    UK-based Cruise & Maritime Voyages (CMV) was one of those charterers. It renamed the ship Astoria and continued to charter it from mortgage holder Montepio Bank after Portuscale collapsed in 2015.

    CMV entered administration in 2020, leading to the Astoria being seized by the UK Maritime & Coastguard Agency.

    Montepio stepped in to reclaim the vessel, moving it to Rotterdam, where attempts were made to find a buyer.

    Cryptocurrency billionaire Brock Pierce acquired the Astoria in mid-2021 with the intention of using it as a cruise ship.

    TradeWinds understands that Pierce lost interest in the ship after determining that the cost of returning it to service was economically unfeasible, given its advanced age.

2023 March 20

12:37 FESCO launches intermodal route from Moscow to Kaliningrad via Saint-Petersburg
12:13 CNC launches a new service connecting Thailand, China and Cambodia
11:28 Dredging in Volga-Don Basin totaled 587 thousand cbm in 2022
11:23 Equinor welcomes OKEA as new partner in the Statfjord area
10:55 Report on condition of the port of Mariupol given to Vladimir Putin
10:41 Yara Marine’s FuelOpt demonstrates significant fuel savings
10:32 Vladimir Putin signs law on creation of a special economic zone on the Kurils
09:59 Nizhny Novgorod based R-Flot laid down multifunctional dredger of Project 2040
09:50 AD Ports Group signs a 30-year сoncession agreement to develop and operate Safaga Port in Egypt
09:13 NOVATEK BoD recommended to approve dividend payments of RR 105.58 per ordinary share

2023 March 19

16:07 Hydrogen Europe signs MoU with EURAMET to cooperate on hydrogen studies
14:41 Port of Los Angeles moves 487,846 container units in February as global trade flows
13:08 ValenciaportPCS updates the tool to optimize available spaces at the Border Control Post (BCP)
12:37 LR AiP for Rotoboost’s pre-combustion carbon capture system
11:54 FEPORT welcomes 2023 amendment of the General Block Exemption Regulation and reiterates the need for AFIR to be consistent
11:03 Vattenfall selects Norfolk Norfolk Offshore Wind Zone O&M Base
10:36 ABS and leading Korean players take aim at Scope 3 emissions methodologies
09:17 DP World to launch new air cargo logistics hub in Dominican Republic’s Punta Cana

2023 March 18

15:11 Maersk launches API-integrated reefer solution with shareable datalog
13:04 “K” LINE awarded CDP’s “Supplier Engagement Leader”
11:51 ​​OOCL announces GEX1 service
10:13 ClassNK grants Innovation Endorsement for Products & Solutions to HermAce developed by FURUNO

2023 March 17

18:03 LR awarded AiP for Rotoboost’s pre-combustion carbon capture system
17:49 IAA PortNews’ summary of past week news
17:35 Meyer Werft shipyard and Royal Caribbean Group develop a completely new fuel cell system tailored to the maritime sector
17:01 TransContainer consiers it reasonable to use gondola cars in container logistics only on routes going to the Far East
16:35 Iberdrola and Haizea Wind Group sign €200 million framework agreement for East Anglia Three
15:54 ITF targets four worst flags in bid to scrap unsafe shipping from Mediterranean Sea
15:24 Fujairah bunker sales drop to lowest in at least two years in February 2023 - Ship & Bunker
15:02 WaterstofNet and Cluster Tweed launch the Belgian Hydrogen Council
14:25 South Korea petrochemical makers, refiners turn to North African naphtha to replace Russian supplies - S&P Global Commodity Insights
14:23 Vladimir Putin compared the North-South ITC to the Suez Canal, the Bosporus and the Dardanelles straits
14:02 DNV embarks on multi-year project to support KEPCO's plan to bring zero-carbon offshore wind power to South Korea
13:44 Russian Railways’ cargo transportation by North-South corridor in February 2023 doubled YoY
13:32 ABS highlights transformational CII potential of biofuels today
13:12 European shipowners welcome the EU’s proposed Net-Zero Industry Act
12:40 Jan De Nul kicks off Gode Wind 3 and Borkum Riffgrund 3
12:25 IAA PortNews to issue its analytical report “Shipbuilding in Russia”
12:11 Matson to convert the main engine aboard its container ship to a dual-fuel ME-GI unit
11:36 MOL purchases 32,000-ton luxury cruise ship from Seabourn Cruise Line
11:12 FESCO launches direct Deep Sea service from ports of China to Saint-Petersburg
10:38 Grain deal extended for 60 days – RF Ministry of Foreign Affairs
10:20 Jumbo-SAL-Alliance commences Basrah Refinery Upgrading Project shipments for JGC Corporation
09:53 Port of Los Angeles signs agreements with Tokyo and Yokohama ports to establish Green Shipping Corridor
09:29 Insurance problems can be solved with the use of the Northern Sea Route — expert

2023 March 16

18:37 Leading digitalization and network technology providers sign MoU for research program
18:17 Support block of the “Azeri-Central-East” platform dispatched to sea on “STB-1” barge
18:00 Experts name alternatives to foreign insurance and reinsurance in maritime market
17:42 Strikes at French refineries and LNG terminals are in week two
17:19 BIMCO sees 24% drop in scrubber installations in 2022
17:02 Naming and delivery of two the world’s largest container vessels completed on same day
16:49 Rem Offshore announces multiple contracts for PSV’s
16:31 Additional insurance premiums in the Black Sea and Sea of Azov reach 5% of a vessel cost
16:24 IndianOil to consolidate green assets
15:27 MABUX: Bunker Weekly Outlook, Week 11, 2023
15:06 Kaztransoil shipped 325.9 thousand tonnes of export oil from Aktau to Makhachkala
14:44 California and Japan to collaborate on clean ports and shipping
14:23 Ports of Stockholm plans to establish a node for captured carbon dioxide at Stockholm Norvik Port
13:58 TORM purchases three fuel-efficient MR product tankers in a partly share-based transaction
13:40 The export of cargo in containers through the KTZ network increased by 30% last year