One Ocean Expeditions Restructuring after Vessel Withdrawals

first_imgMonths after Russian owners withdrew their ships that were chartered by Canada-based expedition cruise operator One Ocean Expeditions, the company announced it had entered into a restructuring procedure.Andrew Prossin, the company’s founder and CEO said in a statement on October 29 that the “sudden withdrawal” of vessels Akademik Ioffe and Akademik Sergey Vavilov caused a series of complex circumstances that the company is addressing.The CEO’s statement did not contain information on how passenger bookings would be affected or whether eventual refunds would be available.“The withdrawal of these ships was an unexpected and destabilizing event, and the violation of our contract remains the subject of ongoing legal action,” Prossin said.“We deeply regret the inconvenience caused to passengers and our long-standing partners and we remain focused on doing everything possible to move our company forward.“The last few days have been quite eventful but please be patient for a few days as we work to restructure our business. We will be in touch as soon as possible regarding our future plans and operations.”The only ship remaining in the company’s fleet is the RCGS Resolute, an ice-strengthened ship that was acquired in 2017.In August this year, the ship was briefly arrested in Iqaluit after Nova Scotia-based company Atship Services filed a claim that it was owed nearly CAD 100,00 by the ship’s owner.last_img read more

Russia opens doors to St Lucians

first_imgNewsRegional Russia opens doors to St Lucians by: – March 9, 2011 62 Views   no discussions Share Share Tweetcenter_img St Lucians have been told to expect some academic benefits, in the field of science and technology, as their government enhances diplomatic relations with Russia. The two have signed a Protocol of Intentions which will, among other things, provide a number of state scholarships at Russian universities and territory institutions.“This protocol of intention allows us to move in the multilateral arena and to hold discussions in terms of improving our bilateral relations,” Minister of External Affairs, International Trade and Investment Rufus Bousquet said. “Of course it also includes a clause which allows us to put high level experts to hold discussions on matters of mutual interest…We understand that Russia has a very strong academic record in the areas of engineering and I am sure that there will be many St Lucians who would like to take advantage of that expertise.” Russia’s Ambassador designate to St Lucia, Victor Zotin, said that the island’s tourism industry will also receive assistance as his government’s is willing to collaborate to boost tourist arrivals from his country.“I hope very much that the other steps will follow this document and we shall develop a relationship between our two states. We are interested in developing all round relations with your country: education, investments and tourism which is very important for your country. I hope very much that more and more Russians will come to your beautiful island of St Lucia,” Ambassador Zotin said. The two countries formally established diplomatic relations in 1979, soon after the country gained political independence from Great Britain.Source: Caribbean 360 Sharing is caring! Sharelast_img read more