Celebrity Century sold to Chinese travel company
09/02/2014 7:49 PM
09/02/2014 7:50 PM
Royal Caribbean Cruises Ltd. said Tuesday that it has agreed to sell the 1,814-passenger Celebrity Century to a Chinese travel company.
The Miami-based cruise company did not say how much it would sell the ship for, but said the sale will result in a non-cash loss of about $20 million. The buyer is Exquisite Marine, an affiliate of Ctrip.com International.
Launched in 1995, the ship will continue to sail for Celebrity Cruises until April of 2015.
A press release from Ctrip said the ship will be renovated to appeal to the Chinese market. The company’s statement said it had entered into a memorandum of understanding with Royal Caribbean to form a joint venture to manage the operations of the ship and “potentially broaden the relationship.”
Join the Discussion
Miami Herald is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.