Cruise West terminated the 120-passenger Spirit of Oceanus’s 335-day world cruise Wednesday night in Newfoundland, Canada, calling it the first move in its restructuring.

It was the first official statement that Cruise West has released since its outgoing phone message indicated that the company was undergoing a restructuring. Cruise West gave very few details.

"Cruise West, a global leader in small-ship explorations, today announced that they continue to work towards a restructuring of the company and its operations," the company said.

"The first move in this restructuring is the termination of the Spirit of Oceanus' Voyage of the Great Explorers. Additional assets may be sold and other steps are being pursued towards a restructure. As part of this process, Cruise West has suspended accepting any new bookings."

The statement did not indicate whether the Oceanus was sold or where the ship was going. Follow-up questions were not answered.

According to CruiseWest's website, yesterday was the second day of a 15-night itinerary in Quebec.

The statement also said that Cruise West plans to continue to operate other ships and itineraries through October 2010.

"The Spirit of Endeavour will sail from Seattle on the British Columbia cruise and the Spirit of '98 from Portland, or along the Columbia and Snake rivers. Cruise West will also complete cruises or land tours already under way in Alaska."

Cruise West recommended several steps for passengers booked on the Oceanus that had not traveled, including filing a claim with the insurer if the trip was insured, making a claim with the credit card issuer if the trip was charged, and sending an email to [email protected] if customers paid for the cruise by cash or check.


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