U.K.-based Cruise & Maritime Voyages (CMV) has ceased
operations after the cruise line failed to secure funding.
Financial firm Duff & Phelps was appointed administrator
for the cruise line, according to CMV’s website.
CMV sourced mainly British passengers and operated six cruise
ships: the Columbus, Vasco da Gama, Astoria, Astor, Marco Polo and Magellan.
The Astoria was marketed as the world’s oldest operating cruise ship: It entered
service as a liner in 1948 and was completely rebuilt in 1994. The Marco Polo
was built in 1965.
The Columbus is the former Star Princess, the Vasco da Gama
is the former Statendam, and the Magellan is the former Carnival Holiday.
CMV had been planning to acquire two P&O Australia ships
in 2021, the Pacific Dawn and the Pacific Aria.
CMV is the second cruise line to file for bankruptcy during the
Covid-19 pandemic. Spanish cruise line Pullmantur filed for insolvency in June.