NEW YORK -- Festival Cruises said it cancelled the Feb. 1 sailing
of the European Vision from Santo Domingo, Dominican Republic.
Two other ships, the Mistral and the European Stars, are idled
in Europe.
The line said Tuesday that negotiations regarding refinancing of
three of its ships are continuing.
Festival Cruises markets itself in the U.S. as First European
Cruises.
Jim Applebaum, the president of First European, said "answers
and future direction should be coming shortly."
To contact reporter Rebecca Tobin, send e-mail to [email protected].