DEERFIELD BEACH, Fla. -- Plans to operate the former Premier
Cruises ship Rembrandt as a time-share vessel have been permanently
Delivery of the ship to EXA International, which was to sell
time-share cabins on the ship under its Cruiseshare program, was
scheduled for May.
But EXA terminated the deal with Rembrandt owner Credit
Suisse/First Boston, forfeiting its deposit on the ship.
According to EXA president Steve Priskie, the Rembrandt, which
formerly sailed as the Holland America Line flagship Rotterdam V,
might not comply with safety and health inspections in 2010.
"We didn't want to spend millions of dollars on [a ship] that
didn't have potential years from now," Priskie said.
EXA is looking at other ships for its Cruiseshare program, a