Following the cessation of operations by American Queen Voyages, American Cruise Lines has acquired their river vessels, signifying a major shift in the river cruise industry.
- This acquisition, involving four traditional paddle steamers and an expedition ship, comes shortly after AQV’s closure due to pandemic-related setbacks.
- American Cruise Lines expressed satisfaction in securing these assets, with more details anticipated during forthcoming bankruptcy proceedings.
- American Queen Voyages attributed its shutdown to the insurmountable impacts of the COVID-19 pandemic.
- The future utilisation of these vessels remains a focal point for American Cruise Lines as they navigate the acquisition process.
In a significant move within the river cruise industry, American Cruise Lines has announced the acquisition of river vessels previously operated by American Queen Voyages (AQV). This acquisition follows AQV ceasing operations earlier this year, predominantly due to the lasting impacts of the COVID-19 pandemic. The now-defunct cruise line had been unable to recover post-pandemic, as noted in their public statements.
The acquisition encompasses four traditional paddle steamers along with an expedition ship, which were part of AQV’s offerings. This purchase was confirmed by American Cruise Lines, who expressed pleasure in having been the successful bidder for these assets. The company anticipates disclosing further information as they progress through the bankruptcy legalities associated with the acquisition.
According to an American Cruise Lines spokesperson, the acquisition aligns with their strategic interests as they expand their operational capabilities on American rivers. The future deployment of these vessels is keenly awaited in the industry, as American Cruise Lines looks forward to integrating them into their existing fleet.
While the exact plans for these vessels post-acquisition have not been detailed, the acquisition is seen as a strategic expansion move by American Cruise Lines. It highlights the company’s resilience and forward-thinking approach in capitalising on opportunities within a challenging economic climate.
The acquisition marks a pivotal moment in American Cruise Lines’ strategic expansion within the river cruise sector.
