NYK to Sell Half of Its Cruise Business

   February 5, 2019 ,   Cruise Industry

NYK, that operates one-ship luxury cruise line Asuka Cruises, is selling 50% of its cruise business to the Japanese ship management & investment company Anchor Ship Partners, established in September 2010.

A sales price has not been listed, and the deal is due to close in March 2019 for 50% of Yusen Cruise Co Ltd. shares.

According to Anchor, it plans to procure further funding for cruise operation in order to maintain a high-quality operation aboard the 960-passenger Asuka II.

Asuka 2 cruise ship

Anchor said in a statement that it was a long-term investment and it planned to continue further development of Asuka brand as well as a major refurbishment to the 1990-built vessel. Plans include a new building that would be regarded as “No 1 in the world cruise market.” 

NYK will still be involved in the management of the ship.

Your personal data will be processed and information from your device (cookies, unique identifiers, and other device data) may be stored by, accessed by and shared with third party vendors, or used specifically by this site or app. Some vendors may process your personal data on the basis of legitimate interest, which you can object to by managing your options below. Look for a link at the bottom of this page or in our privacy policy where you can withdraw consent.