CMV Astoria ship auctioned for EUR 10 million

   February 16, 2021 ,   Cruise Industry

The world's oldest operational cruise ship - CMV Astoria (fka Azores), is currently listed for sale. The vessel will be auctioned at a minimum asking price of EUR 10 million, Lloyds's List reports.

The Administrator of Insolvency of "Islands Cruises ‐ Transportes Marítimos Unipessoal", announced the sale, in the modality of “Closed Letter with Proposal”, of the ship arrested in the Insolvency Proceeding, that is on sale in the Judicial Court of District Madeira ‐ Funchal Commerce Court.

CMV Astoria is sold in her physical and legal condition, free from mortgages, encumbrances, maritime liens, or any other debts, with all costs related to the purchase (namely registration) being the responsibility of the buyer.

CMV Astoria cruise ship

After departing Port Tilbury England, the ship was rerouted to Rotterdam Holland, where is currently docked and prohibited from visiting.

The 1948-built cruise ship Astoria (fka "MV Azores") was launched as "MS Stockholm" for Swedish America Line on September 9, 1946. At the time of its launch, this was the largest Swedish passenger vessel (Transatlantic liner) best known for the collision with SS Andrea Doria (in 1956) which resulted in the sinking of the ocean liner.

Astoria last sailed under CMV-Cruise and Maritime Voyages until 2020 when the company suspended operations and declared bankruptcy.