BELEAGUERED expedition cruise line One Ocean Expeditions (OOE) is purported to be attempting a comeback with a new ship. Managing Director Andrew Prossin admitted in a court filing in British Columbia he is negotiating to finance a new ship, and is also talking to other expedition operators about their excess...
BELEAGUERED expedition cruise line One Ocean Expeditions (OOE) is purported to be attempting a comeback with a new ship.
Managing Director Andrew Prossin admitted in a court filing in British Columbia he is negotiating to finance a new ship, and is also talking to other expedition operators about their excess and unneeded capacity.
OOE saw its ship, the RCGS Resolute (pictured), arrested in Buenos Aires over the northern winter, due to money owed, with the cruise line’s operations being suspended.
Prossin later detailed the cruise line’s challenges in a May court filing following bankruptcy the previous month, but the OOE head is now working to collect a C$19 million judgement against Terragelida, the company OOE had chartered two Russian ships from.
The company has also collected an insurance payment, and is looking to reclaim over C$3 million in its assets currently stuck aboard Resolute, which was sold at auction last week, purportedly for just $US600,000.
“If successful, this would give One Ocean direct partial ownership of its own vessel and eliminate the uncertainty and risk inherent in a vessel charter arrangement,” Prossin said.
