Norwegian expedition cruise line Hurtigruten is building a new line of expedition ships using hybrid technology that will, for the first time ever, allow fully electric propulsion on a passenger cruise ship. The previously announced ships, two in total, will be constructed at Kleven Yards in Norway and are designed expedition cruises to the Arctic and Antarctic. The design … [Read more...]
Hurtigruten Attracts Private Equity
Norwegian cruise operator Hurtigruten ASA has attracted interest from buyout firms EQT Partners AB, Bain Capital and TPG, according to people familiar with the situation. The company’s owner, TDR Capital, is working with Goldman Sachs Group Inc. and ABG Sundal Collier Holding ASA to find a buyer, the people said, asking not to be named as the talks are private. The … [Read more...]
Norwegian Cruise Operator Hurtigruten Seeking Buyer
By Sarah Syed and Kiel Porter (Bloomberg) -- Norwegian cruise operator Hurtigruten ASA has attracted interest from buyout firms EQT Partners AB, Bain Capital and TPG, according to people familiar with the situation. The company’s owner, TDR Capital, is working with Goldman Sachs Group Inc. and ABG Sundal Collier Holding ASA to find a buyer, the people said, asking not to … [Read more...]