ACL acquires American Queen Voyages river fleet

(GUILFORD, Conn.) — American Cruise Lines (ACL) has purchased four American Queen Voyages riverboats plus other assets, according to a bankruptcy court filing reported by Cruise Industry News.

“American Cruise Lines is pleased to be the successful bidder for AQV’s river vessels. We look forward to announcing additional details after this portion of the Hornblower Holdings bankruptcy process concludes,” the company said in a prepared statement.

Sale prices:

• American Queen: $2,150,000
• American Empress: $1,600,000
• American Countess: $1,600,000
• American Duchess: $200,000
• Other related assets, including trademarks associated with American Queen Voyages, website domain names associated with AQV, and certain business records: $750,000.

American Queen Voyages ceased operations on Feb. 20. Hornblower Group, the former cruise line’s parent company, filed for bankruptcy soon afterward.

An auction was held for the assets, including the coastal vessels, following American Queen’s bankruptcy, with ACL emerging as the winner of the river fleet. It is unknown who emerged as the buyer of the two coastal ships in the company’s fleet, Ocean Navigator and Ocean Voyager.

 

 

By Professional Mariner Staff