Thursday, September 17, 2009

Ambassadors Sells Queen of the West

Ambassadors International has sold the laid up Queen of the West to Blue Spruce, an affiliate of American Cruise Lines.

Ambassadors has had all their non-Windstar assets for sale, as they focus the business on the Windstar brand. They have also recently completed some restructuring of their debt to better their current cash position.

Queen of the West has 71 staterooms and most recently sailed on 7-night cruises on the Columbia and Snake rivers from Portland, Oregon. The sale price was not disclosed.