Skip to content
  • Home
  • Search
  • Expedition Report
  • River Report
  • Orderbook
  • Research
  • About Us
  • Email News
  • Advertise
  • Store
  • Contact
  • Home
  • Search
  • Expedition Report
  • River Report
  • Orderbook
  • Research
  • About Us
  • Email News
  • Advertise
  • Store
  • Contact
Twitter Facebook Linkedin
cin header 2025
Cruise Industry News Logo
  • Home
  • Cruise News
    • Cruise News Index
    • Email Alerts | E-Newsletter
    • Cruise Ship Orderbook
    • Ship Sales and Transfers
    • Search
    • Trade Shows and Events
    • PDF Resources
    • Historical Data
  • Quarterly Magazine
    • Quarterly Magazine
    • Feature Magazine Articles
    • Subscribe
  • 2026 Annual Report
    • 2026 Annual Report
    • River Report
    • Full Product Package
  • 2026 Executive Guide
    • 2026 Executive Guide
  • Digital Reports
    • Euro River Market Report
    • Global Cruise Ship Index
    • Expedition Market Report
    • Riverboat Index
    • Secondhand Market
    • Luxury Market Report
    • Drydocking and Refurb
    • Orderbook Capacity Data
    • China Market Report
    • Full Product Package
  • SUBSCRIBE
  • Home
  • Cruise News
    • Cruise News Index
    • Email Alerts | E-Newsletter
    • Cruise Ship Orderbook
    • Ship Sales and Transfers
    • Search
    • Trade Shows and Events
    • PDF Resources
    • Historical Data
  • Quarterly Magazine
    • Quarterly Magazine
    • Feature Magazine Articles
    • Subscribe
  • 2026 Annual Report
    • 2026 Annual Report
    • River Report
    • Full Product Package
  • 2026 Executive Guide
    • 2026 Executive Guide
  • Digital Reports
    • Euro River Market Report
    • Global Cruise Ship Index
    • Expedition Market Report
    • Riverboat Index
    • Secondhand Market
    • Luxury Market Report
    • Drydocking and Refurb
    • Orderbook Capacity Data
    • China Market Report
    • Full Product Package
  • SUBSCRIBE

Expanding Business

  • July 2, 2002

We are steadily pursuing our strategy to make the company more international,” said George Michaelides, general manager of marketing at Louis Cruise Lines (LCL). “Our goal is to have a closer relationship with tour operators,” Michaelides added. Thus, LCL is chartering two ships to Thomson Cruises, including its latest acquisition, the former Nieuw Amsterdam, which is on a long-term charter to the British tour operator as the Thomson Spirit. The company also charters the Emerald from LCL, which handles all ship operations, catering, and crewing.

The EmeraldIn addition, LCL is expanding into new business areas and operates the dutyfree shops aboard Festival Cruises’ ships.

“Despite all the problems in the world, we are following our plan step by step,” Michaelides said.

“We are also upgrading our fleet; the purchase of the Nieuw Amsterdam is proof of our efforts.”
LCL acquired the 1983-built, 1,254- passenger ship in a 10-year bareboat/hire agreement valued at $65 million.

Meanwhile, in the short term LCL is missing Israel on its summer sailing program out of Cyprus. “People want to go to the Holy Land, and to see the pyramids,” Michaelides said. “Last year we had two ships sailing to Israel and Egypt. This summer we only have one ship sailing to Egypt.”

LCL has three ships altogether sailing out of Cyprus: the Princessa Marissa sails two- and three-day cruises to Egypt; while the Ausonia and the Calypso sail five- and seven-day cruises to the Greek islands along with two-day weekend cruises to Beirut and Rhodes.

Another ship, the Sapphire, sails two- and three-day cruises out of Malta.

“Our business tracks parallel with tourism travel to the islands,” said Michaelides, who explained that Cyprus was seeing a drop in arrivals from various European countries.

George Michaelides general manager of marketing at Louis Cruise Lines

“The numbers are down from last year,” he said. “We are hoping for more late bookings.

“The British typically make their vacation plans for next year in the fall,” Michaelides said. “After 9/11, we know that at least one million Brits who usually go abroad decided to stay home. The same thing happened in Germany. The only ones seemingly not affected are the Russians.

“We see, however, that Greece, Spain and Turkey are experiencing similar drops in arrivals as we are,” Michaelides added.

The downturn is not just caused by the impact of 9/11 and the recent upheaval in the Middle East, according to Michaelides, who also thinks that economic factors are contributing. “When you drop prices dramatically, bookings go up,” he said.

Next year, LCL plans to offer a new program combining a seven-day cruise with a seven-day stay in Cyprus. The cruises will be offered aboard the Ausonia, which Michaelides said was in perfect condition, having recently been upgraded while chartered to First Choice.

According to Michaelides, LCL is also ready to do more outside of its region. “We have the expertise,” he said, referring to the company’s expansion, new business ventures, and experience as a cruise line and ship manager.

Cruise Industry News Email Alerts
 
 

 

  • Cruise News
  • Magazine Subscription
  • Email Newsletter
  • Search
  • Cruise News
  • Magazine Subscription
  • Email Newsletter
  • Search
  1. Cruise Industry News
  2. Cruise News
  3. Expanding Business
EMAIL NEWSLETTER

Get the latest breaking cruise news. Sign up.

CRUISE SHIP ORDERBOOK

84 Ships | 229,384 Berths | $89 Billion | View

Drydock Report
2026 Drydock Report

Highlights:

  • Full Overview
  • Record Refit Year
  • 26-27-28 Schedule
  • PDF Download
  • Order Today
2026 Executive Guide
2026 Executive Guide

Highlights:

  • All Brands
  • Decision Makers
  • Contact Info
  • Brand Background 
  • Instant Download
  • Order Today
Cruise Industry News
  • Advertising
  • About
  • Contact
Online News
  • Cruise News
  • Feature Magazine Articles
  • Orderbook
  • Events
Publications
  • Quarterly Magazine
  • Annual Report
  • Email Newsletter
  • Executive Guide
  • Digital Reports
Connect
  • Search
  • Facebook
  • Twitter
  • LinkedIn
© Cruise Industry News 1996-2026. All Rights Reserved.
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT