Swan Hellenic acquires new ship from Finnish shipyard

Swan Hellenic acquires new ship from Finnish shipyard

The ship will start operating in the Arctic from 20 July 2022

Swan Hellenic has successfully acquired its soon-to-launch Vega ship from Helsinki Shipyard after the original buyer was sanctioned and failed to take delivery of the ship.

The 152-passenger vessel was going to be owned by Russian firm GTLK and chartered to Swan Hellenic but the company defaulted on its payments when it was sanctioned.

As a result, the shipyard exercised its right to sell the ship by tender. The auction ended last week, and after bids were analysed, Swan Hellenic was declared the winner.

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Vega will be delivered to Swan Hellenic “as soon as all the registry formalities in The Bahamas have been completed”, the line said.

Chief executive Andrea Zito said: “We’re happy to have secured Vega, a Polar Class PC5 vessel with state-of-the-art ship technology and sustainability that will enter service as planned in July.

“We look forward to welcoming our guests on board Vega to experience our cultural expedition cruises in sophisticated elegance, commencing on 20 July from Tromsø, Norway.”

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