United Kingdom
United States
Asia Pacific
Cruise line files for bankruptcy
Boston based small cruise line Vantage Deluxe World Travel has filed for bankruptcy and selling its business.
It filed for Chapter 11 bankruptcy and has already lined up a buyer – United Travel Pte. Ltd.
United Travel Pte. Ltd.is an affiliate of Nordic Hamburg and Heritage Expeditions.
Vantage laid off its employees earlier this month and postponed all cruises through August 28.
“Vantage has sought customary relief from the court to preserve the status quo pending completion of the sale,” the company said, referring to the bankruptcy filing.
“Vantage has sought approval to complete the sale promptly, subject to any higher and better offers.”
Singapore based United Travel Pte. Ltd. has reportedly agreed to pay $1m for Vantage’s assets and protect customer credits.
The Massachusetts. Attorney General’s Office says it received 1,120 consumer complaints about Vantage since 2020, including 478 complaints filed this year.
The state Consumer Advocacy and Response Division said it had recovered more than $1.2 million in refunds for Vantage customers.
The company’s main market was catering to seniors.
It chartered the Ocean Odyssey and Ocean Explorer ships.
Vantage was founded in 1983.
It incurred losses in 2020 of $29million due to the pandemic.
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Walt Leger on New Orleans’ Resilience and Major Events Ahead
Cindy Mackin Shares Estes Park’s Winter Thrills
Mark Jaronski of Explore Georgia on FIFA World Cup 2026
Connecting Small Businesses to Global Tourism Markets: Nate Huff of Tourism Exchange
North Carolina’s Resilience: Wit Tuttell on Recovery and Tourism
Kittipong Prapattong’s Plan for Thailand’s Tourism Growth: Taxes, Visas, and Campaigns
James Jin: Didatravel’s Journey from China to Global Reach and the Impact of AI on Travel
Darien Schaefer on Pensacola’s Evolution: From Small Town to Global Destination
Florida Tourism’s Next Frontier: Dana Young on Expanding Beyond the Classics
Patrick Harrison on Tampa Bay Tourism’s Resilience and Marketing Strategy
Bubba O’Keefe on Clarksdale’s Vibrant Music Scene
Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee
BA suspending all Heathrow to Abu Dhabi flights
Unexpected wave rocks cruise ship
Report: Cruise guest died after ship lashed in heavy storm
British teen in serious condition after paraglider collision
JetBlue scraps London Gatwick flights