October 22, 2020

Greek ship-owner Marios Iliopoulos of Seajets has acquired four cruise ships in the last three months. (the man in the middle of the picture)

According to experienced market executives, it is estimated that the ships’ pre-corona value was $500 million. They were purchased about $7.5 million each.

The market excludes the possibility for Mr. Iliopoulos to form a cruise company. These ships will either be chartered to other cruise companies or sold at 2019 prices.

Ships: QUEEN OF THE OCEANS (2000, Wikipedia), AEGEAN MAJESTY (1996, Wikipedia) and AEGEAN MYTH (1993, Wikipedia), PACIFIC ARIA (1994, Wikipedia).