Karl WP Beyer February 3, 2022 – A change of ownership is imminent for the Hamburg provider of cruises under sail. According to press reports, Sea Cloud Cruises will be acquired by The Yacht Portfolio. Both companies have signed a corresponding letter of intent. The value of the transaction and the time of the transition are open.
The cruise company Sea Cloud Cruises, founded and operated by Hamburg merchants - motto: "Cruise pleasure meets sailing experience" - is sold. The buyer is the investment company The Yacht Portfolio. This company is already a sponsor of the Ritz-Carlson Yacht Collection and sees growth potential in the luxury cruise sector. The Yacht Portfolio promises itself and its financiers, Oaktree Capital Management, a stronger market position for Sea Cloud Cruises.
Sea Cloud in the Port of Las Palmas
Sea Cloud II in front of Funchal
Sea Cloud Cruises offer cruises on the following three major sailing ships:
- Sea Cloud - 110 meters long - built in 1931 - capacity 64 passengers.
- Sea Cloud II - 117 meters long - built in 2001 - capacity 94 passengers.
- Sea Cloud Spirit - 138 meters length - Launch 2021 - 136 passengers.
If the opportunity is given, sailing will take place. The fact is: The company location Hamburg persists. The employees will continue to be employed. Destinations and charter agreements remain unaffected by the takeover.
Booking options Sea Cloud Cruises
