Enterprises announces that the company has placed a down payment to acquire a 27000 tonnage 600 feet long Oceanliner Cruise Vessel.
This magnificent Cruise ship has luxury accommodations, large public spaces with 650 seats dining room, Bistro, Disco, 5000 Sq Feet Casino, Main Show Lounge, and seven bars to accommodate 1200 passengers and 600 crew members. This vessel will be used to fulfill the obligations of a signed charter agreement with Yeosu Expo 2012 in Korea for four months. This charter alone will bring to the company gross revenue of $10,340,000 USD and on board revenue of an additional $3,000,000 USD in the four months alone. The management team is diligently working on additional cruise development in South America and the Caribbean to follow the obligations in Yeosu Korea. PV Enterprises has completed the reverse merger into ALAS and is moving forward to build a dynamic global shipping company.
Peter Villiotis, Chairman, stated, “This is a first step and a major step in creating a global shipping company that has been promised to our investors. The management team is presently working on several more acquisitions and we look forward to sharing this information with our shareholders as soon as documents are signed.”
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World Maritime News Staff, January 18, 2012; Image: Yeosu Expo 2012