KÖLN-DÜSSELDORFER Deutsche Rheinschiffahrt AG: KD is once again operating as a river cruise operator
(firmenpresse) - KÖLN-DÜSSELDORFER Deutsche Rheinschiffahrt AG / Key word(s): Travel/
KÖLN-DÜSSELDORFER Deutsche Rheinschiffahrt AG: KD is once again
operating as a river cruise operator
DGAP-Media / 20.06.2012 / 12:30
---------------------------------------------------------------------
'We are back!'
KD is once again operating as a river cruise operator
Following a legal dispute with Viking Flusskreuzfahrten GmbH which lasted
four years, the verdict of the Higher Regional Court Cologne of June 15 has
enabled Köln-Düsseldorfer Deutsche Rheinschiffahrt AG to return to the
cruise business. After a total of 12 years' enforced abstinence, KD may
now, with immediate effect, once again function as a cruise operator. 'This
judgment is a great success for KD and will have a long-term positive
influence on the future of our company. As the originator of river cruises
we still have the necessary professional know-how and will use our
international renown to good effect,' said a happy Norbert Schmitz, a
member of the KD Managing Board, after the judgment had been announced.
The success story of the river cruises began in 1960. With MS Europa,
Köln-Düsseldorfer Deutsche Rheinschiffahrt AG constructed the first cabin
ship at the Christof Ruthof shipyard in Mainz. Back then MS Europa, with
its 75 double cabins, was used on the Basel - Rotterdam route and on the
Moselle. The commissioning of this first cabin vessel heralded a new era in
river shipping which was started by KD, meaning that we can rightly be
called the inventor of river cruisers. Following the successes on the
Rhine, Main, Moselle and Danube, KD turned its hand to pioneering work on
the Elbe by developing two low-draft ships - MS Clara Schumann und MS
Theodor Fontane - especially for use there. They were employed immediately
after German reunification in 1991. In total KD placed 12 river cruise
ships in service and was for decades the market leader on European rivers.
Because the company was split in 2000 by the main shareholder at the time,
WestLB, Köln-Düsseldorfer Deutsche Rheinschiffahrt AG was forced to sell
its river cruise division together with all the cabin ships. KD then
concentrated on day trips on its ships. In the course of its further
development KD has reorganised itself and upgraded the market by, among
other things, commissioning the most modern event catamaran in Europe, MS
RheinEnergie. Last year the modern event fleet was complemented by MS
RheinFantasie.
When and in what form KD will re-enter the cruise business will be
announced to the general public shortly.
Cologne, 15.06.2012
End of Media Release
---------------------------------------------------------------------
20.06.2012 Dissemination of a Press Release, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: KÖLN-DÜSSELDORFER Deutsche Rheinschiffahrt AG
Frankenwerft 35
50667 Köln
Germany
Phone: 0221-2088-400
Fax: 0221-2088-213
E-mail: klaus.hadeler(at)k-d.com
Internet: www.k-d.com
ISIN: DE0008286006, DE0008286006
WKN: 828600, 828600
Listed: Regulierter Markt in Düsseldorf; Freiverkehr in Berlin;
Open Market in Frankfurt
End of News DGAP-Media
---------------------------------------------------------------------
174742 20.06.2012
Themen in dieser Pressemitteilung:
koeln
duesseldorfer-deutsche-rheinschiffahrt-ag-kd-is-once-again-operating-as-a-river-cruise-operator
Unternehmensinformation / Kurzprofil:
Datum: 20.06.2012 - 12:30 Uhr
Sprache: Deutsch
News-ID 158113
Anzahl Zeichen: 2869
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 382 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"KÖLN-DÜSSELDORFER Deutsche Rheinschiffahrt AG: KD is once again operating as a river cruise operator"
steht unter der journalistisch-redaktionellen Verantwortung von
KÖLN-DÜSSELDORFER Deutsche Rheinschiffahrt AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
