Crown Current

CrownCurrent is a new cruise company and ship builder. It was founded on January 19, 2013, by the countries of Riyadh Islamic Federation and New Holland. It is slated to start its inaugural cruise in May 2013, in the Mediterranean.

History
The company was founded in 1967 to serve as an alternative to the government monopoly on ferry transport in New Holland and Mirani. It originally operated services from its Seddon terminal to various destinations in the area.

The company purchased its first cruise liner in 1982, the Fairmont. It operated from New Holland, Australia, New Zealand and the Pacific islands. They offered a basic cruise operation around the region. Their business model was an instant success. The popularity of the voyage saw its expansion in 1984. They purchased an additional three ships and began servicing destinations in the Americas, Asia and Europe.

The Seddon Shipbuilding yards were originally opened in 1938. It was used to repair naval ships during the Battle of New Holland and was bombed by a Japanese torpedo, destroying much of the fuel facilities. It was then left vacant after the first operators went bankrupt following the war and facing costly repairs. Crown Current purchased the remaining assets in 1984. The shipyards were used to repair and maintain their fleet from 1984-1986. In 1986 the began the construction of the Longman, the first cruise liner to be constructed in New Holland.

The company launched its regional subsidiaries in early-2013. It also signed a deal with an Abu Dhabi shipyard to supply the company with the construction of the New Holland designed cruise ships. This ended 27 years of shipbuilding in New Holland by Crown Current.

Brands & ships

 * CrownCurrent Arabia -
 * Dubai Class ships: all built by Abu Dhabi MAR, Riyadh Federation
 * Emir of the Seas (est. May 2013) - 200,491 tons / 4,345 passenger berths + 1,349 crew