Fred. Olsen To Sell Braemar

Fred. Olsen Cruise Lines' BraemarFred. Olsen Cruise Lines is rationalizing its fleet to concentrate on modern tonnage, as the company announced it will sell the Braemar.

“While Braemar’s smaller size brings many benefits, her size also brings constraints that are not aligned with where we now want to be as a business,” the company said in a statement.

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