It takes an iron memory to line them all up. most Business associated with Children of J. Barreras, in the process of liquidation, after the passage of the Ritz-Carlton by the shipyard. There are more than a dozen with branches in Malta, Luxembourg, Liechtenstein, Singapore and the Cayman Islands; A root planted by the Oaktree Capital fund, which promised a huge workload for the Galician navy.
Namely, the first ultra-luxury cruise ship to be christened EvolutionConstruction 1705 will be followed by the ships Ilma and Luminara at a rate of approximately €250 million per unit. For Vigo, the prophet of this project was Douglas Prothero, who came to preside over Barreras and diluted that hope. The company that bought the company from Beiramar and still owns the limited company is Cruise Yacht Upper Holdco. If their net investment in Vigo is up in the air 135 million euros in 2020He practically doubled this amount after his flight to Cantabria: 245 million € These are the audited data of OCM Luxemburg EPF IV Cruise Yacht Master Holdco of its affiliated company, Grand Duchy-based and to which Faro de Vigo newspaper, which belongs to the Prensa Ibérica group as well as this newspaper, is affiliated. had access. .
cruising Evolution On March 15, 2021, Astander theoretically left the Vigo Estuary to go to dry dock. There he would undergo exterior painting jobs (live work and dead work and superstructure), after which he would return to Galicia to continue his construction. This planning Prothero’s sales to the entire industry, but that was just an excuse; Before the ship started on the route – it had to be towed, it did not have its own means of propulsion – the Canadian had already negotiated with suppliers to end the cruise in Cantabria, fearing that the ship would be seized for non-payment. It was: most Evolution never returned to BarrerasAs it docked at Santander on March 19 and the Ritz would later prepare the tender liquidation of the largest private shipyard in Spain.
During the pandemic year and as the OCM Luxemburg balance sheet shows, net investment was close to 135 million euros, which was then necessary to reactivate work in Beiramar after Pemex left the capital. and when Evolution Anchored in Astander, where it parked for months with no progress in construction, the Prothero team replaced most of the Vigo utilities with other Cantabrian and foreign companies, with a significant number of staff from Eastern Europe. There, he subjected the cruiser to an endless number of other changes and repairs, adding delays in the delivery of the ship. The total cost of the project is over 500 million euros.. Thus, it is clear that the figures appearing in the accounts of OCM Luxemburg with an investment of 245 million Euros throughout 2021 and that these should remain in the network of assistants and suppliers of Hijos de J. Barreras and Vigo. Moreover, Santander invested almost the same amount as budgeted for building the entire ship from scratch.
Benefits
Last year, owner Cruise Yacht made a profit of more than 35 million euros, despite paving the way for the controlled bankruptcy of the shipyard. While Prothero was Barreras’ executive chairman, he refused to close any deals with his associates of projects such as the following. shipping companies Havila Kystruten or Armasfor not having money. The trail of unpaid bills exceeding nine million euros and inherited from the time José García Costas was president has yet to be satisfied. The providers getting their money back will depend on the cases the SA is diving into.
In the initial plans of the Prothero, Oaktree, and Ritz-Carlton chain (a subsidiary of hotel titan Marriott International), Evrima’s inaugural journey would take place on a coincident trip from Fort Lauderdale in February 2020. with final match. However, to this day, there is still no exact date. The last—and the tenth—is on October 15, on a cruise between Barcelona and the French port of Nice. He was in Gibraltar yesterday and he was there. refueling (refueling), on the way to Marseille. There, she plans to finish her onboard hotel service before finally receiving her first guests.