Fred. Olsen Cruise Lines – Pause of cruise operations for a period of time
Fred. Olsen Cruise Lines (“FOCL”), a wholly owned subsidiary of Bonheur ASA, has taken the difficult decision to pause its cruise operations for a period of time, as many other cruise operators have already done. This is in light of the recent announcement from the UK Government which advises those aged over 70, or with underlying health issues, not to take cruise holidays. Along with many other cruise and travel companies, FOCL are facing challenging and unprecedented times in its industry as a result of the ongoing global COVID-19 coronavirus outbreak. As more ports across the world