Springwater Capital (51%) Royal Caribbean Group (49%)
Subsidiaries
CDF Croisières de France
Website
www.pullmantur.es
Pullmantur Cruises was a cruise line headquartered in Madrid, Spain.[1] It began operations in the late 1990s as an offshoot of the Madrid-based travel agency Pullmantur. In 2006, Pullmantur Cruises, through its parent company, was purchased by U.S.-based Royal Caribbean Group,[2] but Royal Caribbean later sold a 51% stake in the cruise line to Spain-based investment firm Springwater Capital, retaining a 49% stake.[3]
Pullmantur Cruises was the largest Spain-based cruise line. The company mainly marketed to Spanish passengers, although cruises were also sold by some travel operators outside the Spanish-speaking world. Some of the company's ships operated an "all-inclusive" product, where some extras, such as brand alcoholic beverages, were included in the cruise price.[2] Originally, most Pullmantur ships did not operate cruises for the company during the northern hemisphere winter season. Instead, they were either laid up or under charter to other cruise lines, such as the Brazil-based Viagens CVC.[2]
On 22 June 2020, due to the economic impact caused by the COVID-19 pandemic, Pullmantur's owners announced they had filed for reorganization of Pullmantur under Spanish insolvency laws.[4] Pullmantur under Administration review was hoping to restart some operations with MV Horizon, laid up in Eleusis Bay, and two Celebrity Millennium class cruise ships.[5]
By December 2020, a reorganization plan had been developed, to restart some cruises, with financial assistance from Royal Caribbean.[6] Since mid July 2021 it was in process of liquidation.[7]
^"Legal Notice Archived 2015-04-25 at the Wayback Machine." Pullmantur. Retrieved on 13 May 2015. "Pullmantur, S.A CIF A28261337. Located on, number 2 Mahonia Street, Madrid 28043." and "Pullmantur Cruises S.L. CIF B84581701. Located on, number 2 Mahonia Street, Madrid 28043."
^ abcNewman, Doug (2007-08-27). "Cruise Ship Reviews > Pullmantur". Cruise Critic. The Independent Traveler, Inc. Retrieved 2008-04-16.
^Royal Caribbean (10 May 2016). "Royal Caribbean Cruises Ltd. And Springwater Capital Announce Joint Venture" (Press release). Miami, Florida and Madrid, Spain: Royal Caribbean. PRNewswire. Retrieved 16 May 2016.
^"Pullmantur Files for Reorganization". Cruise Industry News. 22 June 2020. Retrieved 22 June 2020.
^"Pullmantur Could Restart Operations with Two Celebrity Millennium-Class Cruise Ships". www.cruisecritic.com.
^"Crucial week for Pullmantur: ERE negotiations start". The Canadian News. 28 December 2020.
^"Spanish cruise company Pullmantur requests to open the liquidation process". 15 July 2021.
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