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The company was established by Torstein Hagen in St. Petersburg, Russia as Viking River Cruises in 1997. Hagen had become involved in cruising as a McKinsey and Company consultant who helped the Holland America Line survive the 1973 oil crisis, then was CEO of the Royal Viking Line from 1980 to 1984, made money in the Russian private equity markets, then bought a controlling stake in a Dutch ...
In May 2013, the company announced plans to start an ocean cruise division and changed its name to Viking Cruises. [8] [9] Its first ocean cruise was launched in 2015. [10] As of 2016, Hagen has disposed of 23% of Viking Cruises to TPG Capital and the Canada Pension Plan Investment Board for a total of $672 million. [6] As of 2017, the company ...
Viking Sky is one of a series of cruise ships built by Fincantieri in Ancona, Italy, for Viking Ocean Cruises.As of 2019, she has five sister ships in operation (Viking Star, Viking Sea, Viking Sun, Viking Orion and Viking Jupiter), one under construction (Viking Venus), five on order (Viking Tellus and four yet unnamed vessels) and four more planned with deliveries spanning to 2027. [3]
MV Viking Star is the lead ship of the Viking Star class [citation needed] of cruise ships, and the first such ship operated by Viking Ocean Cruises, a division of Viking Cruises. She entered service in April 2015. Two Viking Star-class sister ships, Viking Sea and Viking Sky, joined her in the Viking Ocean Cruises fleet in 2016. [5]
Viking Holdings, the European cruise line operator, is seeking to raise more than $1 billion in a public offering next week that could become the second-biggest IPO of 2024. ... The company was ...
Viking Line Abp is a Finnish shipping company that operates a fleet of ferries and cruiseferries between Finland, the Åland Islands, Sweden and Estonia. Viking Line shares are quoted on the Helsinki Stock Exchange .
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Royal Viking Star was stretched in 1981, followed by Royal Viking Sky in 1982 and Royal Viking Sea in 1983. The lengthening of the ships improved both their profiles and their economics. In 1984, Torstein Hagen arranged a $240 million management buyout of the company, with the assistance of venture capital firm JH Whitney [citation needed].