Independent journal on economy and transport policy
07:36 GMT+1
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The coronavirus gives the coup de grace to the Japanese Luminous Cruising that files for bankruptcy
The company has suspended its cruise business pending it being placed in receivership under the Civil Rehabilitation Act
March 4, 2020
Luminous Cruising Co. operates the Luminous Kobe 2,of the gross size of 4,778 tons, which is the largest restaurant ship in Japan. The unit, built in 1994, is 106 meters long, has a capacity of a thousand passengers and cruises departing from the port of Kobe.
In announcing the filing, the company specified that the deterioration of the economic situation started in 2018 as a result of the series of natural disasters that have affected different areas of Japan and that the situation has been permanently compromised by the significant number of cancellations of bookings recent weeks due to fears about the spread of the coronavirus than in Japan, according to the latest data released yesterday Tokyo's Ministry of Health, Labor and Welfare, six deaths among the 268 people who tested positive 2,684 people.
Luminous Cruising specified that the restructuring phase will be supported by First Capital Co. (FPC) owns the entire capital of Kobe Cruiser Co., a company that it also operates a restaurant ship, the Concert,which is Kobe port, on which assets will be transferred suspended from Luminous Cruising.
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Luminous Cruising Co. operates the Luminous Kobe 2,of the gross size of 4,778 tons, which is the largest restaurant ship in Japan. The unit, built in 1994, is 106 meters long, has a capacity of a thousand passengers and cruises departing from the port of Kobe.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
