Cruise West: "We are working to restructure"

Cruise West Continues Restructuring Efforts

SEATTLE, WA (September 8, 2010) – Cruise West, a global leader in small-ship explorations, today announced that they continue to work towards a restructuring of the company and its operations. The first move in this restructuring is the termination of the Spirit of Oceanus’ Voyage of the Great Explorers. Additional assets may be sold and other steps are being pursued towards a restructure.

As part of this process, Cruise West has suspended accepting any new bookings.

The Spirit of Oceanus voyage ended at its scheduled port of disembarkation so as to minimize any negative impact to our guests. Cruise West plans to continue to operate its US flag ships and itineraries through October, 2010; Spirit of Endeavour will sail from Seattle on the British Columbia Cruise and the Spirit of ’98 from Portland, OR along the Columbia and Snake Rivers. Cruise West will also complete cruises or land tours already underway in Alaska.

For those booked Spirit of Oceanus guests who may be affected by this news and who have not yet travelled, we recommend that you take the following steps:
1. If third-party travel insurance was obtained, a claim should be placed immediately with the insurer.
2. If payment was made by credit card, a claim should be placed immediately with the card issuer.
3. If the payment was made by cash or check, and you have no travel insurance, please send an email to info@cruisewest.com.

Cruise West executives will not respond to media inquiries or accept interviews at this time