Wednesday, October 5, 2022

Royal Olympic Cruise Lines Inc

Don't Miss

Cruising Into The 1950s

What It Takes To Be A Cruise Ship Performer

Royal Olympic Cruise Lines was created in 1995 following the merger of two well-established, family-owned cruise ship operators, Epirotiki and Sun Line. Both companies had begun cruise operations in the Greek islands during the 1950s, at a time when Greece began developing itself as a modern tourist destination in the postwar era. Epirotikis operations stretched back to 1830, when it was founded as a shipping company by George Potamianos, making it one of the worlds oldest continuously operating shipping lines. Epirotiki went on to develop a leading position in the Greek cargo and passenger transportation trade, and began operating cruises among the Greek islands in the 1930s. In the 1950s, Potamianoss grandson, Anastassios, took over the direction of the company and focused it entirely on the cruise ship market, which was then undergoing a transformation from being a privilege of the wealthy to becoming a common vacation option affordable to the larger, middle-class traveling public.

How We Make Money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

Royal Olympic Cruise Lines Inc

NAIC:Company Perspectives:Key Dates:1830:1954:1958:1994:1995:1998:1999:2000: Olympic Voyager.2002: Olympic ExplorerCompany History:

Cruising into the 1950s

Royal Olympic Cruise Lines was created in 1995 following the merger of two well-established, family-owned cruise ship operators, Epirotiki and Sun Line. Both companies had begun cruise operations in the Greek islands during the 1950s, at a time when Greece began developing itself as a modern tourist destination in the postwar era. Epirotiki’s operations stretched back to 1830, when it was founded as a shipping company by George Potamianos, making it one of the world’s oldest continuously operating shipping lines. Epirotiki went on to develop a leading position in the Greek cargo and passenger transportation trade, and began operating cruises among the Greek islands in the 1930s. In the 1950s, Potamianos’s grandson, Anastassios, took over the direction of the company and focused it entirely on the cruise ship market, which was then undergoing a transformation from being a privilege of the wealthy to becoming a common vacation option affordable to the larger, middle-class traveling public.

Merging to Mediterranean Leadership in the 1990s

Further Reading:

International Directory of Company Histories, Vol. 52. St. James Press, 2003.

Don’t Miss: How Much Does It Cost For An Alaskan Cruise

Transparency Is Our Policy Learn How It Impacts Everything We Do

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

Wed like to share more about how we work and what drives our day-to-day business.

Merging To Mediterranean Leadership In The 1990s

Royal Olympic Cruise Lines, Inc. (ROCLF) Stock Message Board

In 1993, Carnival agreed to sell one of its ships to Epirotiki in exchange for a 17 percent stake in the Greek company. That agreement was meant as the first phase of a multistep transaction that would eventually give control of Epirotiki to Carnival. In 1994, the two companies carried out the second phase of the deal, transferring a second Carnival vessel to Epirotiki, and bringing Carnivals shareholders position up to 43 percent. At that point, Epirotiki restructured its management, appointing the Potamianos brothers cochairmen, and bringing in a new CEO, Pam Conover, who had formerly headed up Citicorps shipping operations. But Conovers management style quickly clashed with that of the Potamianos family. Conover was briefly removed from her position at Epirotiki, but at the beginning of 1995, Carnival stepped up its position, increasing its holding to 49 percent. Although 51 percent remained with Epirotiki, a significant part of that stake was in fact held by Carnival ally Paris Katsoufis, a Greek-born American citizen, who now took on the position as chairman of the boardrelegating the Potamianos brothers to the honorary positions of chairman emeriti.

Don’t Miss: What Company Owns Celebrity Cruises

How We Approach Editorial Content

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investors point of view. We also respect individual opinionsthey represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

How We Use Your Personal Data

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.

To learn more about how we handle and protect your data, visit our privacy center.

Read Also: What Cruise Lines Go To Bora Bora

Notes & Data Providers

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet. Copyright © FactSet Research Systems Inc. All rights reserved. Source: FactSet

Indexes: Index quotes may be real-time or delayed as per exchange requirements refer to time stamps for information on any delays. Source: FactSet

Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Sources: FactSet, Dow Jones

Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet, Dow Jones

ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Sources: FactSet, Dow Jones

Bonds: Bond quotes are updated in real-time. Sources: FactSet, Tullett Prebon

Currencies: Currency quotes are updated in real-time. Sources: FactSet, Tullett Prebon

Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Sources: CoinDesk , Kraken

Calendars and Economy: ‘Actual’ numbers are added to the table after economic reports are released. Source: Kantar Media

About The Royal Olympic Cruise Lines Inc Stock Forecast

Celestyal Olympia Ship Tour (Formerly Song of America, MS Sunbird, Thomson Destiny)

As of 2022 July 29, Friday current price of ROCLF stock is 0.000100$ and our data indicates that the asset price has been in a downtrend for the past 1 year .

Royal Olympic Cruise Lines stock price has been showing a declining tendency so we believe that similar market segments were not very popular in the given period.

Our site uses a custom algorithm based on Deep Learning that helps our users to decide if ROCLF could be a good portfolio addition. These predictions take several variables into account such as volume changes, price changes, market cycles, similar stocks.

Future price of the stock is predicted at 0.056139560207597$ after a year according to our prediction system.

This means that if you invested $100 now, your current investment may be worth 56139.56$ on 2023 July 29, Saturday.

This means that this stock is suited as a new addition to your portfolio as trading bullish markets is always a lot easier.

You May Like: What Is The Best Time To Cruise Alaska

Discover Strong Past Performing Companies

  • When a company lacks a financial track record, its managements track record becomes important. Corporate governance also plays an important role in a young business as board members are seen as highly-experienced leaders to help steer the company into the future. Take a look at to assess their ability to deliver on their strategic promises.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Royal Olympic Cruise Lines’s filings and announcements here.

More articles

Popular Articles