Cruise line claims keep rising

Cruise line claims keep rising
By admin


The total value of claims resulting from the cancellation of Classic International Cruises’ Australian season could top $5 million, according to the latest projections.

A creditors meeting, held yesterday, saw CIC Australia and its administrators, Lawler Partners, update around 250 creditors, mostly travel agents, on the administration of the troubled cruise line.

However, administrator Brad Tonks told Travel Today there was a possibility passengers may also end up as creditors in the administration.

“In the first instance, we recommend that passengers talk with the Travel Compensation Fund (TCF) about what sort of claim they might be able to lodge,” he said. “I think that is the most likely and fastest way that passengers are likely to receive some compensation for any monies that they’ve previously forwarded.”

However, if passengers are not covered by the TCF, by travel insurance or by credit card chargebacks, it may well be their “fall back position” to become a creditor of the administration, he said.

While initial estimates predicted claims would hit around $2 million, Tonks said current projections were in the order of $5 million or more.

“There’s a lot of work to be done to confirm those preliminary figures,” he said. “I predict that those figures will move subject to better particulars becoming available to us over the coming weeks.”

Tonks confirmed “significant funds” of around $3.1 million are held in the accounts of the company’s local operation. Lawler and Partners is currently seeking legal advice as to the proper course of distributing the funds.

Another creditors meeting will be held in around one month, when the firm will present a detailed report to all creditors about the company affairs and what courses of action or future Classic International Cruises may have.

Latest News

  • Health & Wellness

Bannisters by the Sea unveils retreat style package for new mothers

Boutique hotel Bannisters by the Sea has revealed a brand-new package for new mothers – Bannisters Mummymoon – right in time for Mother’s Day. Designed to nurture and rejuvenate new mothers, this luxurious escape prioritises postpartum self-care and wellbeing in a serene coastal setting. Reconnecting and Recharging: The two-night Mummymoon allows mums to reconnect with […]

  • Destinations

APT offers destination incentives to enjoy the Best of Asia

APT Luxury Travel launches has launched its Asia Sale featuring 20 trips, with journeys through Vietnam and Cambodia as highlights, as well as opportunities to explore Japan, South Korea, India and Sri Lanka. It’s ‘Spiritual Cambodia and the Mekong’ land and river cruise tour for example takes guests on an all-inclusive 11-day journey through Vietnam […]

  • Travel Agents

Disney Days returns with Inside Out 2 showing in Sydney, Brisbane, Melbourne and Auckland

Time is running out for agents to register their Expression of Interest to an exclusive screening of the much-anticipated Disney and Pixar film, Inside Out 2, hosted by Disney Destinations Australia/New Zealand team and partner United Airlines. Places are limited and applications must be in by 17 May. In addition to the screening of the […]

  • Cruise

Aranui Cruises slashes prices with No Single Supplement and Half Price offers

French Polynesian cargo cruise line Aranui Cruises is slashing thousands off its 2025 Austral and Marquesas Islands cruises with an autumn sale offering 50 per cent off the second guest in a twin share room and no single supplement for solo travellers. On sale until June 21, 2024, Aranui’s 12-day roundtrip voyage from Papeete to […]

  • Destinations

Raes on Wategos celebrates 30th birthday and guests get the presents

World famous luxury boutique hotel Raes on Wategos, in Byron Bay, has launched its 30th birthday celebrations with a Raes Indulgent Escape package. Available for all stays of two nights or more, from June to August, the curated package offers an invitation to indulge in a shared celebration of Raes 30th birthday, whilst revelling in […]