TheMaritime.net
Dry Bulk Freight Index2,490 -1.3%Capesize3,538 -2.8%Panamax2,124 +0.7%Dirty Tanker Index1,935 +1.1%Supramax1,668 -0.1%Clean Tanker Index1,280 -1.4%Handysize947 +0.2%Dry Bulk Freight Index2,490 -1.3%Capesize3,538 -2.8%Panamax2,124 +0.7%Dirty Tanker Index1,935 +1.1%Supramax1,668 -0.1%Clean Tanker Index1,280 -1.4%Handysize947 +0.2%Dry Bulk Freight Index2,490 -1.3%Capesize3,538 -2.8%Panamax2,124 +0.7%Dirty Tanker Index1,935 +1.1%Supramax1,668 -0.1%Clean Tanker Index1,280 -1.4%Handysize947 +0.2%Dry Bulk Freight Index2,490 -1.3%Capesize3,538 -2.8%Panamax2,124 +0.7%Dirty Tanker Index1,935 +1.1%Supramax1,668 -0.1%Clean Tanker Index1,280 -1.4%Handysize947 +0.2%Dry Bulk Freight Index2,490 -1.3%Capesize3,538 -2.8%Panamax2,124 +0.7%Dirty Tanker Index1,935 +1.1%Supramax1,668 -0.1%Clean Tanker Index1,280 -1.4%Handysize947 +0.2%Dry Bulk Freight Index2,490 -1.3%Capesize3,538 -2.8%Panamax2,124 +0.7%Dirty Tanker Index1,935 +1.1%Supramax1,668 -0.1%Clean Tanker Index1,280 -1.4%Handysize947 +0.2%
Sitmar Line
Shipping Line
Organization

Sitmar Line

Organization Profile

Details

Type
Shipping Line
Founded
1937
Headquarters
Monte Carlo

Overview

About

Sitmar Cruises and its predecessor Sitmar Line were company names derived from the acronym for the Società Italiana Trasporti Marittimi (English: Italian Maritime Transport Company). SITMAR originally was an Italian shipping line founded by Russian émigré Alexandre Vlasov, however the company's headquarters were later transferred to Monaco. Vlasov initially operated cargo services from 1937, gradually replacing these with passenger services from 1947 until 1988, when SITMAR was sold to the Peninsular and Oriental Steam Navigation Company (P&O). After the sale, most of the former SITMAR ships were transferred to the fleet of P&O subsidiary Princess Cruises, while one, TSS Fairstar, became the sole vessel of the newly created P&O-Sitmar Cruises (later P&O Holidays). The only ship originally ordered by SITMAR still sailing, is the MS Ambience for Ambassador Cruise Line.