Cruise Company's Woes Prompt Yacht Discount

Just around this time last year I wrote about the listing of the Tia Moana, one of a matched pair of mini cruise ships based in beautiful Bora Bora. Tia Moana, a 226-foot beauty with 30 cabins was listed last year at 30 million euros. The ship has five decks including two Jacuzzis and an on-deck movie screen. It includes a library, fitness area and ample dining space. It is one of two ships run by Bora Bora Cruises. According to the Sydney Morning Herald the company recently was placed in receivership by the Papeete Mixed Commerce Tribunal and has been renamed Nomade Yachting Bora Bora. Cruises for the Tia Moana were canceled but the sister ship the Tu Moana should be available for private charters starting in April 2010 after a renovation that will make it more like a private charter yacht, including a large owner's suite, six VIP suites and eight double cabins with a maximum capacity of 30 passengers. Both yachts were built in Western Australia in 2003 by Austal Ships Oceanfast. Tia Moana is now listed for 25 million euros.