Exhibit 21.1

SUBSIDIARIES OF AMBASSADORS INTERNATIONAL, INC.



|1. | Ambassadors, LLC, a Delaware limited liability company
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|2. | Ambassadors Cruise Group, LLC, a Delaware limited liability company, a wholly-owned subsidiary of Ambassadors International, Inc.
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|3. | Cypress Reinsurance, Ltd, a Bermuda corporation
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|4. | Ambassadors Marine Group, LLC, a Delaware limited liability company, a wholly-owned subsidiary of Ambassadors International, Inc.
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|5. | BellPort Group, Inc., a Delaware corporation, a wholly-owned subsidiary of Ambassadors Marine Group, LLC
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|6. | BellJa Holding Company, Inc., a California corporation, a wholly-owned subsidiary of BellPort Group, Inc.
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|7. | American West Steamboat Company, LLC, an Oregon limited liability company, a wholly-owned subsidiary of Ambassadors Cruise Group, LLC
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|8. | EN Boat LLC, an Oregon limited liability company, a wholly-owned subsidiary of Ambassadors Cruise Group, LLC
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|9. | QW Boat Company LLC, an Oregon limited liability company, a wholly-owned subsidiary of Ambassadors Cruise Group, LLC
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|10. | DQSC Operations, LLC, a Delaware limited liability company, a wholly-owned subsidiary of Ambassadors Cruise Group, LLC
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|11. | DQ Boat, LLC, a Delaware limited liability company, a wholly-owned subsidiary of DQSC Operations, LLC
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|12. | AQ Boat, LLC, a Delaware limited liability company, a wholly-owned subsidiary of DQSC Operations, LLC
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|13. | MQ Boat, LLC, a Delaware limited liability company, a wholly-owned subsidiary of DQSC Operations, LLC
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|14. | Nishida Tekko America Corporation, a California corporation, a wholly-owned subsidiary of Ambassadors Marine Group, LLC
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|15. | BMI Acquisition Company, a Washington corporation, 51% owned by Nishida Tekko America Corporation and 49% owned by Ambassadors Marine Group, LLC
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|16. | Bellingham Marine Industries, a Washington corporation, a wholly-owned subsidiary of BMI Acquisition Company
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|17. | Florida Floats, Inc., a Florida corporation, a wholly-owned subsidiary of BMI Acquisition Company
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|18. | Concrete Flotation Systems, Inc., a Connecticut corporation, a wholly-owned subsidiary of BMI Acquisition Company
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|19. | BMI Properties LLC, a Washington limited liability company, a wholly-owned subsidiary of BMI Acquisition Company
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|20. | Bellingham Marine Australia Pty. Ltd., an Australia company, a wholly-owned subsidiary of BMI Acquisition Company
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|21. | Bellingham Marine New Zealand Ltd., a New Zealand company, a wholly-owned subsidiary of BMI Acquisition Company
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|22. | Bellingham Marine Europe Limited, a United Kingdom company, a wholly-owned subsidiary of BMI Acquisition Company
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|23. | Bellingham Marine SEA Sdn. Bhd., a Malaysia company, a wholly-owned subsidiary of BMI Acquisition Company
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|24. | Bellingham Marine Mexico, SA de C.V., a Mexico company, a 99% owned subsidiary of BMI Acquisition Company
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|25. | Marine Technologies Pty. Ltd., an Australia company, a wholly-owned subsidiary of BMI Acquisition Company
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|26. | Marina Accessories, Inc., a Washington corporation, a 49% owned subsidiary of BMI Acquisition Company
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