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[Federal Register Volume 65, Number 212 (Wednesday, November 1, 2000)]
[Notices]
[Pages 65316-65317]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-28045]

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FEDERAL MARITIME COMMISSION

Notice of Termination of Certificates Issued to Premier 
Operations Ltd. 
(D/B/A Premier Cruises and Premier Cruise Lines)

    Notice is given of the termination of all certificates issued by 
the Federal Maritime Commission to Premier Operations Ltd. (d/b/a 
Premier Cruises and Premier Cruise Lines) (``Premier'') pursuant to 
sections 2 and 3 of Public Law 89-777, 46 U.S.C. app. Sections 817d and 
e. Premier has ceased operations, and bankruptcy proceedings have been 
initiated in the Supreme Court of Bermuda to liquidate Premier. In 
addition, the Commission has been notified of the termination of 
coverage provided to Premier under various financial instruments. That 
coverage, in the form of a surety bond for performance and guaranties 
for casualty, provided the necessary evidence of financial 
responsibility for issuing Commission certificates to Premier. 
Accordingly, all casualty and performance certificates as specified 
below have, or soon will, become null and void.
    Premier currently holds Certificates (Casualty) and Certificates 
(Performance) for vessels as identified below.

------------------------------------------------------------------------
                                                             Performance
                                                  Casualty
                    Vessel                      certificate  certificate
                                                    No.          No.
------------------------------------------------------------------------
THE BIG RED BOAT II (ex EDINBURGH CASTLE).....      C-1603        P-670
THE BIG RED BOAT III (ex ISLANDBREEZE)........      C-1597        P-691
OCEANBREEZE...................................      C-1533          N/A
OCEANIC (THE BIG RED BOAT)....................      C-1550        P-673
REMBRANDT.....................................      C-1551        P-674
SEABREEZE I...................................      C-1552        P-675
------------------------------------------------------------------------

    Guarantors who provided evidence of financial responsibility 
supporting the above listed casualty certificates notified the 
Commission on September 14, 2000, and September 18, 2000, that the 
guaranties would be terminated on October 14, 2000, and October 18, 
2000,

[[Page 65317]]

respectively. Accordingly, pursuant to 46 CFR 540.26(a), the above 
identified casualty certificates have become null and void.
    All of the performance certificates are supported by a surety bond 
issued by Greenwich Insurance Company and NAC Reinsurance Corporation 
in the amount of $15 million. On September 26, 2000, the surety 
notified the Commission of the cancellation of the surety bond 
effective October 26, 2000. Since Premier has ceased operations and is 
in the process of being liquidated, the above identified performance 
certificates shall become null and void effective October 26, 2000, 
pursuant to 46 CFR 540.8(a).
    This notice is issued under the authority of 46 CFR 501.27(h)(5).

Sandra L. Kusumoto,
Director, Bureau of Consumer Complaints and Licensing.
[FR Doc. 00-28045 Filed 10-31-00; 8:45 am]
BILLING CODE 6730-01-P
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