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Based in London, John Chandris, 54, heads a Greek shipping dynasty founded by his grandfather. It made £170m from the 1997 sale of its cruise operation, Celebrity Cruise Line. Chandris also chairs Leathbond, a property firm that made a profit of £31.5m on £71.7m sales in 2002-03 and has £370m net assets. We assume he controls at least half of the firm, representing £185m net assets. The family has shipping, hotel and other interests in Greece and a collection of modern art. Our £400m valuation is conservative.

 

Spearheading a new cruise
experience with Germans in mind

May 2, 2008 - Celebrity Cruises' Celebrity Galaxy will become the first ship of TUI Cruises, a new cruise brand established through a joint venture between Royal Caribbean Cruises Ltd and TUI AG. John Chandris

Celebrity GalaxyTUI Cruises will cater for German-speaking guests wanting a premium cruise experience custom-tailored to German tastes in food, entertainment and amenities.

John Chandris

Galaxy, which carries 1,870 guests, will complete its scheduled sailings until March 2009 before entering service for TUI two months later, with a new name, sailing in the Baltic in the summer and the Caribbean in the winter.

The 77,713-ton ship, built at the Meyer shipyard in Papenburg, Germany, joined the Celebrity fleet in December 1996. The line's president Dan Hanrahan described her as "a treasured member of our family of ships".

TUI Cruises' CEO Richard Vogel: added: "We are very pleased to have Celebrity Galaxy become the first ship in the new TUI Cruises fleet and we look forward to customising the ship for our German customer base, growing our brand, and providing our guests with an incredible vacation experience." John Chandris

handris Fantasy Cruises was the lower-end version of what was then Chandris Celebrity Cruises, now just plain Celebrity Cruises.

Chandris - once the world's largest cruise line - started Celebrity as an upscale division in 1989. From then on they began phasing out the lower-end Fantasy product. Both Fantasy and Celebrity dropped the Chandris name when Chandris sold 50% of their cruise business to bulk carrier owners OSG.

Fantasy Cruises was completely eliminated in 1997. In that same year, Celebrity and Royal Caribbean merged; Chandris and OSG became major Royal Caribbean shareholders. OSG subsequently sold their stock in Royal Caribbean, however Chandris remains a major shareholder. John Chandris is a member of Royal Caribbean's board of directors.

 

Royal Caribbean Cruises Ltd. is engaged in the cruise vacation activities worldwide, through 35 ships and around 71200 berths. The company serves across 380 locations globally including the UK, Germany, Norway, Italy, Spain, Singapore and China. The company offers pre and post cruise hotel packages including fully escorted premium land packages
with cruise vacations. The company has five cruise brands namely Royal Caribbean International, Celebrity Cruises, Pullmantur Cruises, Azamara Cruises, and CDF Croisieres de France. These brands caters the contemporary, budget, luxury, premium and deluxe segment of the cruise industry.

 

This report presents an in-depth business, strategic and financial analysis of Royal Caribbean Cruises Ltd.. John Chandris The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors. The hallmark of the report is the detailed strategic analysis on the company.

 

Scope

 

• The company’s strengths and weaknesses and areas of development or decline are analyzed. Financial, strategic and operational factors are considered.

• The opportunities open to the company are considered and its growth potential assessed. Competitive or technological threats are highlighted.

• The report contains critical company information – business structure and operations, the company history, major products and services, key competitors, key employees and executive biographies, different locations and important subsidiaries.

• It provides detailed financial ratios for the past five years as well as interim ratios for the last four quarters.

• Financial ratios include profitability, margins and returns, liquidity and leverage, financial position and efficiency ratios.

 

Reasons to buy

 

• A quick “one-stop-shop” to understand the company.

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• Identify prospective partners and suppliers – with key data on their businesses and locations.

• Capitalize on competitors’ weaknesses and target the market opportunities available to them.

• Compare your company’s financial trends with those of your peers / competitors.

• Scout for potential acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.

 

John Chandris has served as a director since July 1997.Mr. Chandris is Chairman of Chandris (UK) Limited, a shipbrokering office based in London, England.Prior to September 1997, Mr. Chandris served as Chairman of Celebrity Cruise Lines Inc.Mr. Chandris is a director of various real estate companies in the United Kingdom, in particular, Leathbond Limited, London Cambridge Properties Limited and Ringmerit Limited.Mr. Chandris also serves on the board of the classification society, Lloyd's Register.

Chandris uses all the ships in the Australian migrant trade, but at the same time they began to develop cruise services using second hand cruise ships, both from USA and Europe as well. In the early seventies the liner services ended.

Chandris Cruises Chandris turned to Greek hotels and they also developed a budget minted cruise operation, Chandris Cruises.They strengthened their American operations with lovely old ships like Britanis, Amerikanis, Galileo, etc.But in the mid eighties, the third generation Chandris Chairman John Chandris foresaw the growth of the cruise trade world-wide especially concerning the upper class of the USA's mass market.
...
The ship had already been named in Papenburg on 26th October by her godmother Tina Chandris, wife of Celebrity Cruises' Chairman John Chandris, who launched the ubiquitous bottle of champagne towards the bow of the vessel.

Mr. John Chandris, the London-based chairman of the Chandris Group, took to the podium at the New York's Essex House for an important press conference-"a birth announcement".Ever charming and extremely well-versed in the business of running modern day ocean liners, he is the son of Anthony J. Chandris, one of the genius-like brothers who built up one of the world's best known shipping companies, Greece's Chandris Lines."The new century will actually begin early, in 1995," he announced enthusiastically.

John Chandris, 55, has served as a Director of the Company since July 1997.Mr. Chandris is Chairman of Chandris (UK) Limited, a shipbrokering office based in London, England.Prior to September 1997, Mr. Chandris served as Chairman of Celebrity Cruise Lines Inc.Mr. Chandris is a director of various real estate companies in the United Kingdom, in particular, Leathbond Limited, London and Cambridge Properties Limited and Ringmerit Limited.Mr. Chandris also serves on the Board of the classification society, Lloyd's Register.

Chandris Lines - John Chandris

Celebrity Cruises; Celebrity Cruises Review, Celebrity Cruises

Celebrity Cruises - John Chandris

 
 
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