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Majestic International Cruises
Majestic International Cruises, also known as Majestic Cruises, is a Greek owned cruise line that is based in Glyfada, a suburb of Athens located in Greece. The company was founded in the late 1980s and has expanded operations to throughout Europe and the Mediterranean Sea. Currently the cruise liner operated its main ship, the ''MV Ocean Majesty, Ocean Majesty'', in main scheduled operations. History Late 1980s through 1990s The Majestic International Cruises group was founded in the late 1980s by a group interested in commercial production and cruising. By 1994, the cruise liner purchased its first ship, the ''Ocean Majesty'', which had seen a major re-construction prior to its service converting from a ferry to a cruise liner. By 1998, a second ship was adopted to the fleet which was renamed to the ''SS Ocean Explorer I'', which serviced as a Hotelship, hotel ship for the 1998 Expo '98, Expo 98 in Lisbon, Lisbon, Portugal''.'' 2000s As Majestic gained momentum, the group ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
