Bora Bora Yacht Line in Receivership

I was so disheartened to hear today that Nomade Yachting, formerly Bora Bora Cruises based in French Polynesia, has gone into receivership.

The cruise line operated two gorgeous 60 meter yachts: Tia Moana and Tu Moana. All scheduled itineraries aboard the Tia Moana have been cancelled and the ship is now up for sale. The price tag is 25 million euros ($37.7 million for those of us in the United States). Yacht broker Edmiston & Company is handling the sale.

Tu Moana is currently in dry-dock and will be available for private charters as of April 2010. Revisions are being made to the yacht that will decrease the passenger capacity form 50 to 30. there will be a 100-square-meter Owner's Suite, six VIP suites, and eight double cabins.

Nomade Yachting offered a truly uncommon experience in French Polynesia and made weekly cruises from Bora Bora to Huahine, Raiarea, and Le Taha'a.

—Andrea M. Rotondo for LuxuryCruiseBible.com